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Nikola - NKLA Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $3.33
  • Forecasted Upside: 366.46%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$0.71 As of 12/8/2023 01:00 AM ET
▼ -0.04 (-5.30%)

This chart shows the closing price for NKLA by one month, three months, or twelve months.

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Analyst Price Target for NKLA

Analyst Price Target is $3.33
▲ +366.46% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Nikola in the last 3 months. The average price target is $3.33, with a high forecast of $5.00 and a low forecast of $1.00. The average price target represents a 366.46% upside from the last price of $0.71.

This chart shows the closing price for NKLA for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 investment analysts is to hold stock in Nikola. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
6/17/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
9/15/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
12/14/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
3/14/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
6/12/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
11/9/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/31/2023DA DavidsonBoost TargetNeutral ➝ Neutral$1.00 ➝ $3.00Low
5/10/2023TD CowenDowngradeOutperform ➝ Market Perform$5.00 ➝ $1.00Low
3/31/2023BTIG ResearchDowngradeBuy ➝ NeutralLow
3/13/2023Morgan StanleyInitiated CoverageEqual Weight$3.00Low
2/24/2023Deutsche Bank AktiengesellschaftLower TargetHold$5.00 ➝ $3.00Low
2/24/2023CowenLower TargetOutperform$10.00 ➝ $5.00Low
1/17/2023BTIG ResearchLower TargetBuy$7.00 ➝ $5.00Low
11/4/2022CowenLower Target$12.50 ➝ $10.00Low
11/4/2022CowenLower Target$12.50 ➝ $10.00Low
11/4/2022WedbushLower TargetNeutral$10.00 ➝ $6.00N/A
9/14/2022BTIG ResearchUpgradeNeutral ➝ Buy$12.00Low
8/9/2022CowenLower Target$12.50Low
8/5/2022Deutsche Bank AktiengesellschaftBoost Target$7.00 ➝ $8.00Low
7/18/2022Deutsche Bank AktiengesellschaftLower Target$11.00 ➝ $7.00Low
6/20/2022Evercore ISISet Target$10.00Low
5/10/2022WedbushLower Target$15.00 ➝ $10.00High
3/24/2022WedbushReiterated RatingNeutralMedium
2/25/2022Royal Bank of CanadaLower TargetSector Perform$11.00 ➝ $8.00Medium
2/25/2022CowenLower TargetOutperform$25.00 ➝ $15.00Medium
2/25/2022JPMorgan Chase & Co.Lower TargetNeutral$12.00 ➝ $10.00Medium
2/25/2022Deutsche Bank AktiengesellschaftLower TargetHold$19.00 ➝ $11.00Medium
11/8/2021WedbushBoost TargetNeutral$10.00 ➝ $15.00High
11/8/2021DA DavidsonBoost TargetNeutral$10.00 ➝ $12.00High
11/5/2021Royal Bank of CanadaBoost TargetSector Perform$9.00 ➝ $11.00High
11/5/2021BTIG ResearchDowngradeBuy ➝ Neutral$15.00 ➝ $14.00High
9/9/2021JPMorgan Chase & Co.Lower TargetNeutral$21.00 ➝ $12.00Medium
8/10/2021DA DavidsonInitiated CoverageNeutral$10.00High
8/4/2021Deutsche Bank AktiengesellschaftLower TargetHold$16.00 ➝ $15.00Medium
8/3/2021BTIG ResearchLower TargetBuy$18.00 ➝ $16.00High
5/27/2021BTIG ResearchInitiated CoverageBuy$18.00Low
5/10/2021Deutsche Bank AktiengesellschaftLower TargetHold$19.00 ➝ $16.00Medium
4/19/2021WedbushLower TargetNeutral$25.00 ➝ $13.00Low
3/26/2021Vertical ResearchInitiated CoverageBuy$24.00Low
3/11/2021JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Neutral$33.00 ➝ $30.00Medium
2/1/2021WedbushUpgradeUnderperform ➝ Neutral$15.00 ➝ $25.00Low
12/16/2020Colliers SecuritiesInitiated CoverageNeutralMedium
12/15/2020Evercore ISIInitiated CoverageIn-Line$20.00Medium
11/19/2020Loop CapitalInitiated CoverageBuy$35.00Low
10/13/2020Deutsche Bank AktiengesellschaftLower TargetHold$29.00 ➝ $26.00Low
9/23/2020WedbushDowngradeNeutral ➝ Underperform$45.00 ➝ $15.00High
9/22/2020Deutsche Bank AktiengesellschaftLower TargetHold$50.00 ➝ $29.00High
9/21/2020Royal Bank of CanadaLower TargetSector Perform$49.00 ➝ $21.00High
9/9/2020Royal Bank of CanadaBoost TargetPositive ➝ Sector Perform$46.00 ➝ $49.00High
8/25/2020WedbushInitiated CoverageNeutral$45.00Medium
8/3/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$54.00High
7/16/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$54.00Medium
7/8/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$45.00High
7/7/2020Royal Bank of CanadaInitiated CoverageSector Perform$46.00High
6/22/2020JPMorgan Chase & Co.Initiated CoverageNeutral$45.00High
6/17/2020CowenInitiated CoverageOutperform$79.00High
(Data available from 12/9/2018 forward)

News Sentiment Rating

0.30 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
5/13/2023
  • 3 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/12/2023
  • 4 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
7/12/2023
  • 6 very positive mentions
  • 16 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/11/2023
  • 4 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
9/10/2023
  • 3 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/10/2023
  • 8 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/9/2023
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
12/9/2023

Current Sentiment

  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Nikola logo
Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation founded in 2015 and is headquartered in Phoenix, Arizona.
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Today's Range

Now: $0.71
Low: $0.68
High: $0.77

50 Day Range

MA: $1.09
Low: $0.71
High: $1.46

52 Week Range

Now: $0.71
Low: $0.52
High: $3.71

Volume

258,688,870 shs

Average Volume

52,989,262 shs

Market Capitalization

$726.33 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.85

Frequently Asked Questions

What sell-side analysts currently cover shares of Nikola?

The following Wall Street sell-side analysts have issued research reports on Nikola in the last year: BTIG Research, Cowen Inc, DA Davidson, Deutsche Bank Aktiengesellschaft, Morgan Stanley, and TD Cowen.
View the latest analyst ratings for NKLA.

What is the current price target for Nikola?

6 Wall Street analysts have set twelve-month price targets for Nikola in the last year. Their average twelve-month price target is $3.33, suggesting a possible upside of 366.5%. BTIG Research has the highest price target set, predicting NKLA will reach $5.00 in the next twelve months. TD Cowen has the lowest price target set, forecasting a price of $1.00 for Nikola in the next year.
View the latest price targets for NKLA.

What is the current consensus analyst rating for Nikola?

Nikola currently has 5 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NKLA, but not buy more shares or sell existing shares.
View the latest ratings for NKLA.

What other companies compete with Nikola?

Other companies that are similar to Nikola include Fisker, Lion Electric, The Shyft Group, Luminar Technologies and EVgo. Learn More about companies similar to Nikola.

How do I contact Nikola's investor relations team?

Nikola's physical mailing address is 4141 E BROADWAY ROAD, PHOENIX AZ, 85040. The company's listed phone number is (480) 666-1038 and its investor relations email address is [email protected]. The official website for Nikola is usa.visa.com. Learn More about contacing Nikola investor relations.