Nikola Stock Forecast 2025 – How high can Nikola stock go?

Nikola Stock Forecast 2025 – We’ve gathered information through a special computer program to learn and help you decide if adding NKLA to your investments is smart. The program considers stock trading, price changes, market trends, and similar stocks. Suppose you want to know about Nikola Stock’s future or predict its price. This article may help. We analyze Nikola’s past and technical details to guess its future performance. 

But first, let’s understand how the company works and how its Stock performs before forecasting its future price.

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About Nikola Corporation Business

Nikola Corporation creates eco-friendly transportation systems, focusing on electric and hydrogen-powered vehicles. They’re in Phoenix, Arizona, and started in 2015. They also work on cars for the military and outdoor activities.

They have two main parts: trucks and energy. The truck side makes electric and hydrogen-fueled big trucks for various hauling needs. The energy side builds a system for hydrogen fueling and battery charging, not just for their vehicles but for others, too.

Nikola’s key vehicles include the Nikola Tre (battery-powered) and the Nikola Two (hydrogen fuel cells and batteries). These vehicles, like the Tre and Two, are designed for customers’ use.

Its Past Performance

Nikola Stock joined the stock market on June 13, 2018. At first, the Stock didn’t move much. But things changed in May and June 2020 when the Stock had a big rise, reaching a price of 65 USD. Since then, though, the Stock has been going down steadily. 

Further, we’ll try to guess what the future might hold for the Nikola Stock Price for:

2025, 2026, 2027, 2028, 2029, 2030, 2040, and 2050.

Nikola Stock Forecast 2023

On August 23, 2023, the price for NKLA stock was 1.42 USD. The price went down a lot in the last month, about 43.20%. And in just the previous 24 hours, NKLA went down by 5.96%. 

Here’s a look at the predicted Nikola stock prices for the upcoming months this year:

  • August 2023: Starting at 3.12, with a high of 3.71 and a low of 1.29. The average for the month is 2.37, ending at 1.37, marking a change of -56.09% for August.
  • September 2023: Beginning at 1.37, reaching a high of 1.40 and a low of 1.24. The monthly average is 1.33, with an anticipated end price of 1.32, resulting in a change of -3.65% for September.
  • October 2023: Starting at 1.32, with a high of 1.47 and a low of 1.31. The average monthly price is 1.37, and it’s expected to end at 1.39, showing a change of 5.30% for October.
  • November 2023: Commencing at 1.39, climbing to a high of 1.55 and a low of 1.37. The average monthly price is 1.44, projected to end at 1.46, reflecting a change of 5.04% for November.
  • December 2023: Starting the month at 1.46, with a high of 1.62 and a low of 1.44. The average monthly price is 1.51, and it’s expected to end at 1.53, showing a change of 4.79% for December. 

Please remember that these predictions are subject to market fluctuations and may vary.

Nikola’s Stock Forecast 2024

We have forecasted how much the Stock of Nikola Corporation (NKLA) might cost in 2024. On average, it could be around 4.16 USD for the whole year. But sometimes, it might go as high as 14.03 USD or down to 2.60 USD.

The average guess of 4.16 USD for 2024 is much higher than the recent price of 1.42 USD. That’s a big jump of about 193%. 

Nikola Stock Forecast 2025

We’re predicting how much Nikola Corporation’s Stock (NKLA) could cost in 2025. On average, it might be around 5.77 USD for the whole year. But at its highest, it could be about 8.34 USD; at its lowest, it might drop to about 0.28 USD.

The average guess of 5.77 USD for 2025 is much higher than the recent price of 1.42 USD. This would be a really big increase of about 306%.

Monthly Nikola Stock Forecast 2025

Let’s take a look at the predicted prices for Nikola stock in the upcoming months of 2025:

  • In January 2025, the forecast starts at 2.59 USD, goes as high as 2.88 USD, and dips to 2.56 USD. The average for the month is 2.69 USD, and it’s expected to end at 2.72 USD, making a 5.02% change.
  • Moving to February 2025, the forecast begins at 2.72 USD, reaches a high of 3.03 USD, and goes as low as 2.69 USD. The average for the month is 2.83 USD, with an expected end price of 2.86 USD, resulting in a 5.15% change.
  • March 2025 starts with a forecast of 2.86 USD, climbs to a high of 3.16 USD, and drops to 2.80 USD. The average monthly price is 2.95 USD, projected to end at 2.98 USD, reflecting a 4.20% change.
  • In April 2025, the forecast begins at 2.98 USD, up to 3.32 USD, and down to 2.94 USD. The average monthly price is 3.09 USD, predicted to end at 3.13 USD, showing a 5.03% change.
  • Moving to May 2025, the forecast starts at 3.13 USD, reaches a high of 3.45 USD, and touches a low of 3.06 USD. The average monthly price is 3.22 USD, and it’s expected to end at 3.25 USD, marking a 3.83% change.
  • June 2025 starts with a forecast of 3.25 USD, climbs to a high of 3.61 USD, and reaches a low of 3.21 USD. The monthly average is 3.37 USD, with an anticipated end price of 3.41 USD, making a 4.92% change.
  • July 2025 begins with a forecast of 3.41 USD, reaches a high of 3.79 USD, and dips to 3.37 USD. The average monthly price is 3.54 USD, projected to end at 3.58 USD, reflecting a 4.99% change.
  • Finally, August 2025 starts at 3.58 USD, goes up to 3.82 USD, and drops to 3.38 USD. The average monthly price remains steady at 3.60 USD, and it’s expected to end at the same price, resulting in a 0.56% change.

Nikola Stock Forecast 2026

Let’s estimate how much Nikola Corporation’s Stock (NKLA) might cost in 2026. On average, it could be around 0.76 USD for the whole year. The highest could be about 78.15 USD, and the lowest might be about 0.35 USD.

Compared to the recent price of 1.42 USD, the average estimate of 0.76 USD for 2026 suggests a decrease of about 46%.

Nikola Stock Forecast 2027

We’re estimating how much Nikola Corporation’s Stock (NKLA) might cost for 2027. On average, it could be around 0.75 USD for the entire year. The highest could reach about 8.62 USD, while the lowest might drop to about 0.03 USD.

Compared to the recent price of 1.42 USD, the average estimate of 0.75 USD for 2027 indicates a decrease of about 46%.

Nikola Stock Forecast 2028

We predict possible prices for Nikola Corporation’s Stock (NKLA) in 2028. On average, it might be around 13.69 USD for the entire year. Occasionally, it could reach as high as 14.21 USD or drop to 0.03 USD.

Compared to the recent price of

1.42 USD, the average estimate of 13.69 USD for 2028 suggests a substantial increase of about 863%.

Nikola Stock Forecast 2029

Let’s explore the potential prices of Nikola Corporation’s Stock (NKLA) for 2029. On average, it might settle around 5.79 USD for the entire year. There could be moments when it reaches as high as 70.23 USD or drop as low as 0.09 USD.

Comparing this to the recent price of 1.42 USD, the average estimate of 5.79 USD for 2029 shows a remarkable increase of about 308%. This indicates significant growth in the Stock’s value that lies ahead.

Nikola Stock Forecast 2030

Let’s consider the potential prices of Nikola Corporation’s Stock (NKLA) for 2030. On average, it might be around 1.97 USD throughout the year. Occasionally, it could go up to 5.53 USD or as low as 0.03 USD.

Compared to the recent price of 1.42 USD, the average estimate of 1.97 USD for 2030 indicates a growth of about 39%. This suggests a positive trajectory for the Stock in the coming year.

Nikola Stock Forecast 2035

Looking ahead to 2035, we’re predicting the potential costs for Nikola Corporation’s Stock (NKLA). On average, it could settle around 16.33 USD for the entire year. The highest point might reach approximately 37.12 USD, while the lowest could drop to 0.09 USD.

Comparing this with the recent price of 1.42 USD, the average estimate of 16.33 USD for 2035 points to a substantial increase of about 1,050%. This suggests a significant growth in the Stock’s value over that time frame.

Nikola Stock Forecast 2040

Looking into the future 2040, our estimates for Nikola Corporation’s Stock (NKLA) indicate possible costs. On average, it might hover around 0.27 USD for the entire year. At times, it could surge as high as 46.89 USD or decline to 0.74 USD.

Comparing this to the recent price of 1.42 USD, the average estimate of 0.27 USD for 2040 suggests a notable decrease of about 81%. This signifies a considerable change in the Stock’s value over that period.

Nikola Stock Forecast 2045

Looking ahead to 2045, we’re estimating potential costs for Nikola Corporation’s Stock (NKLA). On average, it might be around 19.38 USD for the entire year. At certain points, it could rise as high as 30.67 USD or decrease to 17.96 USD.

Comparing this to the recent price of 1.42 USD, the average estimate of 19.38 USD for 2045 suggests a significant increase of about 1,265%. This indicates a noteworthy growth potential for the Stock in the coming years.

Nikola Stock Forecast 2050

Looking ahead to 2050, we’re projecting potential costs for Nikola Corporation’s Stock (NKLA). On average, it might be around 37.25 USD for the entire year. The highest possible value could reach about 50.00 USD, while the lowest might dip to 33.46 USD.

Compared to the recent price of 1.42 USD, the average estimate of 37.25 USD for 2050 suggests an incredible increase of about 2,523%. This indicates a remarkable growth potential for the Stock in the long term.

Factors Influencing Nikola Stock Forecast 2025

Several factors are affecting the stock price of Nikola. The rise in fuel costs makes electric vehicles (EVs) more attractive. Also, as the company prepares for its 2022 delivery phase, it wants to gather more shareholder money to increase production.

There’s a plan to issue 200 million shares on June 1, which could raise about 1.8 billion USD at the current price.

The important thing for Nikola is its future as it moves from making prototypes to making money through production. For instance, in 2022, it plans to deliver 300 to 500 Nikola Tre BEVs to customers. In 2021, Nikola earned no money but lost 159 million USD in the fourth quarter and 690 million USD for the year.

Nikola also intends to announce where it’s building its first hydrogen production hub in Arizona, start constructing it, and reveal at least two California fuel station partners.

So, what lies ahead for Nikola? Can it compete with other EV companies and established players like GM? Where is its stock price heading next?

Is Nikola Stock A Good Buy?

Our computer system forecasts that this Stock’s price could be around 9.49 USD in about a year. This is a significant increase of nearly 568% from the current price.

For instance, if you invest 100 USD right now, and our predictions hold, by August 23, 2024, your investment might be valued at about 668.26 USD.

Considering this substantial potential growth, adding this Stock to your investments could be wise, especially if you prefer trading during market uptrends.

We also utilize our advanced computer technology to estimate the price over the next 30 days. However, remember that these predictions might be somewhat vague.

Overall, the Stock has been declining for the past two years, and experts believe that unless the market improves soon, the Stock’s price could continue to drop. Looking at Nikola Stock’s historical performance, we don’t advise investing in it.

How Many Shares Of Nikola Are There?

Nikola’s recent financial reports and stock price show that as of August 2023, the company has 549,689,436 shares available. This number of shares remains unchanged since the end of 2023. Remember that the number of available shares can shift due to actions like stock splits and buying back shares.

Is Nikola A Good Investment?

Most Wall Street analysts recommend waiting for a more favorable time to enter or exit NKLA stock. The agreement among all four analysts on the “Hold” rating confirms this sentiment. The average target price for Nikola is 8.25 USD, which could signify a 20% increase from previous prices.

Currently, we cannot guarantee Nikola’s success as a business. While it presents an exciting concept, it has yet to demonstrate production, maintenance, or refueling results. It’s akin to a promising plan with innovative technology. The market values the company similarly to large truck and engine manufacturers. These expectations are substantial for a company about a year away from full-scale production.

Your decision depends on a few factors, especially how far you’re looking ahead. 

Keep in mind that analysts can make errors. Before you make any trading choices, be sure to do your research. And always invest money you can afford to lose.

Individual Counsel: Nikola stock carries significant risk, so buying only a few shares is wise. However, the Stock’s price already considers the negative news that’s been widely reported. Those who enjoy going against the trend might anticipate the Stock rising.

Why Has Nikola Stock Gone Up?

Nikola’s shares are rising, reaching levels not seen since last November 2022. The company has succeeded in getting more sales orders, especially for its hydrogen-powered electric trucks. Investors are also excited about Ballard Power Systems, a hydrogen-related company, joining forces with Ford.

As of August 2023, Nikola’s shares have increased by 12.9%. Just yesterday, they announced receiving 202 orders for their hydrogen-fueled electric trucks. These trucks will start being delivered by the end of 2023, and the orders came from 18 customers, mainly fleet operators and dealers.

The news of Ballard Power Systems partnering with Ford to create truck fuel-cell engines has further fueled investor enthusiasm. This suggests that the demand for hydrogen-powered trucks could be increasing.

However, it’s important to be cautious about investing in Nikola. While getting orders is positive, the real test is delivering these orders. We still need to see how successful Nikola will be in that regard. So, only investors comfortable with taking risks should consider investing in Nikola’s Stock.

Does Nikola Stock Have a Future?

Based on the analysis of three Wall Street analysts in the last three months, Nikola’s average 12-month price target is 2.50 USD. The highest prediction is 3.00 USD, and the lowest forecast is 2.00 USD. This average target suggests a potential increase of 76.06% from the recent price of 1.42 USD.

In the upcoming quarter, NKLA’s estimated earnings are expected to be -0.17 USD, ranging from -0.20 USD to -0.14 USD. The earnings per share (EPS) were -0.20 USD in the previous quarter. Over the past year, NKLA has done better than its industry, beating EPS estimates 100.00% of the time, while the industry did so 52.96% of the time.

NKLA’s sales forecast for the next quarter is 23.43 million USD, ranging between 21.80 million USD and 27.85 million USD. In the previous quarter, sales totaled 15.36 million USD. Over the past year, NKLA has outperformed its industry in sales estimates 50.00% of the time, while the sector outperformed 56.25%.

Regarding analyst recommendations, NKLA received 3 Hold ratings and 0 Buy or Sell ratings this month. Over the past three months, the average analyst price target for NKLA was 2.50 USD.

Discussing Nikola’s Stock Price Recovery, it has slightly increased from its lowest point. If the company continues making quality vehicles and stays competitive, its prospects should improve. The company’s progress will largely hinge on addressing its major challenges, delivering on its promises, and demonstrating a strong and competitive business plan.

Where Will Nikola Stock In The Next 5 Years?

According to analysts, a significant recovery for the Stock seems unlikely. Yet, Nikola’s stock price might rebound if the market trends positively. This kind of penny stock tends to thrive during market booms.

Nikola’s Stock is classified as a penny stock, challenging its future prediction. Based on reports, the Stock could trade around 5 USD to 6 USD in the next five years.

Please Note: The stock market’s unpredictability poses risks, making investing risky. So, before investing in any company’s Stock, research both the company and its Stock thoroughly on your own or seek guidance from a financial advisor.

Who Are Nikola’s Competitors?

Nikola Motor contends with 160 rivals, with 146 of them currently operational. Among these, 40 competitors secured funding, while 21 have exited the market. Noteworthy challengers to Nikola Motor encompass TuSimple, Kodiak Robotics, Arrival, Embark, and PlusAI. Among them, Nikola Motor engages with 146 active competitors.

Here’s a list of the top 10 competitors of Nikola Motor, ranked by their Tracxn score:

  • TuSimple: A San Diego-based company founded in 2014, currently public.
  • Kodiak Robotics: Based in Palo Alto, founded in 2018, at the Series B funding stage.
  • Arrival: A London-based firm founded in 2015, currently public.
  • Embark: Located in San Francisco, founded in 2016, and acquired by another company.
  • PlusAI: A San Francisco-based firm founded in 2016 at the Series C funding stage.
  • Einride: A Stockholm-based company founded in 2016, also at the Series C funding stage.
  • Proterra: Based in Burlingame, founded in 2004, currently public.
  • Wasabi: A Toronto-based company founded in 2021, at the Series A funding stage.
  • Tevva: Based in Chelmsford, founded in 2013, at the Series B funding stage.
  • Orange EV: A Riverside-based company founded in 2012 at the Series A funding stage.

In summary, Nikola Motor faces a range of competitors, and its primary rivals are actively working to impact the industry.

Wrapping Up

Nikola is known for making electric vehicles (EVs) and has gained significant attention. It has faced both positive and challenging times. The company’s success relies on effective business plans, delivering promised products, forming partnerships, and securing funds.

It’s important to recognize that the company is still tackling difficulties, which should be considered when pondering its long-term forecasts for 2022, 2023, 2025, or even 2030. 

Remember that predictions about Nikola’s Stock can sometimes be inaccurate, as analysts’ forecasts are based on thoroughly examining the company’s performance. Yet, past performance doesn’t guarantee future outcomes.

Conduct your research and remember that whether you engage in trading depends on your comfort with the risk of potential losses, your comprehension of this market, the diversity of your investment portfolio, and your experience. Also, invest only what you can afford to lose.

That concludes our Nikola stock price Forecast guide.