NIKOLA CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.6434 USD | +7.23% |
|
-0.08% | -26.45% |
| Apr. 24 | S&P, Nasdaq futures advance on tech boost, earnings cheer | RE |
| Apr. 11 | M&M Residual Announces Withdrawal of Nomination of Directors to Nikola Board | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,861 | 3,991 | 1,108 | 1,013 | 872.6 | - | - |
| Enterprise Value (EV) 1 | 5,038 | 3,519 | 1,229 | 826.2 | 897.2 | 1,352 | 1,698 |
| P/E ratio | -12.8 x | -5.71 x | -1.21 x | -0.72 x | -1.68 x | -1.7 x | -5.85 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 61,697 x | - | 21.8 x | 28.3 x | 5.05 x | 1.75 x | 0.61 x |
| EV / Revenue | 53,035 x | - | 24.2 x | 23.1 x | 5.2 x | 2.71 x | 1.18 x |
| EV / EBITDA | -25.1 x | -11.6 x | -2.73 x | -1.59 x | -2.36 x | -5.35 x | 1,698 x |
| EV / FCF | -29.1 x | -7.23 x | -1.64 x | -1.34 x | -2.19 x | -4.73 x | -10.2 x |
| FCF Yield | -3.43% | -13.8% | -60.8% | -74.6% | -45.7% | -21.1% | -9.76% |
| Price to Book | 6.04 x | 5.88 x | 2.1 x | 1.62 x | 1.41 x | 3.6 x | 13.4 x |
| Nbr of stocks (in thousands) | 384,088 | 404,378 | 512,785 | 1,157,633 | 1,356,176 | - | - |
| Reference price 2 | 15.26 | 9.870 | 2.160 | 0.8748 | 0.6434 | 0.6434 | 0.6434 |
| Announcement Date | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 0.095 | - | 50.82 | 35.84 | 172.7 | 498.8 | 1,437 |
| EBITDA 1 | -200.5 | -302.7 | -450.2 | -519.3 | -379.7 | -252.4 | 1 |
| EBIT 1 | -205.6 | -693.5 | -748.7 | -649.8 | -441.9 | -337.1 | -138.5 |
| Operating Margin | -216,469.47% | - | -1,473.05% | -1,813.19% | -255.93% | -67.57% | -9.64% |
| Earnings before Tax (EBT) 1 | -384.7 | -686.9 | -763.6 | -848.2 | -471.3 | -376.3 | -181.3 |
| Net income 1 | -397.7 | -690.4 | -784.2 | -966.3 | -470.4 | -434.9 | -160.1 |
| Net margin | -418,653.68% | - | -1,543.02% | -2,696.17% | -272.43% | -87.19% | -11.14% |
| EPS 2 | -1.190 | -1.730 | -1.780 | -1.210 | -0.3840 | -0.3783 | -0.1100 |
| Free Cash Flow 1 | -172.9 | -486.4 | -747.4 | -616.7 | -409.6 | -285.6 | -165.7 |
| FCF margin | -181,954.74% | - | -1,470.6% | -1,720.73% | -237.23% | -57.24% | -11.53% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | 1.887 | 18.13 | 24.24 | 6.563 | 11.12 | 15.36 | -1.732 | 11.53 | 14.34 | 25.19 | 48.89 | 86.13 | 108.4 |
| EBITDA 1 | -85.02 | -90.38 | -79.15 | -94.34 | -105.9 | -166.8 | -126.7 | -125.1 | -188.6 | -102 | -89.53 | -92.3 | -94.8 | -103 | -76.25 |
| EBIT 1 | -271.8 | -162.7 | -151.3 | -172.2 | -229.7 | -195.4 | -151 | -168.6 | -226.2 | -127.8 | -102.5 | -107.9 | -111.1 | -118.5 | -94.7 |
| Operating Margin | - | - | -8,018.49% | -949.77% | -947.64% | -2,977.62% | -1,358.68% | -1,097.68% | 13,058.14% | -1,108.53% | -714.42% | -428.43% | -227.26% | -137.62% | -87.39% |
| Earnings before Tax (EBT) 1 | -266.4 | -158.9 | -150.1 | -171.7 | -234.2 | -207.5 | -160.7 | -132.4 | -425.5 | -153.5 | -110.1 | -117 | -124.7 | -118.6 | -103.9 |
| Net income 1 | -267.6 | -159.4 | -152.9 | -173 | -236.2 | -222.1 | -169.1 | -217.8 | -425.8 | -153.6 | -112.3 | -116.9 | -125.6 | -116.9 | -104 |
| Net margin | - | - | -8,104.98% | -953.99% | -974.52% | -3,383.61% | -1,521.04% | -1,417.97% | 24,582.22% | -1,331.91% | -782.86% | -464.21% | -256.95% | -135.76% | -95.92% |
| EPS 2 | -0.6700 | -0.3900 | -0.3700 | -0.4100 | -0.5400 | -0.4600 | -0.3100 | -0.3100 | -0.5000 | -0.1400 | -0.0950 | -0.0950 | -0.1275 | -0.0775 | -0.0900 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 2/24/22 | 5/5/22 | 8/4/22 | 11/3/22 | 2/23/23 | 5/9/23 | 8/4/23 | 11/2/23 | 2/22/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 121 | - | 24.6 | 479 | 825 |
| Net Cash position 1 | 823 | 472 | - | 186 | - | - | - |
| Leverage (Debt/EBITDA) | - | - | -0.2695 x | - | -0.0648 x | -1.898 x | 825 x |
| Free Cash Flow 1 | -173 | -486 | -747 | -617 | -410 | -286 | -166 |
| ROE (net income / shareholders' equity) | -65% | -82.5% | -80.5% | -101% | -75% | -94.8% | -138% |
| ROA (Net income/ Total Assets) | -59.9% | -67.6% | -44.1% | -50.3% | -38.5% | -25.8% | -11.1% |
| Assets 1 | 664 | 1,022 | 1,777 | 1,922 | 1,221 | 1,689 | 1,448 |
| Book Value Per Share 2 | 2.530 | 1.680 | 1.030 | 0.5400 | 0.4600 | 0.1800 | 0.0500 |
| Cash Flow per Share 2 | -0.4500 | -0.7700 | -1.310 | -0.6200 | -0.3000 | -0.2200 | -0.1200 |
| Capex 1 | 22.3 | 179 | 171 | 121 | 67.7 | 67.1 | 68.3 |
| Capex / Sales | 23,498.95% | - | 335.91% | 336.27% | 39.19% | 13.46% | 4.76% |
| Announcement Date | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
0.6434
USD
Average target price
1.917
USD
Spread / Average Target
+197.90%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -26.45% | 873M | |
| -32.27% | 537B | |
| -33.10% | 26.57B | |
| -50.50% | 9.29B | |
| -46.26% | 7.4B | |
| -68.94% | 6.08B | |
| -41.57% | 5.68B | |
| 0.00% | 3.92B | |
| -30.11% | 4.26B | |
| -47.79% | 2.49B |
- Stock Market
- Equities
- NKLA Stock
- Financials Nikola Corporation
