Nikola Corp NKLA
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NKLA is a good fit for your portfolio.
News
-
M&M Residual and Trevor R. Milton Announce Concerns Related to Potential Fraud and Misconduct at Nikola Overseen by Steve Girsky, Britton Worthen and the Board of Directors
-
Nikola's proposal for reverse split sends its stock even further below $1
-
NIKOLA CORPORATION ANNOUNCES DATE FOR FIRST QUARTER 2024 RESULTS AND WEBCAST AND Q&A PLATFORM FOR SHAREHOLDERS
-
Nikola made more fuel-cell trucks in Q1 than it did in all of 2023; stock soars
-
NIKOLA PRODUCES 43, WHOLESALES 40 HYDROGEN FUEL CELL ELECTRIC TRUCKS FOR U.S. CUSTOMERS IN Q1 2024
-
Nikola's stock snaps long win streak as EV maker sues Heavy D, founder
-
NIKOLA CELEBRATES GRAND OPENING OF FIRST HYLA REFUELING STATION IN SOUTHERN CALIFORNIA
-
IMC UNVEILS DESIGN OF ITS 50 NIKOLA HYDROGEN FUEL CELL ELECTRIC TRUCKS AT GRAND OPENING OF SUSTAINABLE FACILITY
Trading Information
- Previous Close Price
- $0.64
- Day Range
- $0.61–0.65
- 52-Week Range
- $0.52–3.71
- Bid/Ask
- $0.64 / $0.64
- Market Cap
- $842.11 Mil
- Volume/Avg
- 10,610 / 96.8 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 14.07
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit and Energy business unit. The Truck business unit is engaged manufacturing and selling FCEV and BEV trucks that provide, environmentally friendly, cost effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet hydrogen fuel demand for the Company's customers.
- Sector
- Industrials
- Industry
- Farm & Heavy Construction Machinery
- Stock Style Box
- Small Value
- Total Number of Employees
- 870
- Website
- https://www.nikolamotor.com
Comparables
Valuation
Metric
|
NKLA
|
GOEV
|
PLUG
|
---|---|---|---|
Price/Earnings (Normalized) | — | — | — |
Price/Book Value | 1.17 | 0.52 | 0.52 |
Price/Sales | 14.07 | 96.28 | 1.66 |
Price/Cash Flow | — | — | — |
Price/Earnings
No chart available
Financial Strength
Metric
|
NKLA
|
GOEV
|
PLUG
|
---|---|---|---|
Quick Ratio | 1.89 | 0.03 | 0.52 |
Current Ratio | 2.20 | 0.18 | 1.85 |
Interest Coverage | −10.16 | −53.55 | −30.68 |
Quick Ratio
NKLA
GOEV
PLUG
Profitability
Metric
|
NKLA
|
GOEV
|
PLUG
|
---|---|---|---|
Return on Assets (Normalized) | −53.00% | −47.18% | −16.56% |
Return on Equity (Normalized) | −108.18% | −107.79% | −24.99% |
Return on Invested Capital (Normalized) | −62.64% | −78.56% | −20.05% |
Return on Assets
NKLA
GOEV
PLUG
Farm & Heavy Construction Machinery Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
CAT
| Caterpillar Inc | Cwbzhqlq | Prmh | $178.6 Bil | |
DE
| Deere & Co | Tfssxsyfj | Gktxs | $111.2 Bil | |
PCAR
| PACCAR Inc | Znrdgrtktf | Hwsllxs | $58.3 Bil | |
VOLAF
| Volvo AB Class A | — | Bhtc | $52.9 Bil | |
VLVLY
| Volvo AB ADR | — | Xnx | $52.9 Bil | |
VOLVF
| Volvo AB Class B | — | Mbyc | $52.2 Bil | |
CNHI
| CNH Industrial NV | Jdfqfrcy | Fmrpcr | $15.4 Bil | |
AGCO
| AGCO Corp | Nkhbvcvct | Tbr | $8.9 Bil | |
OSK
| Oshkosh Corp | Yymjnpb | Cbflc | $7.7 Bil | |
TEX
| Terex Corp | Zjjrlngxq | Wyyjxy | $4.1 Bil |