Should You Accumulate Nikola Corp (NKLA) Stock Friday Morning?

Nikola Corp (NKLA) has risen Friday morning, with the stock climbing 1.69% in pre-market trading to 5.41. NKLA's short-term technical score of 49 indicates that the stock has traded less bullishly over the last month than 51% of stocks on the market. In the Farm & Heavy Construction Machinery industry, which ranks 103 out of 146 industries, Nikola Corp ranks higher than 47% of stocks. Nikola Corp has fallen 23.56% over the past month, closing at $8.05 on August 5. During this period of time, the stock fell as low as $5.36 and as high as $8.97. NKLA has an average analyst recommendation of Buy. The company has an average price target of $9.75.

NKLA has an Overall Score of 52. Find out what this means to you and get the rest of the rankings on NKLA!

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Nikola Corp has a Long-Term Technical rank of 37. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 63% of the market scoring higher. In the Farm & Heavy Construction Machinery industry which is number 138 by this metric, NKLA ranks better than 138% of stocks.

Important Dates for Investors in NKLA:

-Nikola Corp is set to release earnings on 11/2/2022. Over the last 12 months, the company has reported EPS of $-1.85. -We do not have a set dividend date for Nikola Corp at this time. Click Here To Get The Full Report on Nikola Corp (NKLA)