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Nikola Corp. Stock Research

NKLA

1.30USD-0.09(-6.45%)Market Closed
Watchlist

Market Summary

USD1.30-0.09
Market Closed
-6.45%

NKLA Alerts

NKLA Stock Price

NKLA RSI Chart

NKLA Valuation

Market Cap

1.0B

Price/Earnings (Trailing)

-1.18

Price/Sales (Trailing)

17.8

EV/EBITDA

-1.71

Price/Free Cashflow

-1.28

NKLA Price/Sales (Trailing)

NKLA Profitability

EBT Margin

-1289.04%

Return on Equity

-146.63%

Return on Assets

-69.1%

Free Cashflow Yield

-78%

NKLA Fundamentals

NKLA Revenue

Revenue (TTM)

56.2M

Revenue Y/Y

-15.29%

Revenue Q/Q

38.18%

NKLA Earnings

Earnings (TTM)

-845.2M

Earnings Y/Y

-25.91%

Earnings Q/Q

-28.82%

Price Action

52 Week Range

4.45
(Low)(High)

Last 7 days

60.4%

Last 30 days

-7.6%

Last 90 days

1.1%

Trailing 12 Months

-69.4%

NKLA Financial Health

Current Ratio

1.2

Debt/Equity

0.54

Debt/Cashflow

-2.11

NKLA Investor Care

Shares Dilution (1Y)

80.87%

Diluted EPS (TTM)

0.05

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for NKLA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-06
Pasterick Anastasiya
sold
-7,521
1.1211
-6,709
chief financial officer
2023-08-10
Worthen Britton M.
sold
-237,709
1.958
-121,404
chief legal officer
2023-08-10
Lohscheller Michael
sold
-135,073
1.958
-68,985
-
2023-08-10
Mendes Carey
sold
-7,277
1.958
-3,717
president, energy
2023-08-10
Pike Joseph R.
sold
-158,475
1.958
-80,937
chief human resources officer
2023-08-10
Pasterick Anastasiya
sold
-30,791
1.958
-15,726
chief financial officer
2023-08-09
Pasterick Anastasiya
acquired
-
-
2,081
chief financial officer
2023-08-03
SHINDLER STEVEN M
acquired
-
-
75,000
-
2023-08-03
Girsky Stephen J
acquired
-
-
550,000
chief executive officer
2023-05-12
RUSSELL MARK A
sold
-196,886
0.780488
-252,260
-

1–10 of 50

Which funds bought or sold NKLA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-07
Triatomic Management LP
sold off
-100
-60,500
-
-%
2023-08-30
Western Wealth Management, LLC
added
18.22
5,469
21,177
-%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
119
966
-%
2023-08-22
Asset Dedication, LLC
unchanged
-
-
-
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
52.65
376,964
885,721
-%
2023-08-21
OSAIC HOLDINGS, INC.
added
13.61
38,884
167,100
-%
2023-08-21
VisionPoint Advisory Group, LLC
new
-
113
113
-%
2023-08-17
Coppell Advisory Solutions LLC
new
-
13.00
13.00
-%
2023-08-16
Nuveen Asset Management, LLC
added
79.77
1,047,270
2,045,270
-%
2023-08-16
Sunbelt Securities, Inc.
unchanged
-
-4.00
226
-%

1–10 of 42

Latest Funds Activity

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

Schedule 13G FIlings of Nikola

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Aug 20, 2021
m&m residual, llc
15.9%
63,361,144
SC 13D/A
Jun 30, 2021
green nikola holdings llc
4.9%
19,227,033
SC 13D/A
May 14, 2021
m&m residual, llc
20.1%
79,059,795
SC 13D/A

Recent SEC filings of Nikola

View All Filings
Date Filed Form Type Document
Sep 19, 2023
424B3
Prospectus Filed
Sep 19, 2023
424B3
Prospectus Filed
Sep 19, 2023
8-K
Current Report
Sep 13, 2023
8-K
Current Report
Sep 08, 2023
144
Notice of Insider Sale Intent
Sep 08, 2023
4
Insider Trading
Sep 07, 2023
3
Insider Trading
Sep 06, 2023
144
Notice of Insider Sale Intent
Sep 06, 2023
144
Notice of Insider Sale Intent
Sep 06, 2023
144
Notice of Insider Sale Intent

Peers (Alternatives to Nikola)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
139.5B
64.8B
2.15% 57.58%
16.69
2.15
19.88% 23.71%
70.2B
16.1B
0.19% 22.08%
22.63
4.37
5.86% 17.15%
43.9B
32.5B
0.79% -1.13%
12.04
1.35
27.80% 64.21%
41.8B
19.1B
-1.76% 51.48%
33.16
2.43
20.20% 58.33%
26.0B
6.0B
-1.87% 18.62%
32.53
4.36
8.29% 22.02%
MID-CAP
7.7B
2.8B
2.20% 43.29%
37.6
2.76
20.08% 21.60%
5.0B
9.0B
0.65% 27.76%
18.88
0.58
13.79% 139.94%
4.3B
3.0B
2.45% 70.59%
8.04
1.54
15.67% 34.99%
4.1B
2.1B
-3.50% 6.93%
21.26
1.98
10.59% 10.76%
SMALL-CAP
1.0B
56.2M
-7.62% -69.41%
-1.18
17.8
40.31% -12.26%
614.8M
1.1B
-9.55% 109.47%
-34.34
0.57
47.93% 28.54%
520.8M
1.1B
-3.31% -30.33%
12.55
0.49
6.84% -3.10%
44.5M
86.6M
100.58% 12.09%
8.66
0.51
-9.69% -10.69%
23.3M
16.3M
16.24% 8.51%
-2.96
1.42
-13.67% 50.32%

Nikola News

Benzinga
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Nikola Corporation -.
Benzinga,
78 minutes ago
24/7 Wall St.
The Motley Fool
Where Will Nikola Stock Be in 5 Years?.
The Motley Fool,
14 hours ago
InvestorsObserver
The Wall Street Journal

Returns for NKLA

Cumulative Returns on NKLA

-32.0%


5-Year Cumulative Returns

-65.6%


3-Year Cumulative Returns

Risks for NKLA

What is the probability of a big loss on NKLA?

70.8%


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

63.9%


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

63.9%


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.

Drawdowns

Financials for Nikola

Income Statement (Last 12 Months)
Income Statement (Last 12 Months)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-4.7%56,183,00058,955,00049,725,00059,016,00040,042,0007,548,0003,845,500143,000439,000410,600382,200353,800325,400297,000173,00022,81445,532
Gross Profit1.4%-117,684,000-119,310,000-85,969,000-58,995,000-28,826,000431,00021,00026,000181,000164,000211,000274,667102,000248,000123,000--
Operating Expenses-0.3%581,082,000583,061,000616,666,000656,975,000729,252,000724,676,000382,758,000263,854,000159,751,00090,320,00088,206,00080,361,33394,192,000119,592,00070,612,000--
  S&GA Expenses-6.5%301,608,000322,712,000346,186,000361,463,000421,527,000412,331,000182,724,000122,975,00060,886,00022,126,00020,692,00027,537,04924,059,72518,738,53812,238,000318,60146,550
  R&D Expenses0.5%261,757,000260,349,000270,480,000295,512,000307,725,000312,345,000185,619,000140,879,00098,865,00068,194,00067,514,00059,644,00070,502,00093,588,00058,374,000--
EBITDA100.0%--741,198,000-735,821,000-693,387,000-731,624,000-707,180,000-339,785,484-224,076,484-122,920,484-53,574,817-------
EBITDA Margin100.0%--12.34-14.48-11.75-16.52-93.69-3,576-74.92-41.10-17.91-28.79-18.95-14.46----
Interest Expenses12.7%6,025,0005,344,0004,097,0002,867,0001,378,000883,000884,000696,000527,000425,33396,00096,000118,000-96,000--
Earnings Before Taxes5.4%-688,700,000-728,032,000-717,467,000-714,998,000-747,168,000-717,546,000-371,257,000-254,906,000-190,572,000-91,555,000-88,505,000-128,294,456-113,142,108-96,389,538-66,295,000-303,392-23,784
EBT Margin100.0%--12.89-15.02-12.12-16.87-95.06-3,649-77.01-42.87-19.51-29.59-19.86-14.80----
Net Income-5.6%-845,222,000-800,391,000-784,238,000-721,588,000-752,921,000-723,155,000-370,868,000-254,911,000-190,721,000-91,705,000-88,656,000-126,442,456-111,144,108-94,389,538-64,293,000-303,392-23,784
Net Income Margin100.0%--13.33-15.43-12.23-17.00-95.81-3,556-74.19-52.72-19.62-29.64-42.27-37.16----
Free Cashflow100.0%--812,836,000--747,724,000-650,563,000-508,802,000-150,533,000-22,007,7051,877,295-23,958,790-2,357,705------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-1.8%1,1381,1581,2371,1591,1679109901,0019651,0031,0541,138927240229238238238237234234
  Current Assets23.0%4073314374875454195256106638048979867721.0091.001.001.001.001.001.001.00
    Cash Equivalents87.1%22712122631644236049758763376484190869876.0090.001411041.001741.001.00
  Inventory-29.9%87.0012411281.0052.0026.0012.004.002.00------------
  Net PPE1.6%48347541836531226424420116612371.0063.0062.00-53.00------
  Goodwill-21.7%5.007.007.001.005.005.005.005.005.005.005.005.005.00-5.00------
Liabilities0.4%61561271059556828829629310791.0074.0073.0097.0066.0034.0023.0012.001.001.000.000.00
  Current Liabilities-15.7%23327738427825418418125385.0071.0052.0044.0031.001.0017.000.000.001.001.00--
  Long Term Debt17.5%34829629028327325.0025.00---14.00----------
    LT Debt, Current-----------4.004.004.00--------
    LT Debt, Non Current---------------4.00------
Shareholder's Equity-4.2%5235465265645996226947088459129801,0668301941962381421571865.005.00
  Retained Earnings-9.9%-2,421-2,203-2,034-1,812-1,576-1,403-1,250-1,091-823-680-560-417-338--1884.004.003.002.00-0.23-0.01
  Additional Paid-In Capital7.0%2,9452,7512,5632,3792,1772,0261,9441,7991,6681,5931,5401,4841,1685.003841.001.002.003.005.005.00
Shares Outstanding29.5%76959451345542541541340039539239138436127227126126026026030.0013.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations5.6%-594-630-581-543-454-379-307-261-230-187-150-100-76.39-102-80.63-118-103-72.27-54.02-0.12-0.23
  Share Based Compensation-13.0%19422325226521120920619820118713893.0042.005.005.005.005.00-4.00--
Cashflow From Investing21.9%-190-244-225-238-208-216-207-154-114-54.22-31.14-21.85-25.18-40.70-39.30184196289-15.41--464
Cashflow From Financing-19.6%55268759959956021718880.0027192694190370549.0036.0043.00-22.03212212312468

NKLA Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:    
Revenue$ 15,362$ 18,134$ 26,039$ 20,021
Cost of revenues:    
Cost of revenues42,99347,39176,36748,847
Gross loss(27,631)(29,257)(50,328)(28,826)
Operating expenses:    
Research and development64,51463,106126,320137,663
Selling, general, and administrative58,76479,868101,461157,051
Loss on supplier deposits17,717017,7170
Total operating expenses140,995142,974245,498294,714
Loss from operations(168,626)(172,231)(295,826)(323,540)
Other income (expense):    
Interest expense, net(8,749)(2,808)(18,582)(3,019)
Revaluation of warrant liability413,3413152,907
Gain on divestiture of affiliate70,849070,8490
Loss on debt extinguishment(20,362)0(20,362)0
Other income (expense), net(5,546)(27)(5,630)1,806
Loss before income taxes and equity in net loss of affiliates(132,393)(171,725)(269,236)(321,846)
Income tax expense0202
Loss before equity in net loss of affiliates(132,393)(171,727)(269,236)(321,848)
Equity in net loss of affiliates(7,617)(1,270)(16,025)(4,090)
Net loss from continuing operations(140,010)(172,997)(285,261)(325,938)
Discontinued operations:    
Loss from discontinued operations(52,883)0(76,726)0
Loss from deconsolidation of discontinued operations(24,935)0(24,935)0
Net loss from discontinued operations(77,818)0(101,661)0
Net loss$ (217,828)$ (172,997)$ (386,922)$ (325,938)
Basic and diluted net loss per share:    
Net loss from continuing operations, basic (in dollars per share)$ (0.20)$ (0.41)$ (0.45)$ (0.78)
Net loss from continuing operations, diluted (in dollars per share)(0.20)(0.41)(0.45)(0.78)
Net loss from discontinued operations, basic (in dollars per share)(0.11)0(0.16)0
Net loss from discontinued operations, diluted (in dollars per share)(0.11)0(0.16)0
Net loss, basic (in dollars per share)(0.31)(0.41)(0.61)(0.78)
Net loss, diluted (in dollars per share)$ (0.31)$ (0.41)$ (0.61)$ (0.78)
Weighted average shares outstanding, basic (in shares)708,692,817425,323,391629,630,362420,266,181
Weighted average shares outstanding, diluted (in shares)708,692,817425,323,391629,630,362420,266,181
Truck sales    
Revenues:    
Revenue$ 12,006$ 17,383$ 22,061$ 17,383
Cost of revenues:    
Cost of revenues40,20346,78173,22346,781
Service and other    
Revenues:    
Revenue3,3567513,9782,638
Cost of revenues:    
Cost of revenues$ 2,790$ 610$ 3,144$ 2,066

NKLA Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 226,673$ 225,850
Restricted cash and cash equivalents60010,600
Accounts receivable, net19,99831,638
Inventory86,635111,870
Prepaid expenses and other current assets73,01027,943
Assets subject to assignment for the benefit of creditors, current portion029,025
Total current assets406,916436,926
Restricted cash and cash equivalents68,08277,459
Long-term deposits17,32934,279
Property, plant and equipment, net483,043417,785
Intangible assets, net89,56492,473
Investment in affiliates58,28962,816
Goodwill5,2386,688
Other assets9,0408,107
Assets subject to assignment for the benefit of creditors0100,125
Total assets1,137,5011,236,658
Current liabilities  
Accounts payable45,76793,242
Accrued expenses and other current liabilities173,957179,571
Debt and finance lease liabilities, current (including zero and $50.0 million measured at fair value, respectively)13,41761,675
Liabilities subject to assignment for the benefit of creditors, current portion049,102
Total current liabilities233,141383,590
Long-term debt and finance lease liabilities, net of current portion348,392290,128
Operating lease liabilities5,0726,091
Other long-term liabilities28,1656,684
Deferred tax liabilities, net1515
Liabilities subject to assignment for the benefit of creditors023,671
Total liabilities614,785710,179
Commitments and contingencies (Note 12)
Stockholders' equity  
Preferred stock, $0.0001 par value, 150,000,000 shares authorized, no shares issued and outstanding as of June 30, 2023 and December 31, 202200
Common stock, $0.0001 par value, 800,000,000 shares authorized, 769,300,317 and 512,935,485 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively7751
Additional paid-in capital2,944,5042,562,855
Accumulated deficit(2,421,772)(2,034,850)
Accumulated other comprehensive loss(93)(1,577)
Total stockholders' equity522,716526,479
Total liabilities and stockholders' equity$ 1,137,501$ 1,236,658
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.