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


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WKHS Stock Forecast


Workhorse Group (WKHS) stock forecast, based on 12 Wall Street analysts, predicts a 12-month average price target of $24.00, with a high of $42.00 and a low of $6.00. This represents a 657.10% increase from the last price of $3.17.

- $9 $18 $27 $36 $45 High: $42 Avg: $24 Low: $6 Last Closed Price: $3.17

WKHS Stock Rating


Workhorse Group stock's rating consensus is Hold, based on 12 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (25.00%), 8 Hold (66.67%), 1 Sell (8.33%), and 0 Strong Sell (0.00%).

Hold
Total 12 0 1 8 3 Strong Sell Sell Hold Buy Strong Buy

WKHS Price Target Upside V Benchmarks


TypeNameUpside
StockWorkhorse Group657.10%
SectorConsumer Cyclical Stocks 12.30%
IdeaElectric Vehicle Stocks List21.66%
IdeaEV Car Stocks List19.35%

Price Target Trends


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$3.17$3.17$3.17
Upside/Downside---
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
May, 26--2--2
Apr, 26--1--1
Dec, 25--2--2
Nov, 25--2--2
Oct, 25--2--2
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 01, 2024Michael ShliskyD.A. Davidson$0.50$0.23117.39%-84.23%
Aug 09, 2022Craig IrwinRoth Capital$3.50$3.61-3.05%10.41%
Mar 02, 2022Craig IrwinRoth Capital$7.00$3.7984.70%120.82%
Analyst Rating Forecasts

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

$-800 $-640 $-480 $-320 $-160 $0 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-779.76$-184.89$-149.45$-51.69$-6.76-
Avg Forecast$-41.99$-13.70$-9.73$-2.44$-1.19$-0.34
High Forecast$-23.14$-12.98$-9.27$-2.32$-1.13$-0.32
Low Forecast$-62.67$-14.42$-10.19$-2.55$-1.25$-0.36
Surprise %1757.01%1249.56%1435.97%2018.44%468.07%-

Revenue Forecast

$-5M $1M $7M $13M $19M $25M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-851.92K$5.02M$13.09M$6.62M$21.21M-
Avg Forecast$1.38M$11.89M$11.75M$7.76M$13.95M$18.52M
High Forecast$1.90M$12.37M$12.17M$8.04M$14.46M$19.19M
Low Forecast$904.24K$11.40M$11.32M$7.48M$13.44M$17.85M
Surprise %-161.68%-57.74%11.49%-14.74%52.05%-

Net Income Forecast

$-650M $-520M $-390M $-260M $-130M $0 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-401.34M$-117.27M$-123.92M$-101.79M$-64.09M-
Avg Forecast$-435.26M$-142.00M$-100.88M$-25.24M$-12.33M$-3.52M
High Forecast$-239.88M$-134.50M$-96.12M$-24.05M$-11.75M$-3.36M
Low Forecast$-649.57M$-149.49M$-105.64M$-26.43M$-12.92M$-3.69M
Surprise %-7.79%-17.41%22.84%303.32%419.59%-

WKHS Forecast FAQ


Is Workhorse Group stock a buy?

Workhorse Group stock has a consensus rating of Hold, based on 12 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 8 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Workhorse Group is a neutral investment for most analysts.

What is Workhorse Group's price target?

Workhorse Group's price target, set by 12 Wall Street analysts, averages $24 over the next 12 months. The price target range spans from $6 at the low end to $42 at the high end, suggesting a potential 657.10% change from the previous closing price of $3.17.

How does Workhorse Group stock forecast compare to its benchmarks?

Workhorse Group's stock forecast shows a 657.10% upside, outperforming the average forecast for the consumer cyclical stocks sector (12.30%), leading the electric vehicle stocks list (21.66%) and ev car stocks list (19.35%) investment ideas.

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

  • May 2026: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • April 2026: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2025: 0% Strong Buy, 0% Buy, 100.00% 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 2026 is $-0.34, marking a -94.97% decrease from the reported $-6.76 in 2025..

What is Workhorse Group’s revenue forecast?

Workhorse Group's average annual revenue forecast for its fiscal year ending in December 2026 is $18.52M, reflecting a -12.69% decrease from the reported $21.21M in 2025.

What is Workhorse Group’s net income forecast?

Workhorse Group's net income forecast for the fiscal year ending in December 2026 stands at $-3.524M, representing a -94.50% decrease from the reported $-64.086M in 2025.