Quick Look at Nikola (NKLA)

By Chris Stiles • Thursday, November 02 16:38 • Permanent Link

Mid-cap consumer discretionary company Nikola has moved 10.5% this evening, reaching $1.16 per share. In contrast, the average analyst target price for the stock is $2.42.

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions. The company is based in the United States.

What to Consider if You Are Thinking of Buying Nikola:

Nikola has moved -61.0% over the last year.
NKLA has a forward P/E ratio of -2.8 based on its EPS guidance of -0.42.
Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 2.8%.
The company has a price to earnings growth (PEG) ratio of -0.07.
Its Price to Book (P/B) ratio is 1.71

Nikola Has None

Date Reported	Cash Flow from Operations ($ k)	Capital expenditures ($ k)	Free Cash Flow ($ k)	YoY Growth (%)
2023	-594,917	138,151	-733,068	-1.86
2022	-581,563	138,151	-719,714	-47.96
2021	-307,154	179,269	-486,423	-181.4
2020	-150,533	22,324	-172,857	-114.39
2019	-80,627	nan	-80,627	-49.84
2018	-53,807	nan	-53,807

None

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.