NKLA - Nikola Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
0.5855
+0.0113 (+1.97%)
At close: 04:00PM EDT
0.5845 -0.00 (-0.17%)
After hours: 07:57PM EDT
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Previous Close0.5742
Open0.6000
Bid0.5820 x 4000
Ask0.5840 x 2200
Day's Range0.5625 - 0.6018
52 Week Range0.5500 - 8.9700
Volume34,729,011
Avg. Volume26,812,042
Market Cap419.679M
Beta (5Y Monthly)1.43
PE Ratio (TTM)N/A
EPS (TTM)-1.6200
Earnings DateAug 02, 2023 - Aug 07, 2023
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est3.29
  • Reuters

    RPT-UPDATE 1-Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules

    Electric truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq's minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday. Nikola, which closed at about 57 cents on Thursday as it battles mounting losses, high cash burn and sluggish demand for its battery-powered trucks, said last week it received a delisting notice from the stock exchange. Nasdaq requires shares trade above $1 and sends a notice if one trades below that mark for 30 consecutive business days.

  • Reuters

    UPDATE 1-Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules

    Electric truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq's minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday. Nikola, which closed at about 57 cents on Thursday as it battles mounting losses, high cash burn and sluggish demand for its battery-powered trucks, said last week it received a delisting notice from the stock exchange. Nasdaq requires shares trade above $1 and sends a notice if one trades below that mark for 30 consecutive business days.

  • Reuters

    Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules

    SAN FRANCISCO (Reuters) -Electric truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq's minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday. Nikola, which closed at about 57 cents on Thursday as it battles mounting losses, high cash burn and sluggish demand for its battery-powered trucks, said last week it received a delisting notice from the stock exchange. Nasdaq requires shares trade above $1 and sends a notice if one trades below that mark for 30 consecutive business days.

  • Zacks

    Down -33.42% in 4 Weeks, Here's Why Nikola (NKLA) Looks Ripe for a Turnaround

    The heavy selling pressure might have exhausted for Nikola (NKLA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

  • Yahoo Finance Video

    Nikola issued delisting warning from Nasdaq

    Yahoo Finance Live discusses the drop in shares of Nikola after the company received a delisting warning from Nasdaq.

  • Motley Fool

    Nikola Fell Hard -- and This Ad-Tech Stock Plunged Even More Thursday

    One tech giant generated huge gains for many market benchmarks, but obscured downward moves in other stocks.

  • Bloomberg

    Nikola Plunges as Nasdaq Says Sub-$1 Stock Price Risks Delisting

    (Bloomberg) -- Nikola Corp. tumbled Thursday after Nasdaq Inc. notified the company that it isn’t in compliance with the minimum bid requirements to remain listed on the exchange.Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17JPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsSingapore Dollar at Record High

  • Motley Fool

    Why Nikola Stock Is Plummeting Again Today

    Shares of Nikola (NASDAQ: NKLA) are cratering again Thursday's trading. The electric vehicle company's share price was down roughly 21% as of 3:15 p.m. ET, according to data from S&P Global Market Intelligence. Nikola sent out a message revealing that it was in danger of being delisted from the Nasdaq stock exchange.

  • Yahoo Finance

    Nikola stock at risk of delisting, closes at all-time of low of 62 cents

    Nikola shares touched a 52 week low. The stock has closed under $1 for more than 30 consecutive business days and is at risk of being delisted.

  • Reuters

    Electric truck maker Nikola receives delisting notice

    Nikola has been trying to raise cash for operations by selling equity, like other electric vehicle (EV) firms, in a turbulent market, and on Wednesday urged shareholders to vote in favor of increasing the number of shares at its annual shareholder meeting next month. EV startup Lordstown Motors Corp last month received a similar notice and effected a reverse stock split this week to meet the exchange's rules. Earlier this month, Nikola said it would pause production to streamline the assembly line at its Coolidge, Arizona factory amid sluggish demand for its battery-powered trucks.

  • Simply Wall St.

    Earnings Release: Here's Why Analysts Cut Their Nikola Corporation (NASDAQ:NKLA) Price Target To US$2.33

    The analysts might have been a bit too bullish on Nikola Corporation ( NASDAQ:NKLA ), given that the company fell short...

  • Simply Wall St.

    Nikola First Quarter 2023 Earnings: Misses Expectations

    Nikola ( NASDAQ:NKLA ) First Quarter 2023 Results Key Financial Results Revenue: US$11.1m (up 489% from 1Q 2022). Net...

  • Motley Fool

    Nikola (NKLA) Q1 2023 Earnings Call Transcript

    It is my pleasure to introduce Dhillon Sandhu from investor relations. Joining me today are Michael Lohscheller, chief executive officer; Stasy Pasterick, chief financial officer; and Carey Mendes, president of energy.

  • Yahoo Finance

    Nikola: Customers prefer hydrogen fuel cell trucks and we have 'first-mover' advantage

    Electric and hydrogen-fuel cell powered truckmaker Nikola is hoping a re-focusing will be good for business.

  • Yahoo Finance Video

    Nikola has 'first-mover advantage' with new hydrogen fuel cell electric truck, CEO explains

    Nikola Motors CEO Michael Lohscheller discusses the company's decision to enter the EV truck market and details how the new hydrogen fuel cell electric truck gives the company a "first-mover advantage".

  • Motley Fool

    The Big Reason Nikola Stock Is Tumbling Today

    Shares of Nikola (NASDAQ: NKLA) are in free fall today. Nikola is ending a joint venture in Europe and in a surprise move, making a huge business shift: It's deviating from its core business of electric trucks to focus elsewhere. Nikola produced 63 Tre battery-electric trucks in Q1 and delivered 31 units to dealers.

  • Motley Fool

    Nikola Plans to Shift Focus to North America: What It Means for Investors

    Electric heavy truck maker Nikola (NASDAQ: NKLA) made some big announcements with its first-quarter earnings report released today. The company has been struggling financially as it works to ramp up sales of its battery electric semitrucks. Nikola most recently raised about $100 million in new capital by selling its stock at $1.12 per share.

  • Zacks

    Nikola (NKLA) Reports Q1 Loss, Lags Revenue Estimates

    Nikola (NKLA) delivered earnings and revenue surprises of 7.14% and 31.57%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

  • Reuters

    Nikola to pause production, cut costs after quarterly loss

    Investors have focused on cash reserves at Nikola and other EV makers amid fears that slowing sales could push the companies to pursue more share sales to raise funds. Cash burn in the first quarter was $240 million, compared with $200 million per quarter in 2022, Nikola said. "This level of cash burn is not sustainable for our business, and we are looking at every option for reductions in spending," the company's finance chief, Stasy Pasterick, told analysts on a conference call.

  • Reuters

    Nikola to pause truck production after posting bigger quarterly loss

    Nikola Corp on Tuesday reported a bigger quarterly loss and said it would pause production to streamline the assembly line at its Coolidge, Arizona factory amid sluggish demand for its battery-powered trucks. Investors have focused at cash reserves at Nikola and other EV makers amid fears that slowing sales could push the companies to pursue more share sales to raise funds. "At the end of May, we plan to pause truck production as we convert the line to accommodate both hydrogen fuel cell and battery electric trucks on the same line and will resume production in July with the first saleable hydrogen fuel cell trucks," Nikola said.

  • Reuters

    UPDATE 4-Iveco to fully own venture with Nikola on electric, hydrogen trucks

    Iveco Group is set to loosen ties with U.S. start-up Nikola as it said on Tuesday it was purchasing the full ownership of their joint venture which develops battery electric and fuel cell heavy-duty trucks. The Italian truckmaker and Nikola had formed the joint venture in 2019 to help Iveco, then part of CNH Industrial and a latecomer to electrification, catch up with large European rivals such as Daimler Truck and Volvo .

  • Reuters

    Nikola, Voltera partner to set up 50 hydrogen fueling stations in N. America

    The agreement underpins Nikola's previously announced plan to develop 60 stations by 2026. "Our partnership with Voltera will bring substantial capital and expertise to support Nikola's plans to build refueling infrastructure to support its customers," said Carey Mendes, President of Nikola Energy. Voltera will build, own and operate the stations, while Nikola will supply the hydrogen fuel and provide technical expertise, the EV company said.

  • Zacks

    Nikola (NKLA) to Report Q1 Earnings: What's in the Offing?

    The Zacks Consensus Estimate for Nikola's (NKLA) loss per share and revenues is pegged at 28 cents and $16.25 million, respectively, for the first quarter of 2023.