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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Nikola Corporation    NKLA

NIKOLA CORPORATION

(NKLA)
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Nikola : fuel-cell development head exits, shares fall

04/07/2021 | 01:51pm EDT
U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin

(Reuters) - Nikola Corp said on Wednesday its fuel-cell development head, Jesse Schneider, has left the company to pursue opportunities in the hydrogen industry, sending shares of the electric-truck maker down 5%.

The departure comes just over a month after Nikola disclosed details on its hydrogen fuel-cell-powered product lineup that will include vehicles with a driving range of up to 900 miles.

Schneider, who spent three years at the startup as an executive vice-president, oversaw the development of its fuel cell and hydrogen team, Nikola said in a statement.

The company has been in the limelight ever since a short-seller accused it of fraud in September last year, leading to the resignation of founder Trevor Milton. Nikola had publicly rejected all accusations.

In February, however, Nikola disclosed that the company and Milton had made several statements that were partially or completely inaccurate, after an internal review.

(Reporting by Akanksha Rana in Bengaluru; Editing by Ramakrishnan M.)


© Reuters 2021
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Financials (USD)
Sales 2021 17,8 M - -
Net income 2021 -589 M - -
Net cash 2021 943 M - -
P/E ratio 2021 -8,19x
Yield 2021 -
Capitalization 4 605 M 4 605 M -
EV / Sales 2021 205x
EV / Sales 2022 15,7x
Nbr of Employees 450
Free-Float 36,9%
Chart NIKOLA CORPORATION
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Nikola Corporation Technical Analysis Chart | NKLA | US6541101050 | MarketScreener
Technical analysis trends NIKOLA CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 7
Average target price 27,17 $
Last Close Price 11,75 $
Spread / Highest target 300%
Spread / Average Target 131%
Spread / Lowest Target 27,7%
EPS Revisions
Managers and Directors
NameTitle
Mark A. Russell President, Chief Executive Officer & Director
Kim J. Brady Chief Financial Officer
Stephen J. Girsky Chairman
Dane Davis Chief Technology Officer
Isaac Sloan Chief Information Officer & Software Architect
Sector and Competitors
1st jan.Capitalization (M$)
NIKOLA CORPORATION-23.00%4 723