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Is Nikola Corporation (NKLA) Stock a Good Value?

Thursday, September 16, 2021 12:55 PM | InvestorsObserver Analysts

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Is Nikola Corporation (NKLA) Stock a Good Value?

Nikola Corporation (NKLA) stock has fallen -69.80% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives NKLA stock a score of 29 out of a possible 100. That rank is primarily influenced by a short-term technical score of 1. NKLA's rank also includes a long-term technical score of 4. The fundamental score for NKLA is 83. In addition to the average rating from Wall Street analysts, NKLA stock has a mean target price of $18.78. This means analysts expect the stock to increase 86.84% over the next 12 months.

Overall Score - 29
NKLA has an Overall Score of 29. Find out what this means to you and get the rest of the rankings on NKLA!

What's Happening with NKLA Stock Today

Nikola Corporation (NKLA) stock is up 2.92% while the S&P 500 has fallen -0.39% as of 12:52 PM on Thursday, Sep 16. NKLA has gained $0.28 from the previous closing price of $9.76 on volume of 7,146,184 shares. Over the past year the S&P 500 has risen 31.83% while NKLA has fallen -69.80%. NKLA lost -$1.25 per share in the over the last 12 months. Click Here to get the full Stock Report for Nikola Corporation stock.

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