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Nikola (NKLA)
NASDAQ:NKLA
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NKLA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.10 - $45.30
Previous Close$5.56
Volume4.25M
Average Volume (3M)3.27M
Market Cap
$281.32M
Enterprise Value$310.55M
Total Cash (Recent Filing)$256.33M
Total Debt (Recent Filing)$285.56M
Price to Earnings (P/E)―
Beta2.22
Next Earnings
Oct 31, 2024EPS Estimate
-$2.24Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-25.35
Shares Outstanding50,597,172
10 Day Avg. Volume4,675,856
30 Day Avg. Volume3,266,994
Standard Deviation0.40
R-Squared0.07
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)0.54
Price to Sales (P/S)4.84
Price to Cash Flow (P/CF)-0.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue26.93
Enterprise Value/Gross Profit-1.45
Enterprise Value/Ebitda-1.16
Forecast
1Y Price Target
$11.33Price Target Upside117.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Nikola News
Bulls Say, Bears Say
Bulls Say
Customer Base ExpansionNikola expanded its customer base with national accounts in North America, a key to adding significant volume and scaling to improve profitability.
Exceeding Delivery ExpectationsNikola announced that the company had delivered 72 Class 8 hydrogen fuel cell trucks, above the expected guide of 50-60 units.
Record Quarterly RevenueNKLA reported record quarterly revenue helped by ASPs which increased sequentially as it ramps capacity to meet the growing demand for its FCEVs.
Bears Say
Financial PerformanceTiming on reaching breakeven remains unclear.
LiquidityCash burn implies 2 quarters of liquidity with a capital raise likely before year-end which may be an overhang for shares.
RevenueManagement discussed focusing on large, national fleets who are capable of higher quantity orders in the near term which may come with lower ASPs.
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Ownership Overview
15.00% Insiders
9.76% Mutual Funds
<0.01% Other Institutional Investors
65.88% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Nikola
Desktop Users
Mobile Users
NKLA FAQ
What was Nikola’s price range in the past 12 months?
Nikola lowest stock price was $4.10 and its highest was $45.30 in the past 12 months.
What is Nikola’s market cap?
Currently, no data Available
When is Nikola’s upcoming earnings report date?
Nikola’s upcoming earnings report date is Oct 31, 2024 which is in 26 days.
How were Nikola’s earnings last quarter?
Nikola released its earnings results on Aug 09, 2024. The company reported -$2.67 earnings per share for the quarter, beating the consensus estimate of -$2.783 by $0.113.
Is Nikola overvalued?
According to Wall Street analysts Nikola’s price is currently Undervalued.
Does Nikola pay dividends?
Nikola does not currently pay dividends.
What is Nikola’s EPS estimate?
Nikola’s EPS estimate is -$2.24.
How many shares outstanding does Nikola have?
Nikola has 50,597,170 shares outstanding.
What happened to Nikola’s price movement after its last earnings report?
Nikola reported an EPS of -$2.67 in its last earnings report, beating expectations of -$2.783. Following the earnings report the stock price went up 8.205%.
Which hedge fund is a major shareholder of Nikola?
Among the largest hedge funds holding Nikola’s share is Coatue Management, LLC. It holds Nikola’s shares valued at 1M.
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Nikola Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.33 (117.88% Upside)
$11.33 (117.88% Upside)
Blogger Sentiment
Bearish
NKLA Sentiment 65%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 2.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-86.85%
12-Months-Change
Fundamentals
Return on Equity
-164.54%
Trailing 12-Months
Asset Growth
-2.43%
Trailing 12-Months
Company Description
Nikola
Nikola Corporation (NASDAQ:NKLA) focuses on providing zero-emission transportation solutions. It is engaged in manufacturing heavy-duty commercial battery and hydrogen fuel cell vehicles. Meanwhile, through its Energy business, Nikola provides charging and infrastructure support to its vehicles and third-party customers.
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NKLA Company Deck
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NKLA Earnings Call
Q2 2024
0:00 / 0:00
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NKLA Stock 12 Month Forecast
Average Price Target
$11.33
▲(117.88% Upside)
Technical Analysis
Best Analysts Covering NKLA
1 Year
1 Year Success Rate
0/6 ratings generated profit
1 Year Average Return
-60.20%
reiterated a buy rating 2 months ago
Copying Ben Kallo's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -60.20% per trade.
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