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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
U.S. Loses to China in Shocking WAR GAMES (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Laser breakthrough could send stock soaring 2,467% (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Laser breakthrough could send stock soaring 2,467% (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
U.S. Loses to China in Shocking WAR GAMES (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Laser breakthrough could send stock soaring 2,467% (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Laser breakthrough could send stock soaring 2,467% (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
U.S. Loses to China in Shocking WAR GAMES (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Laser breakthrough could send stock soaring 2,467% (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Laser breakthrough could send stock soaring 2,467% (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:WKHS

Workhorse Group (WKHS) Stock Forecast, Price & News

$0.88
+0.01 (+1.15%)
(As of 06/2/2023 ET)
Compare
Today's Range
$0.86
$0.88
50-Day Range
$0.84
$1.36
52-Week Range
$0.80
$4.73
Volume
7.56 million shs
Average Volume
4.38 million shs
Market Capitalization
$162.21 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.50

Workhorse Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
413.1% Upside
$4.50 Price Target
Short Interest
Bearish
23.22% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.56) to ($0.31) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.42 out of 5 stars

Auto/Tires/Trucks Sector

88th out of 99 stocks

Motor Vehicles & Car Bodies Industry

27th out of 31 stocks


WKHS stock logo

About Workhorse Group (NASDAQ:WKHS) Stock

Workhorse Group, Inc. is a technology company, which engages in the provision of sustainable solutions to the commercial transportation sector. It operates as an original equipment manufacturer, which designs and builds battery-electric vehicles including trucks and aircraft. The firm also creates all-electric delivery trucks and drone systems. The company was founded by Stephen S. Burns on February 20, 2007 and is headquartered in Sharonville, OH.

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WKHS Stock News Headlines

Workhorse Group: Consider Getting Back on the Horse 
Workhorse Group Inc. is ramping production and on track to reach its 2023 goals, including at least $75 million in revenue.
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"
The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>
Q1 2023 Workhorse Group Inc Earnings Call
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"
The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>
Workhorse Group Reports First Quarter 2023 Results
See More Headlines

WKHS Price History

WKHS Company Calendar

Last Earnings
11/09/2021
Today
6/02/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Current Symbol
NASDAQ:WKHS
Fax
N/A
Employees
221
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.50
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$1.50
Forecasted Upside/Downside
+411.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-117,270,000.00
Net Margins
-1,793.78%
Pretax Margin
-1,793.76%

Debt

Sales & Book Value

Annual Sales
$5.02 million
Book Value
$0.57 per share

Miscellaneous

Free Float
177,449,000
Market Cap
$162.76 million
Optionable
Not Optionable
Beta
2.74

Key Executives

  • Richard F. Dauch
    President, Chief Executive Officer & Director
  • Robert M. Ginnan
    Chief Financial Officer
  • Joshua Anderson
    Chief Technology Officer
  • Mowry Jeff
    Chief Information Officer
  • James D. Harrington
    Secretary & Chief Administrative Officer













WKHS Stock - Frequently Asked Questions

Should I buy or sell Workhorse Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" WKHS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WKHS, but not buy additional shares or sell existing shares.
View WKHS analyst ratings
or view top-rated stocks.

What is Workhorse Group's stock price forecast for 2023?

1 Wall Street research analysts have issued twelve-month price targets for Workhorse Group's stock. Their WKHS share price forecasts range from $1.50 to $8.00. On average, they anticipate the company's share price to reach $4.50 in the next year. This suggests a possible upside of 411.4% from the stock's current price.
View analysts price targets for WKHS
or view top-rated stocks among Wall Street analysts.

How have WKHS shares performed in 2023?

Workhorse Group's stock was trading at $1.52 at the beginning of 2023. Since then, WKHS stock has decreased by 42.1% and is now trading at $0.88.
View the best growth stocks for 2023 here
.

When is Workhorse Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our WKHS earnings forecast
.

How were Workhorse Group's earnings last quarter?

Workhorse Group Inc. (NASDAQ:WKHS) issued its earnings results on Tuesday, November, 9th. The company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.19) by $0.58. The company earned ($0.58) million during the quarter, compared to analysts' expectations of $1.03 million. Workhorse Group had a negative net margin of 1,793.78% and a negative trailing twelve-month return on equity of 94.57%. During the same period last year, the business earned ($0.78) earnings per share.

What guidance has Workhorse Group issued on next quarter's earnings?

Workhorse Group updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $75.00 million-$125.00 million, compared to the consensus revenue estimate of $89.24 million.

What is Steve Burns' approval rating as Workhorse Group's CEO?

1 employees have rated Workhorse Group Chief Executive Officer Steve Burns on Glassdoor.com. Steve Burns has an approval rating of 100% among the company's employees. This puts Steve Burns in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Workhorse Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Workhorse Group investors own include Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Nikola (NKLA), Block (SQ), Advanced Micro Devices (AMD), Zoom Video Communications (ZM), CrowdStrike (CRWD), Slack Technologies (WORK) and Fastly (FSLY).

What is Workhorse Group's stock symbol?

Workhorse Group trades on the NASDAQ under the ticker symbol "WKHS."

Who are Workhorse Group's major shareholders?

Workhorse Group's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.07%), State Street Corp (4.75%), Geode Capital Management LLC (1.93%), Charles Schwab Investment Management Inc. (0.71%), First Trust Advisors LP (0.58%) and Credit Suisse AG (0.46%). Insiders that own company stock include Anthony Daly Furey, Duane Hughes, Gerald B Budde, Gregory T Ackerson, H Benjamin Samuels, Harry Demott, Joseph Theodore Lukens Jr, Pamela S Mader, Raymond Joseph Chess, Richard F Dauch, Robert Harry Willison, Stanley Raymond March, Stephen M Fleming and Steve Schrader.
View institutional ownership trends
.

How do I buy shares of Workhorse Group?

Shares of WKHS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Workhorse Group's stock price today?

One share of WKHS stock can currently be purchased for approximately $0.88.

How much money does Workhorse Group make?

Workhorse Group (NASDAQ:WKHS) has a market capitalization of $162.76 million and generates $5.02 million in revenue each year. The company earns $-117,270,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis.

How many employees does Workhorse Group have?

The company employs 221 workers across the globe.

How can I contact Workhorse Group?

Workhorse Group's mailing address is 100 COMMERCE DRIVE, LOVELAND OH, 45140. The official website for the company is www.workhorse.com. The company can be reached via phone at (888) 646-5205 or via email at wkhs@gatewayir.com.

This page (NASDAQ:WKHS) was last updated on 6/3/2023 by MarketBeat.com Staff

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