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

The latest price target for Nikola (NASDAQ: NKLA) was reported by Wolfe Research on April 9, 2024. The analyst firm set a price target for $0.00 expecting NKLA to fall to within 12 months (a possible -100.00% downside). 4 analyst firms have reported ratings in the last year.

The latest analyst rating for Nikola (NASDAQ: NKLA) was provided by Wolfe Research, and Nikola initiated their peer perform rating.

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.

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.

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 April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.

While ratings are subjective and will change, the latest Nikola (NKLA) rating was a initiated with a price target of $0.00 to $0.00. The current price Nikola (NKLA) is trading at is $0.55, which is out of the analyst’s predicted range.