As of 2025-04-29, the Relative Valuation of Nikola Corporation (NKLA) is (98.04) 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 -53673.5%.
The range of the Relative Valuation is (96.24) - (99.21) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 9.1x - 11.0x | 10.4x |
| Forward P/E multiples | 7.9x - 9.4x | 8.1x |
| Fair Price | (96.24) - (99.21) | (98.04) |
| Upside | -52688.9% - -54310.6% | -53673.5% |
| Date | P/E |
| 2025-03-12 | -0.01 |
| 2025-03-11 | -0.01 |
| 2025-03-10 | -0.01 |
| 2025-03-07 | -0.01 |
| 2025-03-06 | -0.01 |
| 2025-03-05 | -0.02 |
| 2025-03-04 | -0.02 |
| 2025-03-03 | -0.02 |
| 2025-02-28 | -0.02 |
| 2025-02-27 | -0.02 |
| 2025-02-26 | -0.03 |
| 2025-02-25 | -0.02 |
| 2025-02-24 | -0.02 |
| 2025-02-21 | -0.04 |
| 2025-02-20 | -0.04 |
| 2025-02-19 | -0.04 |
| 2025-02-18 | -0.07 |
| 2025-02-14 | -0.05 |
| 2025-02-13 | -0.06 |
| 2025-02-12 | -0.07 |
| 2025-02-11 | -0.06 |
| 2025-02-10 | -0.05 |
| 2025-02-07 | -0.04 |
| 2025-02-06 | -0.07 |
| 2025-02-05 | -0.07 |
| 2025-02-04 | -0.07 |
| 2025-02-03 | -0.07 |
| 2025-01-31 | -0.07 |
| 2025-01-30 | -0.08 |
| 2025-01-29 | -0.07 |
| 2025-01-28 | -0.08 |
| 2025-01-27 | -0.08 |