The outlook for Workhorse stock could be bright if it secures the USPS contract. Workhorse Group (NASDAQ:WKHS) is up 0.67% in early trading after Roth Capital Partners analyst tips that the company is likely to be the recipient of an $8.1B U.S. A A. Additionally, as we discussed in a previous post, investors appear to be banking on the probability that Workhorse will become a part of a $6 billion U.S. According to BTIG analysis, the WKHS downside is to $1 a share (down 95%+) if the USPS contract is lost. WKHS contract will be fine, be patient, and understand dips and run ups will happen prior to contract approval and notifications. Workhorse Is Still a Buy Despite USPS Contract Delay, Says Analyst Marty Shtrubel. Report. Postal Service contract.What Happened: The USPS is ⦠WKHS Stock News: Workhorse Group Inc. plummets after analyst downgrade on USPS contract delays NEWS | 10/16/2020 11:00:00 AM GMT | By Stocks Reporter NASDAQ:WKHS has dropped nearly 25% this week. That makes the stock a ⦠The USPS has been in talks with companies like Workhorse and Ford since 2018 and has been working closely with them for testing. Publicly there is no break-out candidate but WKHS ⦠As not 100% of USPS mail trucks are the infamous LLVs . wkhs will rely on - (dphc) which will also rise based on wkhs movement. Workhorse had a revenue of under 1 ⦠It was widely expected that USPS contract decision will take place on October 13, but Workhorse today announced that it has entered into a note purchase agreement under which it will sell almost $200M aggregate principal amount of its ⦠Although WKHS stock appears to be the logical beneficiary of the U.S. Show previous replies (6) ... there will be GOOD news - just bought 300 more - just give it time. The US Postal Service contract for 165,000 vehicles, a $6.3 billion contract, remains a key contributing factor behind market momentum for the stock, both to the up- ⦠The United States Postal Service(USPS) has been in the news of late as the market is keen to know who it chooses for a $6+ billion next-generation delivery van contract. Workhorse Group investors got some bad news Tuesday. If you cant handle the dips then - sell and invest in something else. Good news on the USPS contract front sends shares flying. By the end of June, WKHS stock had surpassed its ⦠The proposal deadline is set for March 27 th, however, an extension is also a possibility. wkhs penny stock soon. For now, the Postal Service is looking to gather up proposals for its new delivery truck. usps. Workhorse jumped over 13x in the past year, and 2x in the last two weeks. My View I really doubt WKHS will get the contract. HOWEVER. 0 8. Workhorse (NASDAQ: WKHS) Manages To Secure $200 Million In Financing As The Fate Of The Crucial USPS Contract Hangs In ⦠Postal Service further delayed a contract for new mail trucks. Shares of Workhorse Group (NASDAQ: WKHS) are down in after-hours trading Tuesday on news of a delay for the long-awaited U.S. Workhorse stock spent the first half of 2020 plodding along around $3, then suddenly shot up starting in June. Workhorse will tread water until the winner of the USPS contract is clear. We agree and believe that downside will soon be reality. Reply. In 2015, the Postal ⦠Postal Service make WKHS stock attractive By Joel Baglole Dec 23, 2020, 1:47 am EST December 23, 2020 ; ford is getting the usps contract. WKHS Stock News: Workhorse Group Inc freefalls after hours as USPS delays contract once again NASDAQ:WKHS fell 23% after hours on the USPS announcement. Battery ban â had to find a new manufacturer possible battery wont be approved; My guess is whoever gets the contract, there will still be mechanical (ICE) mail trucks for some areas where its not feasible. WKHS stock is worth maybe 10% more than today but not if it does not book the EV contract⦠The contracts include the production of roughly 180,000 delivery vans. ford is getting the usps contract. Postal Service decision regarding vehicle replacement. But now that USPS is âpuntingâ on the contract, that âmateriallyâ increases uncertainty for Workhorse, he wrote in a report. I expect some of that to rub on WKHS stock as well. Reply. Postal Service contract ⦠Postal Service contract.. What Happened: The USPS is ⦠The author presents the bull and bear case for the expected US Postal Service contract decision. Also, any positive or negative news on the USPS contract can tilt the scales one way or another. The market was expecting Workhorse to be in pole position for this contract ⦠WKHS price in the short term is almost entirely dependent on the USPS contract. The USPS is looking forward to upgrading its aging fleet of mail trucks. We surveyed a group of over 1,000 readers on if and why Workhorse Group Inc (NASDAQ: WKHS) will receive the USPS electric vehicle contract. RECENT NEWS. Wkhs news usps. A win would be ⦠Part of investorsâ interest in the WKHS story has rested on ⦠All News. Covid-19 has delayed the pending U.S. Investors have shown a lot of love for all manner of electric vehicle manufacturers in 2020. Dec 04, 2020. Everyone who is anyone was expecting some kind of news on Monday morning when it comes to Workhorse (WKHS) stock. However, General Motors isnât among the companies looking to secure one of those contracts. The USPS Contract. wkhs is a long term investment and with usps - 75-100% the market cap rises and additional contracts will poor in. Workhorse (NASDAQ: WKHS) Manages To Secure $200 Million In Financing As The Fate Of The Crucial USPS Contract Hangs In The Balance Ramish Zafar ⢠Oct 12, 2020 10 WKHS stock follows USPS contract news flow like a puppy dog. Bad news send shares plunging. Millonaria multa al servicio de correo de Estados Unidos por equivocarse de Estatua de la Libertad. Show previous replies (6) ... there will be GOOD news - just bought 300 more - just ⦠Cincinnati public company has more ⦠1 1. Workhorse Group Inc. tumbled as much 25% Wednesday, leading the sector lower, after reports that the U.S. wkhs penny stock soon. Reply. What ⦠Postal Service (USPS) contract. They (the USPS) have been pushing back and pushing back the deadline to make the announcement on who gets USPSâs $6bb contract and hopefully we are approaching the finish line based off a board of governorâs meeting that occurred this week. Workhorse has been a prime beneficiary, with shares up by a massive 645% since the turn of the year. Report. A friendly Biden administration and potentially lucrative contract with the U.S. Shares of Workhorse Group (NASDAQ: WKHS) are down in after-hours trading Tuesday on news of a delay for the long-awaited U.S. Workhorse's USPS Bid: By the end of the year, the United States Postal Service is expected to announce the winner of its Next Generation Development Vehicle contract ⦠0 8. Workhorse Group Inc (NASDAQ:WKHS) shares are down 12.8% Tuesday after a major USPS contract decision was reportedly delayed, prompting a stock downgrade from Roth Capital.. Remember, just because the contract was delayed doesnât mean Workhorse Group is out of the running.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The WKHS â¦
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