Can WKHS stock reach $18 per share?
In order for WKHS stock to exceed $18 per share, it will need a massive headline. In this new era of investing, if Workhorse stock fans want an ally they have the best one in ARK Invest. They even added WKHS stock to their positions yesterday.
What is the WKHS stock price prediction for 2026-12-04?
Based on our forecasts, a long-term increase is expected, the "WKHS" stock price prognosis for 2026-12-04 is 28.486 USD. With a 5-year investment, the revenue is expected to be around +470.87%.
How much has Workhorse Group (WKHS) stock increased since its IPO?
Since then, WKHS stock has increased by 38.9% and is now trading at $3.07. View which stocks have been most impacted by COVID-19. When is Workhorse Group's next earnings date?
What price target do analysts set for WKHS?
What price target have analysts set for WKHS? 6 equities research analysts have issued 1-year price objectives for Workhorse Group's shares. Their forecasts range from $7.50 to $14.00. On average, they anticipate Workhorse Group's share price to reach $9.38 in the next twelve months.
Will Workhorse stock keep going 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....Workhorse stock news.Long position overnight fee-0.0225%Spread5.102 more rows•Mar 22, 2022
What will Workhorse stock be worth in 2025?
Workhorse stock price stood at $3.09YearMid-YearYear-End2023$5.58$6.842024$8.07$9.282025$10.47$11.652026$12.82$13.978 more rows
Is WKHS stock a good buy?
Workhorse Group has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Can a Workhorse recover?
Workhorse's agreement with Canada's GreenPower is achievable since the company's working capital at the end of 2021 was $188.6 million from $216.2 million in current assets and $27.6 million. Workhorse is still hemorrhaging money. It is yet to recover from the costly recall of 41 vehicles issued in 2021.
What is workhorse prediction?
Based on 6 Wall Street analysts offering 12 month price targets for Workhorse Group in the last 3 months. The average price target is $6.33 with a high forecast of $11.00 and a low forecast of $3.00.
Will HYLN stock go up?
The 3 analysts offering 12-month price forecasts for Hyliion Holdings Corp have a median target of 4.00, with a high estimate of 5.00 and a low estimate of 3.00. The median estimate represents a +11.73% increase from the last price of 3.58.
Did Workhorse get the USPS contract?
EV startup Workhorse has filed an official protest after losing the bid to make the United States Postal Service's next-generation mail vehicle in February, a contract that could ultimately be worth some $6 billion. The USPS instead gave that contract to defense contractor Oshkosh.
Is Workhorse overvalued?
Valuation metrics show that Workhorse Group, Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of WKHS, demonstrate its potential to underperform the market.
Is WKHS undervalued?
Workhorse Grp maintains a prevalent Real Value of $4.28 per share. The last-minute price of the company is $2.81. Based on Macroaxis valuation methodology, the company appears to be undervalued....USD 2.81 0.13 4.42%LowNext ValueHigh0.062.829.02
Is Workhorse a long term?
Although Workhorse Group and its stock don't seem promising at the moment, they may still be worth the high-risk long-term investment as its stock value is at a fifteen-month low.
Is Workhorse owned by GM?
History. Workhorse Custom Chassis, LLC was founded in 1998 by investors who took over the production of General Motors' P30/P32 series stepvan and motorhome chassis. By 2005, they were taken over by Navistar International, which had been selling them diesel engines.
Will NIO go up?
Is NIO Expected To Grow? In the short term, NIO is still expected to grow in 2022 albeit at a slower pace as compared to 2021. As per the chart below, the sell-side analysts have been cutting NIO's top line forecasts for 1H 2022, after the company reported Q1 2022 deliveries and Q4 2021 results.
Should I buy or sell Workhorse Group stock right now?
7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last twelve months. There are cur...
What is Workhorse Group's stock price forecast for 2022?
7 brokers have issued 1-year price objectives for Workhorse Group's stock. Their forecasts range from $3.00 to $7.50. On average, they predict Work...
How has Workhorse Group's stock performed in 2022?
Workhorse Group's stock was trading at $4.36 on January 1st, 2022. Since then, WKHS stock has decreased by 36.0% and is now trading at $2.79. View...
When is Workhorse Group's next earnings date?
Workhorse Group is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022. View our earnings forecast for Workho...
How were Workhorse Group's earnings last quarter?
Workhorse Group Inc. (NASDAQ:WKHS) issued its quarterly earnings data on Tuesday, May, 10th. The company reported ($0.15) earnings per share for th...
What guidance has Workhorse Group issued on next quarter's earnings?
Workhorse Group issued an update on its FY 2022 earnings guidance on Tuesday, June, 7th. The company provided EPS guidance of for the period. The c...
Who are Workhorse Group's key executives?
Workhorse Group's management team includes the following people: Mr. Richard F. Dauch , Pres, CEO & Director (Age 61, Pay $2.36M) Mr. Gregory T....
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 Proterra (PTRA) , Lion Electric (LEV) , Faraday Future Intelligent Electric (FFIE) ,...
"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 3.245 USD today.
Will Workhorse Group stock price grow / rise / go up?
Yes. The WKHS stock price can go up from 3.245 USD to 5.416 USD in...
Is it profitable to invest in Workhorse Group stock?
Yes. The long-term earning potential is + 66.89 % 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 12.960 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 .
Workhorse price prediction
Workhorse filed a complaint for the USPS contract award
Nine Wall Street analysts have been covering the stock. Among the analysts, five have a hold, three have a buy, and one has a sell rating. The analysts’ 12-month average target price for WKHS stock is $20.5, which implies a potential upside of 28.9 percent.
How high can WKHS stock go on the Reddit pump?
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.
Workhorse Group Inc Stock Forecast
After WKHS’s recent run-up, the question now arises, how high can the stock go? It's difficult to say how high a stock can go after the meme crowd takes a fancy to it. After WallStreetBets started pumping AMC Entertainment for the second time in May, any price prediction fell short.
Workhorse Group Inc Stock Price History
Is Workhorse Group Inc Stock Undervalued? The current Workhorse Group Inc [ WKHS] share price is $3.15. The Score for WKHS is 23, which is 54% below its historic median score of 50, and infers higher risk than normal.
Stock Predictions
Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and WKHS is experiencing selling pressure, which indicates risk of future bearish movement.
What stocks have been short squeezed?
Is Workhorse Group Inc stock public? Yes, Workhorse Group Inc is a publicly traded company.
What is Workhorse EV?
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.
Is WKHS stock above 50 day SMA?
Workhorse is an EV (electric vehicle) startup company focusing on the last-mile delivery sector. 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.
WKHS : Workhorse Group stock forecast by Wall Street Analysts
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.
Frequently Asked Questions about Workhorse Group stock forecast
Also, this average forecast of $10.0 represents a -37.5% decrease from the past average forecast of $16.0, 6 months ago from 3 wall street analysts.
WKHS Stock Is Now Broken
From Workhorse Group stock forecast , Workhorse Group (WKHS) stock cannot be a good investment choice. According to AI Pickup, the Workhorse Group stock price forecast for 2022 Feb. is $3.86535112846496
Onus on Management to Help the Investors
Unfortunately for Workhorse stock owners, the trend recently went wrong in a big way. Those who are now stuck from the high of $42 per share are hoping it finds support soon. Again, here is the hope strategy again. Chasing stocks into the stratosphere is fraught with danger. Those who did it in early February had two previews of the dangers.
Overhead Resistance From Last Year
I can accept the investors throwing a fit for a few days. But this long after the event and they’re still making lower lows is concerning. The problem with speculative stocks like this is the lack of fundamentals to support it on bad days. In this case, the technicals on the chart failed, and there is no help from the story line.