Nikola Non-GAAP EPS of -2.75 misses by 0.46, revenue of 25.18M misses by 11.47M
NKLA Stock | USD 1.18 0.01 0.85% |
About 70% of Nikola Corp's investor base is looking to short. The analysis of overall sentiment of trading Nikola Corp stock suggests that many investors are alarmed at this time. The current market sentiment, together with Nikola Corp's historical and current headlines, can help investors time the market. In addition, many technical investors use Nikola Corp stock news signals to limit their universe of possible portfolio assets.
Nikola |
Nikola Corporation reports Q3 2024 results with missed earnings and revenue, but sees growth in hydrogen fuel cell electric trucks and FCEV fleet adoption.
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Nikola Corp Current Investor Sentiment
Panic Vs Confidence
30
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Nikola Corp's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Nikola Corp.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentDisposing |
Nikola Corp Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Nikola Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Nikola Corp Fundamental Analysis
We analyze Nikola Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nikola Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nikola Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Nikola Corp is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Nikola Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nikola Corp stock to make a market-neutral strategy. Peer analysis of Nikola Corp could also be used in its relative valuation, which is a method of valuing Nikola Corp by comparing valuation metrics with similar companies.
Peers
Nikola Corp Related Equities
AGCO | AGCO | 3.26 | ||||
XOS | Xos | 2.63 | ||||
CAT | Caterpillar | 1.57 | ||||
DE | Deere | 1.37 | ||||
PCAR | PACCAR | 0.78 | ||||
WNC | Wabash National | 0.53 | ||||
HYFM | Hydrofarm Holdings | 1.61 |
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When running Nikola Corp's price analysis, check to measure Nikola Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nikola Corp is operating at the current time. Most of Nikola Corp's value examination focuses on studying past and present price action to predict the probability of Nikola Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nikola Corp's price. Additionally, you may evaluate how the addition of Nikola Corp to your portfolios can decrease your overall portfolio volatility.
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