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 | 11 | $35 | $11 | $19.1 | $1.3 | 1369.23% |
| 2022-01-26 | 9 | $25 | $11 | $17 | $1.3 | 1207.69% |
| 2022-02-22 | 8 | $25 | $11 | $17 | $1.3 | 1207.69% |
| 2022-02-28 | 8 | $24 | $10 | $15.5 | $1.3 | 1092.31% |
| 2022-03-01 | 8 | $24 | $8 | $14 | $1.3 | 976.92% |
| 2022-03-24 | 9 | $24 | $8 | $14 | $1.3 | 976.92% |
| 2022-03-28 | 8 | $18 | $8 | $12.571 | $1.3 | 867% |
| 2022-05-09 | 7 | $18 | $8 | $12.571 | $1.3 | 867% |
| 2022-05-10 | 7 | $15 | $8 | $10.833 | $1.3 | 733.31% |
| 2022-08-05 | 7 | $15 | $7 | $9.75 | $1.3 | 650% |
| 2022-08-08 | 7 | $12.5 | $8 | $9.75 | $1.3 | 650% |
| 2022-09-14 | 7 | $12.5 | $8 | $10.071 | $1.3 | 674.69% |
| 2022-11-04 | 6 | $12.5 | $6 | $9.3 | $1.3 | 615.38% |
| 2022-11-08 | 6 | $12 | $3 | $7.2 | $1.3 | 453.85% |
| 2023-01-17 | 6 | $10 | $3 | $5.8 | $1.3 | 346.15% |
| 2023-02-27 | 6 | $6 | $3 | $4.8 | $1.3 | 269.23% |
| 2023-03-02 | 6 | $5 | $3 | $4 | $1.3 | 207.69% |
| 2023-03-13 | 7 | $5 | $3 | $3.833 | $1.3 | 194.85% |
| 2023-05-11 | 7 | $5 | $1 | $2.5 | $1.3 | 92.31% |
| 2023-08-01 | 6 | $5 | $1 | $2.4 | $1.3 | 84.62% |
| 2023-08-09 | 6 | $5 | $1 | $2.8 | $1.3 | 115.38% |
| 2023-09-20 | 6 | $5 | $1 | $2.7 | $1.3 | 107.69% |
The Trend in the Analyst Price Target
Over the past 14 months, NKLA's average price target has gone down $7.05.
Over the past 46 weeks, NKLA's average upside potential has been 101.17%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-11-04 | 6 | 12 | 6 | 8.8 | 2.96 | 197.3% |
| 2023-05-11 | 7 | 5 | 1 | 2.5 | 0.83 | 201.2% |
| 2023-05-11 | 7 | 5 | 1 | 2.4 | 0.83 | 189.16% |
| 2023-08-01 | 6 | 5 | 1 | 2.4 | 3.12 | -23.08% |
| 2023-08-04 | 6 | 5 | 1 | 2.8 | 2.50 | 12% |
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
NKLA's average broker recommendation rating worsened by 0.29 over the prior 16 months.
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.
- NKLA has a higher upside potential (average analyst target price relative to current price) than 2638.42% of all US stocks.
- In the context of stocks in the large market cap category, NIKOLA CORP's average analyst price target is greater than 118.85% of them.
- To contextualize these metrics, consider that out of stocks in the large market cap category, NIKOLA CORP's number of analysts covering the stock is higher than 382.61% of them.
- In the context of Industrials stocks, NIKOLA CORP's variance in analysts' estimates is lower than -2340.65% of them.
In the Automobiles and Trucks industry, LAZR, PII, and NIO are the three stocks most similar to NIKOLA CORP regarding the price target and analyst recommendation information presented here.
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