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NKLA
Volume: 68.59K
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Nikola (NKLA) Stock Forecast & Price Target

Nikola (NKLA) Analyst Ratings

Based on 13 analyst ratings
Buy
Strong Buy 23%
Buy 15%
Hold 62%
Sell 0%
Strong Sell 0%

Bulls say

Nikola Corp is poised for a positive outlook due to anticipated increases in average selling prices (ASPs) following the delivery of older fuel cell electric vehicle (FCEV) orders, which may enhance revenue generation. The company has demonstrated a strong uptime performance of 92%, comparable to diesel vehicles, indicating reliability and consumer satisfaction, while ongoing progress in the Hyla hydrogen subsidiary supports the viability of Nikola's energy business. Additionally, revenue estimates project $144.3 million for 2024, and management remains optimistic regarding the financial prospects as diesel options become more costly and scarce, positioning Nikola favorably in the evolving trucking landscape.

Bears say

Nikola Corp faces significant financial risks due to the potential for unusually high costs associated with recalling and repairing vehicles, which could lead to earnings falling short of expectations. Additionally, the company's reliance on state and national subsidies to partially fund future sales and infrastructure presents a risk; any changes or eliminations of these subsidies could negatively impact revenues. Lastly, the elevated competition in the market, coupled with Nikola's current lack of profitability, raises further concerns regarding the company's ability to generate sustainable earnings moving forward.

Nikola (NKLA) has been analyzed by 13 analysts, with a consensus rating of Buy. 23% of analysts recommend a Strong Buy, 15% recommend Buy, 62% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Nikola and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Nikola (NKLA) Forecast

Analysts have given Nikola (NKLA) a Buy based on their latest research and market trends.

According to 13 analysts, Nikola (NKLA) has a Buy consensus rating as of Aug 2, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $12.31, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $12.31, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Nikola (NKLA)

Volume: 68.59K

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