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Nikola (NKLA) Competitors

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$1.18 +0.01 (+0.85%)
(As of 12/20/2024 05:45 PM ET)

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

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), Gogoro (GGR), Niu Technologies (NIU), REE Automotive (REE), Kandi Technologies Group (KNDI), and Lion Electric (LEV).

Nikola vs.

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

Tesla has a beta of 2.36, indicating that its share price is 136% more volatile than the S&P 500. Comparatively, Nikola has a beta of 1.92, indicating that its share price is 92% more volatile than the S&P 500.

Tesla currently has a consensus price target of $272.06, suggesting a potential downside of 35.39%. Nikola has a consensus price target of $12.00, suggesting a potential upside of 916.95%. 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
9 Sell rating(s)
14 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.23
Nikola
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20

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$97.15B13.91$15.00B$3.65115.36
Nikola$75.53M0.95-$966.28M-$14.26-0.08

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

Tesla received 2527 more outperform votes than Nikola when rated by MarketBeat users. Likewise, 63.12% of users gave Tesla an outperform vote while only 51.64% of users gave Nikola an outperform vote.

CompanyUnderperformOutperform
TeslaOutperform Votes
2590
63.12%
Underperform Votes
1513
36.88%
NikolaOutperform Votes
63
51.64%
Underperform Votes
59
48.36%

In the previous week, Tesla had 209 more articles in the media than Nikola. MarketBeat recorded 210 mentions for Tesla and 1 mentions for Nikola. Tesla's average media sentiment score of 0.51 beat Nikola's score of 0.00 indicating that Tesla is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tesla
65 Very Positive mention(s)
48 Positive mention(s)
52 Neutral mention(s)
32 Negative mention(s)
11 Very Negative mention(s)
Positive
Nikola
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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
Tesla13.07% 10.24% 6.08%
Nikola -840.44%-95.73%-46.23%

Summary

Tesla beats Nikola on 18 of the 19 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$71.82M$46.32B$19.29B$9.07B
Dividend YieldN/A3.35%3.10%4.22%
P/E Ratio-0.089.1711.3217.19
Price / Sales0.9524.7811.07116.80
Price / CashN/A11.9712.3437.86
Price / Book0.072.611.894.78
Net Income-$966.28M$3.18B$1.51B$225.60M
7 Day Performance-17.48%-3.55%-4.94%-1.24%
1 Month Performance-41.19%-1.10%-2.45%3.06%
1 Year Performance-95.26%-23.24%-13.26%16.50%

Nikola Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NKLA
Nikola
1.1438 of 5 stars
$1.18
+0.9%
$12.00
+916.9%
-95.4%$71.82M$75.53M-0.081,500High Trading Volume
TSLA
Tesla
4.2154 of 5 stars
$457.80
+4.9%
$257.36
-43.8%
+70.4%$1.47T$96.77B122.98140,473Analyst Upgrade
Gap Down
GM
General Motors
4.6387 of 5 stars
$51.76
-1.5%
$58.70
+13.4%
+46.0%$56.92B$182.72B5.59163,000
F
Ford Motor
4.4072 of 5 stars
$9.98
-3.9%
$11.83
+18.6%
-16.2%$39.66B$182.74B11.48177,000
THO
THOR Industries
4.6435 of 5 stars
$101.97
-2.5%
$112.33
+10.2%
-16.5%$5.43B$9.69B26.7522,300Dividend Announcement
News Coverage
WGO
Winnebago Industries
4.5919 of 5 stars
$54.50
-1.6%
$68.13
+25.0%
-29.6%$1.58B$2.97B184.705,700Earnings Report
Dividend Announcement
News Coverage
Gap Down
GGR
Gogoro
0.6842 of 5 stars
$0.58
-2.7%
$0.50
-14.3%
-79.9%$172.23M$349.85M0.001,892
NIU
Niu Technologies
1.2066 of 5 stars
$1.81
-1.9%
N/A-17.8%$140.00M$373.49M-4.18550News Coverage
REE
REE Automotive
1.8195 of 5 stars
$10.12
-6.6%
$14.50
+43.3%
+91.9%$106.36M$1.61M-1.12270Earnings Report
News Coverage
Gap Down
KNDI
Kandi Technologies Group
0.5241 of 5 stars
$1.01
+1.0%
N/A-67.3%$86.93M$118.13M-12.50840
LEV
Lion Electric
3.3634 of 5 stars
$0.26
-23.5%
$1.46
+474.2%
N/A$57.69M$176.81M-0.571,350News Coverage

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This page (NASDAQ:NKLA) was last updated on 12/21/2024 by MarketBeat.com Staff
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