Free Trial

Nikola (NKLA) Competitors

Nikola logo
$2.79 -0.33 (-10.58%)
(As of 11:07 AM 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 better investment? We will compare the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, dividends, risk, earnings, community ranking, valuation and media sentiment.

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

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$35.84M4.74-$966.28M-$14.26-0.20
Tesla$96.77B10.62$15.00B$3.6587.70

37.4% of Nikola shares are owned by institutional investors. Comparatively, 66.2% of Tesla shares are owned by institutional investors. 0.7% of Nikola shares are owned by insiders. Comparatively, 20.7% of Tesla shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

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%

In the previous week, Tesla had 220 more articles in the media than Nikola. MarketBeat recorded 223 mentions for Tesla and 3 mentions for Nikola. Tesla's average media sentiment score of 0.83 beat Nikola's score of -0.03 indicating that Tesla is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nikola
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Tesla
136 Very Positive mention(s)
23 Positive mention(s)
40 Neutral mention(s)
15 Negative mention(s)
2 Very Negative mention(s)
Positive

Nikola presently has a consensus price target of $12.00, suggesting a potential upside of 330.11%. Tesla has a consensus price target of $228.24, suggesting a potential downside of 28.70%. Given Nikola's stronger consensus rating and higher possible upside, equities 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
8 Sell rating(s)
16 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.16

Tesla received 2517 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
2580
63.11%
Underperform Votes
1508
36.89%

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.
Skip Chart

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.
Skip Chart

NKLA vs. The Competition

MetricNikolaMotor vehicles & car bodies IndustryAuto SectorNASDAQ Exchange
Market Cap$169.83M$36.81B$15.98B$8.91B
Dividend YieldN/A3.70%3.27%4.03%
P/E Ratio-0.208.8515.0517.44
Price / Sales4.7411.1711.3091.11
Price / CashN/A11.0211.7736.42
Price / Book0.452.362.185.92
Net Income-$966.28M$2.98B$1.50B$224.86M
7 Day Performance-9.42%0.68%-1.43%-0.45%
1 Month Performance-34.20%-1.29%-3.90%4.16%
1 Year Performance-91.47%-18.94%-7.27%27.33%

Nikola Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NKLA
Nikola
1.3655 of 5 stars
$2.79
-10.6%
$12.00
+330.1%
-89.7%$169.83M$35.84M-0.201,500Analyst Forecast
TSLA
Tesla
4.7258 of 5 stars
$328.49
-6.1%
N/A+47.6%$1.12T$96.77B90.00140,473Analyst Forecast
Insider Selling
Gap Up
GM
General Motors
4.7026 of 5 stars
$57.41
-0.4%
N/A+114.6%$63.40B$171.84B6.12163,000Short Interest ↓
F
Ford Motor
3.7752 of 5 stars
$11.11
-1.1%
N/A+13.1%$44.63B$176.19B12.62177,000Short Interest ↑
THO
THOR Industries
4.6954 of 5 stars
$111.75
-2.7%
N/A+17.0%$6.10B$10.04B22.6722,300Positive News
WGO
Winnebago Industries
4.278 of 5 stars
$62.59
-3.9%
N/A+0.2%$1.88B$2.97B208.645,700Analyst Upgrade
Analyst Revision
SHYF
The Shyft Group
3.8656 of 5 stars
$14.45
-3.0%
N/A+32.0%$513.97M$872.20M-120.423,000Positive News
NWTN
NWTN
0.5823 of 5 stars
$1.63
+38.1%
N/A-80.3%$337.70MN/A0.00103Short Interest ↑
Gap Down
NIU
Niu Technologies
1.3308 of 5 stars
$2.13
-5.8%
N/A-11.3%$175.28M$373.49M-4.18550Upcoming Earnings
Gap Down
GGR
Gogoro
1.8673 of 5 stars
$0.49
-9.3%
N/A-81.5%$157.06M$349.85M-1.801,892
KNDI
Kandi Technologies Group
0.2694 of 5 stars
$1.28
-5.2%
N/A-56.6%$117.93M$123.60M-128.00840Short Interest ↑
News Coverage
Gap Up

Related Companies and Tools


This page (NASDAQ:NKLA) was last updated on 11/14/2024 by MarketBeat.com Staff
From Our Partners