Nikola (NKLA) stock forecast for 2023. Forecast tables and graphs.

Nikola (NKLA) stock forecast for 2023

Last update: 06-24-2022, 6:44

Sector: Consumer cyclical

The share price of Nikola Corp. (NKLA) now

What analysts predict:: $11.38

52-week high/low: $19.44 / $4.82

50/200 Day Moving Average: $6.68 / $9.1

This figure corresponds to the average price over the previous 50/200 days. For Nikola stocks, the 50-day moving average is the support level today.

For Nikola stocks, the 200-day moving average is the resistance level today.

Are you interested in Nikola stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Nikola stock price in 2023. How much will one Nikola share be worth in 2023?

Is it worth taking profit / loss on Nikola stock now or waiting? What are analysts' forecasts for Nikola stock?

We forecast Nikola stock performance using neural networks based on historical data on Nikola stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Nikola stock prediction results are shown below and presented as a graph, table and text information.

Nikola stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Nikola analysts is $11.38.

Today 200 Day Moving Average is the resistance level (9.1 $).

50 Day Moving Average is the support level (6.68 $).




Historical and forecast chart of Nikola stock

The chart below shows the historical price of Nikola stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Nikola stock price can be found in the table below.

Nikola (NKLA) Forecast for 2023

Month Target Pes. Opt. Vol., %
Jan 6.20 5.54 6.55 15.34 %
Feb 5.67 4.96 5.94 16.41 %
Mar 5.38 4.90 5.78 15.27 %
Apr 4.61 4.06 4.91 17.45 %
May 4.88 4.29 5.62 23.61 %
Jun 4.11 3.59 4.59 21.86 %
Jul 4.54 4.04 4.77 15.24 %
Aug 5.33 4.74 5.73 17.32 %
Sep 5.81 5.30 6.14 13.64 %
Oct 6.36 6.03 7.00 13.82 %
Nov 6.25 5.56 7.16 22.34 %
Dec 6.91 6.24 7.81 20.00 %

Nikola information and performance

Nikola Motor Company (NKLA) is known as a zero-emission, battery-powered, hydrogen fuel cell electric truck startup. The startup was founded by Trevor Milton in 2015 and is headquartered in Phoenix, Arizona. Named after famous inventor Nikola Tesla, Nikola has two prototype hydrogen fuel cell electric trucks Nikola TRE and Nikola TWO, and a Badger electric fuel cell pickup truck. Other prototypes include the NZT ATV, the RECKLESS military SUV and the WAV water scooter. As of April 2021, Nikola has not yet started mass production of its vehicles.

Nikola Address

4141 E BROADWAY ROAD, PHOENIX, AZ, US

Market Capitalization: 2 358 373 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: - $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -1.795

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A

Quarterly Revenue Growth YOY: -1

Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1098.4

Enterprise Value (EV) /Revenue

EV To EBITDA: -

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 421138000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Nikola price target for 2021 by month


Target values for the price of one Nikola share for Jan 2023.

The weighted average target price per Nikola share in Jan 2023 is: 6.20. In Jan, the negative dynamics for Momo shares will prevail with possible monthly volatility of 15.341% volatility is expected.

Pessimistic target level: 5.54

Optimistic target level: 6.55


Target values for the price of one Nikola share for Feb 2023.

The weighted average target price per Nikola share in Feb 2023 is: 5.67. In Feb, the negative dynamics for Momo shares will prevail with possible monthly volatility of 16.412% volatility is expected.

Pessimistic target level: 4.96

Optimistic target level: 5.94


Target values for the price of one Nikola share for Mar 2023.

The weighted average target price per Nikola share in Mar 2023 is: 5.38. In Mar, the negative dynamics for Momo shares will prevail with possible monthly volatility of 15.270% volatility is expected.

Pessimistic target level: 4.90

Optimistic target level: 5.78


Target values for the price of one Nikola share for Apr 2023.

The weighted average target price per Nikola share in Apr 2023 is: 4.61. In Apr, the negative dynamics for Momo shares will prevail with possible monthly volatility of 17.448% volatility is expected.

Pessimistic target level: 4.06

Optimistic target level: 4.91


Target values for the price of one Nikola share for May 2023.

The weighted average target price per Nikola share in May 2023 is: 4.88. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 23.611% volatility is expected.

Pessimistic target level: 4.29

Optimistic target level: 5.62


Target values for the price of one Nikola share for Jun 2023.

The weighted average target price per Nikola share in Jun 2023 is: 4.11. In Jun, the negative dynamics for Momo shares will prevail with possible monthly volatility of 21.864% volatility is expected.

Pessimistic target level: 3.59

Optimistic target level: 4.59


Target values for the price of one Nikola share for Jul 2023.

The weighted average target price per Nikola share in Jul 2023 is: 4.54. In Jul, the positive dynamics for Momo shares will prevail with possible monthly volatility of 15.238% volatility is expected.

Pessimistic target level: 4.04

Optimistic target level: 4.77


Target values for the price of one Nikola share for Aug 2023.

The weighted average target price per Nikola share in Aug 2023 is: 5.33. In Aug, the positive dynamics for Momo shares will prevail with possible monthly volatility of 17.318% volatility is expected.

Pessimistic target level: 4.74

Optimistic target level: 5.73


Target values for the price of one Nikola share for Sep 2023.

The weighted average target price per Nikola share in Sep 2023 is: 5.81. In Sep, the positive dynamics for Momo shares will prevail with possible monthly volatility of 13.636% volatility is expected.

Pessimistic target level: 5.30

Optimistic target level: 6.14


Target values for the price of one Nikola share for Oct 2023.

The weighted average target price per Nikola share in Oct 2023 is: 6.36. In Oct, the positive dynamics for Momo shares will prevail with possible monthly volatility of 13.818% volatility is expected.

Pessimistic target level: 6.03

Optimistic target level: 7.00


Target values for the price of one Nikola share for Nov 2023.

The weighted average target price per Nikola share in Nov 2023 is: 6.25. In Nov, the negative dynamics for Momo shares will prevail with possible monthly volatility of 22.338% volatility is expected.

Pessimistic target level: 5.56

Optimistic target level: 7.16


Target values for the price of one Nikola share for Dec 2023.

The weighted average target price per Nikola share in Dec 2023 is: 6.91. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 20.000% volatility is expected.

Pessimistic target level: 6.24

Optimistic target level: 7.81




Related stocks from Consumer cyclical sector


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.