What is the average price target for NIKOLA CORP (NKLA) stock?
6 analysts have analysed NKLA and the average price target is 4.08 USD. This implies a price increase of 2129.51% is expected in the next year compared to the current price of 0.183.
NIKOLA CORP (NKLA) Forecast, Price Target & Analyst Ratings
NASDAQ:NKLA • US6541103031
Current stock price
0.183 USD
-0.07 (-28.74%)
At close:
0.1859 USD
+0 (+1.58%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NIKOLA CORP (NKLA).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- May 5, 2025
- Period
- Q4 / 2024
- EPS Estimate
- -$2.59
- Revenue Estimate
- 45.629M
Price Target Details & History
Consensus Price Target and Range
Mean target
$4.08
Upside
+ 2,129.51%
From current price of $0.18 to mean target of $4.08, Based on 6 analyst forecasts
Low
$4.04
Median
$4.08
High
$4.20
Price Target Revisions
1 Month
0.00%
3 Months
-27.27%
Price Target Summary
6 Wall Street analysts provided a forecast for the next 12 months for NKLA. The average price target is 4.08 USD. This implies a price increase of 2129.51% is expected in the next year compared to the current price of 0.183.
The average price target has been revised downward by 27.27% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
43.33%
NKLA was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about NKLA.
In the last month the buy percentage fell by 7 points. So the trust of analysts is decreasing.
NKLA was analyzed by 6 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-11-11 | DA Davidson | Maintains | Neutral -> Neutral |
| 2024-11-01 | TD Cowen | Maintains | Hold -> Hold |
| 2024-11-01 | Baird | Maintains | Outperform -> Outperform |
| 2024-08-12 | DA Davidson | Maintains | Neutral -> Neutral |
| 2024-06-12 | DA Davidson | Maintains | Neutral -> Neutral |
| 2024-04-09 | Wolfe Research | Initiate | Peer Perform |
| 2024-03-05 | DA Davidson | Reiterate | Neutral -> Neutral |
| 2024-01-24 | Baird | Initiate | Outperform |
| 2023-07-31 | DA Davidson | Maintains | Neutral -> Neutral |
| 2023-05-10 | TD Cowen | Downgrade | Outperform -> Market Perform |
| 2023-03-31 | BTIG | Downgrade | Buy -> Neutral |
| 2023-03-14 | Morgan Stanley | Initiate | Equal-Weight |
| 2023-03-13 | Morgan Stanley | Initiate | Equal-Weight |
| 2023-02-24 | Deutsche Bank | Maintains | Hold |
| 2023-02-24 | Cowen & Co. | Maintains | Outperform |
| 2023-01-17 | BTIG | Reiterate | Buy |
| 2022-11-04 | Wedbush | Maintains | Neutral |
| 2022-09-14 | BTIG | Upgrade | Neutral -> Buy |
| 2022-02-25 | Deutsche Bank | Maintains | Hold |
| 2021-11-08 | DA Davidson | Maintains | Neutral |
| 2021-11-05 | BTIG | Downgrade | Buy -> Neutral |
| 2021-11-05 | RBC Capital | Maintains | Sector Perform |
| 2021-08-11 | DA Davidson | Initiate | Neutral |
| 2021-05-28 | BTIG | Initiate | Buy |
| 2021-05-10 | Deutsche Bank | Maintains | Hold |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- May 5, 2025
- Period
- Q4 / 2024
- EPS Estimate
- -$2.59
- Revenue Estimate
- 45.629M
- Revenue Q2Q
- 295.67%
- EPS Q2Q
- 21.49%
- Number of Analysts
- 3
Next Earnings Revisions
Revenue (1 Month)
9.46%
Revenue (3 Months)
5.84%
EPS (1 Month)
-30.46%
EPS (3 Months)
-10.59%
Next Earnings Summary
NKLA is expected to report earnings on 5/5/2025. The consensus EPS estimate for the next earnings is -2.59 USD and the consensus revenue estimate is 45.63M USD.
The next earnings revenue estimate has been revised upward by 5.84% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | -100.00% | 49.725M | 35.839M -27.93% | 108.63M 203.11% | 358.84M 230.33% | 536.52M 49.52% | 848.84M 58.21% | 2.488B 193.11% | 3.53B 41.88% | 4.584B 29.86% | 5.428B 18.41% | |
| EBITDA YoY % growth | -685.295M -89.14% | -679.87M 0.79% | -585.105M 13.94% | -454.812M 22.27% | -326.394M 28.24% | -177.677M 45.56% | -816K 99.54% | 655.86M 80,475.00% | 912.9M 39.19% | 1.184B 29.70% | N/A | |
| EBIT YoY % growth | -693.526M -88.29% | -702.635M -1.31% | -620.995M 11.62% | -560.286M 9.78% | -368.322M 34.26% | -237.728M 35.46% | -144.84M 39.07% | 62.22M 142.96% | 282.54M 354.10% | 478.38M 69.31% | 602.82M 26.01% | |
| Operating Margin | N/A | -1,413.04% | -1,732.74% | -515.77% | -102.64% | -44.31% | -17.06% | 2.50% | 8.00% | 10.44% | 11.11% | |
| EPS YoY % growth | -23.70 -3,334.78% | -33.30 -40.51% | -26.10 21.62% | -10.48 59.84% | -6.99 33.30% | -5.88 15.91% | -0.05 99.13% | 0.05 200.00% | 0.36 600.00% | 0.56 57.14% | N/A |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -2.59 21.49% | -2.14 20.67% | -2.14 19.78% | -2.17 21.00% | -2.17 16.14% | -1.21 43.67% | -1.25 41.71% | -0.98 55.07% | -0.98 54.74% |
| Revenue Q2Q % growth | 45.629M 295.67% | 78.54M 947.62% | 78.54M 150.77% | 100.98M 301.02% | 100.98M 121.31% | 156.56M 99.34% | 176.91M 125.25% | 208.11M 106.09% | 230.57M 128.33% |
| EBITDA Q2Q % growth | -106.59M -30.71% | -65.79M 51.18% | -65.79M 39.88% | -67.422M 39.78% | -67.422M 36.75% | -63.797M 3.03% | -67.052M -1.92% | -47.493M 29.56% | -49.098M 27.18% |
| EBIT Q2Q % growth | -122.094M -3.97% | -84.762M 41.69% | -84.762M 35.36% | -86.394M 40.57% | -86.394M 29.24% | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
21.07%
EPS Next 5 Year
14.89%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
139.21%
Revenue Next 5 Year
129.36%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
19.66%
EBIT Next 5 Year
25.05%
NIKOLA CORP / NKLA Forecast FAQ
What is the next earnings date for NKLA stock?
NIKOLA CORP (NKLA) will report earnings on 2025-05-05, after the market close.
What are the consensus estimates for NKLA stock next earnings?
The consensus EPS estimate for the next earnings of NIKOLA CORP (NKLA) is -2.59 USD and the consensus revenue estimate is 45.63M USD.
Can you provide the expected long term growth rate for NIKOLA CORP stock?
The expected long term growth rate for NIKOLA CORP (NKLA) is 139.21%.