$8.04
0.648.65%
At Close: -
$7.96
-0.08-1.00%
After Hours: 7:50 PM EDT
15 minutes delayed
Nikola
NKLANASDAQ
Nikola (NASDAQ:NKLA) Stock, Analyst Ratings, Price Targets, Predictions
Nikola Corp has a consensus price target of $3.2, established from looking at the 19 latest analyst ratings. The last 3 analyst ratings were released from DA Davidson, DA Davidson, and Baird on June 12, 2024, March 5, 2024, and January 24, 2024. With an average price target of $1.33 between DA Davidson, DA Davidson, and Baird, there's an implied -83.25% downside for Nikola Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
DA Davidson
Wolfe Research
Baird
TD Cowen
BTIG
1calculated from analyst ratings
Analyst Ratings for Nikola
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/12/2024 | Buy Now | -87.44% | DA Davidson | Michael Shlisky | $30 → $30 | Maintains | Neutral | Get Alert |
| 04/09/2024 | Buy Now | — | Wolfe Research | Scott Group | — | Initiates | → Peer Perform | Get Alert |
| 03/05/2024 | Buy Now | -87.44% | DA Davidson | Michael Shlisky | → $30 | Reiterates | Neutral → Neutral | Get Alert |
| 01/24/2024 | Buy Now | -74.87% | Baird | Ben Kallo | → $60 | Initiates | → Outperform | Get Alert |
| 07/31/2023 | Buy Now | -62.31% | DA Davidson | Michael Shlisky | $30 → $90 | Maintains | Neutral | Get Alert |
| 05/10/2023 | Buy Now | -87.44% | TD Cowen | Jeffrey Osborne | $150 → $30 | Downgrade | Outperform → Market Perform | Get Alert |
| 03/31/2023 | Buy Now | — | BTIG | Gregory Lewis | — | Downgrade | Buy → Neutral | Get Alert |
| 03/14/2023 | Buy Now | -62.31% | Morgan Stanley | Dillon Cumming | → $90 | Initiates | → Equal-Weight | Get Alert |
| 03/13/2023 | Buy Now | -62.31% | Morgan Stanley | Dillon Cumming | → $90 | Initiates | → Equal-Weight | Get Alert |
| 02/24/2023 | Buy Now | -62.31% | Deutsche Bank | Emmanuel Rosner | $150 → $90 | Maintains | Hold | Get Alert |
| 02/24/2023 | Buy Now | -37.19% | Cowen & Co. | Jeffrey Osborne | $300 → $150 | Maintains | Outperform | Get Alert |
| 01/17/2023 | Buy Now | -37.19% | BTIG | Gregory Lewis | $210 → $150 | Reiterates | → Buy | Get Alert |
| 11/04/2022 | Buy Now | -24.62% | Wedbush | Daniel Ives | $300 → $180 | Maintains | Neutral | Get Alert |
| 09/14/2022 | Buy Now | 50.75% | BTIG | Gregory Lewis | → $360 | Upgrade | Neutral → Buy | Get Alert |
| 02/25/2022 | Buy Now | 38.19% | Deutsche Bank | Emmanuel Rosner | $570 → $330 | Maintains | Hold | Get Alert |
| 11/08/2021 | Buy Now | 50.75% | DA Davidson | Michael Shlisky | $300 → $360 | Maintains | Neutral | Get Alert |
| 11/05/2021 | Buy Now | 38.19% | RBC Capital | Joseph Spak | $270 → $330 | Maintains | Sector Perform | Get Alert |
| 11/05/2021 | Buy Now | — | BTIG | Gregory Lewis | — | Downgrade | Buy → Neutral | Get Alert |
| 08/11/2021 | Buy Now | 25.63% | DA Davidson | Michael Shlisky | → $300 | Initiates | → Neutral | Get Alert |
FAQ
What is the target price for Nikola (NKLA) stock?
The latest price target for Nikola (NASDAQ:NKLA) was reported by DA Davidson on June 12, 2024. The analyst firm set a price target for $1.00 expecting NKLA to fall to within 12 months (a possible -87.44% downside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Nikola (NKLA)?
The latest analyst rating for Nikola (NASDAQ:NKLA) was provided by DA Davidson, and Nikola maintained their neutral rating.
When was the last upgrade for Nikola (NKLA)?
The last upgrade for Nikola Corp happened on September 14, 2022 when BTIG raised their price target to $12. BTIG previously had a neutral for Nikola Corp.
When was the last downgrade for Nikola (NKLA)?
The last downgrade for Nikola Corp happened on May 10, 2023 when TD Cowen changed their price target from $5 to $1 for Nikola Corp.
When is the next analyst rating going to be posted or updated for Nikola (NKLA)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nikola, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nikola was filed on June 12, 2024 so you should expect the next rating to be made available sometime around June 12, 2025.
Is the Analyst Rating Nikola (NKLA) correct?
While ratings are subjective and will change, the latest Nikola (NKLA) rating was a maintained with a price target of $1.00 to $1.00. The current price Nikola (NKLA) is trading at is $7.96, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.