The latest price target for Nikola (NASDAQ:NKLA) was reported by DA Davidson on November 11, 2024. The analyst firm set a price target for $4.00 expecting NKLA to rise to within 12 months (a possible 238.98% upside). 8 analyst firms have reported ratings in the last year.

The latest analyst rating for Nikola (NASDAQ:NKLA) was provided by DA Davidson, and Nikola maintained their neutral rating.

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.

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.

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 November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.

While ratings are subjective and will change, the latest Nikola (NKLA) rating was a maintained with a price target of $12.00 to $4.00. The current price Nikola (NKLA) is trading at is $1.18, which is out of the analyst’s predicted range.