1/5/2024 0 Comments Workhorse target price![]() He has lowered his target price for Workhorse shares to. The 12-month stock price forecast is 6.46, which is an increase of 121.61 from the latest. Group Inc have a median target of 6 View analysts price targets for Workhorse Group. When news came earlier this month that the decision would again be delayed until sometime next year, shares sank 20%. Workhorse, a small truck maker with big ambitions, was counting on the deal for a surge in revenue. Workhorse Group Inc (WKHS) 2.774.81 Key Stats Company Information Analyst Recommendation Based on 13 Wall street analysts offering stock ratings for. According to 13 analysts, the average rating for WKHS stock is Buy. Workhorse (NASDAQ: WKHS) investors saw their holdings dramatically. After several delays, a decision was expected by the end of this year. It seems investors are counting on a part of the USPS contract to support the valuation of the stock. ![]() And Workhorse also has a 10% interest in another EV upstart, Lordstown Motors ( RIDE 2.58%). One thing that also has investors interested is whether the company could get even part of a $6 billion contract from the U.S. Still, in July, BTIG raised its price target to 26, the second-highest on the Street, assuming Workhorse will produce about eight vans a day next year, and secure a portion of the USPS contract federal fleet of vehicles would be replaced by EVs made in the United States View live WORKHORSE GROUP INC chart to track its stock's price action The Workhorse 52-week. The company has also applied for Federal Aviation Administration (FAA) certification for its HorseFly unmanned drone that Workhorse says "can deliver parcels, carry sensors and cameras, and operate autonomously with a high degree of precision." Its two C-Series electric trucks offer 650 or 1,000 cubic feet of cargo space and have 100 miles of range. Workhorse's trucks serve the last-mile segment in short-distance deliveries.
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