As of 2026-09-14, the Relative Valuation of Nikola Corporation (NKLA) is (162.69) 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 -89003.0%.
The range of the Relative Valuation is (162.16) - (166.19) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 11.6x - 18.8x | 15.2x |
| Forward P/E multiples | 15.3x - 15.7x | 15.6x |
| Fair Price | (162.16) - (166.19) | (162.69) |
| Upside | -88713.4% - -90914.3% | -89003.0% |
| Date | P/E |