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NKLA

2.46USD-0.21(-7.87%)Market Closed

Nikola Corp.

Market Summary

USD2.46-0.21Market Closed
-7.87%

NKLA Alerts

NKLA Stock Price

RSI Chart

Valuation

Market Cap

1.4B

Price/Earnings

-1.84

Price/Sales

34.64

Price/Cashflow

-3.05

MarketCap/EBT

-1.86

Price/Sales

Profitability

Operating Margin

96.36%

EBT Margin

-1865.96%

Return on Equity

-125.64%

Return on Assets

-64.52%

Fundamentals

Revenue

Revenue (TTM)

40.0M

Earnings

Earnings (TTM)

-752.9M

Earnings Y/Y

-20.78%

Earnings Q/Q

-13.11%

Price Action

52 Week Range

2.2712.14
(Low)(High)

Last 7 days

15.6%

Last 30 days

-9.8%

Last 90 days

-47.2%

Trailing 12 Months

-71.7%

Financial Health

Current Ratio

2.15

Debt/Equity

0.46

Debt/Cashflow

-1.66

Investor Care

Shares Dilution (1Y)

8.84%

Diluted EPS (TTM)

-1.85

Peers (Alternatives to Nikola)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
116.5B
56.6B
2.07% 20.34%
17.23
2.16
16.98% 53.73%
65.8B
15.6B
4.20% -2.64%
24.83
4.2
9.75% -0.82%
37.4B
16.3B
-1.56% -2.41%
28.47
2.36
9.76% -24.65%
33.5B
27.4B
4.65% 24.57%
12.87
1.22
22.19% 48.69%
22.7B
5.7B
4.07% -9.71%
34.74
4.01
8.95% -62.26%
MID-CAP
5.8B
7.9B
-0.50% -19.06%
47.81
0.73
1.72% -75.01%
5.6B
2.4B
5.35% -8.74%
33.32
2.41
6.10% -17.71%
3.9B
2.7B
3.13% 24.02%
7.62
1.44
17.53% 32.29%
3.8B
2.0B
0.48% -7.27%
21.35
1.98
28.15% 34.53%
2.6B
4.3B
0.61% 53.23%
10.3
0.6
17.80% 81.88%
SMALL-CAP
1.4B
40.0M
-9.80% -71.75%
-1.84
34.64
34.91% -55.12%
796.6M
1.0B
3.78% -48.82%
20.33
0.79
13.13% -30.15%
289.8M
735.2M
30.75% -32.76%
-11.57
0.39
-4.92% -278.43%
27.8M
94.6M
-0.89% -66.87%
6
0.29
-5.17% -55.52%
17.1M
18.1M
3.80% -91.60%
-1.08
0.9
11.47% -20.89%

Financials for Nikola

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q22022Q12020Q42020Q32020Q2
Revenue430.5%40,042,0007,548,000nullnullnull
Gross Profit-6788.2%-28,826,000.00431,000
Operating Expenses0.6%729,252,000724,676,000
  S&GA Expenses2.2%421,527,000412,331,000
  R&D Expenses-1.5%307,725,000312,345,000
Earnings Before Taxes-4.1%-747,168,000.00-717,546,000.00
Net Income-4.1%-752,921,000.00-723,155,000.00
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets28.2%1,1679109901,001965
  Current Assets30.2%545419525610663
    Cash Equivalents22.7%442360497587633
  Inventory101.6%52261242
  Net PPE18.0%312264244201166
  Goodwill0%55555
Liabilities97.0%568288296293107
  Current Liabilities38.1%25418418125385
  Long Term Debt991.3%2732525--
    LT Debt, CurrentNaN%-----
Shareholder's Equity-3.7%599622694708845
  Retained Earnings-12.3%-1,576.55-1,403.55-1,250.61-1,091.20-823.63
  Additional Paid-In Capital7.5%2,1772,0261,9441,7991,668
Accumulated Depreciation-12----
Shares Outstanding3.6%433418413404397
Float-4,500----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-20.0%-454.99-379.23-307.15-261.30-230.95
  Share Based Compensation1.0%211209206198201
Cashflow From Investing3.8%-208.24-216.41-207.48-154.43-114.42
Cashflow From Financing157.9%56021718880271

Risks

What is the probability of a big loss on NKLA?

60.7%


Probability that Nikola stock will be more than 20% underwater in next one year

53.0%


Probability that Nikola stock will be more than 30% underwater in next one year.

53.0%


Probability that Nikola stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NKLA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Nikola was unfortunately bought at previous high price.

Returns

Cumulative Returns on NKLA

-36.2%


3-Year Cumulative Returns

Which funds bought or sold NKLA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
REDUCED
-9.52
-291,000
588,000
0.02%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-440,000
1,249,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
74,905.5
145,000
145,000
-%
2022-11-21
FourThought Financial, LLC
NEW
-
1,000
1,000
-%
2022-11-16
Washington Trust Bank
UNCHANGED
-
-18,000
50,000
0.01%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
134.33
16,000
37,000
-%
2022-11-16
GLENMEDE TRUST CO NA
UNCHANGED
-
-25,000
70,000
-%
2022-11-15
NOMURA HOLDINGS INC
REDUCED
-50
-174,000
112,000
-%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
UNCHANGED
-
-24,000
66,000
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
199.17
199,000
364,000
-%

1–10 of 44

Latest Funds Activity

Are funds buying NKLA calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own NKLA

Nikola News

Seeking Alpha

EV Company News For The Month Of November 2022.5 hours ago

InvestorPlace

NKLA Fair Value

Recent SEC filings of Nikola

View All Filings
Date Filed Form Type Document
Nov 30, 2022
4
Insider Trading
Nov 28, 2022
4
Insider Trading
Nov 28, 2022
424B3
Prospectus Filed
Nov 28, 2022
424B3
Prospectus Filed
Nov 28, 2022
8-K/A
Current Report
Nov 23, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 18, 2022
8-K
Current Report
Nov 18, 2022
424B3
Prospectus Filed
Nov 18, 2022
4
Insider Trading

Latest Insider Trading transactions for NKLA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
RUSSELL MARK A
SOLD
-192,976
2.57302
-75,000
-
2022-12-01
RUSSELL MARK A
ACQUIRED
79,500
1.06
75,000
-
2022-11-30
RUSSELL MARK A
ACQUIRED
79,500
1.06
75,000
-
2022-11-30
RUSSELL MARK A
SOLD
-185,703
2.47604
-75,000
-
2022-11-29
RUSSELL MARK A
SOLD
-176,024
2.34698
-75,000
-
2022-11-29
RUSSELL MARK A
ACQUIRED
79,500
1.06
75,000
-
2022-11-28
RUSSELL MARK A
ACQUIRED
79,500
1.06
75,000
-
2022-11-28
RUSSELL MARK A
SOLD
-174,597
2.32796
-75,000
-
2022-11-25
RUSSELL MARK A
SOLD
-179,250
2.39
-75,000
-
2022-11-25
RUSSELL MARK A
ACQUIRED
79,500
1.06
75,000
-

1–10 of 50

Mark A. Russell
900
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.

NKLA Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Revenue$ 24,241$ 0$ 44,262$ 0
Cost of revenues:    
Cost of revenue54,4100103,2570
Gross loss(30,169)0(58,995)0
Operating expenses:    
Research and development66,68378,896204,346201,785
Selling, general, and administrative132,865192,929289,916329,028
Total operating expenses199,548271,825494,262530,813
Loss from operations(229,717)(271,825)(553,257)(530,813)
Other income (expense):    
Interest expense, net(7,735)(118)(10,754)(219)
Revaluation of warrant liability5864,4673,4932,907
Other income, net2,6171,0574,423174
Loss before income taxes and equity in net loss of affiliates(234,249)(266,419)(556,095)(527,951)
Income tax expense1134
Loss before equity in net loss of affiliates(234,250)(266,420)(556,098)(527,955)
Equity in net loss of affiliates(1,984)(1,147)(6,074)(3,067)
Net loss$ (236,234)$ (267,567)$ (562,172)$ (531,022)
Net loss per share:    
Basic (in dollars per share)$ (0.54)$ (0.67)$ (1.32)$ (1.34)
Diluted (in dollars per share)$ (0.54)$ (0.68)$ (1.32)$ (1.35)
Weighted-average shares outstanding:    
Basic (in shares)438,416,393400,219,585426,382,736395,691,795
Diluted (in shares)438,416,393400,230,669426,382,736395,860,876
Truck sales    
Revenues:    
Revenue$ 23,853$ 0$ 41,236$ 0
Cost of revenues:    
Cost of revenue54,0800100,8610
Service and other    
Revenues:    
Revenue38803,0260
Cost of revenues:    
Cost of revenue$ 330$ 0$ 2,396$ 0

NKLA Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 315,731$ 497,241
Restricted cash and cash equivalents6000
Accounts receivable, net37,6620
Inventory81,06911,597
Prepaid expenses and other current assets51,85815,891
Total current assets486,920524,729
Restricted cash and cash equivalents87,45925,000
Long-term deposits37,16127,620
Property, plant and equipment, net365,049244,377
Intangible assets, net93,60997,181
Investment in affiliates76,50561,778
Goodwill5,2385,238
Other assets7,4843,896
Total assets1,159,425989,819
Current liabilities  
Accounts payable92,51186,982
Accrued expenses and other current liabilities170,70793,487
Debt and finance lease liabilities, current14,357140
Total current liabilities277,575180,609
Long-term debt and finance lease liabilities, net of current portion283,25825,047
Operating lease liabilities5,4102,263
Warrant liability7914,284
Other long-term liabilities28,34984,033
Deferred tax liabilities, net1311
Total liabilities595,396296,247
Commitments and contingencies (Note 9)
Stockholders' equity  
Preferred stock, $0.0001 par value, 150,000,000 shares authorized, no shares issued and outstanding as of September 30, 2022 and December 31, 202100
Common stock, $0.0001 par value, 800,000,000 and 600,000,000 shares authorized as of September 30, 2022 and December 31, 2021, respectively, 455,205,699 and 413,340,550 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively4641
Additional paid-in capital2,379,1911,944,341
Accumulated deficit(1,812,784)(1,250,612)
Accumulated other comprehensive loss(2,424)(198)
Total stockholders' equity564,029693,572
Total liabilities and stockholders' equity$ 1,159,425$ 989,819