Nikola (NKLA) Stock Forecast, Price Target & Predictions
NKLA Stock Forecast
Nikola stock forecast is as follows: an average price target of $9.57 (represents a 154.52% upside from NKLA’s last price of $3.76) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
NKLA Price Target
NKLA Analyst Ratings
Nikola Price Target by Analyst
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% | 219.15% |
Jul 03, 2024 | Ben Kallo | Robert W. Baird | $14.00 | $8.04 | 74.13% | 272.34% |
Jun 12, 2024 | Michael Shlisky | D.A. Davidson | $1.00 | $0.50 | 98.37% | -73.40% |
May 16, 2024 | Thomas Mordelle | Bryan Garnier & Co Ltd | $1.00 | $0.56 | 78.89% | -73.40% |
Sep 14, 2022 | Gregory Lewis | BTIG | $12.00 | $5.03 | 138.57% | 219.15% |
Aug 24, 2022 | Emmanuel Rosner | Deutsche Bank | $8.00 | $5.83 | 37.22% | 112.77% |
Jun 28, 2022 | Chris McNally | Evercore ISI | $10.00 | $5.29 | 89.04% | 165.96% |
May 10, 2022 | Daniel Ives | Wedbush | $10.00 | $5.54 | 80.34% | 165.96% |
Nikola Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 4 |
Avg Price Target | - | $12.00 | $7.00 |
Last Closing Price | $3.76 | $3.76 | $3.76 |
Upside/Downside | -100.00% | 219.15% | 86.17% |
Analyst Ratings Upgrades/Downgrades
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 |
Sep 14, 2022 | Loop Capital Markets | Overweight | Buy | Initialise |
Sep 14, 2022 | Raymond James | - | Strong Buy | Initialise |
Sep 14, 2022 | Cowen & Co. | - | Overweight | Initialise |
Sep 14, 2022 | RBC Capital | Sector Perform | Outperform | Initialise |
Aug 24, 2022 | Deutsche Bank | Hold | Hold | Hold |
May 10, 2022 | Wedbush | Neutral | Neutral | Hold |
Feb 25, 2022 | Deutsche Bank | Hold | Hold | Hold |
Nikola Financial Forecast
Nikola Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Jun 21 | Dec 20 | Sep 20 | Jun 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | $25.18M | $31.32M | $7.50M | $11.53M | $-1.73M | $15.36M | $11.12M | $6.56M | $24.24M | $18.13M | $1.89M | - | - | - | - | $36.00K |
Avg Forecast | $239.08M | $217.66M | $186.05M | $164.90M | $109.00M | $97.36M | $80.75M | $70.81M | $47.30M | $37.23M | $26.19M | $15.78M | $13.15M | $9.54M | $15.00M | $12.88M | $32.12M | $22.70M | $16.57M | $112.50K | $2.26M | $16.67K | $10.00K | $10.00K | $15.00K |
High Forecast | $314.27M | $286.12M | $244.57M | $216.76M | $143.28M | $127.98M | $106.14M | $94.22M | $61.06M | $37.80M | $34.43M | $15.78M | $14.25M | $14.73M | $19.71M | $16.94M | $42.22M | $22.70M | $16.57M | $112.50K | $2.26M | $16.67K | $10.00K | $10.00K | $15.00K |
Low Forecast | $171.27M | $155.93M | $133.28M | $118.13M | $78.08M | $69.75M | $57.84M | $48.95M | $35.61M | $36.65M | $18.76M | $15.78M | $12.05M | $634.89K | $10.74M | $9.23M | $23.01M | $22.70M | $16.57M | $112.50K | $2.26M | $16.67K | $10.00K | $10.00K | $15.00K |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
Surprise % | - | - | - | - | - | - | - | - | - | 0.68% | 1.20% | 0.48% | 0.88% | -0.18% | 1.02% | 0.86% | 0.20% | 1.07% | 1.09% | 16.77% | - | - | - | - | 2.40% |
Nikola EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Jun 21 | Dec 20 | Sep 20 | Jun 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
EBITDA | - | - | - | - | - | - | - | - | - | $-178.79M | $-131.12M | $-145.36M | $-127.84M | $-226.17M | $-168.63M | $-144.08M | $-195.80M | $-220.30M | $-165.69M | $-146.37M | $-156.37M | $-141.23M | $-146.26M | $-116.02M | $-85.24M |
Avg Forecast | $-239.08M | $-217.66M | $-186.05M | $-164.90M | $-109.00M | $-97.36M | $-80.75M | $-70.81M | $-47.30M | $-37.23M | $-26.19M | $-15.78M | $-13.15M | $-9.54M | $-15.00M | $-12.88M | $-187.50M | $-22.70M | $-16.57M | $-112.50K | $-2.26M | $-16.67K | $-10.00K | $-10.00K | $-65.57M |
High Forecast | $-171.27M | $-155.93M | $-133.28M | $-118.13M | $-78.08M | $-69.75M | $-57.84M | $-48.95M | $-35.61M | $-36.65M | $-18.76M | $-15.78M | $-12.05M | $-634.89K | $-10.74M | $-9.23M | $-150.00M | $-22.70M | $-16.57M | $-112.50K | $-2.26M | $-16.67K | $-10.00K | $-10.00K | $-52.45M |
Low Forecast | $-314.27M | $-286.12M | $-244.57M | $-216.76M | $-143.28M | $-127.98M | $-106.14M | $-94.22M | $-61.06M | $-37.80M | $-34.43M | $-15.78M | $-14.25M | $-14.73M | $-19.71M | $-16.94M | $-225.00M | $-22.70M | $-16.57M | $-112.50K | $-2.26M | $-16.67K | $-10.00K | $-10.00K | $-78.68M |
Surprise % | - | - | - | - | - | - | - | - | - | 4.80% | 5.01% | 9.21% | 9.72% | 23.72% | 11.25% | 11.18% | 1.04% | 9.71% | 10.00% | 1301.02% | 69.33% | 8473.75% | 14626.30% | 11602.40% | 1.30% |
Nikola Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Jun 21 | Dec 20 | Sep 20 | Jun 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
Net Income | - | - | - | - | - | - | - | - | - | $-199.95M | $-133.67M | $-147.56M | $-153.60M | $-425.50M | $-217.83M | $-169.09M | $-207.47M | $-234.25M | $-171.73M | $-151.75M | $-159.42M | $-143.23M | $-147.04M | $-117.47M | $-86.64M |
Avg Forecast | $-53.50B | $-62.53B | $-74.61B | $-73.93B | $-87.88B | $-95.07B | $-106.25B | $-111.26B | $-113.06B | $-114.96B | $-143.02B | $-226.18M | $-203.07B | $-213.83B | $-339.09B | $-205.62M | $-190.98M | $-510.53M | $-371.58M | $-186.93M | $-444.62M | $-421.88M | $-330.21M | $-273.19M | $-66.65M |
High Forecast | $-33.77B | $-39.47B | $-47.10B | $-46.67B | $-55.47B | $-60.02B | $-67.07B | $-92.71B | $-105.02B | $-72.57B | $-90.29B | $-180.95M | $-177.69B | $-156.81B | $-214.06B | $-164.50M | $-152.78M | $-510.53M | $-371.58M | $-149.54M | $-444.62M | $-421.88M | $-330.21M | $-273.19M | $-53.32M |
Low Forecast | $-75.37B | $-88.09B | $-105.12B | $-104.15B | $-123.80B | $-133.94B | $-149.69B | $-129.80B | $-122.10B | $-161.96B | $-201.50B | $-271.42M | $-215.76B | $-270.86B | $-477.73B | $-246.74M | $-229.17M | $-510.53M | $-371.58M | $-224.31M | $-444.62M | $-421.88M | $-330.21M | $-273.19M | $-79.98M |
Surprise % | - | - | - | - | - | - | - | - | - | 0.00% | 0.00% | 0.65% | 0.00% | 0.00% | 0.00% | 0.82% | 1.09% | 0.46% | 0.46% | 0.81% | 0.36% | 0.34% | 0.45% | 0.43% | 1.30% |
Nikola SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Jun 21 | Dec 20 | Sep 20 | Jun 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
SG&A | - | - | - | - | - | - | - | - | - | $41.63M | $36.24M | $48.29M | $39.33M | $57.98M | $58.76M | $53.71M | $80.24M | $132.87M | $79.87M | $77.18M | $71.55M | $70.67M | $64.84M | $65.83M | $44.15M |
Avg Forecast | $296.19B | $269.66B | $230.50B | $204.30B | $135.04B | $120.62B | $100.04B | $87.73B | $58.59B | $46.12B | $32.45B | $19.55B | $16.30B | $11.81B | $18.58B | $15.96B | $39.80B | $28.12B | $20.53B | $139.38M | $2.79B | $20.65M | $12.39M | $12.39M | $18.58M |
High Forecast | $389.35B | $354.47B | $303.00B | $268.55B | $177.51B | $158.56B | $131.50B | $116.73B | $75.65B | $46.83B | $42.65B | $19.55B | $17.65B | $18.25B | $24.42B | $20.98B | $52.31B | $28.12B | $20.53B | $139.38M | $2.79B | $20.65M | $12.39M | $12.39M | $18.58M |
Low Forecast | $212.18B | $193.18B | $165.12B | $146.35B | $96.74B | $86.41B | $71.66B | $60.64B | $44.12B | $45.40B | $23.24B | $19.55B | $14.93B | $786.57M | $13.31B | $11.44B | $28.51B | $28.12B | $20.53B | $139.38M | $2.79B | $20.65M | $12.39M | $12.39M | $18.58M |
Surprise % | - | - | - | - | - | - | - | - | - | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.55% | 0.03% | 3.42% | 5.23% | 5.31% | 2.38% |
Nikola EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Jun 21 | Dec 20 | Sep 20 | Jun 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
EPS | - | - | - | - | - | - | - | - | - | $-0.00 | $-0.00 | $-0.00 | $-0.00 | $-0.50 | $-0.00 | $-0.31 | $-0.43 | $-0.53 | $-0.40 | $-0.37 | $-0.39 | $-0.36 | $-0.38 | $-0.31 | $-0.33 |
Avg Forecast | $-1.04 | $-1.22 | $-1.45 | $-1.44 | $-1.71 | $-1.85 | $-2.07 | $-2.17 | $-2.20 | $-2.24 | $-2.78 | $-2.94 | $-3.95 | $-4.16 | $-6.60 | $-7.92 | $-12.96 | $-10.93 | $-7.96 | $-7.45 | $-9.52 | $-9.03 | $-7.07 | $-5.85 | $-3.99 |
High Forecast | $-0.66 | $-0.77 | $-0.92 | $-0.91 | $-1.08 | $-1.17 | $-1.31 | $-1.80 | $-2.04 | $-1.41 | $-1.76 | $-1.86 | $-3.46 | $-3.05 | $-4.17 | $-5.00 | $-8.18 | $-10.93 | $-7.96 | $-7.45 | $-9.52 | $-9.03 | $-7.07 | $-5.85 | $-3.99 |
Low Forecast | $-1.47 | $-1.71 | $-2.05 | $-2.03 | $-2.41 | $-2.61 | $-2.91 | $-2.53 | $-2.38 | $-3.15 | $-3.92 | $-4.14 | $-4.20 | $-5.27 | $-9.30 | $-11.16 | $-18.26 | $-10.93 | $-7.96 | $-7.45 | $-9.52 | $-9.03 | $-7.07 | $-5.85 | $-3.99 |
Surprise % | - | - | - | - | - | - | - | - | - | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.00% | 0.04% | 0.03% | 0.05% | 0.05% | 0.05% | 0.04% | 0.04% | 0.05% | 0.05% | 0.08% |
Nikola Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
LEV | Lion Electric Company | $0.61 | $1.80 | 195.08% | Hold |
NKLA | Nikola | $3.76 | $9.57 | 154.52% | Buy |
HYFM | Hydrofarm Group | $0.61 | $1.50 | 145.90% | Hold |
XOS | Xos | $4.39 | $9.13 | 107.97% | Hold |
CNHI | CNH Industrial NV | $11.45 | $17.00 | 48.47% | Buy |
AGCO | AGCO | $99.39 | $137.79 | 38.64% | Hold |
WNC | Wabash National | $17.45 | $23.25 | 33.24% | Hold |
DE | Deere & Company | $400.42 | $424.70 | 6.06% | Buy |
PCAR | PACCAR | $103.35 | $92.03 | -10.95% | Hold |
CAT | Caterpillar | $379.63 | $286.23 | -24.60% | Buy |
NKLA Forecast FAQ
Is Nikola a good buy?
Yes, according to 9 Wall Street analysts, Nikola (NKLA) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 5 'Buy' recommendations, accounting for 66.67% of NKLA's total ratings.
What is NKLA's price target?
Nikola (NKLA) average price target is $9.57 with a range of $1 to $14, implying a 154.52% from its last price of $3.76. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Nikola stock go up soon?
According to Wall Street analysts' prediction for NKLA stock, the company can go up by 154.52% (from the last price of $3.76 to the average price target of $9.57), up by 272.34% based on the highest stock price target, and down by -73.40% based on the lowest stock price target.
Can Nikola stock reach $6?
NKLA's average twelve months analyst stock price target of $9.57 supports the claim that Nikola can reach $6 in the near future.
What are Nikola's analysts' financial forecasts?
Nikola's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $357.91M (high $471.62M, low $254.62M), average EBITDA is $-358M (high $-255M, low $-472M), average net income is $-400B (high $-275B, low $-537B), average SG&A $443.42B (high $584.29B, low $315.45B), and average EPS is $-7.792 (high $-5.357, low $-10.454). NKLA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $807.69M (high $1.06B, low $578.61M), average EBITDA is $-808M (high $-579M, low $-1.062B), average net income is $-265B (high $-167B, low $-373B), average SG&A $1T (high $1.32T, low $716.84B), and average EPS is $-5.148 (high $-3.25, low $-7.253).
Did the NKLA's actual financial results beat the analysts' financial forecasts?
Based on Nikola's last annual report (Dec 2023), the company's revenue was $35.84M, which missed the average analysts forecast of $50.57M by -29.13%. Apple's EBITDA was $-650M, beating the average prediction of $-50.569M by 1185.03%. The company's net income was $-966M, missing the average estimation of $-756B by -99.87%. Apple's SG&A was $198.77M, missing the average forecast of $62.65B by -99.68%. Lastly, the company's EPS was $-0.0012, missing the average prediction of $-22.632 by -99.99%. In terms of the last quarterly report (Sep 2024), Nikola's revenue was $25.18M, missing the average analysts' forecast of $37.23M by -32.35%. The company's EBITDA was $-179M, beating the average prediction of $-37.225M by 380.30%. Nikola's net income was $-200M, missing the average estimation of $-115B by -99.83%. The company's SG&A was $41.63M, missing the average forecast of $46.12B by -99.91%. Lastly, the company's EPS was $-0.0039, missing the average prediction of $-2.237 by -99.83%