Nikola Corporation Reports Fourth Quarter and Full Year 2023 Results

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Go back to Nikola Corporation Reports Fourth Quarter and Full Year 2023 Results

Nikola Corp. (NKLA) PT Lowered to $1.50 at Deutsche Bank, Lowers Delivery Expectations by Roughly 27%

February 23, 2024 8:50 AM EST

Deutsche Bank analyst Emmanuel Rosner lowered the price target on Nikola Corp. (NASDAQ: NKLA) to $1.50 (from $2.00) while maintaining a Hold rating.

The analyst comments "Looking ahead to 2025, we lower our delivery expectation to 1.1k units, down from 1.5k, and cut our gross... More

Nikola (NKLA) Tops Q4 EPS by 2c, Misses on Revenue, Delivers 35 Hydrogen Trucks

February 22, 2024 8:56 AM EST

(Updated - February 22, 2024 8:57 AM EST)

Nikola (NASDAQ: NKLA) reported Q4 EPS of ($0.11), $0.02 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $11.53 million versus the consensus estimate of $13.15 million. The company produces 42, and delivered 35 hydrogen fuel cell electric... More