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Nikola

NKLANASDAQ
Logo brought to you by Benzinga Data
$5.11
-0.04-0.78%
At Close: -
$5.15
0.040.78%
After Hours: 5:30 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$11.00
Lowest Price Target1
$1.00
Consensus Price Target1
$5.13

Nikola (NASDAQ:NKLA) Stock, Analyst Ratings, Price Targets, Forecasts

Nikola Corp has a consensus price target of $5.13 based on the ratings of 10 analysts. The high is $11 issued by RBC Capital on November 5, 2021. The low is $1 issued by TD Cowen on May 10, 2023. The 3 most-recent analyst ratings were released by DA Davidson on August 12, 2024, June 12, 2024, and March 5, 2024, respectively. With an average price target of $4 between DA Davidson, there's an implied -22.33% downside for Nikola Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Apr
1
Jun
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

DA Davidson
Baird
TD Cowen
Morgan Stanley
Deutsche Bank

1calculated from analyst ratings

Analyst Ratings for Nikola

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Nikola (NKLA) stock?

A

The latest price target for Nikola (NASDAQ:NKLA) was reported by DA Davidson on August 12, 2024. The analyst firm set a price target for $10.00 expecting NKLA to rise to within 12 months (a possible 94.17% upside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Nikola (NKLA)?

A

The latest analyst rating for Nikola (NASDAQ:NKLA) was provided by DA Davidson, and Nikola maintained their neutral rating.

Q

When was the last upgrade for Nikola (NKLA)?

A

The last upgrade for Nikola Corp happened on September 14, 2022 when BTIG raised their price target to $12. BTIG previously had a neutral for Nikola Corp.

Q

When was the last downgrade for Nikola (NKLA)?

A

The last downgrade for Nikola Corp happened on May 10, 2023 when TD Cowen changed their price target from $5 to $1 for Nikola Corp.

Q

When is the next analyst rating going to be posted or updated for Nikola (NKLA)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nikola, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nikola was filed on August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.

Q

Is the Analyst Rating Nikola (NKLA) correct?

A

While ratings are subjective and will change, the latest Nikola (NKLA) rating was a maintained with a price target of $12.00 to $10.00. The current price Nikola (NKLA) is trading at is $5.15, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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