Nasdaq E-100, an all-electric, medium-duty truck, is an electric power train. Workhorse Group's earnings in 2020 is -$137,413,673.On average, 1 Wall Street analysts forecast WKHS's earnings for 2020 to be $4,944,053, with the lowest WKHS earnings forecast at $4,944,053, and the highest WKHS earnings forecast at $4,944,053. Article printed from InvestorPlace Media, Workhorse Group . The Bullish argument suggests WKHS has the potential to capture significant market share of the “Last Mile” industry over time. Investor euphoria has been fueling shares in many electric car manufacturers such as Workhorse Group. Will WKHS stock price rise? 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. from The company's products include trucks comprising powertrain and chassis. Has Workhorse Group (WKHS) Outpaced Other Auto-Tires-Trucks Stocks This Year? The revenue forecasts alongside the potential United States Postal Service award are something long term investors are very bullish on. That is a high number, showing market participants how risky Workhorse Group is compared to most other stocks and broader markets. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. The Man Who Recommended 23 1,000% Winners Is Revealing His #1 Stock for 2020. Workhorse Group Inc Stock Forecast, Predictions & Price Target Add to Watchlist. Who this matters to: Overall Ranking is a comprehensive evaluation. Overview Forecast. Portfolio results are unaudited and based on varying investment expiration dates. Then you may be interested to know that various studies paint an overbought picture and urge caution. Workhorse, trading under NASDAQ: WKHS, is aiming to sell these vans to UPS, FedEx, and DHL. In the long run, Workhorse Group may find itself an acquisition target, creating exceptional shareholder value. Workhorse Group, Inc. finance tips, Workhorse Group, Inc. projections, Not within a year. Based on 4 analysts offering 12 month price targets for Workhorse Group in the last 3 months. WKHS's 54 means that it ranks higher than 54% of stocks. Her passion is for options trading based on technical analysis of fundamentally strong companies. Taking into account the bullish argument, alongside the associated risk for Workhorse we can conclude that the long term (3-5 years) future is bright according to analysts. All rights reserved. Strong Buy. Avg Forecast. Are you an investor who pays attention to short-term technical charts? Led by CEO Duane Hughes, Workhorse has been able to deliver 3 key products that have captivated investor interest: There has been a large divide between the bulls and the bears surrounding Workhorse stock. The Workhorse Group stock price is Table of Contents 1. The company generates key revenue from the Automotive Revenue which consists of sales of any of its E-GEN or E-100 platforms. E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. Workhorse also has a 10% stake in Lordstown Motors , and that may prove a golden egg for the firm. 22.230 USD to Workhorse investors were delighted as the company’s shares in Lordstown could soon be worth considerably more. Since late July, Workhorse shares have doubled. 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. In 2022, WKHS is forecast to generate $2,472,027 in earnings, with the lowest earnings forecast at $-2,118,880 and the highest earnings forecast at $7,062,933. Therefore, the timing of entry in this current period of trading will hold the most weight in mitigating the short term risks (overvalue). The long-term earning potential is WKHS, $WKHS, Workhorse Group Inc stock technical analysis with charts, breakout and price targets, support and resistance levels, and more trend analysis indicators According to our analysis, this will not happen. But the company does not yet have any meaningful revenue, which means its P/S ratio is over 11,671 times. WKHS 22.81 0.51 (2.29%). Pharmaceutical and Biotechnological Stocks, United States Postal Service are set to finalise a $6.3 Billion contract, The current revenue predictions by analysts for 2021 are very strong. WKHS stock price prediction, Workhorse Group Inc. analyst ratings, historical stock prices, earnings estimates & actuals. She especially enjoys setting up weekly covered calls for income generation.