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Nikola (NKLA) Stock Forecast, Price Target & Predictions

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NKLA Stock Forecast

Nikola (NKLA) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $177.67, with a high of $356.40 and a low of $12.00. This represents a 98605.56% increase from the last price of $0.18.

- $80 $160 $240 $320 $400 High: $356.4 Avg: $177.67 Low: $12 Last Closed Price: $0.18

NKLA Stock Rating

Nikola stock's rating consensus is Hold, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (36.36%), 7 Hold (63.64%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 11 0 7 4 Strong Sell Sell Hold Buy Strong Buy

NKLA Price Target Upside V Benchmarks

TypeNameUpside
StockNikola98605.56%
SectorIndustrials Stocks List128.93%
IndustryAgricultural - Machinery Stocks List98605.56%
IdeaElectric Vehicle Stocks List31.45%
IdeaEV Car Stocks List47.08%

Price Target Trends

1M3M12M
# Anlaysts--4
Avg Price Target--$21.35
Last Closing Price$0.18$0.18$0.18
Upside/Downside--11761.11%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Mar, 25-12--3
Feb, 25-16--7
Jan, 25-16--7
Dec, 24-26--8
Nov, 24126--9
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2024Michael ShliskyD.A. Davidson$12.00$7.3363.71%6566.67%
Jul 03, 2024Ben KalloRobert W. Baird$14.00$8.0474.13%7677.78%
Jun 12, 2024Michael ShliskyD.A. Davidson$29.70$14.9798.40%16400.00%
May 16, 2024Thomas MordelleBryan Garnier & Co Ltd$29.70$16.6078.92%16400.00%
Sep 14, 2022Gregory LewisBTIG$356.40$149.40138.55%197900.00%
Aug 24, 2022Emmanuel RosnerDeutsche Bank$237.60$173.1037.26%131900.00%
Jun 28, 2022Chris McNallyEvercore ISI$297.00$157.2088.93%164900.00%
May 10, 2022Daniel IvesWedbush$297.00$164.7080.33%164900.00%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
May 08, 2024Cowen & Co.HoldHoldhold
Apr 09, 2024Wolfe ResearchPeer Performinitialise
Sep 14, 2022B. RileyBuyinitialise
Aug 24, 2022Deutsche BankHoldHoldhold
May 10, 2022WedbushNeutralNeutralhold
Feb 25, 2022Deutsche BankHoldHoldhold
May 28, 2021BTIGBuyinitialise
Apr 04, 2021Vertical ResearchBuyinitialise
Feb 08, 2021WedbushNeutralupgrade
Nov 23, 2020Loop Capital MarketsOverweightinitialise

Financial Forecast

EPS Forecast

$-45 $-35 $-25 $-15 $-5 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-1.14$-1.72$-1.73$-1.21----
Avg Forecast$-19.88$-27.73$-38.04$-25.73$-11.51$-7.77$-5.83$1.50
High Forecast$-17.34$-24.19$-31.84$-24.59$-9.57$-6.46$-4.56$1.71
Low Forecast$-22.67$-31.63$-43.27$-26.59$-13.08$-8.83$-8.15$1.25
Surprise %-94.27%-93.80%-95.45%-95.30%----

Revenue Forecast

$0 $190M $380M $570M $760M $950M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$95.00K$95.00K$50.83M$35.84M----
Avg Forecast$49.14K$2.33M$75.94M$38.32M$110.91M$297.43M$613.78M$832.20M
High Forecast$54.45K$2.58M$83.97M$39.48M$122.61M$328.80M$678.52M$919.98M
Low Forecast$44.32K$2.10M$66.42M$37.16M$96.52M$258.84M$534.14M$724.22M
Surprise %93.31%-95.92%-33.07%-6.47%----

Net Income Forecast

$-2B $-1B $-700M $-300M $100M $500M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-383.68M$-686.86M$-763.57M$-966.28M----
Avg Forecast$-530.08M$-651.27M$-664.40M$-864.62M$-302.02M$-203.81M$-169.40M$39.37M
High Forecast$-462.41M$-521.01M$-531.52M$-691.70M$-255.10M$-172.15M$-121.57M$45.49M
Low Forecast$-604.49M$-781.52M$-797.27M$-1.04B$-348.94M$-235.47M$-217.22M$33.25M
Surprise %-27.62%5.46%14.93%11.76%----

NKLA Forecast FAQ

Is Nikola stock a buy?

Nikola stock has a consensus rating of Hold, based on 11 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 7 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Nikola is a neutral investment for most analysts.

What is Nikola's price target?

Nikola's price target, set by 11 Wall Street analysts, averages $177.67 over the next 12 months. The price target range spans from $12 at the low end to $356.4 at the high end, suggesting a potential 98605.56% change from the previous closing price of $0.18.

How does Nikola stock forecast compare to its benchmarks?

Nikola's stock forecast shows a 98605.56% upside, outperforming the average forecast for the industrials stocks list sector (128.93%) and underperforming the agricultural - machinery stocks list industry (98605.56%), leading the electric vehicle stocks list (31.45%) and ev car stocks list (47.08%) investment ideas.

What is the breakdown of analyst ratings for Nikola over the past three months?

  • March 2025: 0% Strong Buy, 33.33% Buy, 66.67% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 0% Strong Buy, 14.29% Buy, 85.71% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 0% Strong Buy, 14.29% Buy, 85.71% Hold, 0% Sell, 0% Strong Sell.

What is Nikola’s EPS forecast?

Nikola's average annual EPS forecast for its fiscal year ending in December 2024 is $-11.51, marking a 851.24% increase from the reported $-1.21 in 2023. Estimates for the following years are $-7.77 in 2025, $-5.83 in 2026, and $1.5 in 2027.

What is Nikola’s revenue forecast?

Nikola's average annual revenue forecast for its fiscal year ending in December 2024 is $110.91M, reflecting a 209.48% increase from the reported $35.84M in 2023. The forecast for 2025 is $297.43M, followed by $613.78M for 2026, and $832.2M for 2027.

What is Nikola’s net income forecast?

Nikola's net income forecast for the fiscal year ending in December 2024 stands at $-302M, representing a -68.74% decrease from the reported $-966M in 2023. Projections indicate $-204M in 2025, $-169M in 2026, and $39.37M in 2027.