In the last trading session, 46.38 million Nikola Corp (NASDAQ:NKLA) shares changed hands as the company’s beta touched 2.16. With the company’s per share price at $0.26 changed hands at -$0.12 or -32.42% during last session, the market valuation stood at $21.69M. NKLA’s last price was a discount, traded about -13169.23% off its 52-week high of $34.50. The share price had its 52-week low at $0.35, which suggests the last value was -34.62% down since then.
Analysts gave the Nikola Corp (NKLA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 3 recommended NKLA as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Nikola Corp’s EPS for the current quarter is expected to be -2.63.
Nikola Corp (NASDAQ:NKLA) trade information
Instantly NKLA was in red as seen at the end of in last trading. With action -52.58%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -78.42%, with the 5-day performance at -52.58% in the red. However, in the 30-day time frame, Nikola Corp (NASDAQ:NKLA) is -69.61% down.
The consensus price target for the stock as assigned by Wall Street analysts is 237.6, meaning bulls need an upside of 99.89% from its current market value. According to analyst projections, NKLA’s forecast low is 12 with 356.4 as the target high. To hit the forecast high, the stock’s price needs a -136976.92% plunge from its current level, while the stock would need to soar -4515.38% for it to hit the projected low.
Nikola Corp (NKLA) estimates and forecasts
Year-over-year growth is forecast to reach 228.41% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 51.62M. The company’s revenue for the corresponding quarters a year ago was 11.53M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 347.60%.
NKLA Dividends
Nikola Corp is expected to release its next quarterly earnings report in March.
holds the second largest percentage of outstanding shares, with 0.0013% or 16826.0 shares worth $10826.0 as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 1.52 shares estimated at $0.39 million under it, the former controlled 1.80% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.77% of the shares, roughly 654.06 shares worth around $0.17 million.
