Nikola (NKLA) Stock Forecast, Price Target & Predictions
NKLA Stock Forecast
Nikola (NKLA) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $177.67, with a high of $356.40 and a low of $12.00. This represents a 98605.56% increase from the last price of $0.18.
NKLA Stock Rating
Nikola stock's rating consensus is Hold, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (30.77%), 9 Hold (69.23%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
NKLA Price Target Upside V Benchmarks
| Type | Name | Upside | 
|---|---|---|
| Stock | Nikola | 98605.56% | 
| Sector | Industrials Stocks | 14.87% | 
| Idea | Electric Vehicle Stocks List | 5.64% | 
| Idea | EV Car Stocks List | 6.20% | 
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - | 
| Avg Price Target | - | - | - | 
| Last Closing Price | $0.18 | $0.18 | $0.18 | 
| Upside/Downside | - | - | - | 
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total | 
|---|---|---|---|---|---|---|
| Mar, 25 | - | 1 | 2 | - | - | 3 | 
| Feb, 25 | - | 1 | 6 | - | - | 7 | 
| Jan, 25 | - | 1 | 6 | - | - | 7 | 
| Dec, 24 | - | 2 | 6 | - | - | 8 | 
| Nov, 24 | 1 | 2 | 6 | - | - | 9 | 
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price | 
|---|---|---|---|---|---|---|
| Aug 08, 2024 | Michael Shlisky | D.A. Davidson | $12.00 | $7.33 | 63.71% | 6566.67% | 
| Jul 03, 2024 | Ben Kallo | Robert W. Baird | $14.00 | $8.04 | 74.13% | 7677.78% | 
| Jun 12, 2024 | Michael Shlisky | D.A. Davidson | $29.70 | $14.97 | 98.40% | 16400.00% | 
| May 16, 2024 | Thomas Mordelle | Bryan Garnier & Co Ltd | $29.70 | $16.60 | 78.92% | 16400.00% | 
| Sep 14, 2022 | Gregory Lewis | BTIG | $356.40 | $149.40 | 138.55% | 197900.00% | 
| Aug 24, 2022 | Emmanuel Rosner | Deutsche Bank | $237.60 | $173.10 | 37.26% | 131900.00% | 
| Jun 28, 2022 | Chris McNally | Evercore ISI | $297.00 | $157.20 | 88.93% | 164900.00% | 
| May 10, 2022 | Daniel Ives | Wedbush | $297.00 | $164.70 | 80.33% | 164900.00% | 
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change | 
|---|---|---|---|---|
| May 08, 2024 | Cowen & Co. | Hold | Hold | hold | 
| Apr 09, 2024 | Wolfe Research | Peer Perform | initialise | |
| Sep 14, 2022 | B. Riley | Buy | initialise | |
| Aug 24, 2022 | Deutsche Bank | Hold | Hold | hold | 
| May 10, 2022 | Wedbush | Neutral | Neutral | hold | 
| Feb 25, 2022 | Deutsche Bank | Hold | Hold | hold | 
| May 28, 2021 | BTIG | Buy | initialise | |
| Apr 04, 2021 | Vertical Research | Buy | initialise | |
| Feb 08, 2021 | Wedbush | Neutral | upgrade | |
| Nov 23, 2020 | Loop Capital Markets | Overweight | initialise | 
Financial Forecast
EPS Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $-35.47 | $-51.90 | $-52.00 | $-36.31 | - | - | - | - | 
| Avg Forecast | $-19.88 | $-27.73 | $-38.04 | $-25.73 | $-11.51 | $-7.77 | $-5.83 | $1.50 | 
| High Forecast | $-17.34 | $-24.19 | $-31.84 | $-24.59 | $-9.57 | $-6.46 | $-4.56 | $1.71 | 
| Low Forecast | $-22.67 | $-31.63 | $-43.27 | $-26.59 | $-13.08 | $-8.83 | $-8.15 | $1.25 | 
| Surprise % | 78.42% | 87.16% | 36.70% | 41.12% | - | - | - | - | 
Revenue Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $95.00K | $95.00K | $50.83M | $35.84M | $68.86M | - | - | - | 
| Avg Forecast | $49.14K | $2.33M | $75.94M | $38.32M | $110.91M | $297.43M | $613.78M | $832.20M | 
| High Forecast | $54.45K | $2.58M | $83.97M | $39.48M | $122.61M | $328.80M | $678.52M | $919.98M | 
| Low Forecast | $44.32K | $2.10M | $66.42M | $37.16M | $96.52M | $258.84M | $534.14M | $724.22M | 
| Surprise % | 93.31% | -95.92% | -33.07% | -6.47% | -37.91% | - | - | - | 
Net Income Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $-383.68M | $-686.86M | $-763.57M | $-966.28M | $-956.60M | - | - | - | 
| Avg Forecast | $-530.08M | $-651.27M | $-664.40M | $-864.62M | $-302.02M | $-203.81M | $-169.40M | $39.37M | 
| High Forecast | $-462.41M | $-521.01M | $-531.52M | $-691.70M | $-255.10M | $-172.15M | $-121.57M | $45.49M | 
| Low Forecast | $-604.49M | $-781.52M | $-797.27M | $-1.04B | $-348.94M | $-235.47M | $-217.22M | $33.25M | 
| Surprise % | -27.62% | 5.46% | 14.93% | 11.76% | 216.74% | - | - | - |