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Workhorse Group Inc. (WKHS)
NASDAQ: WKHS · Real-Time Price · USD
1.220
-0.180 (-12.86%)
Apr 21, 2025, 4:00 PM EDT - Market closed

Workhorse Group Stock Forecast

WKHS's stock price has decreased by -97.02% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Workhorse Group stock has a target of 15.62, which predicts an increase of 1,180.33% from the current stock price of 1.22.

Analyst Consensus: Hold
Target Low Average Median High
Price $15.62 $15.62 $15.62 $15.62
Change +1180.3% +1180.3% +1180.3% +1180.3%
* Price targets were last updated on Nov 20, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Workhorse Group is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 000000
Buy 000000
Hold 222221
Sell 000000
Strong Sell 111110
Total 333331

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jeffrey Osborne
TD Cowen
 TD Cowen
Hold
Maintains
$3.12 → $16
 Hold Maintains $3.12 → $16 +1,180.33% Nov 20, 2024
Jeffrey Osborne
TD Cowen
 TD Cowen
Hold
Maintains
$38 → $3.12
 Hold Maintains $38 → $3.12 +155.74% Aug 21, 2024
Michael Shlisky
DA Davidson
 DA Davidson
Hold
Maintains
$250 → $125
 Hold Maintains $250 → $125 +10,145.90% Apr 1, 2024
Jaime Perez
RF Lafferty
 RF Lafferty
Strong Sell
Downgrades
$75
 Strong Sell Downgrades $75 +6,047.54% Mar 13, 2024
Jaime Perez
RF Lafferty
 RF Lafferty
Hold
Downgrades
$250
 Hold Downgrades $250 +20,391.80% Nov 15, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
11.68M
from 6.62M
Increased by 76.52%
Revenue Next Year
18.87M
from 11.68M
Increased by 61.57%
EPS This Year
-12.52
from -51.69
EPS Next Year
-4.34
from -12.52
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.39M-851.92K5.02M13.09M6.62M11.68M18.87M
Revenue Growth
269.80%--160.69%-49.47%76.52%61.57%
EPS
175.00-780.00-184.89-149.45-51.69-12.52-4.34
EPS Growth
-------
Forward PE
-------
No. Analysts -----43
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 13.5M 19.4M
Avg 11.7M 18.9M
Low 9.8M 18.1M

Revenue Growth

Revenue Growth 20252026
High
104.7%
66.3%
Avg
76.5%
61.6%
Low
48.1%
55.2%

EPS Forecast

EPS 20252026
High -9.45 -4.46
Avg -12.52 -4.34
Low -15.24 -4.17

EPS Growth

EPS Growth 20252026
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.