Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Nikola Corporation    NKLA

NIKOLA CORPORATION

(NKLA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector news

Nikola : Tesla shares rally again, boosted by 'Battery Day' excitement

share with twitter share with LinkedIn share with facebook
09/15/2020 | 10:48am EDT
FILE PHOTO: Tesla electric vehicles for test driving are parked in Hanam

Tesla Inc's stock was set for a fifth consecutive session of gains as anticipation heats up for its "Battery Day" event next week, recouping some of its recent valuation slump following a sell-off and surprise exclusion from the S&P.

The company's shares were up as much as 4.4% at $437.89 in early trading on Tuesday, still $65 per share shy from its early September highs.

Traders told Reuters the recent gains were in anticipation of the electric-car maker's "Battery Day" next week, where Chief Executive Officer Elon Musk is expected to tout the latest improvements in Tesla's battery technology.

"That's given ammunition for the bulls again," Keith Temperton, sales trader at Forte Securities said.

"The battery side is critical for what happens to Tesla. Otherwise it's literally just another carmaker. If that proves to be a game-changer, then the stock goes higher again," Temperton added.

Wall Street analysts are still not fully convinced about Tesla's long-term prospects. The average rating on the company's stock is "hold" and median PT is almost $140 short of current trading levels, according to Refinitiv Eikon data.

Shares of electric-vehicle maker Nikola Corp, which is in a public spat with a short-seller that has accused the company of "fraud", were down nearly 8%.

(Reporting by Munsif Vengattil and Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)

Stocks mentioned in the article
ChangeLast1st jan.
NIKOLA CORPORATION 1.88% 19.46 Delayed Quote.88.57%
TESLA, INC. 5.04% 407.34 Delayed Quote.386.86%
share with twitter share with LinkedIn share with facebook
All news about NIKOLA CORPORATION
09/26NIKOLA : ROSEN, A TOP RANKED LAW FIRM, Reminds Nikola Corporation Investors of I..
PR
09/26KESSLER TOPAZ MELTZER & CHECK, LLP : Announces A Securities Fraud Class Action F..
PR
09/25JOHNSON & JOHNSON, NIKE, ILLUMINA : Stocks That Defined the Week
DJ
09/25NIKOLA INVESTORS : November 16, 2020 Filing Deadline in Class Action – Con..
BU
09/25IPO Market Parties Like It's 1999 -2-
DJ
09/24Wall Street closes up on tech rally despite mixed signs on economic rebound
RE
09/24Wall Street closes up on tech rally despite mixed signs on economic rebound
RE
09/24California's Ban on New Gas Cars Further Upends Auto Industry -- 2nd Update
DJ
09/24California's Ban on New Gas Cars Further Upends Auto Industry -- Update
DJ
09/24California's Ban on New Gas Cars Further Upends Auto Industry
DJ
More news
Financials (USD)
Sales 2020 0,14 M - -
Net income 2020 -385 M - -
Net cash 2020 549 M - -
P/E ratio 2020 -18,5x
Yield 2020 -
Capitalization 7 375 M 7 375 M -
EV / Sales 2020 49 284x
EV / Sales 2021 83,1x
Nbr of Employees 256
Free-Float 91,5%
Chart NIKOLA CORPORATION
Duration : Period :
Nikola Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NIKOLA CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 37,00 $
Last Close Price 19,46 $
Spread / Highest target 306%
Spread / Average Target 90,1%
Spread / Lowest Target -22,9%
EPS Revisions
Managers
NameTitle
Mark A. Russell President, Chief Executive Officer & Director
Trevor Milton Executive Chairman
Kim J. Brady Chief Financial Officer & Director
Dane Davis Chief Technology Officer
Isaac Sloan Chief Information Officer & Software Architect
Sector and Competitors
1st jan.Capitalization (M$)
NIKOLA CORPORATION88.57%7 375
TESLA, INC.386.86%379 563
TOYOTA MOTOR CORPORATION-8.85%186 099
VOLKSWAGEN AG-24.36%81 340
DAIMLER AG-10.50%54 921
BMW AG-19.25%44 361