As of 2025-07-15, the Relative Valuation of Nikola Corporation (NKLA) is (129.84) USD. This relative valuation is based on P/E multiples. With the latest stock price at 0.18 USD, the upside of Nikola Corporation based on Relative Valuation is -71048.6%.
The range of the Relative Valuation is (132.70) - (171.07) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 12.5x - 17.0x | 12.6x |
| Forward P/E multiples | 9.6x - 16.1x | 11.9x |
| Fair Price | (132.70) - (171.07) | (129.84) |
| Upside | -72612.4% - -93578.4% | -71048.6% |
| Date | P/E |