Analyst Price Target is $1.33
▲ +149.27% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Nikola in the last 3 months. The average price target is $1.33, with a high forecast of $2.00 and a low forecast of $1.00. The average price target represents a 149.27% upside from the last price of $0.53.
Current Consensus is
Moderate Buy
The current consensus among 4 polled investment analysts is to moderate buy stock in Nikola. This Moderate Buy consensus rating has held steady for over two years.
Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally. The company operates in truck and energy units. It commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. In addition, it develops a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. Further, its products include Nikola Tre Class 8 truck and the Nikola's Class 8 FCEV. Additionally, the company assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation founded in 2015 and is headquartered in Phoenix, Arizona.
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