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Nikola (NKLA) Competitors

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$1.34 +0.13 (+10.74%)
As of 01/17/2025 04:00 PM Eastern

NKLA vs. TSLA, GM, F, THO, WGO, NIU, GGR, KNDI, REE, and FFIE

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), Niu Technologies (NIU), Gogoro (GGR), Kandi Technologies Group (KNDI), REE Automotive (REE), and Faraday Future Intelligent Electric (FFIE).

Nikola vs.

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

Nikola currently has a consensus price target of $12.00, indicating a potential upside of 795.52%. Tesla has a consensus price target of $299.33, indicating a potential downside of 29.82%. Given Nikola's higher probable upside, equities research 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)
14 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.23

Tesla received 2531 more outperform votes than Nikola when rated by MarketBeat users. Likewise, 63.08% 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
2594
63.08%
Underperform Votes
1518
36.92%

In the previous week, Tesla had 248 more articles in the media than Nikola. MarketBeat recorded 248 mentions for Tesla and 0 mentions for Nikola. Tesla's average media sentiment score of 0.75 beat Nikola's score of 0.73 indicating that Tesla is being referred to more favorably in the news media.

Company Overall Sentiment
Nikola Positive
Tesla Positive

Nikola has a beta of 1.99, indicating that its stock price is 99% more volatile than the S&P 500. Comparatively, Tesla has a beta of 2.3, indicating that its stock price is 130% 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%

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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

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$35.84M2.28-$966.28M-$14.26-0.09
Tesla$96.77B14.15$15.00B$3.65116.85

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$81.57M$51.19B$19.71B$9.14B
Dividend YieldN/A2.97%3.03%4.02%
P/E Ratio-0.099.2411.3217.36
Price / Sales2.28226.1278.2977.11
Price / CashN/A10.8311.3535.97
Price / Book0.082.051.714.79
Net Income-$966.28M$3.19B$1.51B$225.00M
7 Day Performance19.64%1.60%1.69%2.37%
1 Month Performance13.56%-0.44%3.42%4.40%
1 Year Performance-93.15%-14.98%-3.16%20.10%

Nikola Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NKLA
Nikola
2.3596 of 5 stars
$1.34
+10.7%
$12.00
+795.5%
-93.2%$81.57M$35.84M-0.091,500
TSLA
Tesla
4.6977 of 5 stars
$426.50
+3.1%
$299.33
-29.8%
+101.0%$1.37T$96.77B116.85140,473
GM
General Motors
4.8235 of 5 stars
$50.90
-1.8%
$59.68
+17.3%
+43.3%$55.97B$171.84B5.43163,000Analyst Revision
F
Ford Motor
4.2181 of 5 stars
$10.17
+1.6%
$11.83
+16.3%
-9.2%$40.43B$176.19B11.56177,000
THO
THOR Industries
3.8902 of 5 stars
$101.97
-1.9%
$111.17
+9.0%
-10.4%$5.43B$10.04B26.0822,300
WGO
Winnebago Industries
4.6331 of 5 stars
$47.73
-2.5%
$64.78
+35.7%
-29.4%$1.36B$2.84B-72.325,700
NIU
Niu Technologies
0.4888 of 5 stars
$1.90
+6.1%
N/A+7.3%$147.36M$373.49M-4.32700Positive News
High Trading Volume
GGR
Gogoro
1.5163 of 5 stars
$0.47
+0.1%
$0.50
+6.9%
-78.7%$138.06M$349.85M-1.461,892Positive News
Gap Up
KNDI
Kandi Technologies Group
0.5475 of 5 stars
$1.15
+7.5%
N/A-54.2%$98.98M$123.60M-14.38840
REE
REE Automotive
3.1258 of 5 stars
$8.80
-0.6%
$14.50
+64.8%
+70.2%$92.49M$1.61M-0.96270Gap Down
FFIE
Faraday Future Intelligent Electric
1.2399 of 5 stars
$1.51
-1.3%
N/A-91.9%$68.45M$780,000.000.00740

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This page (NASDAQ:NKLA) was last updated on 1/21/2025 by MarketBeat.com Staff
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