Nikola (NKLA) came out with a quarterly loss of $0.09 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.26 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this pioneer in zero-emission trucks would post a loss of $0.16 per share when it actually produced a loss of $0.11, delivering a surprise of 31.25%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Nikola, which belongs to th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 4, 2024 Nikola Corporation (Exact name of registrant as specified in its charter) Delaware 001-38495 82-4151153 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 4141 E Broadway Road Phoenix, AZ 85040 (Address of principal executi ...

Nikola Corporation (NKLA) is slated to release first-quarter 2024 results on May 7, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s loss per share and revenues is pegged at 9 cents and $15.05 million, respectively.For the first quarter, the consensus estimate for NKLA’s loss per share has remained unchanged in the past 60 days. Its bottom-line estimates imply growth of 65.38% from the year-ago reported number.The Zacks Consensus Estimate for its quarterly revenues suggests ...

Continued focus on regaining Nasdaq compliance and resetting operational and financial foundations to achieve the next level of financial stability while advancing business initiativesPHOENIX, April 30, 2024 /PRNewswire/ -- In a recent social media post, Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, invited NKLA stockholders to submit questions related to the Proxy Statement filed earlier in the month. ...

The most recent trading session ended with Nikola (NKLA) standing at $0.65, reflecting a +1.51% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 0.35%.Shares of the pioneer in zero-emission trucks have depreciated by 38.14% over the course of the past month, underperforming the Auto-Tires-Trucks sector's loss of 7.23% and the S&P 500's loss of 2%.The i ...

Nikola (NKLA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this pioneer in zero-emission trucks have returned -42.3% over the past month versus the Zacks S&P 500 composite's -3.2% change. The Zacks Automotive - Domestic industry, to which Nikola belongs, has lost 2.1% over this period. Now the key question is: Where could the stock be headed in the near term?Althoug ...

The electric semi-truck maker still faces existential challenges.Nikola (NKLA -2.44%), a maker of electric semi-trucks, went public by merging with a special purpose acquisition company (SPAC) in June 2020. Its shares opened at $37.55 and more than doubled to an all-time high of $79.73 a week later. But today, Nikola's stock trades at less than $1.Nikola's investors fled as it broadly missed its own production estimates, its founder and former CEO, Trevor Milton, was convicted of securities and wire fraud i ...

Nikola (NKLA) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this pioneer in zero-emission trucks have returned +2.2%, compared to the Zacks S&P 500 composite's -1.7% change. During this period, the Zacks Automotive - Domestic industry, which Nikola falls in, has lost 4%. The key question now is: What could be the stock's future direction?While media rel ...

Nikola Corp (NASDAQ: NKLA) is in focus today after Bob Lutz – a former executive of the “Big Three” said the EV push happened “too soon and too fast”.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Lutz shares view on the EV pushCopy link to sectionLutz is somewhat dovish on the electric vehicle movement at least for the near term because it’s based mostly on a “colossal amount of hype”. Both media and the government “made it sound like everybody’s ne ...

Nikola (NASDAQ:NKLA) stock is plunging lower by more than 10% after the company filed a proxy statement to document the proposals at its upcoming annual meeting of stockholders. These proposals include a reverse stock split in a range between 1-for-10 and 1-for-30 and reducing authorized common stock to 1 billion from 1.6 billion. The date of the meeting has not yet been confirmed.Nikola also seeks to increase the common stock available for issuance under the Nikola Corporation 2020 Stock Incentive Plan by ...