NKLA:NSD<\/a>) stock made an impressive gain of more than 6%. The electric vehicle manufacturer caused a stir with its announcement of ITD Industries’ inclusion in its Canadian dealer network, tasked with handling Class 8 truck sales and providing service coverage. Adding to the excitement, Nikola plans to commence deliveries of its much-anticipated hydrogen fuel cell vehicle in late September or early October.<\/p>\n <\/p>\n
Analysts Stance on NKLA Stock:<\/h2>\n
NKLA stock forecast currently averages at USD 2.50 according to four analysts. Their consensus rating leans toward “Buy,” while Stock Target Advisor’s analysts have a “Bearish” outlook. This analysis is based on 2 positive signals with 6 negative signals.<\/p>\n
At the previous closing, NKLA stock traded at USD 1.19, having undergone a notable week-on-week change of +35.23%. However, the past month witnessed a decrease of -36.36%, and over the course of the last year, the stock price plummeted by -76.76%.<\/p>\n
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