Workhorse Group Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Workhorse Group stock. 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.
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Workhorse Group is scheduled to release its next quarterly earnings announcement on Monday, November 8th 2021.
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Workhorse Group Inc. (NASDAQ:WKHS) issued its earnings results on Monday, August, 9th. The company reported ($0.35) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.19) by $0.16. The business earned $1.20 million during the quarter, compared to analyst estimates of $5.42 million. Workhorse Group had a net margin of 1,095.71% and a negative trailing twelve-month return on equity of 100.88%. Workhorse Group's quarterly revenue was up 1233.3% on a year-over-year basis.
View Workhorse Group's earnings history.

Workhorse Group's stock was trading at $2.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WKHS stock has increased by 287.3% and is now trading at $8.56.
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9 Wall Street analysts have issued 1-year price objectives for Workhorse Group's stock. Their forecasts range from $8.50 to $29.00. On average, they expect Workhorse Group's stock price to reach $15.67 in the next year. This suggests a possible upside of 83.0% from the stock's current price.
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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.

Some companies that are related to Workhorse Group include Nikola (NKLA), Fisker (FSR), Brilliance China Automotive (BCAUY), Federal Signal (FSS), Niu Technologies (NIU), The Shyft Group (SHYF), Lordstown Motors (RIDE), REV Group (REVG), Ideanomics (IDEX), Electric Last Mile Solutions (ELMS), Lightning eMotors (ZEV), Stagecoach Group (SAGKF), Electrameccanica Vehicles (SOLO), Kandi Technologies Group (KNDI) and Property Solutions Acquisition (PSAC).
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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 retail and institutional investors. Top institutional investors include BlackRock Inc. (7.04%), Susquehanna International Group LLP (0.00%), Vanguard Group Inc. (4.45%), First Trust Advisors LP (2.80%), State Street Corp (2.47%) and Invesco Ltd. (1.99%). 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 sold by a variety of institutional investors in the last quarter, including Private Advisor Group LLC, Invesco Ltd., Capital Fund Management S.A., Balyasny Asset Management LLC, Seaport Global Asset Management LLC, Goldman Sachs Group Inc., Aristides Capital LLC, and Squarepoint Ops LLC. Company insiders that have sold Workhorse Group company stock in the last year include Duane Hughes, Gerald B Budde, Gregory T Ackerson, H Benjamin Samuels, Harry Demott, Pamela S Mader, Raymond Joseph Chess, Robert Harry Willison, Stephen M Fleming, and Steve Schrader.
View insider buying and selling activity for Workhorse Group or view top insider-selling stocks.

WKHS stock was bought by a variety of institutional investors in the last quarter, including Antara Capital LP, Susquehanna International Group LLP, First Trust Advisors LP, Think Investments LP, Morgan Stanley, Morgan Stanley, BlackRock Inc., and IMC Chicago LLC.
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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.
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One share of WKHS stock can currently be purchased for approximately $8.56.

Workhorse Group has a market capitalization of $1.06 billion and generates $1.39 million in revenue each year. The company earns $69.78 million in net income (profit) each year or ($0.63) on an earnings per share basis.

Workhorse Group employs 130 workers across the globe.

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

Workhorse Group is headquartered at 100 COMMERCE DRIVE, LOVELAND OH, 45140.

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].