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NASDAQ: NKLA
Nikola Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for NKLA

Based on 3 analysts offering 12 month price targets for Nikola Corp

Min Forecast
$4.00+148.45%
Avg Forecast
$6.00+272.67%
Max Forecast
$10.00+521.12%

Should I buy or sell NKLA stock?

Based on 3 analysts offering ratings for Nikola Corp.

Hold
Strong Buy
0 analysts 0%
Buy
1 analysts 33.33%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although NKLA's forecast from analysts indicates a "Hold", our proven Zen Rating quant model rates NKLA as a "Sell". Stocks with a Zen Rating of Sell have trailed the market by -4.50%. Learn More

Be the first to know when Wall Street analysts revise their NKLA stock forecasts and price targets.

NKLA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-11
lockedlocked$00.00+00.00%2024-11-01
lockedlocked$00.00+00.00%2024-11-01

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Forecast return on equity

Is NKLA forecast to generate an efficient return?

Company
-81.86%
Industry
40.62%
Market
325.07%
NKLA's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NKLA forecast to generate an efficient return on assets?

Company
-29.97%
Industry
9.97%
NKLA is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NKLA earnings per share forecast

What is NKLA's earnings per share in the next 3 years based on estimates from 1 analyst?

Avg 1 year Forecast
-$11.70
Avg 2 year Forecast
-$9.60
Avg 3 year Forecast
-$5.10

NKLA revenue growth forecast

How is NKLA forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?

Company
129.93%
Industry
-4.53%
Market
7.53%
NKLA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NKLA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NKLA vs Agriculture Stocks

TickerPricePrice TargetUp/downsideConsensus
NKLA$1.61$6.00+272.67%Hold
LEV$0.36$0.80+121.61%Hold
MNTX$5.76$5.80+0.69%Hold
HYFM$0.67$0.70+4.63%Hold
UGRO$1.22$8.00+555.74%Strong Buy
View Top Agriculture Stocks

Nikola Stock Forecast FAQ

Is Nikola Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: NKLA) stock is to Hold NKLA stock.

Out of 3 analysts, 0 (0%) are recommending NKLA as a Strong Buy, 1 (33.33%) are recommending NKLA as a Buy, 2 (66.67%) are recommending NKLA as a Hold, 0 (0%) are recommending NKLA as a Sell, and 0 (0%) are recommending NKLA as a Strong Sell.

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

What is NKLA's earnings growth forecast for 2024-2026?

(NASDAQ: NKLA) Nikola's forecast annual earnings growth rate of N/A is not forecast to beat the US Farm & Heavy Construction Machinery industry's average forecast earnings growth rate of -2.41%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.93%.

Nikola's earnings in 2024 is -$634,773,000.On average, 1 Wall Street analyst forecast NKLA's earnings for 2024 to be -$712,217,584, with the lowest NKLA earnings forecast at -$712,217,584, and the highest NKLA earnings forecast at -$712,217,584. On average, 1 Wall Street analyst forecast NKLA's earnings for 2025 to be -$584,384,595, with the lowest NKLA earnings forecast at -$584,384,595, and the highest NKLA earnings forecast at -$584,384,595.

In 2026, NKLA is forecast to generate -$310,452,414 in earnings, with the lowest earnings forecast at -$310,452,414 and the highest earnings forecast at -$310,452,414.

What is NKLA's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: NKLA) forecast ROE is -81.86%, which is considered weak.

What is NKLA's Price Target?

According to 3 Wall Street analysts that have issued a 1 year NKLA price target, the average NKLA price target is $6.00, with the highest NKLA stock price forecast at $10.00 and the lowest NKLA stock price forecast at $4.00.

On average, Wall Street analysts predict that Nikola's share price could reach $6.00 by Nov 11, 2025. The average Nikola stock price prediction forecasts a potential upside of 272.67% from the current NKLA share price of $1.61.

What is NKLA's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: NKLA) Nikola's current Earnings Per Share (EPS) is -$11.85. On average, analysts forecast that NKLA's EPS will be -$11.70 for 2024, with the lowest EPS forecast at -$11.70, and the highest EPS forecast at -$11.70. On average, analysts forecast that NKLA's EPS will be -$9.60 for 2025, with the lowest EPS forecast at -$9.60, and the highest EPS forecast at -$9.60. In 2026, NKLA's EPS is forecast to hit -$5.10 (min: -$5.10, max: -$5.10).

What is NKLA's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: NKLA) forecast ROA is -29.97%, which is lower than the forecast US Farm & Heavy Construction Machinery industry average of 9.97%.
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