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Nikola (NKLA) Competitors

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$1.91 -0.03 (-1.55%)
(As of 11/20/2024 ET)

NKLA vs. TSLA, GM, F, THO, WGO, SHYF, NWTN, NIU, GGR, and KNDI

Should you be buying Nikola stock or one of its competitors? The main competitors of Nikola include Tesla (TSLA), General Motors (GM), Ford Motor (F), THOR Industries (THO), Winnebago Industries (WGO), The Shyft Group (SHYF), NWTN (NWTN), Niu Technologies (NIU), Gogoro (GGR), and Kandi Technologies Group (KNDI).

Nikola vs.

Nikola (NASDAQ:NKLA) and Tesla (NASDAQ:TSLA) are both auto/tires/trucks companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, earnings, media sentiment, analyst recommendations, dividends, valuation, profitability, institutional ownership and community ranking.

Tesla received 2519 more outperform votes than Nikola when rated by MarketBeat users. Likewise, 63.11% of users gave Tesla an outperform vote while only 51.64% of users gave Nikola an outperform vote.

CompanyUnderperformOutperform
NikolaOutperform Votes
63
51.64%
Underperform Votes
59
48.36%
TeslaOutperform Votes
2582
63.11%
Underperform Votes
1509
36.89%

In the previous week, Tesla had 198 more articles in the media than Nikola. MarketBeat recorded 200 mentions for Tesla and 2 mentions for Nikola. Tesla's average media sentiment score of 0.68 beat Nikola's score of 0.63 indicating that Tesla is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nikola
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tesla
109 Very Positive mention(s)
26 Positive mention(s)
41 Neutral mention(s)
15 Negative mention(s)
4 Very Negative mention(s)
Positive

Nikola currently has a consensus target price of $12.00, suggesting a potential upside of 528.27%. Tesla has a consensus target price of $230.18, suggesting a potential downside of 32.70%. Given Nikola's stronger consensus rating and higher probable upside, analysts clearly believe Nikola is more favorable than Tesla.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nikola
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20
Tesla
9 Sell rating(s)
16 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.13

37.4% of Nikola shares are held by institutional investors. Comparatively, 66.2% of Tesla shares are held by institutional investors. 0.7% of Nikola shares are held by insiders. Comparatively, 20.7% of Tesla shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Nikola has a beta of 2.07, indicating that its share price is 107% more volatile than the S&P 500. Comparatively, Tesla has a beta of 2.29, indicating that its share price is 129% more volatile than the S&P 500.

Tesla has a net margin of 13.07% compared to Nikola's net margin of -840.44%. Tesla's return on equity of 10.24% beat Nikola's return on equity.

Company Net Margins Return on Equity Return on Assets
Nikola-840.44% -95.73% -46.23%
Tesla 13.07%10.24%6.08%

Tesla has higher revenue and earnings than Nikola. Nikola is trading at a lower price-to-earnings ratio than Tesla, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nikola$35.84M3.24-$966.28M-$14.26-0.13
Tesla$97.15B11.30$15.00B$3.6593.71

Summary

Tesla beats Nikola on 16 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NKLA vs. The Competition

MetricNikolaMotor vehicles & car bodies IndustryAuto SectorNASDAQ Exchange
Market Cap$116.26M$41.91B$16.83B$8.82B
Dividend YieldN/A3.19%3.11%4.07%
P/E Ratio-0.138.7214.7517.81
Price / Sales3.2427.6812.6774.38
Price / CashN/A10.8111.2132.53
Price / Book0.312.472.094.68
Net Income-$966.28M$3.18B$1.52B$226.08M
7 Day Performance-38.78%-6.68%-4.51%-2.04%
1 Month Performance-50.00%-4.55%-7.84%0.06%
1 Year Performance-93.55%-23.96%-7.63%24.60%

Nikola Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NKLA
Nikola
1.2417 of 5 stars
$1.91
-1.5%
$12.00
+528.3%
-93.6%$118.08M$35.84M-0.131,500Options Volume
TSLA
Tesla
4.6193 of 5 stars
$342.03
-1.1%
$230.18
-32.7%
+45.2%$1.11T$96.77B93.71140,473Analyst Forecast
Insider Trade
GM
General Motors
4.5911 of 5 stars
$54.88
-0.4%
$56.92
+3.7%
+92.4%$60.60B$171.84B5.85163,000Insider Trade
F
Ford Motor
3.9754 of 5 stars
$10.73
-3.0%
$12.02
+12.1%
+3.7%$43.92B$176.19B12.19177,000Analyst Revision
THO
THOR Industries
4.6911 of 5 stars
$108.33
+0.4%
$110.80
+2.3%
+5.6%$5.73B$10.04B21.9722,300Positive News
WGO
Winnebago Industries
4.0996 of 5 stars
$57.30
-1.0%
$68.13
+18.9%
-14.7%$1.66B$2.97B191.005,700
SHYF
The Shyft Group
3.4493 of 5 stars
$13.42
+0.6%
$18.00
+34.1%
+17.6%$460.16M$872.20M0.003,000
NWTN
NWTN
0.547 of 5 stars
$1.18
+2.6%
N/A-84.6%$329.11MN/A0.00103
NIU
Niu Technologies
1.632 of 5 stars
$1.79
-2.2%
N/A-25.7%$141.93M$373.49M0.00550News Coverage
GGR
Gogoro
1.7128 of 5 stars
$0.46
flat
$1.35
+190.9%
-83.0%$136.97M$349.85M0.001,892Analyst Forecast
KNDI
Kandi Technologies Group
0.1766 of 5 stars
$1.10
flat
N/A-60.0%$95.11M$123.60M0.00840Gap Down

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This page (NASDAQ:NKLA) was last updated on 11/21/2024 by MarketBeat.com Staff
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