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How to buy Nikola Corporation stock | $21.9

Own Nikola Corporation stock in just a few minutes.

Fact checked

Nikola Corporation is an auto manufacturers business based in the US. Nikola Corporation shares (NKLA) are listed on the NASDAQ and all prices are listed in US Dollars. Nikola Corporation employs 256 staff and has a trailing 12-month revenue of around USD$144,000.

How to buy shares in Nikola Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Nikola Corporation. Find the stock by name or ticker symbol: NKLA. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Nikola Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$21.9, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Nikola Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Nikola Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Nikola Corporation share price

Use our graph to track the performance of NKLA stocks over time.

Nikola Corporation shares at a glance

Information last updated 2021-01-18.
Latest market closeUSD$21.9
52-week rangeUSD$10.34 - USD$77
50-day moving average USD$17.4908
200-day moving average USD$28.6614
Wall St. target priceUSD$26.67
PE ratio 1072.772
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.0606

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Nikola Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Nikola Corporation price performance over time

Historical closes compared with the close of $21.9 from 2020-11-16

1 week (2021-01-13) 9.23%
1 month (2020-12-23) 45.71%
3 months (2020-10-23) -2.84%
6 months (2020-07-20) -43.04%
1 year (2020-01-19) N/A
2 years (2019-01-19) N/A
3 years (2018-01-19) N/A
5 years (2016-01-19) N/A

Is Nikola Corporation under- or over-valued?

Valuing Nikola Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nikola Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Nikola Corporation's P/E ratio

Nikola Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1073x. In other words, Nikola Corporation shares trade at around 1073x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Nikola Corporation financials

Revenue TTM USD$144,000
Gross profit TTM USD$211,000
Return on assets TTM 0%
Return on equity TTM 0%
Profit margin 0%
Book value N/A
Market capitalisation USD$7.6 billion

TTM: trailing 12 months

Shorting Nikola Corporation shares

There are currently 54.4 million Nikola Corporation shares held short by investors – that's known as Nikola Corporation's "short interest". This figure is 8.8% up from 50.0 million last month.

There are a few different ways that this level of interest in shorting Nikola Corporation shares can be evaluated.

Nikola Corporation's "short interest ratio" (SIR)

Nikola Corporation's "short interest ratio" (SIR) is the quantity of Nikola Corporation shares currently shorted divided by the average quantity of Nikola Corporation shares traded daily (recently around 23.7 million). Nikola Corporation's SIR currently stands at 2.3. In other words for every 100,000 Nikola Corporation shares traded daily on the market, roughly 2300 shares are currently held short.

However Nikola Corporation's short interest can also be evaluated against the total number of Nikola Corporation shares, or, against the total number of tradable Nikola Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Nikola Corporation's short interest could be expressed as 0.14% of the outstanding shares (for every 100,000 Nikola Corporation shares in existence, roughly 140 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Nikola Corporation shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Nikola Corporation.

Find out more about how you can short Nikola Corporation stock.

Nikola Corporation share dividends

We're not expecting Nikola Corporation to pay a dividend over the next 12 months.

Nikola Corporation overview

Nikola Corporation operates as an integrated zero emissions transportation systems provider. It designs and manufactures battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure. The company also develops electric vehicle solutions for military and outdoor recreational applications. Nikola Corporation was founded in 2015 and is headquartered in Phoenix, Arizona.

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