4/1/2023 0 Comments Workhorse price target![]() ![]() (NASDAQ: SOLO) is a Canadian designer and manufacturer of electric vehicles. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world. It is relatively cheap compared to other EV car companies such as Nio and Tesla. Is IDEX a Good Stock to Buy? In my judgment, IDEX is a good stock to buy at current prices. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. How good is it? See rankings and related performance below. At these target levels, WKHS has a whopping 45% upside potential from here. The company has a moderate buy rating, based on four analysts forecasting twelve-month price targets of $10.50, on average. Consensus around WHKS stock is currently bullish. Top 10 Owners of Workhorse Group Inc Stockholder PB vs Industry: IEX is overvalued based on its PB Ratio (5.3x) compared to the US Machinery industry average (2.4x). It buys vehicles in bulk and sells them individually, earning a spread in the process. ![]() Is Solo a buy Zacks?īut it’s important to remember what Ideanomics’ Chinese EV business is at the moment. Workhorse Group Inc also received an overall rating of 55, putting it above 55% of all stocks. Workhorse Group Inc’s score of 87 means it scores higher than 87% of stocks in the industry. Is WKHS a good company?Ī rating of 87 puts Workhorse Group Inc (WKHS) near the top of the Auto Manufacturers industry according to InvestorsObserver. WKHS is currently trading in the 20-30% percentile range relative to its historical Stock Score levels. The Score for WKHS is 21, which is 58% below its historic median score of 50, and infers higher risk than normal. Is Workhorse Group Inc Stock Undervalued? The current Workhorse Group Inc share price is $3.75. The average price target is $6.75 with a high forecast of $11.00 and a low forecast of $5.00. What is workhorse target price?īased on 6 Wall Street analysts offering 12 month price targets for Workhorse Group in the last 3 months. In an interview with, Vinod Jain, senior analyst at Aite-Novarica Group, said “the stock could see more volatility due to its current price point”. In 2021 its stock price ranged from 88 cents to $5.53. IDEX stock hit a 2022 high of $1.44 in early January and a low of $0.87 later in the same month. ![]() The company’s average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings. Workhorse Group has received a consensus rating of Buy. See rankings and related performance below. The average WORKHORSE GROUP stock price prediction forecasts a potential upside of 181.53% from the current WKHS share price of $4.44. On average, Wall Street analysts predict that WORKHORSE GROUP’s share price could reach $12.50 by Mar 2, 2023. Postal Service (USPS) move to award a multibillion-dollar contract to Oshkosh Defense (OSK. O) voluntarily dismissed on Tuesday its legal challenge against a U.S. WASHINGTON, Sept 14 (Reuters) – Electric vehicle company Workhorse Group (WKHS. Thereof, Will Workhorse win USPS contract? Sentiment has turned towards tech stocks with the Nasdaq Composite rising 8% in that time. 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. Workhorse (WKHS) delivered earnings and revenue surprises of -707.14% and 884.04%, respectively, for the quarter ended December 2021. Workhorse Group (WKHS) Reports Q4 Loss, Misses Revenue Estimates. ![]() Similarly, What’s happening with Workhorse? 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. Even though Workhorse stock’s price looks attractive, it seems best to avoid this stock right now. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |