Counterpoint: Pure electric car sales will surpass 10 million vehicles in 2024, and the growth of hybrid cars will exceed pure electric cars.
China remains the dominant force in the pure electric auto market, with pure electric auto sales expected to be four times that of North America by 2024.
Baird lowered its target price for Nikola to $14.
On July 4th, Baird lowered Nikola's target price from $60 to $14 while maintaining an "outperform" rating against the overall market.
Bullish news keeps coming! The electric vehicle stocks are rising and the industry is shining once again?
The continuous rise of electric car stocks, does it signify the resurgence of the halo of the electric car industry?
Nikola Stock Is Moving Wednesday: What's Going On?
Nikola Corp (NASDAQ:NKLA) shares are trading slightly higher Wednesday after rising more than 8.5% on Tuesday. The stock appears to be moving on continued momentum after the EV maker announced this we
BTIG Maintains Nikola(NKLA.US) With Hold Rating
BTIG analyst Gregory Lewis maintains $Nikola(NKLA.US)$ with a hold rating.According to TipRanks data, the analyst has a success rate of 47.7% and a total average return of 2.0% over the past year.Note
Baird Maintains Nikola(NKLA.US) With Buy Rating, Cuts Target Price to $14
Baird analyst Ben Kallo maintains $Nikola(NKLA.US)$ with a buy rating, and adjusts the target price from $60 to $14.According to TipRanks data, the analyst has a success rate of 43.3% and a total aver
Baird Adjusts Price Target on Nikola to $14 From $60, Maintains Outperform Rating
Nikola (NKLA) has an average outperform rating and a price target range of $10 to $90, according to analysts polled by Capital IQ. Price: 8.31, Change: +0.27, Percent Change: +3.36
Nikola delivered 72 hydrogen fuel cell trucks in the second quarter, exceeding the upper limit of guidance.
On July 3, Gelunhui reported that Nikola, an electric car startup, delivered 72 Level 8 Nikola hydrogen fuel cell trucks to wholesalers in the second quarter, exceeding its expected 50 to 60 trucks. In the first quarter, 40 trucks were delivered. Nikola stated in May of this year that its goal was to deliver 300 to 350 trucks throughout the year. In addition, last week, Nikola announced that it had acquired new customers, including Walmart Canada, which recently received a hydrogen-powered semi-truck.
Nikola Stock Pops After Topping Q2 Sales Guidance
TD Cowen Maintains Nikola(NKLA.US) With Hold Rating, Announces Target Price $10
TD Cowen analyst Jeff Osborne maintains $Nikola(NKLA.US)$ with a hold rating, and sets the target price at $10.According to TipRanks data, the analyst has a success rate of 42.3% and a total average r
Tesla Reports Q2 Deliveries, Joins Rivian Automotive, Archer Aviation And Other Big Stocks Moving Higher On Tuesday
U.S. stocks were higher, with the Nasdaq Composite gaining around 100 points on Tuesday.Shares of Tesla, Inc. (NASDAQ:TSLA) rose sharply in today's session after the company reported second-quarter pr
Express News | Nikola Shares up 13.2%, Set for Best Day Since March; Co's Q2 Hydrogen Powered Truck Deliveries up 80%
Nikola (NASDAQ:NKLA) Soars After Q2 Deliveries Surge by 80%
Nikola (NKLA.US) delivered 72 hydrogen fuel trucks in Q2, exceeding expectations.
Nikola has delivered 72 Level 8 hydrogen fuel cell trucks to wholesalers in the second quarter, exceeding the suggested sales limit of 60 trucks.
What's Going On With Nikola Stock Tuesday?
Nikola Corp (NASDAQ:NKLA) shares are trading higher after falling close to 10% on Monday. The company announced Tuesday that it sold more trucks than it expected to in the second quarter.What Happened
Nikola's Hydrogen Fuel Cell Truck Deliveries Leap in Q2, Beats Expectations
Nikola 2Q Sales Beat Management Expectations
By Sabela Ojea Nikola said it has exceeded its sales guidance for the second quarter after securing higher-than-expected hydrogen fuel cell trucks in the period. The electric-vehicle maker on Tuesda
Nikola Corporation Wholesales 72 Class 8 Hydrogen Fuel Cell Trucks In Q2 2024, Exceeding Sales Guidance; Wholesales 112 Hydrogen Fuel Cell Trucks In First Half Of 2024
Nikola Corporation Wholesales 72 Class 8 Hydrogen Fuel Cell Trucks In Q2 2024, Exceeding Sales Guidance; Wholesales 112 Hydrogen Fuel Cell Trucks In First Half Of 2024
Express News | Nikola Wholesales 72 Hydrogen Fuel Cell Trucks for North American Customers in Q2 2024, Exceeds Sales Guidance
Auto Sector Sees Strong Start But Forecasts Weaker Second Half
RHB Investment Bank (RHB), in its 1Q24 Report Card today (2 July, Tuesday), stated that the auto sector's performance largely missed expectations, with two counters underperforming, one in line, and one surpassing projections.