As of 2026-03-18, the Relative Valuation of Nikola Corporation (NKLA) is (164.81) 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 -90161.3%.
The range of the Relative Valuation is (142.45) - (163.01) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 11.6x - 19.8x | 16.0x |
| Forward P/E multiples | 13.4x - 15.4x | 15.0x |
| Fair Price | (142.45) - (163.01) | (164.81) |
| Upside | -77940.8% - -89176.7% | -90161.3% |
| Date | P/E |