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Is Nikola Corporation (NKLA) Stock a Smart Value?

Friday, October 22, 2021 01:41 PM | InvestorsObserver Analysts

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Is Nikola Corporation (NKLA) Stock a Smart Value?

Nikola Corporation (NKLA) stock has fallen -53.61% 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 34 out of a possible 100. That rank is primarily influenced by a short-term technical score of 12. NKLA's rank also includes a long-term technical score of 14. The fundamental score for NKLA is 76. 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 rise 78.15% over the next 12 months.

Overall Score - 34
NKLA has an Overall Score of 34. 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 lower by -4.92% while the S&P 500 has fallen -0.09% as of 1:34 PM on Friday, Oct 22. NKLA has fallen -$0.55 from the previous closing price of $11.08 on volume of 5,219,939 shares. Over the past year the S&P 500 is higher by 31.62% while NKLA has fallen -53.61%. 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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