Profit realization is projected to begin in 2026 at. Amount of Analyst Coverage Workhorse Group has received no research coverage in the past 90 days. As a result, Workhorse is forecasted to incur narrowing losses from 354.3 million by the end of the year, towards 6.0 million by 2025. Both Nikola and Milton were recently subpoenaed by the Department of Justice, regarding claims of short selling in September. Rivian Automotive (RIVN) Stock Forecast, Price & News 12.95 +0.14 (+1.09) (As of 04:00 PM ET) Compare Todays Range 12.59 13.15 50-Day Range 12.00 19.30 52-Week Range 11.68 40.86 Volume 13.37 million shs Average Volume 28.83 million shs Market Capitalization 11. According to analysts' consensus price target of 4.75, Workhorse Group has a forecasted upside of 348.1 from its current price of 1.06. More than anything, investors have lingering concerns regarding legal proceedings involving Nikola and founder Trevor Milton. Shares have fallen 80 since the beginning of 2021. 3 deadline. The terms of the deal revolve around the production of the pickup truck - Nikola Badger, and a fuel cell supply agreement. ( NASDAQ: WKHS) stock closed Friday below 4, at its lowest level in more than 18 months. Nikola has been in talks with General Motors (NYSE: GM) since September and the latter has promised better clarity around the status of the deal before the Dec. If Workhorse is indeed in a strong position to win the USPS contract for upgrading its delivery fleet of 165,000 vehicles, it would be a preeminent source of revenue for the EV company valued at $6.3 billion.Ĥ0.9% of respondents told us Nikola will grow the most in the next five years. Relative to Nikola, Workhorse has very little competition and I believe they will win the USPS contract.” Nikola will be competing against several companies. The ideas and plans that Workhorse has for last-mile delivery truck platforms are incredible. “The EV hype will continue to grow over the next few years. One respondent told us the potential for Workhorse to secure the USPS contract is the main reason they believe Workhorse has potential through 2025. Over the next five years, which stock will have the largest percentage gain: Workhorse or Nikola?Ī majority of traders and investors, 59.1% to be exact, told us shares of Workhorse will grow more in the next five years.īenzinga recently had a chance to catch up with Workhorse CFO Steve Schrader on the status of the USPS contract and delivery guidance. 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. We surveyed a group of over 300 Benzinga investors on whether shares of Workhorse Group (NASDAQ: WKHS) or Nikola (NASDAQ: NKLA) stock would grow the most by 2025. All Rights Reserved.Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. What is Workhorses (WKHS) stock forecast for 2025 Workhorse focuses on last-mile delivery vehicles in the EV space. in 2025 From the current price, the drop will be 4.48. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. the company Workhorse Group (WKHS) stock Forecast for 2023, 2024, 2025. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Stock Price Forecast The 6 analysts offering 12-month price forecasts for Ouster Inc have a median target of 15.00, with a high estimate of 40.00 and a low estimate of 10.00. 3 Workhorse Stock Price Forecast 2023-2024 Workhorse price started in 2023 at 1. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. The 5 analysts offering 12-month price forecasts for Workhorse Group Inc have a median target of 4.00, with a high estimate of 6.00 and a low estimate of 2.00. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.
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