In this article, we will analyze Nikola Corporation’s Stock Forecast and price prediction for 2023, 2025, and 2030. Is Nikola a Wise Long-Term Investment? When Might Be the Right Time to Consider Buying Nikola Stock?
Based on latest analysis Nikola Stock Forecast is expected to reach its maximum value around $1 in end of 2023, $4 in 2024, $11.10 in 2025, $20 in 2030, $ 28.15 in 2034, and $39.00 by end of 2040.
The Nikola Corp (NASDAQ: NKLA) details for the company are as follows: Open – $0.98, High – $1.01, Low – $0.93, Market Cap – $94.87Cr, P/E Ratio – N/A, Dividend Yield – N/A, 52-week High – $3.71, 52-week Low – $0.52. The company’s weakening balance sheet and lack of a clear path to profitability present challenges. The forecast suggests a tough road ahead for the electric automaker, with survival not guaranteed.
Nikola Corporation Stock (NKLA) Price
Nikola Corporation’s stock (NKLA) on the NASDAQ shows a pre-market value of $1.01 USD, reflecting a minor decrease of $0.01 (-0.98%). In the latest update at 06:28 UTC+5.5, the pre-market value slightly increased to $1.02 USD (+0.01, +0.99%). The day’s performance exhibits a decline of 0.98%, while the 5-day, 1-month, and YTD percentages stand at 4.12%, -10.62%, and -54.50%, respectively.
Over a span of 6 months, there has been a notable increase of 80.91%, whereas the 1-year and 5-year performances show decreases of -60.39% and -89.56%. The all-time performance registers a decrease of -89.45%. Key financial statistics include a market capitalization of $995.049 million USD, a dividend yield not available, a Price to Earnings Ratio (TTM) not specified, a Basic EPS (TTM) of -$1.57 USD, a net income of -$784.238 million USD, revenue of $50.825 million USD, shares float of 884.753 million, and a beta value of 2.58.
Get real-time NKLA (Nikola Corporation) stock information on NASDAQ (NKLA: NASDAQ). The current price of Nikola is 0.9360 USD – 0.0512 (-5.19%) today.
| Previous Close | 1.0400 |
| Open | 1.0300 |
| Day’s Range | 0.8800 – 1.0300 |
| 52 Week Range | 0.5210 – 5.5800 |
| Volume | 148,991,077 |
| Avg. Volume | 87,341,053 |
| Market Cap | 753.653M |
| Beta (5Y Monthly) | 2.01 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.2900 |
| Earnings Date | Nov 01, 2023 – Nov 06, 2023 |
| Forward Dividend & Yield | N/A (N/A) |
| 1y Target Est | 2.42 |
Nikola Corporation Stock (NKLA) Performance
Nikola Stock made its debut on the stock market on June 13, 2018. Initially, the stock saw little activity. However, in May and June 2020, Nikola Corporation experienced a significant surge, reaching a price of $65. Since then, the stock has seen a consistent decline. In this article, we will attempt to forecast Nikola’s stock price for the years 2025, 2030, 2040, and 2050.
Nikola Stock Forecast
The 12-month Nikola stock forecast, as per Wall Street analysts in the last 3 months, averages at $2.50. The highest price target is $3.00, while the lowest is $2.00.
Nikola Corporation Stock (NKLA) Forecast 2023
| Year | Nikola Price Prediction |
|---|---|
| 2023 | $1.099 – $5.40 |
Nikola’s shares dropped 15% to 88 cents. They’ve fallen by almost 55% since August due to a recall and sales pause following earlier fire investigations.
According to our analysts Nikola’s price target in 2023, NKLA has a median target of $2.90, with a high estimate of $5.40 and a low estimate of $1.099.
Nikola Corporation Stock (NKLA) Forecast 2025
| Year | Nikola Stock Price Prediction 2025 |
|---|---|
| 2025 | $2.09 – $9.40 |
Our experts predict that Nikola stock (NKLA) price Prediction in 2025, could have $9.400. The maximum value is $2.09, with an average price of around $7.70.
Nikola Corporation Stock (NKLA) Forecast 2026
| Year | Nikola Price Prediction |
|---|---|
| 2026 | $2.29 – $11.04 |
Based on our technical analysis of Nikola stock forecast for 2026, the average price of Nikola Stock can be $6.50, the minimum price is $2029, the maximum price is $11.40, and the change in the price represents 550% from its last price.
Nikola Corporation Stock (NKLA) Forecast 2027
| Year | Nikola Price Prediction |
|---|---|
| 2027 | $3.30 – $16.00 |
In 2027, analysts foresee a potential recovery for Nikola Corporation (NKLA). The Nikola stock forecast in 2027 is projected to reach an average price of $11.00, with a price range between $3.30 and $16.00. This marks a substantial 780% change from its last recorded price in 2027.
Nikola Corporation Stock (NKLA) Forecast 2028
| Year | Nikola Stock Price Prediction |
|---|---|
| 2028 | $4.75 – $33.25 |
Nikola Corporation’s (NKLA) stock forecast price for 2028 is expected to average around $28.50. The maximum price may reach up to $33.25, while the minimum estimate could potentially drop to $4.75, providing a range of potential outcomes for the next five years.
Nikola Corporation Stock (NKLA) Forecast 2030
| Year | Nikola Stock Price Prediction |
|---|---|
| 2030 | $11.82 – $57.52 |
Analysts anticipate a positive resurgence in the automotive sector by the year 2030. This optimistic outlook extends to Nikola’s stock price, as it is expected to experience a notable recovery alongside the broader automotive industry.
According to our fundamental analysis, Nikola Stock Price in 2030 can hit its all-time high price of $57.50 with an average price of $45.09 and a low side of $11.82 in 2030.
Nikola Corporation (NKLA) News
Earlier this week, in Tempe, Arizona, another one of Nikola’s Tre battery-electric trucks caught fire, impacting a single battery pack. Fortunately, no injuries were reported in either incident. The truck involved in the recent fire was a pre-production unit undergoing testing as part of a battery fire investigation, according to the company’s statement.
The company initially suspected foul play when fires occurred at its headquarters in June. However, following an investigation, Nikola attributed the incidents to a coolant leak within a battery pack. Because of this, the company’s value went down by about 15% to 88 cents. Since August, the company’s value has dropped by almost 55% because they had to call back all the electric trucks they sold and stop selling them because of earlier fires.
Nikola’s Stock Drops as 2023 EV Deliveries Face Challenges
Nikola, the company that makes big electric trucks, saw its stock go down in the morning. They said they might not be able to deliver as many trucks as they planned for the whole year because of problems with the batteries. ReadMore
Nikola’s Rough Ride: From EV Market Struggles to Fraud Allegations
Nikola has inked a new agreement with BayoTech to supply up to 50 Nikola Class 8 vehicles. BayoTech will sell hydrogen directly to Nikola, and in return, Nikola will purchase up to 10 HyFill transports from BayoTech to manage the hydrogen supply chain. Initially, Nikola will procure from BayoTech’s Missouri facilities, with plans to expand operations to the California side next year.
Is Investing in Nikola Corporation (NKLA) Stock a Good Idea Right Now?
Nikola’s stock closing price as of Sep 8, 2023, at $0.8801, down 15.38% in the last trading session. There was a fire in one of Nikola’s semi-trucks due to a battery issue near its Arizona plant on September 4th. Since August started, the value of NKLA stock has fallen by about 80%.
Chaikin money flow (CMF) is currently at -0.15, suggesting market weakness. The relative strength index (RSI) is at 33.89, approaching the oversold territory, indicating significant bearish momentum. The overall market sentiment and NKLA stock’s price movements are strongly bearish. To shift towards a more bullish outlook, the stock price needs to establish solid support around $1.
Let Us Also know about these trending stocks: DWAC Stock Price Prediction 2023, 2025,2030 | Lucid Stock Price Prediction for Savvy Investors 2023-2030 and many others.
What is Nikola Corporation
Nikola Corporation is an American electric vehicle (EV) and hydrogen fuel cell manufacturer. It was founded in 2015 by Trevor Milton and is headquartered in Phoenix, Arizona. The company focuses on developing and producing zero-emission commercial trucks, along with various energy solutions.
Nikola gained significant attention for its ambitious plans to revolutionize the transportation industry with its lineup of hydrogen fuel cell and battery-electric trucks. The company’s flagship products include the Nikola One, a hydrogen-electric semi-truck, and the Nikola Badger, an electric pickup truck.
However, Nikola has faced various challenges and controversies, including allegations of misleading investors and overhyping its technology. This led to the resignation of its founder and former chairman, Trevor Milton, and prompted investigations by regulatory authorities.
FAQ: Nikola Stock Forecast
what will Nikola stock be worth in 5 years?
NKLA | Nikola Stock price in five years (2028) is expected to cross an average price of $28.50 and hit the maximum price of $33.25, a low price of $4.75 representing a 611% change in price from the current price of $0.899.
Is Nikola a dividend-paying company?
NKLA | Nikola is not a dividend-paying company.
What is Nikola Stock Forecast 2025?
NKLAÂ stock Forecast 2025 | Nikola Stock Forecast in 2025 is expected an average forecast of $7.70 per share with Nikola’s maximum forecast of $9.40 and a low price of $$2.09 from its last price change of around 551%.
What will the Nikola Stock Forecast be worth in 2030?
NKLA Stock forecast in 2030| Nikola Stock Forecast 2030 can reach median price target of $45.09 and hit a Nikola high price of $57.52 with a minimum price of $11.82 in 2030.
Is Nikola worth an investment Right Now?
Nikola has received an opinion rating of Hold. The NKLA average rating score is 3.00 and is based on 1 buy rating, 8 hold ratings, and no sell ratings.
Why is Nikola Stock falling?
Nikola’s stock is falling because of safety concerns from recent battery incidents. This has made investors worried. Since August, the stock has dropped by about 70%, which shows it’s facing some big challenges.
will Nikola stock rise again?
Analysts predict a significant revenue increase for Nikola, rising from $51 million in 2022 to a projected $850 million in 2025.
Will Nikola Stock reach $50?
According to our fundamental and technical analysis, Nikola Stock (NKLA) will reach $50 before 2035.
is Nikola stock a buy sell or hold?
Nikola stock currently holds a consensus rating of “HOLD.” This rating is derived from 3 buy ratings, 5 hold ratings, and 0 sell ratings, reflecting the average sentiment among analysts.
What is the 2025 Nikola price prediction?
The latest long-term forecast anticipates that Nikola’s stock price will reach $8 by the middle of 2025.
Can Nikola stock reach $100 in the future?
No, Nikola stock will never reach $100 in the next 10 years, it is not worth it to buy Nikola stock.
