Workhorse Group Stock Forecast, Price & News

Workhorse Group's stock was trading at $2.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WKHS stock has increased by 1,018.1% and is now trading at $24.71.
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8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Workhorse Group stock.
View analyst ratings for Workhorse Group or view MarketBeat's top 5 stock picks.

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

Workhorse Group is scheduled to release its next quarterly earnings announcement on Friday, March 12th 2021.
View our earnings forecast for Workhorse Group.

Workhorse Group Inc. (NASDAQ:WKHS) posted its earnings results on Monday, November, 9th. The company reported ($0.78) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.11) by $0.67. The business had revenue of $0.57 million for the quarter, compared to the consensus estimate of $0.40 million.
View Workhorse Group's earnings history.

8 brokerages have issued 1-year price targets for Workhorse Group's stock. Their forecasts range from $4.50 to $29.00. On average, they anticipate Workhorse Group's stock price to reach $19.57 in the next year. This suggests that the stock has a possible downside of 20.8%.
View analysts' price targets for Workhorse Group or view Wall Street analyst' top-rated stocks.

Workhorse Group saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 30,540,000 shares, an increase of 18.3% from the December 15th total of 25,810,000 shares. Based on an average trading volume of 19,200,000 shares, the days-to-cover ratio is currently 1.6 days.
View Workhorse Group's Short Interest.

Some companies that are related to Workhorse Group include Tata Motors (TTM), Nikola (NKLA), Oshkosh (OSK), Mazda Motor (MZDAY), Navistar International (NAV), Brilliance China Automotive (BCAUY), Lordstown Motors (RIDE), Niu Technologies (NIU), Federal Signal (FSS), The Shyft Group (SHYF), Stagecoach Group (SAGKF), REV Group (REVG), Electrameccanica Vehicles (SOLO), Kandi Technologies Group (KNDI) and Elio Motors (ELIO).
View all of WKHS's competitors.

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), Square (SQ), Advanced Micro Devices (AMD), Zoom Video Communications (ZM), CrowdStrike (CRWD), Slack Technologies (WORK) and Fastly (FSLY).

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

Workhorse Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Gateway Advisory LLC (0.14%), Nisa Investment Advisors LLC (0.06%), Kestra Advisory Services LLC (0.04%), Patriot Financial Group Insurance Agency LLC (0.01%), International Assets Investment Management LLC (0.00%) and Sterling Investment Advisors Ltd. (0.00%). Company insiders that own Workhorse Group 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, Robert Harry Willison, Stephen M Fleming and Steve Schrader.
View institutional ownership trends for Workhorse Group.

WKHS stock was bought by a variety of institutional investors in the last quarter, including Gateway Advisory LLC, Nisa Investment Advisors LLC, Kestra Advisory Services LLC, Patriot Financial Group Insurance Agency LLC, International Assets Investment Management LLC, and Sterling Investment Advisors Ltd.. Company insiders that have bought Workhorse Group stock in the last two years include Gerald B Budde, and Joseph Theodore Lukens Jr.
View insider buying and selling activity for Workhorse Group or or view top insider-buying stocks.

Shares of WKHS 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.

One share of WKHS stock can currently be purchased for approximately $24.71.

Workhorse Group has a market capitalization of $2.98 billion and generates $380,000.00 in revenue each year. The company earns $-37,160,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. Workhorse Group employs 81 workers across the globe.

The official website for Workhorse Group is www.workhorse.com.

Workhorse Group's mailing address is 100 COMMERCE DRIVE, LOVELAND OH, 45140. The company can be reached via phone at (513) 360-4704 or via email at [email protected]