Nikola (NKLA) stock forecast for 2024. Forecast tables and graphs.







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Nikola (NKLA) stock forecast for 2024

Updated: March 1, 2024 (07:22)

Sector: Consumer cyclical

The share price of Nikola Corp. (NKLA) now

What analysts predict: $1.79
52-week High/Low: $3.71 / $0.521

50/200 Day Moving Average: $0.753 / $1.168

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

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

Are you interested in Nikola Corp. 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 2024. How much will one Nikola share be worth in 2024? Is it worth taking profit / loss on NKLA stock now or waiting? What are analysts' forecasts for Nikola stock?

We forecast Nikola stock performance using neural networks based on historical data on NKLA stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Nikola Corp. 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 $1.79. Today 200 Day Moving Average is the resistance level (1.168 $). 50 Day Moving Average is the resistance level (0.753 $).




Historical and forecast chart of Nikola Corp. 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 NKLA stock price can be found in the table below.


Sell or Buy Nikola (NKLA) stocks? Analytic Experts Forecasting...

We present you the most up-to-date and complete review of analytical trend forecasts and views on the NKLA stock market. Experts share their opinions on what to expect.

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 (NKLA) Forecast for 2024

Month Target Pes. Opt. Vol., %
Apr 0.88 0.76 1.02 25.34 %
May 0.89 0.83 0.97 14.78 %
Jun 0.82 0.78 0.86 9.41 %
Jul 0.73 0.69 0.83 16.70 %
Aug 0.77 0.72 0.83 13.44 %
Sep 0.71 0.66 0.81 19.20 %
Oct 0.71 0.68 0.81 16.23 %
Nov 0.69 0.64 0.75 13.49 %
Dec 0.67 0.59 0.74 20.47 %

Nikola information and performance

Nikola Address

4141 E BROADWAY ROAD, PHOENIX, AZ, US

Market Capitalization: 885 587 000 $

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

EBITDA: -585 105 024 $

EBITDA of Nikola 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: None

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: None

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

EPS: -1.21

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: 0.757
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: 19.75

Enterprise Value (EV) /Revenue

EV To EBITDA: -0.961

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

Shares Outstanding: 1157630000

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 2024 by month


Target values for the price of one Nikola share for Apr 2024.

The weighted average target price per Nikola share in Apr 2024 is: 0.88.
In Apr, the Positive dynamics for Nikola Corp. shares will prevail with possible monthly volatility of 25.345% volatility is expected.
Pessimistic target level: 0.76
Optimistic target level: 1.02

Target values for the price of one Nikola share for May 2024.

The weighted average target price per Nikola share in May 2024 is: 0.89.
In May, the Positive dynamics for Nikola Corp. shares will prevail with possible monthly volatility of 14.781% volatility is expected.
Pessimistic target level: 0.83
Optimistic target level: 0.97

Target values for the price of one Nikola share for Jun 2024.

The weighted average target price per Nikola share in Jun 2024 is: 0.82.
In Jun, the Negative dynamics for Nikola Corp. shares will prevail with possible monthly volatility of 9.405% volatility is expected.
Pessimistic target level: 0.78
Optimistic target level: 0.86

Target values for the price of one Nikola share for Jul 2024.

The weighted average target price per Nikola share in Jul 2024 is: 0.73.
In Jul, the Negative dynamics for Nikola Corp. shares will prevail with possible monthly volatility of 16.696% volatility is expected.
Pessimistic target level: 0.69
Optimistic target level: 0.83

Target values for the price of one Nikola share for Aug 2024.

The weighted average target price per Nikola share in Aug 2024 is: 0.77.
In Aug, the Positive dynamics for Nikola Corp. shares will prevail with possible monthly volatility of 13.444% volatility is expected.
Pessimistic target level: 0.72
Optimistic target level: 0.83

Target values for the price of one Nikola share for Sep 2024.

The weighted average target price per Nikola share in Sep 2024 is: 0.71.
In Sep, the Negative dynamics for Nikola Corp. shares will prevail with possible monthly volatility of 19.197% volatility is expected.
Pessimistic target level: 0.66
Optimistic target level: 0.81

Target values for the price of one Nikola share for Oct 2024.

The weighted average target price per Nikola share in Oct 2024 is: 0.71.
In Oct, the Positive dynamics for Nikola Corp. shares will prevail with possible monthly volatility of 16.230% volatility is expected.
Pessimistic target level: 0.68
Optimistic target level: 0.81

Target values for the price of one Nikola share for Nov 2024.

The weighted average target price per Nikola share in Nov 2024 is: 0.69.
In Nov, the Negative dynamics for Nikola Corp. shares will prevail with possible monthly volatility of 13.493% volatility is expected.
Pessimistic target level: 0.64
Optimistic target level: 0.75

Target values for the price of one Nikola share for Dec 2024.

The weighted average target price per Nikola share in Dec 2024 is: 0.67.
In Dec, the Negative dynamics for Nikola Corp. shares will prevail with possible monthly volatility of 20.471% volatility is expected.
Pessimistic target level: 0.59
Optimistic target level: 0.74



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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.