1/29/2024 0 Comments Workhorse stock forecast 2025![]() This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier. This means that if you invested $100 now, your current investment may be worth 879.226$ on 2024 May 13, Monday. ![]() These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks.įuture price of the stock is predicted at 8.062500563215$ ( 779.226% ) after a year according to our prediction system. For GENERAL MOTORS CO stock forecast for 2024, 12 predictions are offered for each month of 2024 with average GENERAL MOTORS CO stock forecast of 30.04, a high forecast of 31. Amount of Analyst Coverage Workhorse Group has received no research coverage in the past 90 days. ![]() Our site uses a custom algorithm based on Deep Learning that helps our users to decide if WKHS could be a good portfolio addition. The average GENERAL MOTORS CO stock forecast 2023 represents a -9.04 decrease from the last price of 34.2900009155273. 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. Workhorse Group stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period. stock forecastĪs of 2023 May 13, Saturday current price of WKHS stock is 0.917$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception). The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines.1 year Workhorse Group Forecast: 8.062500563215 *ĥ year Workhorse Group Forecast: 49.181 * About the Workhorse Group, Inc. For Workhorse Group stock forecast for 2023, 10 predictions are offered for each month of 2023. Meanwhile, the company is building a plant in Tennessee that, when completed, should meaningfully boost its profitability and enable it to benefit from key provisions provisions of the Democrats’ climate change law. The company expects its 2023 revenue to come in above $200 million, meaning that the company is trading at a very attractive forward price-sales ratio of well under one time.Īs of the date of publication, Larry Ramer owned shares of EVGO. From AI system, total return is 2366.52 from 4098 forecasts. In 2022, before that deal was announced, Tritium received an impressive order total of $195 million. In fact,the order was Tritium’s largest ever, and, under the deal, BP will deploy the company’s chargers ” in the United States, the United Kingdom, Europe, and Australia,” Tritium reported. Stock Price Forecast 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. For 2024, the mean estimate is $266.6 million.Īs I noted in a previous column, “ Tritium (NASDAQ: DCFC ), which builds electric-vehicle chargers, has partnered with one of the world’s largest oil companies, BP (NYSE: BP ).” Showing that the alliance is alive and well, Tritium disclosed that it had obtained a large order from BP. Analysts, on average, expect its top line to climb to $140 million this year versus the $54.6 million that it generated in 2022. Given the high penetration of EVs in California, those new chargers should meaningfully boost EVgo’s top and bottom lines, significantly lifting EVGO stock in the process. Making EVGO on of the best EV charging growth stocks, the company is expanding extremely rapidly. That alone makes some of the best EV charging stocks solid buys. Using the funds, “EVgo will build more than 100 DC fast charging stalls across 17 locations in central and eastern California, including Fresno, Hayward, Manteca, El Cerrito, Antioch and San Jose,” Seeking Alpha noted. After all, on road trips, EV drivers will need to stop to charge. Source: /Nixx PhotographyĮVgo (NASDAQ: EVGO), which already has one of the largest fast-charging networks in the U.S., will be able to add significantly to its network in California without spending any of its own funds. That’s because, on April 4, the company disclosed that it had been awarded $6.6 million from the state to launch EV chargers in central and eastern California. 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.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |