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