Reasons why Nikola Corp’s (NASDAQ:NKLA) fundamentals are futile

In yesterday’s Wall Street session, Nikola Corp (NASDAQ:NKLA) shares traded at $0.60, down -6.32% from the previous session. NKLA stock price is now -14.84% away from the 50-day moving average and -48.24% away from the 200-day moving average. The market capitalization of the company currently stands at $805.51M. With the price target of $2, Robert […]

Can Nikola Corp (NKLA) stock recover despite sales dropping?

In yesterday’s Wall Street session, Nikola Corp (NASDAQ:NKLA) shares traded at $0.69, down -3.79% from the previous session. NKLA stock price is now -37.42% away from the 50-day moving average and -48.18% away from the 200-day moving average. The market capitalization of the company currently stands at $677.33M. With the price target reduced from $5 […]

Does Nikola Corp (NASDAQ:NKLA) have deteriorating prospects?

Nikola Corp (NASDAQ:NKLA) shares traded -0.98% lower at $1.01 on Wall Street last session. In accordance with the data, 7 analysts cover Nikola Corp (NASDAQ:NKLA). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $4.00 and a low of $1.00, we find […]

A breakdown of the latest mutual funds holding Nikola Corp (NKLA)

Stocks of Nikola Corp (NASDAQ:NKLA) traded higher last session on Wall Street, down -5.08% to $0.99. According to the data, Nikola Corp (NASDAQ:NKLA) has 7 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $4.00 and a low […]

How should investors evaluate Nikola Corp (NASDAQ:NKLA)?

Stocks of Nikola Corp (NASDAQ:NKLA) traded higher last session on Wall Street, up 4.59% to $1.01. According to the data, Nikola Corp (NASDAQ:NKLA) has 8 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $4.00 and a low […]

Does Nikola Corp (NASDAQ:NKLA) have deteriorating prospects?

Nikola Corp (NASDAQ:NKLA) shares traded -3.95% lower at $1.10 on Wall Street last session. In accordance with the data, 8 analysts cover Nikola Corp (NASDAQ:NKLA). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $4.00 and a low of $1.00, we find […]

Can Nikola Corp (NKLA) stock recover despite sales dropping?

In yesterday’s Wall Street session, Nikola Corp (NASDAQ:NKLA) shares traded at $1.04, up 0.97% from the previous session. 8 analysts cover Nikola Corp (NASDAQ:NKLA), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $5.00 and a low of […]