BTIG analyst Gregory Lewis maintains $Nikola (NKLA.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 44.4% and a total average return of 0.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Nikola (NKLA.US)$'s main analysts recently are as follows:
Nikola's third quarter cash consumption exceeded projections, with management indicating a financial runway sufficient for 5 to 6 months of operations.
The company is reportedly gaining commercial traction, with initial customer responses being favorable as it pursues agreements with significant national clients.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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