Nikola (NKLA) is one of the trending automobile stocks in the market. If you’re looking for the Nikola stock forecast or finding the potential of NKLA, this forecast can be helpful for you. Our forecast is based on a deep technical analysis and the current performance of Nikola stock. Here we will try to analyze the potential of Nikola (NKLA) stock in the long term.
Nikola stock forecast
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2024 | $4.29 | $5.08 | $6.46 |
| 2025 | $5.32 | $7.56 | $8.12 |
| 2026 | $6.86 | $8.24 | $10.46 |
| 2027 | $8.19 | $10.85 | $12.17 |
| 2028 | $10.62 | $12.69 | $14.05 |
| 2029 | $11.29 | $13.08 | $15.19 |
| 2030 | $13.56 | $16.39 | $18.63 |
| 2031 | $16.35 | $19.21 | $21.42 |
| 2035 | $2.81 | $3.29 | $5.05 |
The historical performance of NKLA stock looks extremely volatile. Nikola stock has shown extensive growth just after the IPO launch but it didn’t last long. The value of NKLA stock rallied to an all-time high (ATH) of $79.73 on June 09, 2020, just after the launch of its IPO. However, after rallying to its ATH, since then Nikola has been showing a bearish performance.
The Nikola stock has lost its value by 60% in the recent bearish events. As per our forecast and current market situation, the value of Nikola (NKLA) stock will not recover very soon. If we measure the current performance Nikola will hardly touch its recent ATH this decade. There are possibilities that if the market sees a good bull run the value of NKLA stock may boost in the upcoming months.
Nikola Corporation (NKLA) overview
| Stock Name | Nikola Corporation |
| Ticker Symbol | NKLA |
| Country | USA (Nasdaq) |
| Official Website | nikolamotor.com |
| Sector | Auto Manufacturers |
| Market Cap | $1.31 Billion |
| All-time high | $79.73 (June 09, 2020) |
| CEO | Michael Lohscheller |
| Competitors | Fisker, The Shyft Group, Lion Electric, Workhorse Group. |
Nikola stock forecast 2023
As the whole market is going through bearish events, Nikola’s performance can be slow this year. According to our forecast, the average value of NKLA stock can be around $3.29 in 2023. The year can end with a maximum value of $5.05 if there is any bullish event. However, if a bearish environment continues in the market the minimum value of NKLA stock can be around $2.81. There are strong possibilities that Nikola may recover its position if there is some positive environment in the market.
Nikola stock forecast 2024
According to some market experts, automobile stocks may perform well in 2024. According to our forecast, the maximum value of Nikola stock can be around $6.46 by 2024. However, the average price of Nikola can be around $5.08 if current growth continues. And if there is any bearish trend the minimum price of Nikola stock can be down up to $4.29. In the next bull rally, the prices of Nikola may surge more than our long-term Nikola forecast.
Nikola stock forecast 2025
As per some market experts, the market situation can be better this year. Along with other automobile stocks, the NKLA stock may recover from long bearish events in 2025. As per our price forecast, Nikola can touch the maximum price level of $8.12 in 2025. If current performance continues the average price level of Nikola stock can be around $7.56. However, if there are bearish events in the market the minimum price of Nikola stock can be around $5.32.
Nikola stock forecast 2026
As per our Nikola forecast, their prices can hit a new ATH level this year. If the market performs as per our calculation the maximum value of Nikola may touch $10.46 in 2026. The year 2026 can end with an average value of $8.24 in 2026. However, if the market turns bearish, the minimum value of Nikola can be traded at around $6.86. According to some market experts, the bearish environment can last till 2025 so we have high expectations from 2026.
Nikola stock forecast 2027
Nikola prices may soar and cross the last ATH this year. According to our price forecast, the average value of Nikola stock can be around $10.85. While the minimum value of Nikola can be around $8.19. If the market sees some good movement the value of NKLA stock may skyrocket and surpass most price forecasts. According to our calculation, the maximum value of Nikola stock can be around $12.17.
Nikola stock forecast 2028
Nikola is an emerging electric automaker and it has the potential to touch great heights, as the demand for electric vehicles is increasing day by day. According to our forecast, the average value of Nikola stock can be around $12.69 in 2028. If the market turns bullish the maximum price of Nikola stock may touch $14.05. However, if the market doesn’t perform as per our expectation the minimum price of Nikola stock can be around $10.62.
Nikola stock forecast 2029
Nikola can be a profitable investment in the long term. As per our forecast, the maximum value of Nikola stocks can be around $15.29. The average value of Nikola can be around $13.08 if everything goes as per our calculations. However, if the market sees bearish events the minimum value of Nikola stock can be down up to $11.19. If more investors are attracted to Nikola in between these years the value of Nikola can be much higher in 2029 than our forecast.
Nikola stock forecast 2030
Nikola stock can give great returns if you can hold it till 2030. As per our long-term Nikola stock forecast, their value can hit a new ATH level this year. In 2030, we may expect an average value of $16.39 for Nikola. If the market gets bullish, Nikola may surge more than our forecast. The maximum value of Nikola can be around $18.63 in 2030. However, the minimum value of Nikola can be around $13.12 if the market turns bearish.
Nikola stock forecast 2031
The performance of Nikola can be bullish in 2031 but it will hardly touch the recent ATH. By 2031, we may expect an average price of $19.21. If current growth continues, our maximum forecast for Nikola is $21.42 in 2031. The minimum price level of Nikola can be around $16.35 if the market turns bearish. However, if the market gets bullish, Nikola may surge more than our forecast in 2031.
Nikola Inc (NKLA) Chart
Is Nikola (NKLA) a good stock to buy?
Nikola (NKLA) stock is showing a risk-framing segment. Some market analysts have suggested that the price of Nikola stock can go down if the market doesn’t see a good recovery. The NKLA stock performed like a star in its initial phase but now it is struggling to gain its position. However, if the company takes some bold steps the Nikola stock may recover in the next few months.
Investors need to keep in mind that stock forecasts are not always trustable. Even though Nikola’s performance seems bullish in the long term, Nikola and other stocks are subject to market risk. If you are a smart investor and believe to make long-term investments, Nikola can be a good choice. Before making any investment decision in Nikola (NKLA) or any other stock proper risk management is suggested.
Will Nikola stock recover?
Nikola Inc is currently struggling to manage its position. According to some analysts, the NKLA stock may recover its position in the industry this year. If we measure the current performance, it doesn’t look like the Nikola stock will recover very soon. As per our long-term forecast, the performance of NKLA stock may improve but it will hardly touch the recent ATH.
However, in the stock market, nothing is impossible. As we have seen in the past, a great bull run or bear rally can destroy all the stock forecasts in seconds so it’s not easy to say that the forecasts can be accurate. If more investors are attracted to Nikola stocks and pump their investment the value of Nikola can skyrocket and it may hit the recent ATH before our forecast.
FAQs
What is the latest price target for Nikola (NKLA)?
There are many analysts in the market that has given different price target for Nikola stock. The latest average price target for Nikola (NKLA) is $5.02.
Will Nikola stock go up?
Nikola is one of the most popular automobile stocks in the market that has the potential to touch new highs. However, It’s not easy to forecast the accurate price behavior of Nikola (NKLA) or any other stock. The current market sentiments look bearish but the performance of Nikola stock may improve in the next few months.
Will Nikola be profitable?
According to some market analysts, Nikol (NKLA) is not yet turning profits, but it generated revenue (but still posted losses) in 2021 and 2022. The company created many controversies since its inception but now the company is under new leadership and striving to make progress.
Where will NKLA stock be in 5 years?
The long-term forecast for Nikola (NKLA) looks bullish but the actual value of Nikola stock in five years depends on many factors including the company’s financial performance, demand, and supply of Nikola products. As per our price forecast, the maximum price level of Nikola can be between $10 to $15 in the next 5 years, if current growth continues. However, market experts have suggested that the NKLA stock can be zero if the company situation doesn’t improve.
Where will the Nikola stock be in 10 years?
If we measure the past performance of Nikola and the current market situation the long-term forecast of Nikola stock looks bullish. The market movement can be positive in the upcoming months. Even if the current performance continues, Nikola may cross $30 in the next 10 years. However, if you’re looking for big gains, it depends upon which type of investment you choose, for the long term or the short one.
Is Nikola a good long term investment?
It’s almost impossible to forecast the accurate value of stocks but a long term investment in Nikola looks profitable. As we have measured the performance of NKLA stock it is looking risky. If Nikola products attract more customers or more investors are attracted to Nikola stocks the value of Nikola stocks may improve in upcoming years. We suggest our readers conduct the maximum level of research before making any investment decision in Nikola.
Will Nikola (NKLA) stock survive?
The performance of NKLA stock can be bearish or it may crash but it will survive. There are some market analysts who expect Nikola stock may recover some value this year.
