Broker recommendations for Nikola Corp.
The Nikola Corp. stock is rated at 1.8 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Tuesday 22 September, 2020 by a total of 5 brokers. This means that the consensus of the 5 different brokers is leaning toward to moderate buy/hold.
1 (20%) Underweight
0 (0%) Hold
2 (40%) Overweight
0 (0%) Buy
Price target by analysts
The 5 latest analyst estimates, per Tuesday 22 September, 2020, show the following high, low and average price targets.
Target Average: 37 USD
Target High: 79 USD
Target Low: 15 USD
Nikola Corp’s founder purchased truck designs from third party – FT
Sunday, 27 September 2020, 01:35:06
ROSEN, A TOP RANKED LAW FIRM, Reminds Nikola Corporation Investors of Important Deadline in Securities Class Action Case First Filed by Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm – NKLA, NKLAW, VTIQ, VTIQW, VTIQU
Saturday, 26 September 2020, 19:00:00
NEW YORK, Sept. 26, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Nikola Corporation (NASDAQ: NKLA, NKLAW), f/k/a VectoIQ Acquisition Corp. (NASDAQ: VTIQ, VTIQW, VTIQU), between March 3, 2020 and September 15, 2020,…
— PR Newswire
Nikola is ‘a broken stock’ and could lose another 75%, one strategist says
Saturday, 26 September 2020, 13:00:00
Summary List Placement Nikola’s stock price has been in freefall since a short-seller report accused the company of misleading investors. Steve Kalayjian of Ticker Tocker thinks there could be further pain for the “broken stock” and it could crash to $5, from around $19.50, where it currently trades. The stock received its first sell-rating from Wedbush this week after Nikola CEO Trevor Milton has stepped down. Visit Business Insider’s homepage for more stories . Shares in electric truck maker Nikola have been on a roller-coaster journey this month, ever since a scathing short-seller report complained the company had misled investors and one strategist is predicting the stock could lose another 75% in value. Steve Kalayjian, chief strategist and co-founder of trading platform Ticker Tocker told Business Insider: “Looking at Nikola’s stock chart. It’s a broken stock. I would avoid it. It could possibly go to $5, it’s really hard to tell where it goes from here.” The company went public in early June, when it hit a whopping $93.99.
— Markets Insider
Nikola Short Seller Hindenburg Research Wants to Oust Bad Actors From the Market
Saturday, 26 September 2020, 00:32:00
Founder Nathan Anderson talks about his firm’s bet against electric-truck maker Nikola, and his desire to “put bad guys in jail.”
Former Utahn who became a billionaire with his e-truck startup resigns following accusations of fraud and sexual assault
Friday, 25 September 2020, 19:20:30
The founder of Nikola, a hydrogen and electric vehicle startup, recently considered as valuable as the Ford motor company, abruptly resigned as executive chairman and has gone underground this week. The stunning turn for Trevor Milton, a 38-year-old billionaire with deep Utah ties, came as business foes alleged fraud and a family member accused him of sexual assault.
— The Salt Lake Tribune