Workhorse Group (WKHS) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

WKHS Stock Forecast


Workhorse Group (WKHS) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $2.00, with a high of $3.50 and a low of $0.50. This represents a 277.36% increase from the last price of $0.53.

High: $3.5 Avg: $2 Low: $0.5 Last Closed Price: $0.53

WKHS Stock Rating


Workhorse Group stock's rating consensus is Buy, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (75.00%), 1 Hold (25.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 4 0 1 3 Strong Sell Sell Hold Buy Strong Buy

WKHS Forecast vs Benchmarks


TypeNameUpside
StockWorkhorse Group277.36%
SectorConsumer Cyclical Stocks 4.57%
IdeaElectric Vehicle Stocks List-6.34%
IdeaEV Car Stocks List-13.13%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$0.50
Last Closing Price$0.53$0.53$0.53
Upside/Downside---5.66%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25--2--2
Dec, 24--4--4
Nov, 24-24--6
Oct, 24-25--7
Sep, 24-25--7
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 01, 2024Michael ShliskyD.A. Davidson$0.50$0.23117.39%-5.66%
Aug 09, 2022Craig IrwinRoth Capital$3.50$3.61-3.05%560.38%
Mar 02, 2022Craig IrwinRoth Capital$7.00$3.7984.70%1220.75%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Aug 21, 2024Cowen & Co.HoldHoldhold
Aug 09, 2022Roth CapitalBuyBuydowngrade
Mar 02, 2022Roth CapitalNeutralBuyupgrade
Apr 16, 2021B. Riley SecuritiesBuyinitialise
Feb 26, 2021Roth CapitalNeutralNeutralhold
Nov 17, 2020R.F. LaffertyBuyinitialise

Financial Forecast


EPS Forecast

$-75 $-59 $-43 $-27 $-11 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$0.75$-3.12$-0.67$-0.60---
Avg Forecast$-48.20$-41.99$-13.70$-9.73$-2.44$-1.19$-0.34
High Forecast$-71.93$-62.67$-14.42$-10.19$-2.55$-1.25$-0.36
Low Forecast$-26.56$-23.14$-12.98$-9.27$-2.32$-1.13$-0.32
Surprise %-101.56%-92.57%-95.11%-93.83%---

Revenue Forecast

$-5M $0 $5M $10M $15M $20M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$1.39M$-851.92K$5.02M$13.09M---
Avg Forecast$1.96M$1.38M$11.89M$11.75M$7.76M$13.95M$18.52M
High Forecast$1.29M$904.24K$11.40M$11.32M$7.48M$13.44M$17.85M
Low Forecast$2.71M$1.90M$12.37M$12.17M$8.04M$14.46M$19.19M
Surprise %-29.12%-161.68%-57.74%11.49%---

Net Income Forecast

$-750M $-580M $-410M $-240M $-70M $100M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$69.78M$-401.34M$-105.47M$-123.92M---
Avg Forecast$-499.58M$-435.26M$-142.00M$-100.88M$-25.24M$-12.33M$-3.52M
High Forecast$-745.56M$-649.57M$-149.49M$-105.64M$-26.43M$-12.92M$-3.69M
Low Forecast$-275.33M$-239.88M$-134.50M$-96.12M$-24.05M$-11.75M$-3.36M
Surprise %-113.97%-7.79%-25.73%22.84%---

WKHS Forecast FAQ


Is Workhorse Group stock a buy?

Workhorse Group stock has a consensus rating of Buy, based on 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Workhorse Group is a favorable investment for most analysts.

What is Workhorse Group's price target?

Workhorse Group's price target, set by 4 Wall Street analysts, averages $2 over the next 12 months. The price target range spans from $0.5 at the low end to $3.5 at the high end, suggesting a potential 277.36% change from the previous close price of $0.53.

How does Workhorse Group stock forecast compare to the average forecast of its sector, industry, and investment themes?

Workhorse Group stock forecast shows a 277.36% upside, outperforming the average forecast for the consumer cyclical stocks sector (4.57%), leading the electric vehicle stocks list (-6.34%) and ev car stocks list (-13.13%) investment themes.

What is the breakdown of analyst ratings for Workhorse Group over the past three months?

  • January 2025: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 0% Strong Buy, 33.33% Buy, 66.67% Hold, 0% Sell, 0% Strong Sell.

What is Workhorse Group’s EPS forecast?

Workhorse Group's average annual EPS forecast for its fiscal year ending in December is -2.44 for 2024, a 306.67% increase from the reported $-0.6 in 2023. The prediction for 2025 is $-1.19, and $-0.34 for 2026.

What is Workhorse Group’s revenue forecast?

Workhorse Group's average annual revenue forecast for its fiscal year ending in December is $7.76M for 2024, a -40.74% decrease from the reported $13.09M in 2023. The forecast for 2025 is $13.95M, and $18.52M for 2026.

What is Workhorse Group’s net income forecast?

For its fiscal year ending in December, Workhorse Group's average annual net income forecast is $-25.238M for 2024, reflecting a -79.63% decrease from the reported $-124M in 2023. The projection for 2025 is $-12.334M, and $-3.524M for 2026.