NKLA - Nikola Corp Stock Price, Fair Value and News

0.58USD-0.02 (-3.33%)Market Closed

Market Summary

USD0.58-0.02

Market Closed

-3.33%

NKLA Alerts

Losses in recent quarter

NKLA Stock Price

View Fullscreen

NKLA RSI Chart

NKLA Valuation

Market Cap

786.8M

Price/Earnings (Trailing)

-0.83

Price/Sales (Trailing)

21.95

EV/EBITDA

-0.85

Price/Free Cashflow

-1.52

NKLA Price/Sales (Trailing)

NKLA Profitability

Operating Margin

95.94%

EBT Margin

-2363.32%

Return on Equity

-161.17%

Return on Assets

-82.01%

Free Cashflow Yield

-65.65%

NKLA Fundamentals

NKLA Revenue

Revenue (TTM)

35.8M

NKLA Earnings

Earnings (TTM)

-944.9M

Earnings Growth (Yr)

12.64%

Earnings Growth (Qtr)

3.82%

Breaking Down NKLA Revenue

Last 7 days

-3.3%

Last 30 days

-42.6%

Last 90 days

-18.3%

Trailing 12 Months

-32.3%

How does NKLA drawdown profile look like?

NKLA Financial Health

Current Ratio

1.73

Debt/Equity

0.46

Debt/Cashflow

-1.61

NKLA Investor Care

Shares Dilution (1Y)

95.44%

Diluted EPS (TTM)

-1

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	0	0	0	0
2023	59.0M	56.2M	0	35.8M
2022	20.0M	29.9M	39.8M	49.7M
2020	416.0K	439.0K	143.0K	10.1M
2019	250.3K	327.5K	404.8K	482.0K
2018	0	0	0	173.0K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Nikola Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 25, 2024	hoefelmann dirk ole	acquired	-	-	1,237,000	president, energy
Apr 25, 2024	chan mary s	acquired	-	-	1,478,000	chief operating officer
Apr 25, 2024	girsky stephen j	acquired	-	-	3,978,000	chief executive officer
Apr 25, 2024	petrovich mary l	acquired	-	-	348,000	-
Apr 25, 2024	okray thomas b	acquired	-	-	1,778,000	chief financial officer
Apr 25, 2024	shindler steven m	acquired	-	-	455,000	-
Apr 25, 2024	pike joseph r.	acquired	-	-	644,000	chief human resources officer
Apr 25, 2024	tully carla m.	acquired	-	-	333,000	-
Apr 25, 2024	mansuetti michael l.	acquired	-	-	333,000	-
Apr 25, 2024	vesco john c	acquired	-	-	333,000	-

Which funds bought or sold NKLA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	VERUS CAPITAL PARTNERS, LLC	new	-	11,114	11,114	-%
May 07, 2024	AllSquare Wealth Management LLC	sold off	-100	-99.00	-	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	56.82	107,000	231,000	-%
May 07, 2024	Headlands Technologies LLC	new	-	17,038	17,038	-%
May 07, 2024	Arizona State Retirement System	added	3.82	59,645	314,326	-%
May 07, 2024	Swiss National Bank	added	5.73	461,696	2,258,360	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	112	5,827,800	9,631,530	-%
May 07, 2024	SEI INVESTMENTS CO	unchanged	-	5,614	35,376	-%
May 07, 2024	CHILTON CAPITAL MANAGEMENT LLC	new	-	1,042	1,042	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	1.00	6.00	-%

Are Funds Buying or Selling NKLA?

Are funds buying NKLA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NKLA

No. of Funds

NKLA Alerts

Losses in recent quarter

Unveiling Nikola Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	6.66%	77,145,785	SC 13G/A
Jan 26, 2024	norges bank	9.25%	107,033,812	SC 13G/A
Jan 23, 2024	m&m residual, llc	4.41%	51,047,726	SC 13D/A
Feb 14, 2023	norges bank	7.01%	33,581,371	SC 13G/A
Feb 13, 2023	t&m residual, llc	7.7%	39,876,497	SC 13D
Feb 09, 2023	vanguard group inc	6.58%	31,513,851	SC 13G
Jan 05, 2023	ya ii pn, ltd.	0%	0	SC 13G/A
Mar 10, 2022	norges bank	5.05%	20,879,125	SC 13G
Dec 01, 2021	m&m residual, llc	12.0%	48,361,144	SC 13D/A
Nov 24, 2021	m&m residual, llc	12.8%	51,652,457	SC 13D/A

Recent SEC filings of Nikola Corp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	ARS/A	ARS/A
May 07, 2024	DEFA14A	DEFA14A
May 07, 2024	8-K	Current Report
May 07, 2024	8-K	Current Report
May 07, 2024	424B5	Prospectus Filed
May 07, 2024	424B3	Prospectus Filed
May 07, 2024	424B3	Prospectus Filed
May 07, 2024	424B3	Prospectus Filed
May 07, 2024	424B3	Prospectus Filed
May 07, 2024	10-Q	Quarterly Report

Peers (Alternatives to Nikola Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GE	184.8B	69.5B	7.88%	67.19%	52.64	2.66	16.04%	-60.91%
CAT	170.1B	67.0B	-7.76%	61.36%	15.13	2.54	8.59%	58.17%
CMI	39.5B	34.0B	-3.74%	30.80%	19.18	1.16	12.85%	-19.64%
AME	39.2B	6.7B	-6.49%	17.15%	29.7	5.81	7.11%	10.53%
ACM	12.5B	15.3B	-5.68%	14.98%	-910.22	0.82	13.36%	-103.70%
MID-CAP
APG	10.3B	6.9B	-5.46%	69.51%	59.66	1.48	3.19%	62.26%
FLR	6.6B	15.5B	-9.10%	42.85%	21.55	0.42	7.53%	3145.00%
FLS	6.4B	4.4B	2.11%	35.46%	27.49	1.45	17.31%	1.26%
ACA	4.3B	2.4B	4.25%	28.36%	29.82	1.8	4.48%	-49.27%
ALG	2.3B	1.7B	-12.09%	7.37%	17.3	1.37	8.96%	15.52%
SMALL-CAP
AMRC	1.4B	1.4B	17.50%	-36.10%	24.09	1	-13.54%	-25.70%
AGX	878.1M	573.3M	30.01%	64.12%	27.14	1.53	26.00%	-2.24%
NKLA	786.8M	35.8M	-42.57%	-32.28%	-0.83	21.95	-27.93%	-18.06%
AMSC	417.1M	135.4M	6.35%	230.98%	-25.43	3.08	-25.90%	65.37%
ADES	266.2M	99.2M	23.80%	315.03%	-21.74	2.68	-3.69%	-37.37%

Nikola Corp News

Latest updates

Nikola Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	-34.4%	7,497,000	11,429,500	15,362,000	11,117,000	5,463,000	24,241,000	18,134,000	1,887,000	943,500	-	36,000	58,000	49,000	296,000	13,000	124,000	86,461	48,922	11,383
Cost Of Revenue	-	-	-	-	-	-	-	-	1,456,000	-	-	30,000	43,000	44,000	141,000	24,000	62,000	-	-	-
Gross Profit	-73.8%	-57,575,000	-33,129,500	-27,631,000	-32,910,000	-26,974,000	-30,169,000	-29,257,000	431,000	-	-	6,000	15,000	5,000	155,000	-11,000	62,000	-	-	-
Operating Expenses	6.0%	87,788,000	82,784,000	140,995,000	118,135,000	122,404,000	199,548,000	142,974,000	151,740,000	146,839,000	117,278,000	86,629,000	32,012,000	27,935,000	13,175,000	17,198,000	29,898,000	-	-	-
S&GA Expenses	42.8%	48,291,000	33,819,000	58,764,000	53,709,000	56,270,000	132,865,000	79,868,000	77,183,000	64,903,000	65,782,000	44,104,000	7,935,000	5,154,000	3,693,000	5,344,000	6,501,000	11,999,049	215,676	22,813
R&D Expenses	2.4%	39,497,000	38,564,000	64,514,000	64,426,000	66,134,000	66,683,000	63,106,000	74,557,000	67,521,000	51,496,000	42,525,000	24,077,000	22,781,000	9,482,000	11,854,000	23,397,000	-	-	-
EBITDA Margin	2.2%	-22.26	-22.77	-11.71	-11.81	-13.89	-17.42	-24.47	-35.40	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	4.7%	2,896,000	2,766,000	1,361,000	1,520,000	1,454,000	1,690,000	680,000	273,000	201,000	193,000	208,000	282,000	13,000	24,000	-	-	-	-	-
Income Taxes	-100.0%	-	11,000	-	-	3,000	1,000	2,000	-	-1,030,000	2,000	1,000	1,000	1,000	146,000	2,000	2,000	-	-	-
Earnings Before Taxes	-4.3%	-147,565,000	-141,532,500	-132,393,000	-160,686,000	-161,372,000	-234,249,000	-171,725,000	-150,121,000	-142,629,000	-79,702,000	-115,781,000	-33,145,000	-26,278,000	-15,368,000	-16,764,000	-30,095,000	-66,067,456	-215,652	-11,430
EBT Margin	1.5%	-23.63	-24.00	-12.26	-12.35	-14.43	-17.96	-25.00	-35.92	-	-	-	-	-	-	-	-	-	-	-
Net Income	3.8%	-147,722,000	-153,596,000	-217,828,000	-169,094,000	-222,066,000	-236,234,000	-172,997,000	-152,941,000	-142,236,000	-79,704,000	-115,782,000	-33,146,000	-26,279,000	-15,514,000	-16,766,000	-30,097,000	-64,065,456	-215,652	-11,430
Net Income Margin	2.2%	-26.37	-26.96	-15.04	-13.58	-15.77	-18.13	-25.19	-36.20	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-1.7%	-132,061,000	-129,861,000	-142,634,000	-232,250,000	-199,925,000	-208,768,000	-179,698,000	-161,429,000	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-9.6%	1,152	1,275	1,148	1,138	1,158	1,237	1,159	1,167	910	990	1,001	965	1,003	1,054	1,138	927	240	229	238	238	238
Current Assets	-18.0%	469	572	471	407	331	437	487	545	419	525	610	663	804	897	986	772	1.00	91.00	1.00	1.00	1.00
Cash Equivalents	-18.6%	378	465	363	227	121	226	316	442	360	497	587	633	764	849	908	698	76.00	90.00	141	104	1.00
Inventory	-2.0%	61.00	63.00	57.00	87.00	124	112	81.00	52.00	26.00	12.00	4.00	2.00	-	-	-	-	-	-	-	-	-
Net PPE	-3.8%	484	503	470	483	475	418	365	312	264	244	201	166	123	71.00	63.00	62.00	-	53.00	-	-	-
Goodwill	0%	5.00	5.00	5.00	5.00	7.00	7.00	2.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	-	5.00	-	-	-
Liabilities	1.8%	566	556	545	615	612	710	595	568	288	296	293	107	91.00	74.00	73.00	97.00	66.00	34.00	23.00	12.00	1.00
Current Liabilities	4.3%	271	260	293	233	277	384	278	254	184	181	253	85.00	71.00	52.00	44.00	31.00	1.00	17.00	0.00	0.00	1.00
Long Term Debt	-0.3%	268	269	232	348	296	290	283	273	25.00	25.00	-	-	-	14.00	-	-	-	4.00	-	-	-
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.00	4.00	4.00	-	-	-	-	-
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.00	-	-	-
Shareholder's Equity	-18.5%	586	719	604	523	546	526	564	599	622	694	708	845	912	980	1,066	830	194	196	238	142	157
Retained Earnings	-4.8%	-3,218	-3,071	-2,917	-2,421	-2,203	-2,034	-1,812	-1,576	-1,403	-1,250	-1,091	-823	-680	-560	-417	-338	-	-188	4.00	4.00	3.00
Additional Paid-In Capital	0.4%	3,805	3,790	3,521	2,945	2,751	2,563	2,379	2,177	2,026	1,944	1,799	1,668	1,593	1,540	1,484	1,168	5.00	384	1.00	1.00	2.00
Shares Outstanding	1.0%	1,343	1,330	992	769	594	513	438	420	415	399	396	393	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,000	-	-	-	1,300	-	-	-	4,500	-	-	-	12,500	-	-	-	253	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	1.8%	-115	-117	-91.26	-107	-179	-150	-157	-142	-131	-111	-69.39	-66.72	-59.25	-65.93	-39.04	-23.66	-21.90	-15.68	-15.15	-49.50	-0.30
Share Based Compensation	35.7%	9.00	6.00	28.00	7.00	25.00	41.00	56.00	55.00	54.00	54.00	49.00	53.00	50.00	46.00	52.00	38.00	1.00	1.00	1.00	-	-
Cashflow From Investing	144.5%	5.00	-11.11	-0.11	-3.24	-52.29	-55.70	-79.60	-56.89	-33.45	-69.00	-48.89	-65.07	-24.52	-15.95	-8.89	-4.86	-1.44	-6.65	-12.22	-20.39	-0.04
Cashflow From Financing	-102.2%	-5.05	231	188	209	116	116	112	343	28.00	116	73.00	1.00	-1.76	9.00	263	656	13.00	-29.19	65.00	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

NKLA Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Revenue	$ 7,497	$ 10,677
Cost of revenues:
Cost of revenues	65,072	33,374
Gross loss	(57,575)	(22,697)
Operating expenses:
Research and development	39,497	61,806
Selling, general, and administrative	48,291	42,697
Total operating expenses	87,788	104,503
Loss from operations	(145,363)	(127,200)
Other income (expense):
Interest expense, net	(2,278)	(9,833)
Loss on debt extinguishment	(784)	0
Other income, net	860	190
Loss before income taxes and equity in net loss of affiliates	(147,565)	(136,843)
Income tax expense	0	0
Loss before equity in net loss of affiliates	(147,565)	(136,843)
Equity in net loss of affiliates	(157)	(8,408)
Net loss from continuing operations	(147,722)	(145,251)
Discontinued operations:
Loss from discontinued operations	0	(23,843)
Net loss from discontinued operations	0	(23,843)
Net loss	$ (147,722)	$ (169,094)
Basic and diluted net loss per share:
Net loss from continuing operations, basic (in dollars per share)	$ (0.11)	$ (0.26)
Net loss from continuing operations, diluted (in dollars per share)	(0.11)	(0.26)
Net loss from discontinued operations, basic (in dollars per share)	0	(0.05)
Net loss from discontinued operations, diluted (in dollars per share)	0	(0.05)
Net loss, basic (in dollars per share)	(0.11)	(0.31)
Net loss, diluted (in dollars per share)	$ (0.11)	$ (0.31)
Weighted average shares outstanding, basic (in shares)	1,335,877,351	549,689,436
Weighted average shares outstanding, diluted (in shares)	1,335,877,351	549,689,436
Truck sales
Revenues:
Revenue	$ 7,418	$ 10,055
Cost of revenues:
Cost of revenues	61,747	33,020
Service and other
Revenues:
Revenue	79	622
Cost of revenues:
Cost of revenues	$ 3,325	$ 354

NKLA Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 345,637	$ 464,715
Restricted cash and cash equivalents	1,224	1,224
Accounts receivable, net	23,865	17,974
Inventory	61,342	62,588
Prepaid expenses and other current assets	37,241	25,911
Total current assets	469,309	572,412
Restricted cash and cash equivalents	31,386	28,026
Long-term deposits	9,027	14,954
Property, plant and equipment, net	484,471	503,416
Intangible assets, net	84,010	85,860
Investment in affiliate	56,905	57,062
Goodwill	5,238	5,238
Other assets	11,807	7,889
Total assets	1,152,153	1,274,857
Current liabilities
Accounts payable	44,909	44,133
Accrued expenses and other current liabilities	220,151	207,022
Debt and finance lease liabilities, current	6,233	8,950
Total current liabilities	271,293	260,105
Long-term debt and finance lease liabilities, net of current portion	268,345	269,279
Operating lease liabilities	5,266	4,765
Other long-term liabilities	20,974	21,534
Total liabilities	565,878	555,683
Commitments and contingencies (Note 11)
Stockholders' equity
Preferred stock, $0.0001 par value, 150,000,000 shares authorized, no shares issued and outstanding as of March 31, 2024 and December 31, 2023	0	0
Common stock, $0.0001 par value, 1,600,000,000 shares authorized, 1,342,842,964 and 1,330,083,002 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	134	133
Additional paid-in capital	3,804,974	3,790,272
Accumulated deficit	(3,218,791)	(3,071,069)
Accumulated other comprehensive loss	(42)	(162)
Total stockholders' equity	586,275	719,174
Total liabilities and stockholders' equity	$ 1,152,153	$ 1,274,857

About Nikola Corp

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) 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 founded in 2015 and is headquartered in Phoenix, Arizona.

CEO	Mr. Stephen J. Girsky
WEBSITE	nikolamotor.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	1500

Nikola Corp Frequently Asked Questions

What is the ticker symbol for Nikola Corp? What does NKLA stand for in stocks?

NKLA is the stock ticker symbol of Nikola Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Nikola Corp (NKLA)?

As of Wed May 08 2024, market cap of Nikola Corp is 786.8 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NKLA stock?

You can check NKLA's fair value in chart for subscribers.

What is the fair value of NKLA stock?

You can check NKLA's fair value in chart for subscribers. The fair value of Nikola Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Nikola Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NKLA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Nikola Corp a good stock to buy?

The fair value guage provides a quick view whether NKLA is over valued or under valued. Whether Nikola Corp is cheap or expensive depends on the assumptions which impact Nikola Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NKLA.

What is Nikola Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, NKLA's PE ratio (Price to Earnings) is -0.83 and Price to Sales (PS) ratio is 21.95. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NKLA PE ratio will change depending on the future growth rate expectations of investors.