Workhorse Group Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Workhorse Group stock have an average target of $3.00, which predicts a -8.54% decrease from the current stock price of 3.28.

Price Target: $3.00 (-8.54%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$3.00	$3.00	$3.00	$3.00
Change	-8.54%	-8.54%	-8.54%	-8.54%

* Price targets were last updated on Apr 1, 2026.

Analyst Ratings

The average analyst rating for Workhorse Group stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Apr '26
Strong Buy	0
Buy	0
Hold	2
Sell	0
Strong Sell	0
Total	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gregory Lewis BTIG	BTIG	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Apr 2, 2026
Craig Irwin Roth MKM	Roth MKM	Hold Reiterates $3.02 → $3	Hold	Reiterates	$3.02 → $3	-8.54%	Apr 1, 2026

Financial Forecast

Revenue This Year

34.32M

from 21.21M

61.80%

from 21.21M

Revenue Next Year

57.57M

from 34.32M

67.74%

from 34.32M

EPS This Year

-4.21

from -

EPS Next Year

-1.96

from -4.21

Fiscal Year	FY 2019	FY 2020	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	376.56K	1.39M	16.88M	7.04M	21.21M	34.32M
Revenue Growth	-	269.80%	1,112.53%	-58.28%	201.12%	61.80%
Operating Income	-8.02M	282.13M	-42.60M	-35.08M	-40.94M	-55.50M
Net Income	-37.16M	69.78M	-46.84M	-51.59M	-64.09M	-55.90M
EPS	-	-	-	-	-	-4.21
No. Analysts	-	-	-	-	-	1

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027
High	34.3M
Avg	34.3M
Low	34.3M

Revenue Growth

Revenue Growth	2026	2027
High	61.8%
Avg	61.8%
Low	61.8%

EPS Forecast

EPS	2026	2027
High	-
Avg	-4.21
Low	-

EPS Growth

EPS Growth	2027
High	-
Avg	-
Low	-