Find out what the future holds for Nikola stock forecast in this guide. Nikola is an electric vehicle company that has been the subject of much debate.
This page contains financial experts’ research and quotes. We present a selection of recent NKLA stock price forecasts, as well as an analysis of what the company is likely to be worth over the next decade.
Key Takeaway
- What is Nikola?
- Learn about the Nikola stock forecast for the upcoming years
- Things that affect the price of Nikola stock
About Nikola
Nikola Corporation is a technology innovator and integrator dedicated to the development of energy and transportation solutions. It is divided into two business units: Truck and Energy.
Truck develops and commercializes battery hydrogen-electric and battery-electric semi-trucks for the trucking industry. The Energy business unit designs and builds a network of hydrogen fueling stations, as well as provides BEV charging solutions to its FCEV and BEV customers, as well as third-party customers.
In collaboration with its business partners and suppliers, the company also assembles, integrates, and commissions its vehicles. The Nikola Corporation is based in Phoenix, Arizona.
Nikola (NKLA) Stock Forecast for 2023 – 2025 – 2030
We have provided an assortment of NKLA price predictions and associated quotations from some of the world’s leading financial institutions. Below are expert forecasts on the future of Nikola (NKLA). Read through them to learn more about Nikola stock’s potential in the coming year.
Nikola (NKLA) Stock forecast 2022
The majority of analysts predict that the value of Nikola stock will gradually rise throughout 2022. Although some believe that a share price of $25 is possible by year’s end, $15 seems to be a more widely accepted and conservative estimate.
Even the $11 estimate for NKLA’s lowest 12-month projection is a significant increase over its current price.
Nikola (NKLA) Stock Forecast 2023
Nikola’s credentials will have become clear by 2023. We will have more information about the hydrogen side of the business, as well as a better understanding of the project funding arrangements, production/delivery schedule, and success of the company’s reputation rebuild.
If the majority of these credentials have been improved, Nikola’s stock may rise once more above $20. But anything can go wrong, and in that case, Nikola’s stock could drop below $5.
Nikola (NKLA) Stock Forecast 2024
Nikola will either be a successful E.V. manufacturer by 2024 or an outmoded failure. The company will, in the best-case scenario, have begun to move up toward the $30 per share level it attained in 2020. If something goes wrong, the value of NKLA shares could be much lower than $5.
Nikola (NKLA) Stock Forecast 2025
The stock price forecast for NKLA is expected to return to previous highs of $66 by 2025. However, NKLA may turn into a penny stock (one worth less than $1) if the business fails to deliver on its promise.
Nikola (NKLA) Stock Forecast 2030
Nikola Corporation will either be a proven winner with a profitable track record by 2030, or it will be just another E.V. innovator consigned to the scrap heap.
If everything goes according to plan, the company does seem to have the technical capacity to compete with some of the oldest automotive manufacturers in the globe, and a climb towards the $100 per share range could have been attempted.
The business, however, could have equally easily gone bankrupt by 2030.
Best places to purchase Nikola stock
You must register for an account with an internet broker in order to purchase Nikola stock online. Below, you’ll find a list of some of the top platforms you can utilize, all of which provide low-cost, simple trading services for a number of stocks. To sign up, select one of the links.
#1. Saxo markets:
Saxo Markets offers individual investors and traders an ideal platform for trading in a wide range of markets at a cheap cost. This online broker charges substantially cheaper commissions than its competitors and provides an excellent user experience because of its simple layout.
Min. Deposit: $ 1500
Pros
- Low fee with a great user interface
- Access to international markets
- Fees for higher-tier monthly plans can be waived with points
Cons
- Not the best option for investors exclusively seeking to invest in international markets5
#2. Pacific Union
Pacific Union was founded in 2015 and is now one of the world’s leading online brokerages. Pacific Union allows you to trade over 200 assets, including forex, indices, commodities, stocks, and cryptocurrencies.
Traders can select from a variety of cutting-edge trading terminals. Pacific Union provides top-tier multilingual support to customers from 120 countries and territories.
Min. Deposit: $ 50
#3. Trading 212
Although Trading 212 is a global CFD broker, clients can also trade stocks and ETFs for free. The company was established and launched in 2004 and is now based in London.
The U.K. Financial Conduct Authority (FCA), the Cypriot Cyprus Securities and Exchange Commission (CySEC), and the Bulgarian Financial Supervision Commission all regulate Trading 212. (FSC). Trading 212 is considered a safe broker as it is regulated by the top-tier FCA.
Pros
- Real stocks and ETFs are commission-free
- fast and easy account opening
- excellent trading platforms
Cons
- Limited product portfolio
- High forex fees
- USD unavailable as account currency
Min. Deposit: $ 10
What affects the price of NKLA?
Below are some of the key factors that affect the stock price of NKLA.
Trading volume:
This is an important feature of every stock’s price behaviour. When trading volume is large, it suggests strong interest in a company, and when trading volume is low, it signals minimal interest. Because Nikola’s share price is unproven, maintaining a steady trading volume and staying in the press is critical.
Short positions:
This is a significant dynamic in the stock market. Institutional investors frequently hold big short positions on firms they believe are doomed to fail. Just under 30% of Nikola shares are sold short – a sizable percentage but should be expected from a hazardous company.
Stock market speculation:
As a highly speculative E.V. play, NKLA’s market performance is heavily reliant on marketing. So, if a merger or acquisition is in the works or if a favourable press announcement is on the horizon, Nikola stock will grow in value.
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FAQS
Is Nikola a buy-hold or sell?
The average rating score is based on 4 buy ratings, 8 hold ratings, and zero sell ratings.
What is the target price for Nikola stock?
The consensus 12-month price target for Nikola Corp from the 8 analysts providing 12-month forecasts is 9.00, with a high estimate of 15.00 and a minimum estimate of 6.00. The median estimate is a +179.94% increase over the previous price of 3.22.
Who owns the most NKLA stock?
Trevor Milton is the largest shareholder, accounting for 12% of all outstanding shares, according to our data. T&M Residual Llc is the company’s second-largest shareholder, owning 9.2% of the common stock, while CNH Industrial N.V. owns roughly 5.9%.
Will Nikola pay dividends?
Nikola (NKLA) dividend payment and yield data since 1971. Nikola (NKLA) currently has a TTM dividend payout of $0.00 as of October 26, 2022. Nikola’s current dividend yield as of October 26, 2022, is 0.00%.
Is Nikola a good investment
Your personal research and trading approach will determine whether Nikola is a good investment for you. You must conduct your own research and determine whether the stock satisfies your needs and level of risk tolerance.
What is Nikola’s stock symbol?
The NASDAQ trades Nikola under the ticker “NKLA.”
You can learn more from the video below:
About Author
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