Workhorse Group Inc. (WKHS)
NASDAQ: WKHS · IEX Real-Time Price · USD
0.230
-0.002 (-0.82%)
Mar 28, 2024, 11:00 AM EDT - Market open
Workhorse Group Stock Forecast
WKHS's stock price has decreased by -81.74% 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 1.60, with a low estimate of 0.30 and a high estimate of 3.00. The average target predicts an increase of 595.65% from the current stock price of 0.23.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for WKHS stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 3 | 3 | 3 | 3 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 1 |
Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
RF Lafferty | RF Lafferty | Hold → Strong Sell Downgrades $0.3 | Hold → Strong Sell | Downgrades | $0.3 | +30.43% | Mar 13, 2024 |
RF Lafferty | RF Lafferty | Strong Buy → Hold Downgrades $1 | Strong Buy → Hold | Downgrades | $1 | +334.78% | Nov 15, 2023 |
BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 15, 2023 |
B. Riley Securities | B. Riley Securities | Strong Buy Maintains $4 → $3 | Strong Buy | Maintains | $4 → $3 | +1,204.35% | Jul 20, 2023 |
DA Davidson | DA Davidson | Hold Maintains $2 → $1.5 | Hold | Maintains | $2 → $1.5 | +552.17% | May 16, 2023 |
Financial Forecast
Revenue This Year
68.90M
from 13.09M
Increased by 426.15%
Revenue Next Year
124.28M
from 68.90M
Increased by 80.38%
EPS This Year
-0.32
from -0.60
EPS Next Year
-0.22
from -0.32
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 94.5M | 206.1M |
Avg | 68.9M | 124.3M |
Low | 34.2M | 34.3M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 621.7% | 199.1% |
Avg | 426.1% | 80.4% |
Low | 161.2% | -50.2% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.21 | -0.19 |
Avg | -0.32 | -0.22 |
Low | -0.43 | -0.25 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
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.