As of 2025-09-16, the Relative Valuation of Nikola Corporation (NKLA) is (147.32) 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 -80605.0%.
The range of the Relative Valuation is (128.03) - (176.36) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 12.1x - 17.6x | 14.0x |
| Forward P/E multiples | 11.4x - 16.6x | 13.8x |
| Fair Price | (128.03) - (176.36) | (147.32) |
| Upside | -70064.0% - -96474.3% | -80605.0% |
| Date | P/E |