Analyst Price Targets — NKLA
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| August 8, 2024 4:56 am | Michael Shlisky | D.A. Davidson | $12.00 | $7.33 | StreetInsider | Nikola Corp. (NKLA) PT Raised to $12 at DA Davidson |
| July 3, 2024 6:58 am | Ben Kallo | Robert W. Baird | $14.00 | $8.04 | TheFly | Nikola price target lowered to $14 from $60 at Baird |
| June 12, 2024 2:52 pm | Michael Shlisky | D.A. Davidson | $29.70 | $14.97 | StreetInsider | DA Davidson Reiterates Neutral Rating on Nikola Corp. (NKLA) |
| May 16, 2024 4:54 am | Thomas Mordelle | Bryan Garnier & Co Ltd | $29.70 | $16.60 | TheFly | Nikola initiated with a Buy at Bryan Garnier |
| September 14, 2022 5:13 am | Gregory Lewis | BTIG | $356.40 | $149.40 | TheFly | Nikola upgraded to Buy from Neutral at BTIG |
| August 24, 2022 1:40 pm | Emmanuel Rosner | Deutsche Bank | $237.60 | $173.10 | Pulse 2.0 | Nikola (NKLA) Stock: $8 Target And Hold Rating |
| June 28, 2022 9:25 am | Chris McNally | Evercore ISI | $297.00 | $157.20 | Pulse 2.0 | Nikola (NKLA) Stock: $10 Target And In-Line Rating |
| May 10, 2022 2:51 pm | Daniel Ives | Wedbush | $297.00 | $164.70 | Pulse 2.0 | Nikola (NKLA) Stock: $10 Price Target From Wedbush |
Latest News for NKLA
The California-based startup has struggled with sales, quality issues and turnover.
Sweden's Polestar reported a 4% fall in quarterly sales volumes on Thursday, weeks after the EV maker was handed a U.S. market ban starting in the 2027 model year, adding to its ongoing struggles to turn a profit.
Demand for electrified cars continued to underpin growth in Europe's auto market in May, offsetting a sharp decline in petrol and diesel sales and allowing Chinese brands to expand their footprint, data from the European Automobile Manufacturers' Association (ACEA) showed on Tuesday.
EV maker Lucid Group said on Monday it will reduce its U.S. workforce by about 18%.
Rivian laid off hundreds of workers in its service and customer division as the EV maker restructures teams to profitably scale its business.
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