Nikola(NKLA)
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All You Need to Know About Nikola (NKLA) Rating Upgrade to Buy
Zacks Investment Research· 2024-03-01 18:01
Nikola (NKLA) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find ...
Nikola(NKLA) - 2023 Q4 - Annual Report
2024-02-27 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38495 Nikola Corporation (Exact name of registrant as specified in its charter) | Delaware | 82-4151153 | | --- | - ...
Nikola Corporation (NKLA) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-02-27 15:06
Nikola (NKLA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this pioneer in zero-emission trucks have returned -9.1%, compared to the Zacks S&P 500 composite's +3.8% change. During this period, the Zacks Automotive - Domestic industry, which Nikola falls in, has gained 8.1%. The key question now is: What could be the stock's future ...
Nikola(NKLA) - 2023 Q4 - Earnings Call Transcript
2024-02-22 18:51
Thank you, Dhillon, and good morning. This is why passenger vehicle companies do not typically build heavy-duty trucks and vice versa. After Mr. Milton's departure from the company in September 2020, Nikola did not pursue the Badger program. On November 30, 2020, we announced that we were returning all order deposits for the Badger. Mr. Sparks and Mr. Cannon agreed that Mr. Milton would not be involved directly or indirectly in any way with the Badger or PowersportÂ's assets. It was specifically stated that ...
Nikola sells abandoned electric Badger pickup truck program to friend of disgraced founder Trevor Milton
TechCrunch· 2024-02-22 18:11
Beleaguered electric trucking company Nikola has sold the Badger electric pickup truck assets it was once supposed to build with General Motors. The buyer? A new company called Embr Motors created by vehicle builder and television personality Dave “Heavy D” Sparks, one half of the former TV duo the Diesel Brothers.Embr now owns the intellectual property associated with the Badger pickup truck, as well as the assets related to Nikola’s abandoned off-road and personal water craft vehicles. It also owns the on ...
Nikola says its revenue more than doubled in Q4
Invezz· 2024-02-22 14:19
Nikola Corp (NASDAQ: NKLA) is trading up in premarket on Thursday after reporting a narrower-than-expected loss for its fiscal fourth quarter.How many vehicles did Nikola deliver in Q4Copy link to sectionThe electric vehicles company delivered 35 of its hydrogen fuel cell electric trucks in the recently concluded quarter. Nikola Corp opened its first HYLA hydrogen refueling station in Ontario, California this month (find out more). Steve Girsky – its chief executive said in a press release today:There are m ...
Concerned Stockholders of Nikola Corp. Introduce Slate of Independent Director Candidates for Election to the Company's Board at the 2024 Annual Meeting
Businesswire· 2024-02-20 14:30
PHOENIX--(BUSINESS WIRE)--M&M Residual, LLC (together with its affiliates and the participants named herein, the “Concerned Stockholder Group,” “we” or our “Group”) owns approximately 4.5% of the outstanding common stock of Nikola Corporation (Nasdaq: NKLA) (“Nikola” or the “Company”), making it a top stockholder. Today, the Concerned Stockholder Group issued the below statement regarding its nomination of five highly qualified and independent director candidates for election to the Company’s nine-member Bo ...
Why Nikola (NKLA) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-02-16 23:51
In the latest trading session, Nikola (NKLA) closed at $0.74, marking a -1.35% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.48%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.82%.The pioneer in zero-emission trucks's stock has climbed by 20.62% in the past month, exceeding the Auto-Tires-Trucks sector's gain of 2.01% and the S&P 500's gain of 5.3%.The upcoming earnings release of Nikola will be of great interest to inv ...
CARLA TULLY APPOINTED TO NIKOLA BOARD OF DIRECTORS
Prnewswire· 2024-02-16 13:05
Energy expert joins Nikola's Board as 2024 infrastructure business expandsPHOENIX, Feb. 16, 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 the appointment of energy and infrastructure expert Carla Tully, to its Board of Directors. Over more than two decades, Tully has built a successful track record leading and scaling energy organizations across Fortune 150, private ...
Nikola (NKLA) stock price analysis: time to be contrarian?
Invezz· 2024-02-14 10:11
Nikola (NASDAQ: NKLA) stock price has continued its sell-off this year as investors rotate to Internal Combustion Engine (ICE) companies like Toyota and Honda. The stock has retreated by over 20% and is hovering near its lowest point in 2023. It has crashed by more than 95% from its all-time high.Continues to disappointCopy link to sectionNikola has been one of the most disappointing automakers in the past few years. It and its founder, Trevor Milton, were accused of fraud and the company has been a cash-bu ...