Nikola Corp
General ticker "NKLA" information:
- Sector: Industrials
- Industry: Machinery
- Capitalization: $82.8M
Nikola Corp does not follow the US Stock Market performance with the rate: -37.1%.
Estimated limits based on current volatility of 7.4%: low 1.10$, high 1.28$
Factors to consider:
- Current price 91.5% below estimated low
- Earnings for 18 months up through Q2 (+1 year) are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [28.17$, 98.55$]
- 2023-12-31 to 2024-12-30 estimated range: [13.67$, 45.52$]
Financial Metrics affecting the NKLA estimates:
- Negative: Non-GAAP EPS, $ of -1.11 <= 0.10
- Negative: Operating profit margin, % of -93.64 <= 1.03
- Negative: Operating cash flow per share per price, % of -35.36 <= 2.35
- Negative: negative Net income
- Negative: Industry operating cash flow per share per price (median), % of 3.03 <= 3.85
- Negative: Industry inventory ratio change (median), % of 2.55 > 0.49
- Negative: Industry operating profit margin (median), % of 5.08 <= 6.82
Short-term NKLA quotes
Long-term NKLA plot with estimates
Financial data
| YTD | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Revenue | $0.10MM | $0.00MM | $50.83MM |
| Operating Expenses | $382.83MM | $693.53MM | $799.50MM |
| Operating Income | $-382.74MM | $-693.53MM | $-748.68MM |
| Non-Operating Income | $11.48MM | $6.67MM | $-14.89MM |
| Interest Expense | $0.00MM | $0.48MM | $17.71MM |
| R&D Expense | $185.62MM | $292.95MM | $273.77MM |
| Income(Loss) | $-371.25MM | $-686.85MM | $-763.57MM |
| Taxes | $-1.03MM | $0.00MM | $0.01MM |
| Other Income(Loss) | $-0.64MM | $-3.58MM | $-20.66MM |
| Profit(Loss) | $-370.87MM | $-690.44MM | $-784.24MM |
| Stockholders Equity | $980.14MM | $693.57MM | $526.48MM |
| Inventory | $0.00MM | $11.60MM | $123.20MM |
| Assets | $1,053.71MM | $989.82MM | $1,236.66MM |
| Operating Cash Flow | $-150.53MM | $-307.15MM | $-581.56MM |
| Capital expenditure | $22.32MM | $179.27MM | $170.73MM |
| Investing Cash Flow | $-31.14MM | $-207.48MM | $-225.65MM |
| Financing Cash Flow | $941.12MM | $187.60MM | $598.88MM |
| Earnings Per Share* | $-35.47 | $-51.90 | $-52.00 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.