Nikola Corporation engages in the development and integration of energy and transportation solutions in the United States. The company operates in two business units: Truck and Energy. The Truck business unit develops and commercializes battery-electric (BEV) and fuel cell electric (FCEV) Class 8 trucks for the short, medium, and long haul trucking sector. It also offers hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, and energy storage systems. The Energy business unit develops and constructs a network of hydrogen fueling stations for FCEV customers. The company was founded in 2015 and is headquartered in Phoenix, Arizona.
IPO Year: 2018
Exchange: NASDAQ
Website: nikolamotor.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/7/2024 | Buy → Neutral | Bryan Garnier | |
| 5/16/2024 | $1.00 | Buy | Bryan Garnier |
| 4/9/2024 | Peer Perform | Wolfe Research | |
| 1/24/2024 | $2.00 | Outperform | Robert W. Baird |
| 5/10/2023 | $5.00 → $1.00 | Outperform → Market Perform | TD Cowen |
| 3/31/2023 | Buy → Neutral | BTIG Research | |
| 3/13/2023 | $3.00 | Equal-Weight | Morgan Stanley |
| 1/17/2023 | $7.00 → $5.00 | Buy | BTIG Research |
| 9/14/2022 | $12.00 | Neutral → Buy | BTIG Research |
| 2/25/2022 | $11.00 → $8.00 | Sector Perform | RBC Capital Mkts |