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How to buy Nikola stock | $18.72

Own Nikola stock in just a few minutes.

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Nikola Corporation (NKLA) is a leading auto manufacturers business based in the US. It opened the day at USD$17.22 after a previous close of USD$17.08. During the day the price has varied from a low of USD$17.21 to a high of USD$18.74. The latest price was USD$18.72 (25 minute delay). Nikola is listed on the NASDAQ and employs 256 staff. All prices are listed in US Dollars.

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How to buy shares in Nikola from New Zealand

  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 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 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, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Nikola. 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.

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Nikola share price

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

Nikola shares at a glance

Information last updated 2021-01-12.
Previous closeUSD$17.08
Change USD$1.64
Change % 9.602%
Volume 15,843,899
Information last updated 2021-01-18.
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

Nikola price performance over time

Historical closes compared with the last close of $18.72

1 week (2021-01-13) -6.63%
1 month (2020-12-18) 9.60%
3 months (2020-10-20) -9.65%
6 months (2020-07-20) -51.31%
1 year (2020-01-17) 81.04%
2 years (2019-01-16) N/A
3 years (2018-01-16) N/A
5 years (2016-01-16) N/A

Is Nikola under- or over-valued?

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

Nikola's P/E ratio

Nikola'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 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.

Shorting Nikola shares

There are currently 54.4 million Nikola shares held short by investors – that's known as Nikola'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 shares can be evaluated.

Nikola's "short interest ratio" (SIR)

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

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

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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