Nikola Corp. (NKLA) Social Stream
NIKOLA CORP (NKLA) Price Targets From Analysts
Use the tables below to see what analysts covering NIKOLA CORP think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-08 | 10 | $25 | $11 | $17.333 | $0.74 | 2242.3% |
| 2022-01-26 | 9 | $25 | $11 | $17 | $0.74 | 2197.3% |
| 2022-02-22 | 8 | $25 | $11 | $17 | $0.74 | 2197.3% |
| 2022-02-28 | 8 | $24 | $10 | $15.5 | $0.74 | 1994.59% |
| 2022-03-01 | 8 | $24 | $8 | $14 | $0.74 | 1791.89% |
| 2022-03-24 | 9 | $24 | $8 | $14 | $0.74 | 1791.89% |
| 2022-03-28 | 8 | $18 | $8 | $12.571 | $0.74 | 1598.78% |
| 2022-05-09 | 7 | $18 | $8 | $12.571 | $0.74 | 1598.78% |
| 2022-05-10 | 7 | $15 | $8 | $10.833 | $0.74 | 1363.92% |
| 2022-08-05 | 7 | $15 | $7 | $9.75 | $0.74 | 1217.57% |
| 2022-08-08 | 7 | $12.5 | $8 | $9.75 | $0.74 | 1217.57% |
| 2022-09-14 | 7 | $12.5 | $8 | $10.071 | $0.74 | 1260.95% |
| 2022-11-04 | 6 | $12 | $6 | $8.8 | $0.74 | 1089.19% |
| 2022-11-08 | 6 | $12 | $3 | $7.2 | $0.74 | 872.97% |
| 2023-01-17 | 6 | $10 | $3 | $5.8 | $0.74 | 683.78% |
| 2023-02-27 | 6 | $6 | $3 | $4.8 | $0.74 | 548.65% |
| 2023-03-02 | 7 | $5 | $3 | $4 | $0.74 | 440.54% |
| 2023-03-13 | 7 | $5 | $3 | $3.833 | $0.74 | 417.97% |
| 2023-05-11 | 7 | $5 | $1 | $2.5 | $0.74 | 237.84% |
| 2023-08-09 | 6 | $5 | $1 | $2.8 | $0.74 | 278.38% |
| 2023-10-25 | 6 | $5 | $1 | $2.7 | $0.74 | 264.86% |
| 2023-12-29 | 6 | $5 | $1 | $2.4 | $0.74 | 224.32% |
The Trend in the Analyst Price Target
Over the past 63 days, NKLA's average price target has gone down $0.
NKLA reports an average of 120.76% for its upside potential over the past 49 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-08-25 | 6 | 5 | 1 | 2.7 | 1.310 | 106.11% |
| 2023-09-26 | 6 | 5 | 1 | 2.7 | 1.500 | 80% |
| 2023-10-10 | 6 | 5 | 1 | 2.7 | 1.430 | 88.81% |
| 2023-11-27 | 6 | 5 | 1 | 2.4 | 0.971 | 147.17% |
| 2023-12-12 | 6 | 5 | 1 | 2.4 | 0.718 | 234.26% |
NKLA Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3 | 0 | 0 | 6 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
Over the past 26 months, NKLA's average broker recommendation rating worsened by 0.4.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- NIKOLA CORP's upside potential (average analyst target price relative to current price) is greater than 2787.67% of all US stocks.
- NKLA has a higher average analyst price target than 121.81% of stocks in the large market cap category.
- NKLA has a greater number of analysts covering the stock than 357.9% of stocks in the large market cap category.
- In the context of Industrials stocks, NIKOLA CORP's variance in analysts' estimates is lower than -2335.36% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Automobiles and Trucks industry with the ratings most similar to NIKOLA CORP are LAZR, PII, and NIO.
View All Top Stocks by Price Target
Is NKLA a Buy, Hold or Sell? See the POWR Ratings now!