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
-
Nikola 2Q Sales Beat Management Expectations
-
NIKOLA WHOLESALES 72 HYDROGEN FUEL CELL TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q2 2024, EXCEEDS SALES GUIDANCE
-
EV stocks trade mostly lower in the wake of Fisker's bankruptcy
-
NIKOLA AND AiLO LOGISTICS ANNOUNCE ORDER FOR 100 HYDROGEN FUEL CELL ELECTRIC TRUCKS
-
Zeekr's stock soars, valuing the China-based EV maker at more than $6.5 billion
-
NIKOLA EXPANDS HYDROGEN NETWORK WITH INAUGURATION OF SECOND HYLA REFUELING STATION IN SOUTHERN CALIFORNIA
-
Nikola's stock drops as revenue fell to less than half what was expected
-
Nikola Corporation Reports First Quarter 2024 Results
Trading Information
- Previous Close Price
- $8.04
- Day Range
- $8.04–8.44
- 52-Week Range
- $7.25–111.15
- Bid/Ask
- $8.36 / $8.39
- Market Cap
- $380.29 Mil
- Volume/Avg
- 239,410 / 3.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 8.18
- 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
|
FSRNQ
|
HYLN
|
---|---|---|---|
Price/Earnings (Normalized) | — | — | — |
Price/Book Value | 0.61 | — | 0.99 |
Price/Sales | 8.18 | 0.02 | 790.00 |
Price/Cash Flow | — | — | — |
Price/Earnings
NKLA
FSRNQ
HYLN
Financial Strength
Metric
|
NKLA
|
FSRNQ
|
HYLN
|
---|---|---|---|
Quick Ratio | 1.40 | 0.45 | 13.48 |
Current Ratio | 1.73 | 1.02 | 14.67 |
Interest Coverage | −11.54 | −50.39 | — |
Quick Ratio
NKLA
FSRNQ
HYLN
Profitability
Metric
|
NKLA
|
FSRNQ
|
HYLN
|
---|---|---|---|
Return on Assets (Normalized) | −53.52% | −26.99% | −24.55% |
Return on Equity (Normalized) | −105.52% | −154.45% | −26.17% |
Return on Invested Capital (Normalized) | −63.23% | −39.70% | −29.57% |
Return on Assets
NKLA
FSRNQ
HYLN
Farm & Heavy Construction Machinery Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
Caterpillar Inc
CAT
| Svjpzfy | Ydb | $160.3 Bil | |||
Deere & Co
DE
| Ylydpsxlfj | Vbx | $100.6 Bil | |||
PACCAR Inc
PCAR
| Dytjyrrf | Tsszffh | $52.9 Bil | |||
Volvo AB Class B
VOLVF
| — | Cndbxt | $51.2 Bil | |||
Volvo AB Class A
VOLAF
| — | Rbwyr | $51.2 Bil | |||
Volvo AB ADR
VLVLY
| — | Tgfmkyg | $51.2 Bil | |||
CNH Industrial NV
CNH
| Prnjccrv | Hvqlwd | $12.3 Bil | |||
AGCO Corp
AGCO
| Qjnykwnsr | Whngt | $7.2 Bil | |||
Oshkosh Corp
OSK
| Zbvlmjzl | Vxwjnn | $6.9 Bil | |||
Terex Corp
TEX
| Gcjtnrd | Qlwpcv | $3.6 Bil |