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Nikola NasdaqGS:NKLA Stock Report

Last Price

US$0.91

Market Cap

US$1.2b

7D

44.4%

1Y

-39.4%

Updated

27 Mar, 2024

Data

Company Financials +

NKLA Stock Overview

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally.

NKLA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Nikola Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nikola
Historical stock prices
Current Share PriceUS$0.91
52 Week HighUS$3.71
52 Week LowUS$0.52
Beta1.95
1 Month Change25.77%
3 Month Change2.49%
1 Year Change-39.39%
3 Year Change-93.46%
5 Year Change-90.93%
Change since IPO-90.51%

Recent News & Updates

Nikola Corporation: Weak 2024 Outlook With More Dilution Likely Ahead - Sell

Mar 01

Recent updates

Nikola Corporation: Weak 2024 Outlook With More Dilution Likely Ahead - Sell

Mar 01

Earnings Release: Here's Why Analysts Cut Their Nikola Corporation (NASDAQ:NKLA) Price Target To US$2.33

May 11
Earnings Release: Here's Why Analysts Cut Their Nikola Corporation (NASDAQ:NKLA) Price Target To US$2.33

No Room For Nikola In Booming Industry

Oct 12

Nikola turns positive on extension of exchange offer to acquire Romeo Power

Sep 27

Nikola: It Needs More Than The Inflation Reduction Act

Aug 26

Nikola gains amid vague takeover speculation

Aug 12

Nikola: Bleeding Edge

Aug 04

Nikola: Cash Burn Rate Raises Dilution Questions Ahead Of Shareholder Meeting

Jun 28

Nikola Still Trades At A Risky Multiple

Jun 17

Nikola: One More Major Hurdle

May 06

Shareholder Returns

NKLAUS MachineryUS Market
7D44.4%2.2%0.4%
1Y-39.4%32.2%28.8%

Return vs Industry: NKLA underperformed the US Machinery industry which returned 32.2% over the past year.

Return vs Market: NKLA underperformed the US Market which returned 28.8% over the past year.

Price Volatility

Is NKLA's price volatile compared to industry and market?
NKLA volatility
NKLA Average Weekly Movement11.7%
Machinery Industry Average Movement4.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: NKLA's share price has been volatile over the past 3 months.

Volatility Over Time: NKLA's weekly volatility has decreased from 20% to 12% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2015870Steve Girskyhttps://www.nikolamotor.com

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally. The company operates in truck and energy units. It commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector.

Nikola Corporation Fundamentals Summary

How do Nikola's earnings and revenue compare to its market cap?
NKLA fundamental statistics
Market capUS$1.21b
Earnings (TTM)-US$864.62m
Revenue (TTM)US$35.84m

33.9x

P/S Ratio

-1.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NKLA income statement (TTM)
RevenueUS$35.84m
Cost of RevenueUS$249.91m
Gross Profit-US$214.07m
Other ExpensesUS$650.55m
Earnings-US$864.62m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.65
Gross Margin-597.30%
Net Profit Margin-2,412.51%
Debt/Equity Ratio34.1%

How did NKLA perform over the long term?

See historical performance and comparison
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