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Nikola (GB:0A3R)
LSE:0A3R

Nikola (0A3R) Share Forecast & Price Target

4 Followers
See the Price Targets and Ratings of:

0A3R Analyst Ratings

Hold
6Ratings
1 Buy
5 Hold
0 Sell
Based on 6 analysts giving stock ratings to
Nikola
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

0A3R Stock 12 Month Forecast

Average Price Target

$1.38
▲(115.29% Upside)
Based on 6 Wall Street analysts offering 12 month price targets for Nikola in the last 3 months. The average price target is $1.38 with a high forecast of $2.00 and a low forecast of $1.00. The average price target represents a 115.29% change from the last price of $0.64.
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Highest Price Target$2.00Average Price Target$1.38Lowest Price Target$1.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Wedbush
$3.00
Hold
368.02%
Upside
Reiterated
08/09/23
Wedbush remains sidelined on Nikola (NKLA) as CEO change overshadows positive 2QWedbush reiterated a Neutral on Nikola (NASDAQ: NKLA) with a 12-month price target of $3.00 after the electric vehicle companys earnings were overshadowed by another management change, the fourth in as many years.
Vertical Research
$8.00
Buy
1148.05%
Upside
Reiterated
05/11/23
Nikola Corp. (NKLA) PT Lowered to $8 at Vertical Research PartnersVertical Research Partners analyst Jeffrey Kauffman lowered the price target on Nikola Corp. (NASDAQ: NKLA) to $8.00 (from $10.00) while maintaining a Buy rating.
Morgan Stanley
$3.00
Hold
368.02%
Upside
Reiterated
05/10/23
Analysts Offer Insights on Consumer Goods Companies: Coty (NYSE: COTY), Nikola (NASDAQ: NKLA) and Warby Parker (NYSE: WRBY)

0A3R Analyst Recommendation Trends

Rating
Dec 23
Jan 24
Feb 24
Mar 24
Apr 24
Strong Buy
0
1
2
2
2
Buy
0
0
0
0
0
Hold
6
5
5
5
5
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
6
6
7
7
7
In the current month, 0A3R has received 2 Buy Ratings, 5 Hold Ratings, and 0 Sell Ratings. 0A3R average Analyst price target in the past 3 months is $1.38.
Each month's total comprises the sum of three months' worth of ratings.
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0A3R Financial Forecast

0A3R Earnings Forecast

Next quarter’s earnings estimate for 0A3R is -$0.10 with a range of -$0.12 to -$0.09. The previous quarter’s EPS was -$0.11. 0A3R beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 38.78% of the time in the same period. In the last calendar year 0A3R has Outperformed its overall industry.
Next quarter’s earnings estimate for 0A3R is -$0.10 with a range of -$0.12 to -$0.09. The previous quarter’s EPS was -$0.11. 0A3R beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 38.78% of the time in the same period. In the last calendar year 0A3R has Outperformed its overall industry.

0A3R Sales Forecast

Next quarter’s sales forecast for 0A3R is $15.55M with a range of $13.07M to $18.46M. The previous quarter’s sales results were $11.53M. 0A3R beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 59.38% of the time in the same period. In the last calendar year 0A3R has Underperformed its overall industry.
Next quarter’s sales forecast for 0A3R is $15.55M with a range of $13.07M to $18.46M. The previous quarter’s sales results were $11.53M. 0A3R beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 59.38% of the time in the same period. In the last calendar year 0A3R has Underperformed its overall industry.

0A3R Stock Forecast FAQ

What is GB:0A3R’s average 12-month price target, according to analysts?
Based on analyst ratings, Nikola’s 12-month average price target is $1.38.
    What is GB:0A3R’s upside potential, based on the analysts’ average price target?
    Nikola has 115.29% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is Nikola a Buy, Sell or Hold?
          Nikola has a conensus rating of Hold, which is based on 1 buy ratings, 5 hold ratings and 0 sell ratings.
            What is Nikola’s share price target?
            The average share price target for Nikola is $1.38. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is $2.00 ,and the lowest forecast is $1.00. The average share price target represents 115.29% Increase from the current price of $0.641.
              What do analysts say about Nikola?
              Nikola’s analyst rating consensus is a Hold. This is based on the ratings of 6 Wall Streets Analysts.
                How can I buy shares of Nikola?
                To buy shares of GB:0A3R, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
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