Workhorse Group Inc. (WKHS)
NASDAQ: WKHS · Real-Time Price · USD
0.961
-0.089 (-8.46%)
At close: Nov 21, 2024, 4:00 PM
0.980
+0.019 (1.96%)
After-hours: Nov 21, 2024, 4:18 PM EST
Workhorse Group Stock Forecast
WKHS's stock price has decreased by -87.14% 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 498.21% from the current stock price of 0.96.
Analyst Consensus: Sell
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 4 | 4 | 4 | 4 | 4 | 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 | +30.05% | Nov 20, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $3 → $0.25 | Hold | Maintains | $3 → $0.25 | -73.99% | Aug 21, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $20 → $10 | Hold | Maintains | $20 → $10 | +940.37% | Apr 1, 2024 |
| RF Lafferty | RF Lafferty | Hold → Strong Sell Downgrades $6 | Hold → Strong Sell | Downgrades | $6 | +524.22% | Mar 13, 2024 |
| RF Lafferty | RF Lafferty | Strong Buy → Hold Downgrades $20 | Strong Buy → Hold | Downgrades | $20 | +1,980.73% | Nov 15, 2023 |
Financial Forecast
Revenue This Year
10.09M
from 13.09M
Decreased by -22.96%
Revenue Next Year
33.90M
from 10.09M
Increased by 236.05%
EPS This Year
-4.71
from -11.96
EPS Next Year
-1.83
from -4.71
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.8M | 64.6M | 216.8M |
| Avg | 10.1M | 33.9M | 114.7M |
| Low | 4.4M | 8.0M | 18.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.3% | 540.2% | 539.4% |
| Avg | -23.0% | 236.1% | 238.2% |
| Low | -66.3% | -20.3% | -46.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.81 | -0.81 | -0.36 |
| Avg | -4.71 | -1.83 | -0.40 |
| Low | -4.56 | -3.33 | -0.44 |
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.