Workhorse Group Inc. (WKHS)
NASDAQ: WKHS · Real-Time Price · USD
1.410
-0.040 (-2.76%)
At close: Aug 25, 2025, 4:00 PM
1.420
+0.010 (0.71%)
After-hours: Aug 25, 2025, 4:21 PM EDT

Workhorse Group Stock Forecast

WKHS's stock price has decreased by -85.1% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts that cover Workhorse Group stock have a consensus rating of "Hold" and an average price target of $8.68, which forecasts a 515.60% increase in the stock price over the next year. The lowest target is $1.75 and the highest is $15.62.

Price Target: $8.68 (+515.60%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$1.75$8.68$15.62$15.62
Change+24.11%+515.60%+1007.8%+1007.8%

Analyst Ratings

The average analyst rating for Workhorse Group stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingMar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy000000
Buy000000
Hold222222
Sell000000
Strong Sell111110
Total333332

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Roth Capital
Roth Capital
Hold
Maintains
$2$1.75
HoldMaintains$2$1.75+24.11%Aug 18, 2025
TD Cowen
TD Cowen
Hold
Maintains
$3.12$16
HoldMaintains$3.12$16+1,007.80%Nov 20, 2024
TD Cowen
TD Cowen
Hold
Maintains
$38$3.12
HoldMaintains$38$3.12+121.28%Aug 21, 2024
DA Davidson
DA Davidson
Hold
Maintains
$250$125
HoldMaintains$250$125+8,765.25%Apr 1, 2024
RF Lafferty
RF Lafferty
Strong Sell
Downgrades
$75
Strong SellDowngrades$75+5,219.15%Mar 13, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
12.75M
from 6.62M
Increased by 92.70%
Revenue Next Year
18.87M
from 12.75M
Increased by 48.00%
EPS This Year
-15.86
from -51.69
EPS Next Year
-4.34
from -15.86
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.39M-851.92K5.02M13.09M6.62M12.75M18.87M
Revenue Growth
269.80%--160.69%-49.47%92.70%48.00%
EPS
175.00-780.00-184.89-149.45-51.69-15.86-4.34
EPS Growth
-------
Forward PE
-------
No. Analysts
-----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026
High13.5M19.4M
Avg12.8M18.9M
Low11.9M18.1M

Revenue Growth

Revenue Growth20252026
High
104.7%
52.4%
Avg
92.7%
48.0%
Low
79.2%
42.2%

EPS Forecast

EPS20252026
High-16.33-4.46
Avg-15.86-4.34
Low-15.24-4.17

EPS Growth

EPS Growth20252026
High--
Avg--
Low--
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.