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 | $1.75 | 890.46% |
| 2022-01-26 | 9 | $25 | $11 | $17 | $1.75 | 871.43% |
| 2022-02-22 | 8 | $25 | $11 | $17 | $1.75 | 871.43% |
| 2022-02-28 | 8 | $24 | $10 | $15.5 | $1.75 | 785.71% |
| 2022-03-01 | 8 | $24 | $8 | $14 | $1.75 | 700% |
| 2022-03-24 | 9 | $24 | $8 | $14 | $1.75 | 700% |
| 2022-03-28 | 8 | $18 | $8 | $12.571 | $1.75 | 618.34% |
| 2022-05-09 | 7 | $18 | $8 | $12.571 | $1.75 | 618.34% |
| 2022-05-10 | 7 | $15 | $8 | $10.833 | $1.75 | 519.03% |
| 2022-08-05 | 7 | $15 | $7 | $9.75 | $1.75 | 457.14% |
| 2022-08-08 | 7 | $12.5 | $8 | $9.75 | $1.75 | 457.14% |
| 2022-09-14 | 7 | $12.5 | $8 | $10.25 | $1.75 | 485.71% |
| 2022-11-04 | 6 | $12.5 | $6 | $9.3 | $1.75 | 431.43% |
| 2022-11-08 | 6 | $12 | $3 | $7.2 | $1.75 | 311.43% |
| 2023-01-17 | 6 | $10 | $3 | $5.8 | $1.75 | 231.43% |
| 2023-02-27 | 6 | $5 | $3 | $4.4 | $1.75 | 151.43% |
| 2023-03-02 | 7 | $5 | $3 | $4 | $1.75 | 128.57% |
| 2023-03-13 | 7 | $5 | $3 | $3.833 | $1.75 | 119.03% |
The Trend in the Analyst Price Target
Over the past 25 months, NKLA's average price target has gone down $24.5.
Over the past 51 weeks, NKLA's average upside potential has been 94.48%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-03-28 | 8 | 18.0 | 8 | 12.571 | 10.40 | 20.87% |
| 2022-03-28 | 7 | 18.0 | 8 | 12.571 | 10.40 | 20.87% |
| 2022-07-20 | 7 | 15.0 | 7 | 9.750 | 5.89 | 65.53% |
| 2022-09-14 | 7 | 12.5 | 8 | 10.250 | 5.37 | 90.88% |
| 2023-02-27 | 6 | 6.0 | 3 | 4.800 | 2.22 | 116.22% |
NKLA Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.43 | 2 | 0 | 5 | 0 | 0 | 7 |
The Trend in the Broker Recommendations
Over the past 20 months, NKLA's average broker recommendation rating improved by 0.13.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for NKLA as an investment opportunity.
- To contextualize these metrics, consider that out of all US stocks, NIKOLA CORP's upside potential (average analyst target price relative to current price) is greater than 2258.35% of them.
- In terms of how NIKOLA CORP fares relative to stocks in the large market cap category, note that its average analyst price target is higher than 111.51% of that group.
- NKLA has a higher number of analysts covering the stock than 387.79% of stocks in the large market cap category.
- NKLA has a lower variance in analysts' estimates than -1798.81% of stocks in the large market cap category.
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 RACE, STLA, and HMC.
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