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NASDAQ: NKLA
Nikola Corp Stock

$0.70-0.02 (-2.78%)
Updated Apr 12, 2024
NKLA Price
$0.70
Fair Value Price
$1.02
Market Cap
$934.93M
52 Week Low
$0.52
52 Week High
$3.71
P/E
-0.58x
P/B
1.3x
P/S
19.53x
PEG
N/A
Dividend Yield
N/A
Revenue
$35.84M
Earnings
-$966.28M
Gross Margin
-597.3%
Operating Margin
-2,484.02%
Profit Margin
-2,696.2%
Debt to Equity
0.77
Operating Cash Flow
-$496M
Beta
1.09
Next Earnings
May 7, 2024
Ex-Dividend
N/A
Next Dividend
N/A

NKLA Overview

Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation is headquartered in Phoenix, Arizona.

Zen Score

Industry Average (39)
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Due Diligence Checks

NKLA ($0.70) is undervalued by 31.38% relative to our estimate of its Fair Value price of $1.02 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
NKLA ($0.70) is significantly undervalued by 31.38% relative to our estimate of its Fair Value price of $1.02 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
NKLA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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NKLA News

Valuation

NKLA fair value

Fair Value of NKLA stock based on Discounted Cash Flow (DCF)
Price
$0.70
Fair Value
$1.02
Undervalued by
31.38%
NKLA ($0.70) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
NKLA ($0.70) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
NKLA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

NKLA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.58x
Industry
14.57x
Market
42.64x

NKLA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.3x
Industry
4.98x
NKLA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NKLA's financial health

Profit margin

Revenue
$11.5M
Net Income
-$153.6M
Profit Margin
-1,331.9%
NKLA's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
NKLA's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.3B
Liabilities
$555.7M
Debt to equity
0.77
NKLA's short-term assets ($572.41M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NKLA's short-term assets ($572.41M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NKLA's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
NKLA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$117.8M
Investing
-$11.1M
Financing
$230.7M
NKLA's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

NKLA vs Agriculture Stocks

TickerMarket Cap1d %P/EP/B
NKLA$934.93M-2.37%-0.58x1.30x
ASTE$966.37M-2.46%28.90x1.48x
HY$1.08B-3.13%8.42x2.78x
TWI$724.11M-2.93%9.48x1.55x
REVG$1.16B-2.48%5.50x2.35x

Nikola Stock FAQ

What is Nikola's quote symbol?

(NASDAQ: NKLA) Nikola trades on the NASDAQ under the ticker symbol NKLA. Nikola stock quotes can also be displayed as NASDAQ: NKLA.

If you're new to stock investing, here's how to buy Nikola stock.

What is the 52 week high and low for Nikola (NASDAQ: NKLA)?

(NASDAQ: NKLA) Nikola's 52-week high was $3.71, and its 52-week low was $0.52. It is currently -81.13% from its 52-week high and 34.36% from its 52-week low.

How much is Nikola stock worth today?

(NASDAQ: NKLA) Nikola currently has 1,335,615,165 outstanding shares. With Nikola stock trading at $0.70 per share, the total value of Nikola stock (market capitalization) is $934.93M.

Nikola stock was originally listed at a price of $9.58 in Jun 11, 2018. If you had invested in Nikola stock at $9.58, your return over the last 5 years would have been -92.69%, for an annualized return of -40.74% (not including any dividends or dividend reinvestments).

How much is Nikola's stock price per share?

(NASDAQ: NKLA) Nikola stock price per share is $0.70 today (as of Apr 12, 2024).

What is Nikola's Market Cap?

(NASDAQ: NKLA) Nikola's market cap is $934.93M, as of Apr 15, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Nikola's market cap is calculated by multiplying NKLA's current stock price of $0.70 by NKLA's total outstanding shares of 1,335,615,165.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.