Current WKHS stock forecast trends suggest speculative sentiment dominates, with daily volume spikes tied to EV sector news. A sustained push above the 50-day moving average at $0.46 would indicate near-term bullish resilience. Meanwhile, Canoo made headlines for its exorbitant spending, with its CEO's private jet bills reportedly twice the company's 2023 annual revenues. In April, GOEV expressed doubts about its ability to continue operating, stating that its current cash resources are insufficient for the next 12 months. The company leaned hard into dilutive activity in 2024, lifting its share count by roughly 150% on average for Q4 and more than 100% for the year. The short interest in this stock is running near 20% in Q1. Traders monitoring WKHS stock forecast are eyeing technical support at $0.
