As of 2025-10-17, the Relative Valuation of Nikola Corporation (NKLA) is (134.08) 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 -73365.3%.
The range of the Relative Valuation is (114.89) - (144.14) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 10.8x - 13.6x | 11.8x |
| Forward P/E multiples | 10.8x - 16.2x | 13.5x |
| Fair Price | (114.89) - (144.14) | (134.08) |
| Upside | -62882.3% - -78867.5% | -73365.3% |
| Date | P/E |