Workhorse Group Inc. (WKHS)
NASDAQ: WKHS · Real-Time Price · USD
1.940
-0.110 (-5.37%)
At close: Mar 28, 2025, 4:00 PM
1.990
+0.050 (2.58%)
After-hours: Mar 28, 2025, 7:57 PM EDT
Workhorse Group Stock Forecast
WKHS's stock price has decreased by -96.65% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Workhorse Group stock have an average target of 70.31, with a low estimate of 15.62 and a high estimate of 125. The average target predicts an increase of 3,524.23% from the current stock price of 1.94.
Analyst Consensus: Hold
* Price targets were last updated on Nov 20, 2024.
Analyst Ratings
The average analyst rating for Workhorse Group stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Total | 4 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $3.12 → $16 | Hold | Maintains | $3.12 → $16 | +705.15% | Nov 20, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $38 → $3.12 | Hold | Maintains | $38 → $3.12 | +60.82% | Aug 21, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $250 → $125 | Hold | Maintains | $250 → $125 | +6,343.30% | Apr 1, 2024 |
| RF Lafferty | RF Lafferty | Hold → Strong Sell Downgrades $75 | Hold → Strong Sell | Downgrades | $75 | +3,765.98% | Mar 13, 2024 |
| RF Lafferty | RF Lafferty | Strong Buy → Hold Downgrades $250 | Strong Buy → Hold | Downgrades | $250 | +12,786.60% | Nov 15, 2023 |
Financial Forecast
Revenue This Year
7.91M
from 13.09M
Decreased by -39.63%
Revenue Next Year
14.23M
from 7.91M
Increased by 80.00%
EPS This Year
-31.05
from -149.45
EPS Next Year
-15.17
from -31.05
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.6M | 15.8M | 19.4M |
| Avg | 7.9M | 14.2M | 18.9M |
| Low | 7.2M | 12.6M | 18.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -34.2% | 99.2% | 36.5% |
| Avg | -39.6% | 80.0% | 32.6% |
| Low | -45.4% | 59.9% | 27.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -12.73 | -9.45 | -4.46 |
| Avg | -31.05 | -15.17 | -4.34 |
| Low | -47.78 | -20.34 | -4.17 |
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.