Should You Buy Nikola Corp (NKLA) Stock Monday Morning?

Nikola Corp (NKLA) is higher by Monday morning, with the stock gaining 1.72% in pre-market trading to 2.36. NKLA's short-term technical score of 33 indicates that the stock has traded less bullishly over the last month than 67% of stocks on the market. In the Farm & Heavy Construction Machinery industry, which ranks 74 out of 146 industries, NKLA ranks higher than 31% of stocks. Nikola Corp has fallen 21.89% over the past month, closing at $3.08 on November 14. During this period of time, the stock fell as low as $2.30 and as high as $3.20. NKLA has an average analyst recommendation of Buy. The company has an average price target of $7.20.

NKLA has an Overall Score of 46. 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 11. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 89% of the market scoring higher. In the Farm & Heavy Construction Machinery industry which is number 45 by this metric, NKLA ranks better than 45% of stocks.

Important Dates for Investors in NKLA:

-Nikola Corp is set to release earnings on 2/1/2023. Over the last 12 months, the company has reported EPS of $-1.71. -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)