Key Details
Price
$1.65Annual Revenue
$35.84 MAnnual EPS
-$36.30Annual ROE
-155.14%Beta
1.60Events Calendar
Next earnings date:
Feb 21, 2025Recent quarterly earnings:
Oct 31, 2024Recent annual earnings:
Feb 22, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
N/ANext split:
N/ARecent split:
June 25, 2024Analyst ratings
Recent major analysts updates
Market Data
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Institutional Ownership
Nikola Corp., a producer of battery and hydrogen-electric trucks, has taken several steps to repay its debts and raise equity, including offering up to $100 million in a common stock sale.
Plug Power and Nikola could be good longshot plays in this nascent market.
Nikola (NKLA) stock price has imploded as the company continues to face commercialization and balance sheet concerns. It has crashed by 87% this year and is trading at its lowest level on record, giving it a market cap of over $200 million.
The trucking company is making progress in developing its innovative alternative fuel trucks.
On Thursday, zero-emission transportation start-up Nikola Corporation ("Nikola") reported another set of uninspiring quarterly results. The company continues to burn substantial amounts of cash. During the quarter, cash usage increased by 10% sequentially to $162.9 million. Management warned of funds running out in Q1/2025 - as a result, investors will likely have to prepare for additional, near-term dilution.
Nikola Corporation (NASDAQ:NKLA ) Q3 2024 Results Conference Call October 31, 2024 10:30 AM ET Company Participants Soei Shin - Head of Investor Relations Steve Girsky - President and CEO Tom Okray - CFO Conference Call Participants Mike Shlisky - D. A. Davidson Ben Kallo - Baird Soei Shin Welcome to Nikola Corporation's third quarter 2024 earnings and business update call.
Nikola reported a bigger-than-expected quarterly loss on Thursday as the company continues to grapple with high costs related to the production ramp up of its fuel-cell electric truck, sending the EV maker's shares down more than 5%.
PHOENIX , Oct. 3, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand , today announced it will report its third quarter ended September 30, 2024 financial results and business updates on Thursday, October 31, 2024. On that day, Nikola's management will hold a conference call and webcast at 10:30 a.m.
The Nikola Corporation (NASDAQ: NKLA) once touted as the ‘Tesla of trucking' has had an extremely bumpy ride since first going public in 2020.
Nikola said on Wednesday it delivered 88 hydrogen fuel cell electric trucks to its dealers in the third quarter, up from 72 trucks in the previous three-month period, signaling steady demand for the company's big rigs.
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