Nikola stock forecast 2025 hydrogen trucking sector data for 2025

Hydrogen trucking sector data for 2025 suggests Nikola may benefit from carbon credit trading. Revenue boosts from credits could add $0.30–$0.50 to share value, supporting a forecast range of $3.10 to $4.00, depending on credit market prices. "What was going on that Monday through Wednesday is we had a very serious mean reversion program hitting all the winners, and they were hitting anything that was up," Navellier said of the prior week, pointing to the broader sell-off in markets and tech stocks. While the RSI of 28 indicates the stock is undervalued (and it did bring in a record $31 million in revenue in Q2 2024), poor performance and constantly negative headlines will likely keep NKLA shares in the basement for the rest of the year. Nikola’s 2025 upside case relies heavily on hydrogen technology cost curve declines. Breakthroughs on fuel cell efficiency could narrow losses, paving the path for the share price to test $4.50 levels in optimistic scenarios.