Buy, Sell or Hold: Nikola (NKLA-Q) — Stock Predictions at Stockchase

NASDAQ:NKLA

10.51

0.57 (5.14%) 1d

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DON'T BUY

https://www.cnn.com/2020/11/30/business/nikola-gm-badger/index.html The stock was slammed 27% today after GM announced a much-smaller deal. After a change in management, Nikola had been coming back. It's still too risky now with more downside to come.

Automotive

COMMENT

The weakest of the hydrogen fuel cell companies, given the fraudulent (allegedly) antics of its founder to promote its power. Yet, NKLA still receives major investment from the likes of Bosch amounting to hundreds of millions. Also, GM hasn't pulled out of its Nikola deal.

Automotive

DON'T BUY

There are so many opportunities ahead of us for electric vehicles. The valuation is extremely high. Go ahead and trade it or use options, but there's too much risk for a 2-5 year timeframe.

Automotive

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Nikola (NKLA-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Nikola is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Nikola (NKLA-Q) Frequently Asked Questions

What is Nikola stock symbol?

Nikola is a American stock, trading under the symbol NKLA-Q on the NASDAQ (NKLA). It is usually referred to as NASDAQ:NKLA or NKLA-Q

Is Nikola a buy or a sell?

In the last year, 1 stock analyst published opinions about NKLA-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nikola .

Is Nikola a good investment or a top pick?

Nikola was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Nikola .

Why is Nikola stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Nikola worth watching?

In the last year, there was no coverage of Nikola published on Stockchase.

What is Nikola stock price?

On 2021-10-22, Nikola (NKLA-Q) stock closed at a price of $10.51.

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We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.