NKLA - Nikola Corp Stock Price, Fair Value and News

0.60USD-0.02 (-3.23%)Market Closed

Market Summary

USD0.60-0.02

Market Closed

-3.23%

NKLA Stock Price

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NKLA RSI Chart

NKLA Valuation

Market Cap

801.4M

Price/Earnings (Trailing)

-0.83

Price/Sales (Trailing)

22.36

EV/EBITDA

-0.74

Price/Free Cashflow

-1.3

NKLA Price/Sales (Trailing)

NKLA Profitability

Operating Margin

97.41%

EBT Margin

-2399.93%

Return on Equity

-134.36%

Return on Assets

-75.8%

Free Cashflow Yield

-76.96%

NKLA Fundamentals

NKLA Revenue

Revenue (TTM)

35.8M

NKLA Earnings

Earnings (TTM)

-966.3M

Earnings Growth (Yr)

30.83%

Earnings Growth (Qtr)

63.92%

Breaking Down NKLA Revenue

Last 7 days

-9.1%

Last 30 days

-25.9%

Last 90 days

-15.5%

Trailing 12 Months

-25.5%

How does NKLA drawdown profile look like?

NKLA Financial Health

Current Ratio

2.2

Debt/Equity

0.37

Debt/Cashflow

-1.84

NKLA Investor Care

Shares Dilution (1Y)

140.93%

Diluted EPS (TTM)

-1.2

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	59.0M	56.2M	0	35.8M
2022	19.9M	29.9M	39.8M	49.7M
2021	0	0	0	10.0M
2020	416.0K	439.0K	143.0K	95.0K
2019	250.3K	327.5K	404.8K	482.0K
2018	0	0	0	173.0K

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Tracking the Latest Insider Buys and Sells of Nikola Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 05, 2024	hoefelmann dirk ole	sold	-3,471	0.6806	-5,100	president, energy
Mar 05, 2024	pike joseph r.	sold	-51,155	0.6806	-75,162	chief human resources officer
Mar 05, 2024	chan mary s	sold	-16,761	0.6806	-24,627	chief operating officer
Mar 05, 2024	worthen britton m.	sold	-74,852	0.6806	-109,980	chief legal officer
Dec 14, 2023	pertchik jonathan	acquired	-	-	46,600	-
Oct 26, 2023	cappello joseph s.	acquired	-	-	200,000	president of energy
Oct 26, 2023	chan mary s	acquired	-	-	300,000	chief operating officer
Oct 26, 2023	vesco john c	acquired	-	-	75,350	-
Sep 06, 2023	pasterick anastasiya	sold	-7,521	1.1211	-6,709	chief financial officer
Aug 10, 2023	pasterick anastasiya	sold	-30,791	1.958	-15,726	chief financial officer

Which funds bought or sold NKLA recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	reduced	-0.74	13,000	83,000	-%
Apr 24, 2024	BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC	unchanged	-	116	728	-%
Apr 24, 2024	BROWN ADVISORY INC	new	-	17,016	17,016	-%
Apr 24, 2024	PSI Advisors, LLC	sold off	-100	-16.00	-	-%
Apr 24, 2024	First Pacific Financial	unchanged	-	33.00	208	-%
Apr 24, 2024	Newbridge Financial Services Group, Inc.	added	7.08	776	3,619	-%
Apr 23, 2024	Sugarloaf Wealth Management, LLC	unchanged	-	235	1,482	-%
Apr 23, 2024	Global Retirement Partners, LLC	added	28.26	3,874	7,426	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-63.96	-28,000	21,000	-%
Apr 23, 2024	CALIBER WEALTH MANAGEMENT, LLC	unchanged	-	-714,274	898,801	0.53%

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

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
Apr 24, 2024	ARS	ARS
Apr 24, 2024	DEF 14A	DEF 14A
Apr 24, 2024	DEFA14A	DEFA14A
Apr 12, 2024	PRER14A	PRER14A
Apr 10, 2024	PREC14A	PREC14A
Apr 04, 2024	8-K	Current Report
Apr 01, 2024	DEFA14A	DEFA14A
Mar 19, 2024	424B3	Prospectus Filed
Mar 19, 2024	424B3	Prospectus Filed
Mar 18, 2024	8-K	Current 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	176.4B	69.5B	-7.12%	67.54%	50.25	2.54	16.04%	-60.91%
CAT	172.6B	67.1B	-5.16%	56.34%	16.7	2.57	12.84%	54.12%
CMI	41.4B	34.1B	-0.10%	27.96%	49.23	1.21	21.34%	-61.52%
AME	41.1B	6.6B	-2.11%	32.97%	31.28	6.23	7.26%	13.25%
ACM	12.7B	14.9B	-3.35%	15.97%	205.98	0.85	12.31%	-81.65%
MID-CAP
APG	9.2B	6.9B	-1.80%	74.09%	60.14	1.33	5.64%	109.59%
FLR	6.9B	15.5B	-1.02%	41.92%	49.94	0.45	12.59%	-4.48%
FLS	6.1B	4.3B	1.62%	44.30%	32.57	1.41	19.51%	-1.03%
ACA	3.7B	2.3B	-9.43%	31.51%	23.42	1.62	2.90%	-35.23%
ALG	2.4B	1.7B	-9.63%	13.67%	17.62	1.42	11.63%	33.59%
SMALL-CAP
AMRC	1.1B	1.4B	1.84%	-48.72%	17.52	0.8	-24.65%	-34.19%
AGX	811.0M	573.3M	22.87%	55.73%	25.06	1.41	26.00%	-2.24%
NKLA	801.4M	35.8M	-25.93%	-25.48%	-0.83	22.36	-27.93%	-23.21%
AMSC	364.2M	135.4M	-8.14%	196.99%	-22.21	2.69	-25.90%	65.37%
ADES	259.9M	99.2M	20.68%	320.43%	-21.22	2.62	-3.69%	-37.37%

Nikola Corp News

Latest updates

Nikola Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	-100.0%	-	15,362	11,117	5,463	24,241	18,134	1,887	944	1.00	-	36.00	58.00	49.00	296	13.00	124	86.00	49.00	11.00
Cost Of Revenue	-	-	-	-	-	-	-	1,456	-	-	-	30.00	43.00	44.00	141	24.00	62.00	-	-	-
Gross Profit	-19.9%	-33,129	-27,631	-32,910	-26,974	-30,169	-29,257	431	-	-	-	6.00	15.00	5.00	155	-11.00	62.00	-	-	-
Operating Expenses	-41.3%	82,784	140,995	118,135	122,404	199,548	142,974	151,740	162,713	146,839	117,278	86,629	32,012	27,935	13,175	17,198	29,898	-	-	-
S&GA Expenses	-42.4%	33,819	58,764	53,709	56,270	132,865	79,868	77,183	71,547	64,903	65,782	44,104	7,935	5,154	3,693	5,344	6,501	11,999	216	23.00
R&D Expenses	-40.2%	38,564	64,514	64,426	66,134	66,683	63,106	74,557	91,166	67,521	51,496	42,525	24,077	22,781	9,482	11,854	23,397	-	-	-
EBITDA Margin	-94.4%	-22.77*	-11.71*	-11.81*	-13.89*	-4.85	-5.12	-4.94	-4.74	-2.55	-	-	-	-	-	-	-	-	-	-
Interest Expenses	103.2%	2,766	1,361	1,520	1,454	1,690	680	273	224	201	193	208	282	13.00	24.00	-	-	-	-	-
Income Taxes	-	11.00	-	-	3.00	1.00	2.00	-	-	-1,030	2.00	1.00	1.00	1.00	146	2.00	2.00	-	-	-
Earnings Before Taxes	-6.9%	-141,532	-132,393	-160,686	-161,372	-234,249	-171,725	-150,121	-158,903	-142,629	-79,702	-115,781	-33,145	-26,278	-15,368	-16,764	-30,095	-66,067	-215	-11.43
EBT Margin	-95.8%	-24.00*	-12.26*	-12.35*	-14.43*	-5.00	-5.22	-5.02	-4.80	-2.60	-	-	-	-	-	-	-	-	-	-
Net Income	29.5%	-153,596	-217,828	-169,094	-222,066	-236,234	-172,997	-152,941	-159,416	-142,236	-79,704	-115,782	-33,146	-26,279	-15,514	-16,766	-30,097	-64,065	-215	-11.43
Net Income Margin	-79.2%	-26.96*	-15.04*	-13.58*	-15.77*	-5.05	-5.27	-5.06	-4.83	-2.59	-	-	-	-	-	-	-	-	-	-
Free Cashflow	9.0%	-129,861	-142,634	-232,250	-199,925	-208,768	-179,698	-161,429	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	11.0%	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	237
Current Assets	21.6%	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	1.00
Cash Equivalents	28.1%	465	363	227	121	226	316	442	360	497	587	633	764	849	908	698	76.00	90.00	141	104	1.00	174
Inventory	9.9%	63.00	57.00	87.00	124	112	81.00	52.00	26.00	12.00	4.00	2.00	-	-	-	-	-	-	-	-	-	-
Net PPE	-100.0%	-	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	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	2.0%	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	1.00
Current Liabilities	-11.3%	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	1.00
Long Term Debt	15.9%	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	19.2%	719	604	523	546	526	564	599	622	694	708	845	912	980	1,066	830	194	196	238	142	157	186
Retained Earnings	-5.3%	-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	2.00
Additional Paid-In Capital	7.7%	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	3.00
Shares Outstanding	34.1%	1,330	992	769	594	513	438	420	415	399	396	393	392	-	-	-	-	-	-	-	-	-
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-29.0%	-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	-77.0%	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	-9558.3%	-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	22.6%	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	-	-	-21.95

NKLA Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Revenue	$ 35,839,000	$ 49,725,000	$ 0
Cost of revenues:
Cost of revenues	249,906,000	135,694,000	0
Gross loss	(214,067,000)	(85,969,000)	0
Operating expenses:
Research and development	208,160,000	270,480,000	292,951,000
Selling, general and administrative	198,768,000	346,186,000	400,575,000
Loss on supplier deposits	28,834,000	0	0
Total operating expenses	435,762,000	616,666,000	693,526,000
Loss from operations	(649,829,000)	(702,635,000)	(693,526,000)
Other income (expense):
Interest expense, net	(76,023,000)	(17,712,000)	(481,000)
Revaluation of warrant liability	371,000	3,903,000	3,051,000
Gain on divestiture of affiliate	70,849,000	0	0
Loss on debt extinguishment	(31,025,000)	0	0
Other income (expense), net	(162,534,000)	(1,023,000)	4,102,000
Loss before income taxes and equity in net loss of affiliates	(848,191,000)	(717,467,000)	(686,854,000)
Income tax expense	12,000	6,000	4,000
Loss before equity in net loss of affiliates	(848,203,000)	(717,473,000)	(686,858,000)
Equity in net loss of affiliates	(16,418,000)	(20,665,000)	(3,580,000)
Net loss from continuing operations	(864,621,000)	(738,138,000)	(690,438,000)
Discontinued operations:
Loss from discontinued operations	(76,726,000)	(46,100,000)	0
Loss from deconsolidation of discontinued operations	(24,935,000)	0	0
Net loss from discontinued operations	(101,661,000)	(46,100,000)	0
Net loss	$ (966,282,000)	$ (784,238,000)	$ (690,438,000)
Basic net loss per share:
Net loss from continuing operations(in dollars per share)	$ (1.08)	$ (1.67)	$ (1.73)
Net loss from discontinued operations (in dollars per share)	(0.13)	(0.11)	0
Net loss (in dollars per share)	(1.21)	(1.78)	(1.73)
Diluted net loss per share:
Net loss (in dollars per share)	$ (1.21)	$ (1.78)	$ (1.74)
Weighted-average shares outstanding:
Basic (in shares)	800,030,551	441,800,499	398,655,081
Diluted (in shares)	800,030,551	441,800,499	398,784,392
Truck sales
Revenues:
Revenue	$ 30,061,000	$ 45,931,000	$ 0
Cost of revenues:
Cost of revenues	242,519,000	132,556,000	0
Service and other
Revenues:
Revenue	5,778,000	3,794,000	0
Cost of revenues:
Cost of revenues	$ 7,387,000	$ 3,138,000	$ 0

NKLA Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 464,715	$ 225,850
Restricted cash and cash equivalents	1,224	10,600
Accounts receivable, net	17,974	31,638
Inventory	62,588	111,870
Prepaid expenses and other current assets	25,911	27,943
Assets subject to assignment for the benefit of creditors, current portion	0	29,025
Total current assets	572,412	436,926
Restricted cash and cash equivalents	28,026	77,459
Long-term deposits	14,954	34,279
Property, plant and equipment, net	503,416	417,785
Intangible assets, net	85,860	92,473
Investment in affiliates	57,062	62,816
Goodwill	5,238	6,688
Other assets	7,889	8,107
Assets subject to assignment for the benefit of creditors	0	100,125
Total assets	1,274,857	1,236,658
Current liabilities
Accounts payable	44,133	93,242
Accrued expenses and other current liabilities	207,022	179,571
Debt and finance lease liabilities, current (including zero and $50.0 million measured at fair value, respectively)	8,950	61,675
Liabilities subject to assignment for the benefit of creditors, current portion	0	49,102
Total current liabilities	260,105	383,590
Long-term debt and finance lease liabilities, net of current portion	269,279	290,128
Operating lease liabilities	4,765	6,091
Other long-term liabilities	21,512	6,684
Deferred tax liabilities, net	22	15
Liabilities subject to assignment for the benefit of creditors	0	23,671
Total liabilities	555,683	710,179
Commitments and contingencies (Note 14)
Stockholders' equity
Preferred stock, $0.0001 par value, 150,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and 2022	0	0
Common stock, $0.0001 par value, 1,600,000,000 and 800,000,000 shares authorized as of December 31, 2023 and 2022, respectively, 1,330,083,002 and 512,935,485 shares issued and outstanding as of December 31, 2023 and 2022, respectively	133	51
Additional paid-in capital	3,790,272	2,562,855
Accumulated deficit	(3,071,069)	(2,034,850)
Accumulated other comprehensive loss	(162)	(1,577)
Total stockholders' equity	719,174	526,479
Total liabilities and stockholders' equity	$ 1,274,857	$ 1,236,658

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 Thu Apr 25 2024, market cap of Nikola Corp is 801.37 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 Thu Apr 25 2024, NKLA's PE ratio (Price to Earnings) is -0.83 and Price to Sales (PS) ratio is 22.36. 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.