NKLA Stock Overview
Operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
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Nikola Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.18 |
| 52 Week High | US$34.50 |
| 52 Week Low | US$1.15 |
| Beta | 1.92 |
| 1 Month Change | -38.22% |
| 3 Month Change | -76.54% |
| 1 Year Change | -95.56% |
| 3 Year Change | -99.65% |
| 5 Year Change | -99.62% |
| Change since IPO | -99.59% |
Recent News & Updates
Nikola: Take Your Money And Run (Technical Analysis)
Nov 29Nikola: Running Out Of Funds And Financing Options - Strong Sell
Nov 01Nikola's 'One Truck At A Time' Strategy Has Only 2 Outcomes
Oct 04Recent updates
Nikola: Take Your Money And Run (Technical Analysis)
Nov 29Nikola: Running Out Of Funds And Financing Options - Strong Sell
Nov 01Nikola's 'One Truck At A Time' Strategy Has Only 2 Outcomes
Oct 04Buy Nikola On Weakness To Exploit The Likely Strong Future Of Hydrogen Trucks
Sep 25Nikola: Improved Results But Nowhere Near Viability - Sell
Aug 12Nikola Corporation: Sell The Rally As Further Dilution May Be Looming
Jul 09Nikola Corporation: Messy Picture Continues - Strong Sell (Rating Downgrade)
May 14Nikola Stock Surges Past $1 Milestone After Nearly 4 Months; Is It A Buy Now?
Apr 01Nikola Corporation: Weak 2024 Outlook With More Dilution Likely Ahead - Sell
Mar 01Earnings Release: Here's Why Analysts Cut Their Nikola Corporation (NASDAQ:NKLA) Price Target To US$2.33
May 11
Shareholder Returns
| NKLA | US Machinery | US Market | |
|---|---|---|---|
| 7D | -17.5% | -4.6% | -2.4% |
| 1Y | -95.6% | 12.3% | 23.3% |
Return vs Industry: NKLA underperformed the US Machinery industry which returned 12.3% over the past year.
Return vs Market: NKLA underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| NKLA volatility | |
|---|---|
| NKLA Average Weekly Movement | 16.2% |
| Machinery Industry Average Movement | 5.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NKLA's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: NKLA's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 870 | Steve Girsky | 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
| NKLA fundamental statistics | |
|---|---|
| Market cap | US$98.83m |
| Earnings (TTM) | -US$634.77m |
| Revenue (TTM) | US$75.53m |
1.3x
P/S Ratio-0.2x
P/E RatioIs NKLA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NKLA income statement (TTM) | |
|---|---|
| Revenue | US$75.53m |
| Cost of Revenue | US$288.01m |
| Gross Profit | -US$212.48m |
| Other Expenses | US$422.29m |
| Earnings | -US$634.77m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -7.51 |
| Gross Margin | -281.32% |
| Net Profit Margin | -840.44% |
| Debt/Equity Ratio | 81.9% |
How did NKLA perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nikola Corporation is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Mordelle | Bryan Garnier & Co |
| Paul de Froment | Bryan Garnier & Co |
| Gregory Lewis | BTIG |