Nikola Corp. (NKLA): Price and Financial Metrics

Nikola Corp. (NKLA): $1.56

-0.14 (-8.24%)

POWR Rating

Component 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

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 >

Price chart for NKLA

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.

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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 schedule

MARKET 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.

Yahoo | March 16, 2023


Nikola 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.

Yahoo | March 16, 2023

Nikola (NKLA) Dips More Than Broader Markets: What You Should Know

Nikola (NKLA) closed the most recent trading day at $1.64, moving -1.8% from the previous trading session.

Yahoo | March 15, 2023

Why Nikola Shares Jumped Today

Shares 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.

Yahoo | March 13, 2023

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.

Yahoo | March 13, 2023

Read More 'NKLA' Stories Here

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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