Wall Street is positive on Nikola Corporation (NKLA). On average, analysts give NKLA a Buy rating. The average price target is $18.777, which means analysts expect the stock to gain by 72.11% over the next twelve months.
That average ranking earns NKLA an Analyst Rating of 24, which is better than 24% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating NKLA a Buy today. Find out what this means to you and get the rest of the rankings on NKLA!
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Nikola Corporation Stock Today?
Nikola Corporation (NKLA) stock is trading at $10.91 as of 1:01 PM on Wednesday, Sep 22, a rise of $0.20, or 1.9% from the previous closing price of $10.71. The stock has traded between $10.61 and $11.08 so far today. Volume today is below average. So far 4,402,913 shares have traded compared to average volume of 12,824,473 shares.
Click Here to get the full Stock Report for Nikola Corporation stock.
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