Nikola Corp. (NKLA) PT Lowered to $10 at DA Davidson

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Nikola posts smaller-than-expected loss on robust truck demand

August 9, 2024 9:47 AM EDT

(Reuters) - Nikola beat Wall Street expectations for second-quarter revenue and posted a smaller-than-expected adjusted loss on Friday, signaling an uptick in deliveries of its hydrogen big rigs as clients ramped up spending.Shares of the electric truck maker rose 17% in early trading.

Nikola's results signal that its attempts to pivot away from its battery-powered trucks is paying off as it acquires new... More

Nikola (NKLA) Ships 73 Trucks in Q2, Reports Revenue of $31.32M, Net Loss of $133.67M

August 9, 2024 9:06 AM EDT

Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today reported financial results and business updates... More

Nikola Corp. (NKLA) PT Raised to $12 at DA Davidson

August 8, 2024 4:56 AM EDT

DA Davidson analyst Michael Shlisky raised the price target on Nikola Corp. (NASDAQ: NKLA) to $12.00 (from $1.00) while maintaining a Neutral rating.

The analyst comments "In advance of 2Q earnings, we are updating our model to reflect NKLA's recent 1-for-30 reverse stock split and... More