| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/31/2023 | 9.88% | DA Davidson | $1 → $3 | Maintains | Neutral |
| 05/10/2023 | -63.37% | TD Cowen | $5 → $1 | Downgrades | Outperform → Market Perform |
| 03/31/2023 | — | BTIG | Downgrades | Buy → Neutral | |
| 03/14/2023 | 9.88% | Morgan Stanley | → $3 | Initiates Coverage On | → Equal-Weight |
| 03/13/2023 | 9.88% | Morgan Stanley | → $3 | Initiates Coverage On | → Equal-Weight |
| 02/24/2023 | 9.88% | Deutsche Bank | $5 → $3 | Maintains | Hold |
| 02/24/2023 | 83.13% | Cowen & Co. | $10 → $5 | Maintains | Outperform |
| 01/17/2023 | 83.13% | BTIG | $7 → $5 | Reiterates | → Buy |
| 11/04/2022 | 119.76% | Wedbush | $10 → $6 | Maintains | Neutral |
| 09/14/2022 | 339.51% | BTIG | → $12 | Upgrades | Neutral → Buy |
| 02/25/2022 | 302.89% | Deutsche Bank | $19 → $11 | Maintains | Hold |
| 11/08/2021 | 339.51% | DA Davidson | $10 → $12 | Maintains | Neutral |
| 11/05/2021 | 302.89% | RBC Capital | $9 → $11 | Maintains | Sector Perform |
| 11/05/2021 | — | BTIG | Downgrades | Buy → Neutral | |
| 08/11/2021 | 266.26% | DA Davidson | → $10 | Initiates Coverage On | → Neutral |
| 05/28/2021 | 559.27% | BTIG | → $18 | Initiates Coverage On | → Buy |
| 05/10/2021 | 486.02% | Deutsche Bank | $19 → $16 | Maintains | Hold |
| 03/26/2021 | 779.02% | Vertical Research | → $24 | Initiates Coverage On | → Buy |
| 03/05/2021 | 998.78% | JP Morgan | $33 → $30 | Downgrades | Overweight → Neutral |
| 02/01/2021 | 815.65% | Wedbush | $15 → $25 | Upgrades | Underperform → Neutral |
| 12/16/2020 | 632.52% | Evercore ISI Group | → $20 | Initiates Coverage On | → In-Line |
| 11/20/2020 | 1181.91% | Loop Capital | → $35 | Initiates Coverage On | → Buy |
| 09/24/2020 | 449.39% | Wedbush | $45 → $15 | Downgrades | Neutral → Underperform |
| 09/22/2020 | 962.15% | Deutsche Bank | $50 → $29 | Maintains | Hold |
| 09/09/2020 | 1694.67% | RBC Capital | $46 → $49 | Maintains | Sector Perform |
| 08/26/2020 | 1548.17% | Wedbush | → $45 | Initiates Coverage On | → Neutral |
| 08/24/2020 | 1548.17% | Wedbush | → $45 | Initiates Coverage On | → Neutral |
| 07/16/2020 | 1877.8% | Deutsche Bank | → $54 | Initiates Coverage On | → Hold |
| 07/08/2020 | 1548.17% | JP Morgan | → $45 | Upgrades | Neutral → Overweight |
| 07/07/2020 | 1584.8% | RBC Capital | → $46 | Initiates Coverage On | → Sector Perform |
| 06/22/2020 | 1548.17% | JP Morgan | → $45 | Initiates Coverage On | → Neutral |
| 06/17/2020 | 2793.45% | Cowen & Co. | → $79 | Initiates Coverage On | → Outperform |
What is the target price for Nikola (NKLA)?
The latest price target for Nikola (NASDAQ: NKLA) was reported by TD Cowen on May 10, 2023. The analyst firm set a price target for $1.00 expecting NKLA to fall to within 12 months (a possible -63.37% downside). 9 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Nikola (NKLA)?
The latest analyst rating for Nikola (NASDAQ: NKLA) was provided by TD Cowen, and Nikola downgraded their market perform rating.
When is the next analyst rating going to be posted or updated for Nikola (NKLA)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nikola, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nikola was filed on May 10, 2023 so you should expect the next rating to be made available sometime around May 10, 2024.
Is the Analyst Rating Nikola (NKLA) correct?
While ratings are subjective and will change, the latest Nikola (NKLA) rating was a downgraded with a price target of $5.00 to $1.00. The current price Nikola (NKLA) is trading at is $2.73, which is out of the analyst's predicted range.
