Workhorse Group Inc. (WKHS)
NASDAQ: WKHS · Real-Time Price · USD
0.803
+0.047 (6.20%)
At close: Dec 20, 2024, 4:00 PM
0.820
+0.017 (2.07%)
After-hours: Dec 20, 2024, 7:23 PM EST
Workhorse Group Stock Forecast
WKHS's stock price has decreased by -88.52% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Workhorse Group stock have an average target of 5.75, with a low estimate of 1.25 and a high estimate of 10. The average target predicts an increase of 615.71% from the current stock price of 0.80.
Analyst Consensus: Sell
* Price targets were last updated on Nov 20, 2024.
Analyst Ratings
The average analyst rating for WKHS stock from 3 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 4 | 4 | 4 | 4 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $0.25 → $1.25 | Hold | Maintains | $0.25 → $1.25 | +55.59% | Nov 20, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $3 → $0.25 | Hold | Maintains | $3 → $0.25 | -68.88% | Aug 21, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $20 → $10 | Hold | Maintains | $20 → $10 | +1,144.71% | Apr 1, 2024 |
| RF Lafferty | RF Lafferty | Hold → Strong Sell Downgrades $6 | Hold → Strong Sell | Downgrades | $6 | +646.83% | Mar 13, 2024 |
| RF Lafferty | RF Lafferty | Strong Buy → Hold Downgrades $20 | Strong Buy → Hold | Downgrades | $20 | +2,389.42% | Nov 15, 2023 |
Financial Forecast
Revenue This Year
10.75M
from 13.09M
Decreased by -17.90%
Revenue Next Year
37.40M
from 10.75M
Increased by 247.90%
EPS This Year
-3.52
from -11.96
EPS Next Year
-1.64
from -3.52
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.8M | 64.6M | 216.8M |
| Avg | 10.8M | 37.4M | 114.7M |
| Low | 7.2M | 18.1M | 18.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.3% | 500.7% | 479.6% |
| Avg | -17.9% | 247.9% | 206.7% |
| Low | -45.4% | 68.6% | -51.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.02 | -0.75 | -0.36 |
| Avg | -3.52 | -1.64 | -0.37 |
| Low | -4.65 | -3.33 | -0.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.