NKLA

Nikola Corporation [NKLA] Stock Forecast

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RSI : 000

NKLA Stock Summary

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In the News

09:00 11 Dec 2023 NKLA

Why Nikola Stock Crashed After a Stock Sale Announcement

Nikola will receive an estimated $300 million in the combination equity sale and convertible debt offering.

12:01 11 Dec 2023 NKLA

Why Nikola Stock Plunged More Than 25% This Week

Nikola is facing a cash crunch and raising $300 million through a stock and bond sale. The company reported negative revenue and a big loss last quarter.

10:53 11 Dec 2023 NKLA

I predicted the Nikola (NKLA) stock price crash: here's what I expect

Nikola Corp (NASDAQ: NKLA) stock price collapse continued its remarkable collapse on Thursday after the company raised more cash, as I had predicted. The shares tumbled by over 20% and reached its lowest point since June.

10:32 11 Dec 2023 NKLA

Is Trending Stock Nikola Corporation (NKLA) a Buy Now?

Zacks.com users have recently been watching Nikola (NKLA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

09:46 11 Dec 2023 NKLA

NKLA Stock: Nikola Plunges 20% on Share Offering News

Nikola (NASDAQ: NKLA ) stock is trending on social media and tumbling over 20%. The automaker, which makes both battery-electric and hydrogen-powered trucks, disclosed that it would offer a combined $300 million of NKLA stock and convertible notes.

05:16 11 Dec 2023 NKLA

Nikola's stock drops 16% after EV company announces equity raise, convertible debt raise

Shares of Nikola Corp. NKLA, +1.28% fell more than 16% in the extended session Wednesday after the EV company said it plans to raise $100 million of stock and $200 million in convertible notes due 2026 in two separate public offerings. Nikola said it plans to grant underwriters of the stock offering an option to buy up to an additional $15 million, and grant the underwriters of the notes offering an option to buy an additional $30 million.

04:17 11 Dec 2023 NKLA

3 Doomed Penny Stocks to Dump in December

In the volatile investment landscape, the notion of penny stocks can concern even the most seasoned investors. These stocks, recognized for their questionable reputation, pair high risks with the potential for significant returns.

04:17 11 Dec 2023 NKLA

3 EV Stocks With Plenty of Room to Ride Higher in the Next 5 Years

Despite being a hot investment trend, the electric vehicle (EV) sector faced challenges in 2023 with softened global demand. While the long-term outlook remains positive, caution is advised as not all EV companies will survive given the competitive and capital-intensive nature of the industry.

10:58 11 Dec 2023 NKLA

3 Beaten Down EV Stocks to Sell in December

The Electric Vehicle industry is nothing like it was in 2022. This year has been difficult and many EV makers are glad that it is coming to an end.

06:23 11 Dec 2023 NKLA

If This Market Rally Continues, Start Loading Up on These 3 Penny Stocks

While we're not in a bull market, certain value penny stocks show potential for 5x or 10x returns in the next five years, assuming forecasted business catalysts unfold. If we're focusing on promising early-stage businesses, the long-term outlook is optimistic.

NKLA Financial details

Company Rating
Neutral
Market Cap
704.02M
Income
-1.02B
Revenue
31.31M
Book val./share
0.7
Cash/share
0.42
Dividend
-
Dividend %
-
Employees
1.5K
Optionable
No
Shortable
Yes
Earnings
21 Feb 2024
P/E
-0.6
Forward P/E
-1.32
PEG
0.61
P/S
22.49
P/B
1.01
P/C
1.64
P/FCF
-1.03
Quick Ratio
1.27
Current Ratio
1.61
Debt / Equity
0.46
LT Debt / Equity
0.39
-
-
EPS (TTM)
-1.55
EPS next Y
-0.52
EPS next Q
-0.13
EPS this Y
0.58%
EPS next Y
-66.67%
EPS next 5Y
-70.61%
EPS last 5Y
57.24%
Revenue last 5Y
211.61%
Revenue Q/Q
-111.27%
EPS Q/Q
61.29%
-
-
-
-
SMA20
-
SMA50
-
SMA100
-50%
Inst Own
21.4%
Inst Trans
0.63%
ROA
-89%
ROE
-186%
ROC
-0.87%
Gross Margin
-740%
Oper. Margin
-2367%
Profit Margin
-3257%
Payout
-
Shs Outstand
985.2M
Shs Float
884.75M
-
-
-
-
Target Price
10
52W Range
0.521-3.71
52W High
-
52W Low
-
RSI
28
Rel Volume
1.92
Avg Volume
68.64M
Volume
131.85M
Perf Week
-32.48%
Perf Month
-33.78%
Perf Quarter
-50.09%
Perf Half Y
-2.31%
-
-
-
-
Beta
1.852
-
-
Volatility
0.14%, 0.12%
Prev Close
-3.62%
Price
0.6887
Change
-9%

NKLA Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
00000.12
Net income per share
-0.18-0.25-1.14-1.72-1.73
Operating cash flow per share
-0.15-0.22-0.45-0.77-1.31
Free cash flow per share
-0.18-0.33-0.52-1.22-1.69
Cash per share
00.242.511.250.53
Book value per share
0.650.542.941.741.19
Tangible book value per share
0.650.352.781.480.97
Share holders equity per share
0.650.542.941.741.19
Interest debt per share
00.010.050.070.83
Market cap
3.5B3.72B5.12B3.93B954.29M
Enterprise value
3.5B3.64B4.29B3.46B1.1B
P/E ratio
-54.45-42.01-13.34-5.73-1.25
Price to sales ratio
20.24K7.73K53.86K41.42K18.78
POCF ratio
-64.81-46.19-33.99-12.81-1.65
PFCF ratio
-52.58-31.06-29.6-8.09-1.28
P/B Ratio
14.8619.055.185.671.81
PTB ratio
14.8619.055.185.671.81
EV to sales
20.23K7.56K45.2K36.47K21.72
Enterprise value over EBITDA
-47.7-44.25-12.39-5.09-1.51
EV to operating cash flow
-64.78-45.19-28.53-11.28-1.91
EV to free cash flow
-52.56-30.38-24.84-7.12-1.48
Earnings yield
-0.02-0.02-0.07-0.17-0.8
Free cash flow yield
-0.02-0.03-0.03-0.12-0.78
Debt to equity
00.020.020.040.73
Debt to assets
00.020.020.030.31
Net debt to EBITDA
0.020.982.370.69-0.21
Current ratio
2.035.517.162.911.14
Interest coverage
000-1.44K42.2
Income quality
0.840.910.390.440.74
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
2.331.89000
Research and developement to revenue
337.42140.071.95K3.08K5.39
Intangibles to total assets
00.30.050.10.08
Capex to operating cash flow
0.230.490.150.580.3
Capex to revenue
-72.6-81.54-234.99-1.89K-3.36
Capex to depreciation
-20.1-16.92-3.72-21.78-7.33
Stock based compensation to revenue
22.2110.081.45K2.17K5.03
Graham number
1.621.738.718.216.81
ROIC
-0.29-0.44-0.36-0.96-0.8
Return on tangible assets
-0.27-0.55-0.38-0.77-0.67
Graham Net
00.152.310.52-0.89
Working capital
594.27K74.34M844.64M344.12M53.34M
Tangible asset value
235.59M127.76M932.19M591.15M426.7M
Net current asset value
216.49K56.96M830.68M228.48M-273.25M
Invested capital
00.020.020.040.73
Average receivables
0329K329K1.36M17.31M
Average payables
02.56M17.24M58.17M102.45M
Average inventory
0936K936K5.8M67.4M
Days sales outstanding
0498.28010.44K229.09
Days payables outstanding
10.666.89K148.86K440.95K276.63
Days of inventory on hand
02.52K058.79K289.02
Receivables turnover
00.7300.031.59
Payables turnover
34.250.05001.32
Inventory turnover
00.1400.011.26
ROE
-0.27-0.45-0.39-0.99-1.45
Capex per share
-0.03-0.11-0.07-0.45-0.39

Quarterly Fundamentals Overview

Last date of statement is 2023-09-30 for Q3

Metric History 2022-09-302022-12-312023-03-312023-06-30 2023-09-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.060.010.020.020
Net income per share
-0.53-0.43-0.31-0.31-0.5
Operating cash flow per share
-0.36-0.3-0.33-0.15-0.11
Free cash flow per share
-0.48-0.41-0.42-0.2-0.13
Cash per share
0.720.480.220.320.42
Book value per share
1.291.080.990.740.7
Tangible book value per share
1.060.880.810.60.6
Share holders equity per share
1.291.080.990.740.7
Interest debt per share
0.710.770.650.530.26
Market cap
1.54B1.05B665.12M978M1.35B
Enterprise value
1.53B1.2B889.7M1.12B1.26B
P/E ratio
-1.65-1.27-0.98-1.12-0.79
Price to sales ratio
63.66160.4659.8363.66-777.04
POCF ratio
-9.79-7.25-3.7-9.12-14.75
PFCF ratio
-7.39-5.33-2.86-6.86-12.02
P/B Ratio
2.7421.221.872.23
PTB ratio
2.7421.221.872.23
EV to sales
63.14183.2580.0372.79-727.22
Enterprise value over EBITDA
-6.95-6.14-6.18-6.6-5.57
EV to operating cash flow
-9.71-8.28-4.94-10.43-13.8
EV to free cash flow
-7.33-6.09-3.83-7.84-11.25
Earnings yield
-0.15-0.2-0.25-0.22-0.32
Free cash flow yield
-0.14-0.19-0.35-0.15-0.08
Debt to equity
0.540.730.630.70.46
Debt to assets
0.260.310.30.320.24
Net debt to EBITDA
0.06-0.76-1.56-0.830.38
Current ratio
1.751.141.21.751.61
Interest coverage
-29.727.97-15.31-19.274.29
Income quality
0.670.651.060.920.21
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0003.830
Research and developement to revenue
2.7510.585.84.2-24.23
Intangibles to total assets
0.090.080.090.080.08
Capex to operating cash flow
0.320.360.290.330.23
Capex to revenue
-2.11-7.97-4.7-2.3111.95
Capex to depreciation
-7.52-7.66-7.41-7.52-1.22
Stock based compensation to revenue
4.246.732.211.67-10.77
Graham number
3.933.222.622.262.8
ROIC
-0.25-0.21-0.17-0.31-0.26
Return on tangible assets
-0.22-0.18-0.16-0.21-0.4
Graham Net
-0.44-0.8-0.74-0.47-0.17
Working capital
209.35M53.34M54.24M173.78M177.58M
Tangible asset value
465.18M426.7M447.26M427.91M510.62M
Net current asset value
-108.48M-273.25M-281.71M-207.87M-74M
Invested capital
0.540.730.630.70.46
Average receivables
44.01M45.69M29.74M23.79M15.35M
Average payables
90M105.21M97.97M61.89M47.29M
Average inventory
66.59M102.13M123.41M105.13M71.8M
Days sales outstanding
220.82437.45223.28117.16-556.37
Days payables outstanding
153.02202.81159.4995.8135.49
Days of inventory on hand
134.1211.9252.72181.3641.42
Receivables turnover
0.410.210.40.77-0.16
Payables turnover
0.590.440.560.942.54
Inventory turnover
0.670.420.360.52.17
ROE
-0.42-0.39-0.31-0.42-0.7
Capex per share
-0.12-0.11-0.1-0.05-0.02

NKLA Frequently Asked Questions

What is Nikola Corporation stock symbol ?

Nikola Corporation is a US stock , located in Phoenix of Az and trading under the symbol NKLA

Is Nikola Corporation buy or a sell ?

4 stock analysts have 4 predictions with a medium analyst target price of $10. The lowest prediction is $8 and the highest is $12

What is NKLA stock prediction ?

What is Nikola Corporation stock quote today ?

Nikola Corporation stock price is $0.6887 today.

Is Nikola Corporation stock public?

Yes, Nikola Corporation is a publicly traded company.

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