For Nikola stock forecast 2025, EV sector momentum remains a defining factor. If U.S. infrastructure bills boost hydrogen refueling station coverage by 25%, institutional investors could re-rate the stock, pushing targets around $4.00. To decode that, a higher share price might make Lucid shares appealing to institutional investors as the company will need to do share sales soon, given the upcoming 2026 debt maturities and the depleting cash pile, which stood at $3.6 billion at the end of June. A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes. Data models for Nikola stock forecast 2025 show significant volatility potential, with implied price swings up to 60% annualized. Traders anticipate that Q2 and Q4 earnings calls will be catalysts for directional moves in the $3.00–$4.20 window.
