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Nikola (NKLA) Competitors

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$0.38 -0.06 (-13.66%)
Closing price 04:00 PM Eastern
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$0.37 -0.01 (-3.16%)
As of 07:59 PM Eastern
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NKLA vs. TSLA, GM, F, THO, WGO, REE, KNDI, FFIE, CENN, and ECDA

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), REE Automotive (REE), Kandi Technologies Group (KNDI), Faraday Future Intelligent Electric (FFIE), Cenntro (CENN), and ECD Automotive Design (ECDA).

Nikola vs.

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

Tesla has a beta of 2.34, indicating that its share price is 134% more volatile than the S&P 500. Comparatively, Nikola has a beta of 1.97, indicating that its share price is 97% more volatile than the S&P 500.

Tesla received 2538 more outperform votes than Nikola when rated by MarketBeat users. Likewise, 63.01% of users gave Tesla an outperform vote while only 51.64% of users gave Nikola an outperform vote.

CompanyUnderperformOutperform
TeslaOutperform Votes
2601
63.01%
Underperform Votes
1527
36.99%
NikolaOutperform Votes
63
51.64%
Underperform Votes
59
48.36%

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
Tesla$97.69B11.12$7.13B$2.04165.59
Nikola$35.84M0.65-$966.28M-$14.26-0.03

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

In the previous week, Tesla had 317 more articles in the media than Nikola. MarketBeat recorded 331 mentions for Tesla and 14 mentions for Nikola. Tesla's average media sentiment score of 0.78 beat Nikola's score of -0.53 indicating that Tesla is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tesla
166 Very Positive mention(s)
49 Positive mention(s)
64 Neutral mention(s)
35 Negative mention(s)
12 Very Negative mention(s)
Positive
Nikola
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
9 Negative mention(s)
0 Very Negative mention(s)
Negative

Tesla has a net margin of 7.26% compared to Nikola's net margin of -840.44%. Tesla's return on equity of 10.31% beat Nikola's return on equity.

Company Net Margins Return on Equity Return on Assets
Tesla7.26% 10.31% 6.15%
Nikola -840.44%-95.73%-46.23%

Tesla currently has a consensus price target of $326.50, indicating a potential downside of 3.35%. Nikola has a consensus price target of $12.00, indicating a potential upside of 3,057.89%. Given Nikola's higher probable upside, analysts plainly believe Nikola is more favorable than Tesla.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tesla
8 Sell rating(s)
12 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.29
Nikola
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20

Summary

Tesla beats Nikola on 18 of the 19 factors compared between the two stocks.

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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$23.13M$44.63B$18.28B$8.98B
Dividend YieldN/A3.32%3.04%3.85%
P/E Ratio-0.0311.1018.4818.82
Price / Sales0.658.619.4880.76
Price / CashN/A11.9610.9337.47
Price / Book0.022.971.944.64
Net Income-$966.28M$3.05B$1.42B$245.69M
7 Day Performance-29.82%-3.63%-2.22%-2.63%
1 Month Performance-68.72%-5.43%-5.13%-2.37%
1 Year Performance-98.20%-17.43%-5.03%13.65%

Nikola Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NKLA
Nikola
1.7405 of 5 stars
$0.38
-13.7%
$12.00
+3,057.9%
-97.9%$23.13M$35.84M-0.031,500
TSLA
Tesla
4.5907 of 5 stars
$355.84
0.0%
$326.50
-8.2%
+82.9%$1.14T$97.69B174.43125,665
GM
General Motors
4.9862 of 5 stars
$48.33
+0.9%
$59.71
+23.5%
+22.6%$48.09B$187.44B7.86162,000
F
Ford Motor
4.9354 of 5 stars
$9.48
+1.3%
$11.89
+25.5%
-23.5%$37.66B$184.99B6.49177,000Ex-Dividend
THO
THOR Industries
3.7482 of 5 stars
$103.79
+1.2%
$113.17
+9.0%
-16.2%$5.52B$10.04B26.5422,300Analyst Downgrade
WGO
Winnebago Industries
4.229 of 5 stars
$45.07
+1.5%
$65.00
+44.2%
-39.0%$1.28B$2.97B-68.295,700
REE
REE Automotive
2.7689 of 5 stars
$8.08
+3.7%
$14.50
+79.5%
-1.0%$112.37M$626,000.00-0.89270News Coverage
Gap Up
KNDI
Kandi Technologies Group
0.6172 of 5 stars
$1.21
+3.4%
N/A-46.1%$104.15M$123.60M-15.13840Positive News
Gap Up
FFIE
Faraday Future Intelligent Electric
0.8145 of 5 stars
$1.60
-9.6%
N/A-82.8%$72.53M$537,000.000.00740High Trading Volume
CENN
Cenntro
0.209 of 5 stars
$0.99
+1.3%
N/A-42.8%$30.48M$22.08M0.00210Gap Up
ECDA
ECD Automotive Design
1.2451 of 5 stars
$0.85
-4.8%
N/A-7.0%$29.35M$15.12M0.00N/A

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This page (NASDAQ:NKLA) was last updated on 2/21/2025 by MarketBeat.com Staff
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