$2.34
2.90% yesterday
Nasdaq, Nov 15, 10:16 pm CET
ISIN
US6541101050
Symbol
NKLA

Nikola Corporation Target price 2024 - Analyst rating & recommendation

Nikola Corporation Classifications & Recommendation:

Buy
17%
Hold
83%

Nikola Corporation Price Target

Target Price $5.50
Price $2.34
Potential
Number of Estimates 4
4 Analysts have issued a price target Nikola Corporation 2025 . The average Nikola Corporation target price is $5.50. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 1 Analysts recommend Nikola Corporation to buy, 5 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Nikola Corporation stock has an average upside potential 2025 of . Most analysts recommend the Nikola Corporation stock at Hold.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 35.84 110.76
29.49% 209.04%
EBITDA Margin -1,692.52% -400.51%
22.52% 76.34%
Net Margin -5,588.15% -579.69%
2,786.69% 89.63%

6 Analysts have issued a sales forecast Nikola Corporation 2024 . The average Nikola Corporation sales estimate is

$111m
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. This is
46.65% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$124m 64.17%
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, the lowest is
$102m 34.78%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $35.8m 29.49%
2024
$111m 209.04%
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2025
$332m 200.05%
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2026
$738m 122.20%
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2027
$832m 12.70%
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6 Analysts have issued an Nikola Corporation EBITDA forecast 2024. The average Nikola Corporation EBITDA estimate is

$-444m
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. This is
11.42% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-432m 13.70%
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, the lowest is
$-456m 8.95%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-607m 13.61%
2024
$-444m 26.87%
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2025
$-324m 27.07%
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2026
$-159m 50.74%
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2027
$-800k 99.50%
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EBITDA Margin

2023 -1,692.52% 22.52%
2024
-400.51% 76.34%
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2025
-97.35% 75.69%
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2026
-21.58% 77.83%
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2027
-0.10% 99.54%
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4 Nikola Corporation Analysts have issued a net profit forecast 2024. The average Nikola Corporation net profit estimate is

$-642m
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. This is
19.00% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-500m 36.89%
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, the lowest is
$-698m 11.92%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-2.0b 1,935.39%
2024
$-642m 67.94%
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2025
$-453m 29.40%
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2026
$-353m 22.20%
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Net Margin

2023 -5,588.15% 2,786.69%
2024
-579.69% 89.63%
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2025
-136.39% 76.47%
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2026
-47.76% 64.98%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -36.23 -11.62
1,935.39% 67.93%
P/E negative
EV/Sales 2.65

4 Analysts have issued a Nikola Corporation forecast for earnings per share. The average Nikola Corporation <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-11.62
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. This is
18.97% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-9.05 36.89%
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, the lowest is
$-12.63 11.92%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-36.23 1,935.39%
2024
$-11.62 67.93%
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2025
$-8.20 29.43%
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2026
$-6.38 22.20%
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P/E ratio

Current -0.16 74.19%
2024
-0.20 25.00%
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2025
-0.29 45.00%
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2026
-0.37 27.59%
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Based on analysts' sales estimates for 2024, the Nikola Corporation stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.89 85.94%
2024
2.65 31.86%
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2025
0.88 66.67%
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2026
0.40 55.00%
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2027
0.35 11.25%
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P/S ratio

Current 1.89 93.79%
2024
1.29 31.81%
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2025
0.43 66.67%
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2026
0.19 54.99%
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2027
0.17 11.30%
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