Nikola’s 2025 pathway could be strengthened by federal fleet electrification programs. Analysts project this could boost orders by 35%, directly impacting revenue streams and pushing the stock into the $3.90 zone. Tesla represents a familiar and formidable foe with its Semi battery-electric truck. In Nevada, Tesla is developing a Gigafactory, which the company recognizes as its "first high-volume Semi factory." How low can you go? Making an NKLA stock price prediction has been easy in 2024 since shares seemingly cannot stop going lower. The stock’s 52-week high is over $35 per share, but getting back to that point is highly unlikely if you consider the technical signals on the chart. Nikola stock forecast 2025 could be reshaped by battery production costs falling under $100/kWh. This would improve gross profits, with bullish models indicating a potential breakout towards $4.30 if quarterly deliveries hit record highs.
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