Nikola Corp. (NKLA): Price and Financial Metrics
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NKLA POWR Grades
- Growth is the dimension where NKLA ranks best; there it ranks ahead of 59.23% of US stocks.
- NKLA's strongest trending metric is Stability; it's been moving up over the last 178 days.
- NKLA's current lowest rank is in the Quality metric (where it is better than 0.23% of US stocks).
NKLA Stock Summary
- NKLA's price/sales ratio is 18.54; that's higher than the P/S ratio of 94.16% of US stocks.
- With a year-over-year growth in debt of 1,295.13%, NIKOLA CORP's debt growth rate surpasses 98.42% of about US stocks.
- Revenue growth over the past 12 months for NIKOLA CORP comes in at 2,593.43%, a number that bests 99.69% of the US stocks we're tracking.
- Stocks that are quantitatively similar to NKLA, based on their financial statements, market capitalization, and price volatility, are RKLB, IONQ, SEER, AI, and PL.
- Visit NKLA's SEC page to see the company's official filings. To visit the company's web site, go to nikolamotor.com.
NKLA Valuation Summary
- NKLA's EV/EBIT ratio is -1.3; this is 109.85% lower than that of the median Consumer Cyclical stock.
- NKLA's price/sales ratio has moved down 489.5 over the prior 58 months.
Below are key valuation metrics over time for NKLA.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| NKLA | 2023-03-16 | 19.1 | 1.8 | -1.2 | -1.3 |
| NKLA | 2023-03-15 | 17.9 | 1.7 | -1.2 | -1.3 |
| NKLA | 2023-03-14 | 18.2 | 1.8 | -1.2 | -1.3 |
| NKLA | 2023-03-13 | 19.4 | 1.9 | -1.3 | -1.4 |
| NKLA | 2023-03-10 | 18.1 | 1.7 | -1.2 | -1.3 |
| NKLA | 2023-03-09 | 19.6 | 1.9 | -1.3 | -1.4 |
NKLA's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- NKLA has a Quality Grade of D, ranking ahead of 7.4% of graded US stocks.
- NKLA's asset turnover comes in at 0 -- ranking 61st of 68 Automobiles and Trucks stocks.
- ALSN, MTOR, and TEX are the stocks whose asset turnover ratios are most correlated with NKLA.
The table below shows NKLA's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-09-30 | 0 | NA | -5.009 |
| 2021-06-30 | 0 | NA | -3.720 |
| 2021-03-31 | 0 | 0.167 | -3.891 |
| 2020-12-31 | 0 | 0.242 | -3.638 |
| 2020-12-31 | 0 | 0.242 | -3.770 |
| 2020-12-31 | 0 | 0.242 | -3.770 |
NKLA Price Target
For more insight on analysts targets of NKLA, see our NKLA price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $15.38 | Average Broker Recommendation | 1.8 (Moderate Buy) |
NKLA Stock Price Chart Interactive Chart >
NKLA Price/Volume Stats
| Current price | $1.56 | 52-week high | $11.87 |
| Prev. close | $1.70 | 52-week low | $1.50 |
| Day low | $1.50 | Volume | 18,398,946 |
| Day high | $1.68 | Avg. volume | 13,122,978 |
| 50-day MA | $2.32 | Dividend yield | N/A |
| 200-day MA | $3.88 | Market Cap | 864.80M |
Nikola Corp. (NKLA) Company Bio
Nikola Corporation operates as an integrated zero emissions transportation systems provider. It designs and manufactures battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure. The company was founded in 2015 and is headquartered in Phoenix, Arizona.
Latest NKLA News From Around the Web
Below are the latest news stories about NIKOLA CORP that investors may wish to consider to help them evaluate NKLA as an investment opportunity.
Nikola to move battery production to Arizona ahead of scheduleMARKET PULSE Nikola Corp. (NKLA) said late Thursday it is moving its battery manufacturing from Cypress, Calif., to its Coolidge, Ariz., plant, with the move expected to be completed by April and “months ahead of the original schedule. |
NIKOLA TO COMPLETE BATTERY MANUFACTURING MOVE FROM CYPRESS, CALIF. TO COOLIDGE, ARIZ. BY APRIL 2023Nikola Corporation (Nasdaq: NKLA), a global leader in zero emission transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced that the move to transition battery manufacturing from Cypress, Calif. to its Coolidge, Ariz. manufacturing facility is expected to be complete by April 2023, months ahead of the original schedule. |
Nikola (NKLA) Dips More Than Broader Markets: What You Should KnowNikola (NKLA) closed the most recent trading day at $1.64, moving -1.8% from the previous trading session. |
Why Nikola Shares Jumped TodayShares of Nikola (NASDAQ: NKLA) shot up as much as 10% on a turbulent day in the stock market. Many investors are seeking safety today, but the start-up maker of electric trucks certainly doesn't fit into that category. Nikola stock, in fact, has dropped more than 75% over the last year. |
Nikola Picks Up a New Rating From Wall Street. The Stock is Rising.Morgan Stanley analyst Dillon Cumming initiated coverage of the battery and fuel-cell truck maker'sstock with a Hold rating and a $3 price target. |
NKLA Price Returns
| 1-mo | -37.85% |
| 3-mo | -30.97% |
| 6-mo | -64.38% |
| 1-year | -82.41% |
| 3-year | -85.35% |
| 5-year | N/A |
| YTD | -27.78% |
| 2022 | -78.12% |
| 2021 | -35.32% |
| 2020 | 47.87% |
| 2019 | 6.39% |
| 2018 | N/A |
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