Workhorse Group (WKHS) stock forecast for 2024. Forecast tables and graphs.







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Workhorse Group (WKHS) stock forecast for 2024

Updated: July 16, 2024 (14:06)

Sector: Consumer cyclical

The share price of Workhorse Group Inc. (WKHS) now

What analysts predict: $9.35
52-week High/Low: $27.2 / $1.285

50/200 Day Moving Average: $3.057 / $5.6

This figure corresponds to the Average Price over the previous 50/200 days. For Workhorse Group stocks, the 50-day moving average is the resistance level today.

For Workhorse Group stocks, the 200-day moving average is the resistance level today.

Are you interested in Workhorse Group Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Workhorse Group stock price in 2024. How much will one Workhorse Group share be worth in 2024? Is it worth taking profit / loss on WKHS stock now or waiting? What are analysts' forecasts for Workhorse Group stock?

We forecast Workhorse Group stock performance using neural networks based on historical data on WKHS stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Workhorse Group Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Workhorse Group analysts is $9.35. Today 200 Day Moving Average is the resistance level (5.6 $). 50 Day Moving Average is the resistance level (3.057 $).




Historical and forecast chart of Workhorse Group Inc. stock

The chart below shows the historical price of Workhorse Group stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the WKHS stock price can be found in the table below.


Rabochaya Horse Group Inc. designs, manufactures, builds, sells and leases battery-powered electric vehicles and aircraft in the United States. It operates through two divisions – automotive and aviation. The company is also developing real-time cloud and telematic performance monitoring systems that enable fleet operators to optimize energy and route efficiency. Its products include electric cargo vans, medium and light pickups, and horsefly delivery drones. The company was formerly known as AMP Holding Inc.

Workhorse Group (WKHS) Forecast for 2024

Month Target Pes. Opt. Vol., %
Aug 1.85 1.76 2.03 13.12 %
Sep 1.72 1.53 1.92 20.18 %
Oct 1.72 1.52 1.79 15.09 %
Nov 1.67 1.55 1.81 14.25 %
Dec 1.53 1.42 1.67 14.86 %

Workhorse Group information and performance

Workhorse Group Address

100 COMMERCE DRIVE, LOVELAND, OH, US

Market Capitalization: 30 768 900 $

Market capitalization of the Workhorse Group Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of WKHS shares in the company outstanding by the market price of one share.

EBITDA: -97 192 088 $

EBITDA of Workhorse Group is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: N/A

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -11

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 190.44
Quarterly Revenue Growth YOY: -0.209
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 4.867

Enterprise Value (EV) /Revenue

EV To EBITDA: -0.573

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 18761500

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Workhorse Group price target for 2024 by month


Target values for the price of one Workhorse Group share for Aug 2024.

The weighted average target price per Workhorse Group share in Aug 2024 is: 1.85.
In Aug, the Positive dynamics for Workhorse Group Inc. shares will prevail with possible monthly volatility of 13.124% volatility is expected.
Pessimistic target level: 1.76
Optimistic target level: 2.03

Target values for the price of one Workhorse Group share for Sep 2024.

The weighted average target price per Workhorse Group share in Sep 2024 is: 1.72.
In Sep, the Negative dynamics for Workhorse Group Inc. shares will prevail with possible monthly volatility of 20.176% volatility is expected.
Pessimistic target level: 1.53
Optimistic target level: 1.92

Target values for the price of one Workhorse Group share for Oct 2024.

The weighted average target price per Workhorse Group share in Oct 2024 is: 1.72.
In Oct, the Positive dynamics for Workhorse Group Inc. shares will prevail with possible monthly volatility of 15.090% volatility is expected.
Pessimistic target level: 1.52
Optimistic target level: 1.79

Target values for the price of one Workhorse Group share for Nov 2024.

The weighted average target price per Workhorse Group share in Nov 2024 is: 1.67.
In Nov, the Negative dynamics for Workhorse Group Inc. shares will prevail with possible monthly volatility of 14.249% volatility is expected.
Pessimistic target level: 1.55
Optimistic target level: 1.81

Target values for the price of one Workhorse Group share for Dec 2024.

The weighted average target price per Workhorse Group share in Dec 2024 is: 1.53.
In Dec, the Negative dynamics for Workhorse Group Inc. shares will prevail with possible monthly volatility of 14.863% volatility is expected.
Pessimistic target level: 1.42
Optimistic target level: 1.67



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.