As of 2025-12-17, the Relative Valuation of Nikola Corporation (NKLA) is (136.46) 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 -74668.5%.
The range of the Relative Valuation is (134.18) - (145.84) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 12.7x - 15.9x | 13.5x |
| Forward P/E multiples | 11.7x - 13.8x | 12.2x |
| Fair Price | (134.18) - (145.84) | (136.46) |
| Upside | -73423.2% - -79794.1% | -74668.5% |
| Date | P/E |