Workhorse Group, Inc. (WKHS)

Workhorse Group Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Workhorse Group stock has a target of 21, which predicts a 723.53% increase from the current stock price of 2.55.

Price Target: $21 (+723.53%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$21	$21	$21	$21
Change	+723.53%	+723.53%	+723.53%	+723.53%

* Price targets were last updated on Aug 18, 2025.

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 '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Craig Irwin Roth Capital	Roth Capital	Hold Maintains $24 → $21	Hold	Maintains	$24 → $21	+723.53%	Aug 18, 2025
Jeffrey Osborne TD Cowen	TD Cowen	Hold Maintains $37 → $187	Hold	Maintains	$37 → $187	+7,250.59%	Nov 20, 2024
Jeffrey Osborne TD Cowen	TD Cowen	Hold Maintains $450 → $37	Hold	Maintains	$450 → $37	+1,368.24%	Aug 21, 2024
Michael Shlisky DA Davidson	DA Davidson	Hold Maintains $3,000 → $1,500	Hold	Maintains	$3,000 → $1,500	+58,723.53%	Apr 1, 2024
Jaime Perez RF Lafferty	RF Lafferty	Hold → Strong Sell Downgrades $900	Hold → Strong Sell	Downgrades	$900	+35,194.12%	Mar 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

40.14M

Increased by 89.23%

from 21.21M

Revenue Next Year

51.71M

Increased by 28.84%

from 40.14M

EPS This Year

-4.14

from -6.76

EPS Next Year

-1.62

from -4.14

Fiscal Year	FY 2019	FY 2020	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	376.56K	1.39M	16.88M	7.04M	21.21M	40.14M	51.71M
Revenue Growth	-	269.80%	1,112.53%	-58.28%	201.12%	89.23%	28.84%
EPS	-	-	-	-9.43	-6.76	-4.14	-1.62
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	42.0M	53.2M
Avg	40.1M	51.7M
Low	37.9M	49.7M

Revenue Growth

Revenue Growth	2026	2027
High	98.0%	32.6%
Avg	89.2%	28.8%
Low	78.8%	23.8%

EPS Forecast

EPS	2026	2027
High	-3.01	-1.67
Avg	-4.14	-1.62
Low	-5.15	-1.56

EPS Growth

EPS Growth	2026	2027
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.