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how high can workhorse stock go

by Daniella Rowe Published 3 years ago Updated 2 years ago
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14 Days Historical Data

Date Opening price Closing price Minimum price Maximum price
2022-04-05 Open: 5.260 Close: 5.040 Low: 5.030 High: 5.260
2022-04-04 Open: 4.960 Close: 5.340 Low: 4.960 High: 5.350
2022-04-01 Open: 4.940 Close: 4.750 Low: 4.610 High: 4.940
2022-03-31 Open: 4.890 Close: 5.000 Low: 4.880 High: 5.070
Apr 21 2022

Full Answer

Should you buy workhorse stock on wallstreetbets?

May 06, 2022 · On average, they expect Workhorse Group's stock price to reach $6.80 in the next year. This suggests a possible upside of 135.3% from the stock's current price. View analysts' price targets for Workhorse Group or view top-rated stocks among Wall Street analysts .

Will Workhorse Group stock grow/rise/go up?

14 rows · If you are looking for stocks with good return, Workhorse Group Inc can be a profitable ...

Why did workhorse stock drop?

Jun 24, 2021 · Workhorse (WKHS) Stock’s Near-Term Upside Remains Amid Reddit Pump By Anuradha Garg. Jun. 24 2021, Published 12:37 p.m. ET

What is the price targets for Workhorse Group (WKHS)?

Apr 29, 2022 · Workhorse Group Inc. analyst estimates, including WKHS earnings per share estimates and analyst recommendations. ... 3:03p A rough 4 months for stocks: S&P 500 books the worst start to a year ...

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Jun 03, 2021 · Workhorse took a $136.6 million hit due to the company’s ill-timed investment in Lordstown Motors (NASDAQ: RIDE ). Due to the chip shortage and possibly other factors, Workhorse has reduced its ...

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Will Workhorse stock go up?

Struggling electric vehicle (EV) maker Workhorse Group (WKHS) has seen its stock price rise 42% over the last week and today (22 March) is priced at $4.43. Sentiment has turned towards tech stocks with the Nasdaq Composite rising 8% in that time.
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Workhorse stock news.
Long position overnight fee-0.0225%
Spread5.55
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Mar 22, 2022

Is Workhorse a good stock to buy now?

Even though Workhorse stock's price looks attractive, it seems best to avoid this stock right now. Irrespective of where the stock's price may move in 2022, the company's fundamentals and long-term prospects don't look very bright as of now.Jan 20, 2022

Will Workhorse get the USPS contract?

Sept. 14, 2021, at 8:32 p.m. WASHINGTON (Reuters) -Electric vehicle company Workhorse Group voluntarily dismissed on Tuesday its legal challenge against a U.S. Postal Service (USPS) move to award a multibillion-dollar contract to Oshkosh Defense for delivery vehicles.Sep 14, 2021

Who is buying WKHS?

Institutional investors purchased a net $5.6 million shares of WKHS during the quarter ended June 2019.
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Top 10 Owners of Workhorse Group Inc.
StockholderInvesco Capital Management LLC
Shares owned4,120,776
Total value ($)20,603,880
Shares bought / sold+513,460
Total change+14.23%
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Is Workhorse Group a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last twelve months. There are currently 3 hold rati...

How has Workhorse Group's stock been impacted by Coronavirus?

Workhorse Group's stock was trading at $2.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organizatio...

When is Workhorse Group's next earnings date?

Workhorse Group is scheduled to release its next quarterly earnings announcement on Monday, May 9th 2022. View our earnings forecast for Workhorse...

How were Workhorse Group's earnings last quarter?

Workhorse Group Inc. (NASDAQ:WKHS) released its earnings results on Tuesday, November, 9th. The company reported ($0.77) EPS for the quarter, missi...

What guidance has Workhorse Group issued on next quarter's earnings?

Workhorse Group issued an update on its FY 2022 earnings guidance on Tuesday, March, 15th. The company provided EPS guidance of for the period. The...

What price target have analysts set for WKHS?

7 equities research analysts have issued 1-year price objectives for Workhorse Group's shares. Their forecasts range from $6.00 to $7.50. On averag...

Who are Workhorse Group's key executives?

Workhorse Group's management team includes the following people: Richard F. Dauch , Chief Executive Officer & Director Robert M. Ginnan , Chief...

What is Steve Burns' approval rating as Workhorse Group's CEO?

1 employees have rated Workhorse Group CEO Steve Burns on Glassdoor.com . Steve Burns has an approval rating of 100% among Workhorse Group's emplo...

Who are some of Workhorse Group's key competitors?

Some companies that are related to Workhorse Group include Brilliance China Automotive (BCAUY) , Federal Signal (FSS) , Proterra (PTRA) , The S...

"Should I invest in Workhorse Group stock?" "Should I trade "WKHS" stock today?"

According to our live Forecast System, Workhorse Group Inc stock is an awesome long-term (1-year)...

What is the Workhorse Group stock price / share price today?

The Workhorse Group stock price is 3.480 USD today.

Will Workhorse Group stock price grow / rise / go up?

Yes. The WKHS stock price can go up from 3.480 USD to 6.282 USD in...

Is it profitable to invest in Workhorse Group stock?

Yes. The long-term earning potential is + 80.51 % in one year.

Will WKHS stock price fall / drop?

No. See above .

What will Workhorse Group stock price be worth in five years (2027)?

The WKHS ("WKHS" ) future stock price will be 18.306 USD .

Will WKHS stock price crash?

According to our analysis, this will not happen.

Will Workhorse Group stock price hit 10 USD price in a year?

Not within a year. See above .

Will Workhorse Group stock price hit 20 USD price in a year?

Not within a year. See above .

What is the complaint against Workhorse?

On June 16, Workhorse formally filed a complaint with the United States Federal Court of Claims protesting the award of the USPS (U.S. Postal Service) contract to Oshkosh, the other competing finalist. It argues that USPS wanted electric trucks, not gas vehicles and Workhorse offered the only bid for an all-electric bid.

Is Workhorse stock tied to USPS?

Since the very beginning, the fortunes in Workhorse stock have been tied to the USPS contract. A lot of the upside was already baked into its stock price on the expectation of the USPS awarding the contract to WKHS. In February, USPS awarded its coveted 10-year contract for delivery vehicles to Oshkosh, which was the only other finalist besides Workhorse. This came as a blow to WKHS stock and it fell by 47 percent in a single day. However, the company has filed a complaint and protested the USPS award.

What stocks have been short squeezed?

Reddit-driven short squeezes have boosted Clover Health, BlackBerry, GameStop, AMC Entertainment, and other stocks to unbelievable highs. However, as such stocks tend to crash as quickly as they climb, it's wise to do some due diligence before investing. Source: TIKR.

How much is WKHS revenue in 2021?

Unlike many other EV startups, WKHS is not in the pre-revenue stage, but actually producing and delivering vehicles. It reported revenue of $521,000 in the first quarter of 2021.

Is Workhorse a popular stock?

Workhorse stock is among the most popular names on WallStreetBets, and several Redditors see value in the stock. A post on WallStreetBets that saw more than 600 upvotes highlights the massive call option buying in WKHS and suggests the stock could be the next AMC Entertainment (AMC) or GameStop (GME).

Is WKHS stock above 50 day SMA?

WKHS stock is currently trading above its 50-day SMA (simple moving average). However, its 200-day SMA of $20.05 could act as resistance. Whereas WKHS has a market capitalization of only about $2.1 billion, it's actually delivering vehicles, unlike some other EV startups.

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