As of 2024-12-12, the Relative Valuation of Nikola Corporation (NKLA) is (140.52) USD. This relative valuation is based on P/E multiples. With the latest stock price at 1.59 USD, the upside of Nikola Corporation based on Relative Valuation is -8937.9%.
The range of the Relative Valuation is (127.85) - (134.73) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 12.3x - 12.9x | 12.6x |
| Forward P/E multiples | 11.9x - 17.3x | 14.4x |
| Fair Price | (127.85) - (134.73) | (140.52) |
| Upside | -8141.0% - -8573.8% | -8937.9% |
| Date | P/E |
| 2024-12-09 | -0.14 |
| 2024-12-06 | -0.15 |
| 2024-12-05 | -0.16 |
| 2024-12-04 | -0.17 |
| 2024-12-03 | -0.16 |
| 2024-12-02 | -0.18 |
| 2024-11-29 | -0.19 |
| 2024-11-27 | -0.19 |
| 2024-11-26 | -0.19 |
| 2024-11-25 | -0.20 |
| 2024-11-22 | -0.19 |
| 2024-11-21 | -0.19 |
| 2024-11-20 | -0.18 |
| 2024-11-19 | -0.19 |
| 2024-11-18 | -0.19 |
| 2024-11-15 | -0.22 |
| 2024-11-14 | -0.23 |
| 2024-11-13 | -0.30 |
| 2024-11-12 | -0.30 |
| 2024-11-11 | -0.31 |
| 2024-11-08 | -0.29 |
| 2024-11-07 | -0.30 |
| 2024-11-06 | -0.30 |
| 2024-11-05 | -0.31 |
| 2024-11-04 | -0.32 |
| 2024-11-01 | -0.36 |
| 2024-10-31 | -0.38 |
| 2024-10-30 | -0.41 |
| 2024-10-29 | -0.42 |
| 2024-10-28 | -0.51 |
| 2024-10-25 | -0.42 |
| 2024-10-24 | -0.40 |
| 2024-10-23 | -0.38 |
| 2024-10-22 | -0.41 |
| 2024-10-21 | -0.39 |
| 2024-10-18 | -0.37 |
| 2024-10-17 | -0.37 |
| 2024-10-16 | -0.40 |
| 2024-10-15 | -0.41 |
| 2024-10-14 | -0.41 |
| 2024-10-11 | -0.41 |
| 2024-10-10 | -0.42 |
| 2024-10-09 | -0.43 |
| 2024-10-08 | -0.43 |
| 2024-10-07 | -0.46 |
| 2024-10-04 | -0.48 |
| 2024-10-03 | -0.50 |
| 2024-10-02 | -0.53 |
| 2024-10-01 | -0.45 |
| 2024-09-30 | -0.44 |