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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Banking Nightmare (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
Banking Nightmare (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Buy THIS stock before Taiwan is attacked (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Banking Nightmare (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
Banking Nightmare (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Buy THIS stock before Taiwan is attacked (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Banking Nightmare (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
Banking Nightmare (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Buy THIS stock before Taiwan is attacked (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
NASDAQ:WKHS

Workhorse Group - WKHS Stock Forecast, Price & News

$1.27
+0.03 (+2.42%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$1.18
$1.29
50-Day Range
$1.24
$2.49
52-Week Range
$1.18
$5.39
Volume
12.04 million shs
Average Volume
3.70 million shs
Market Capitalization
$217.39 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.75

Workhorse Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
274.0% Upside
$4.75 Price Target
Short Interest
Bearish
25.06% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.09mentions of Workhorse Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.56) to ($0.26) Per Share

Overall MarketRank

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

1.58 out of 5 stars

Auto/Tires/Trucks Sector

89th out of 97 stocks

Motor Vehicles & Car Bodies Industry

24th out of 29 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

Has Workhorse Group Finally Hit Bottom? 
Workhorse Group is turning a corner with production ramping on its new line of vehicles, Mullen Automotive lags behind and may have a hard time catching up
WKHS Workhorse Group Inc.
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Steer Clear of These 4 Auto Stocks in 2023
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
How Rivian Crushed All Electric Vehicle Stocks Today
Earnings Outlook For Workhorse Group
Why Workhorse Stock Is Falling
See More Headlines
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WKHS Company Calendar

Last Earnings
11/09/2021
Today
3/25/2023
Next Earnings (Estimated)
5/09/2023
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
$4.75
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+274.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-117,270,000.00
Net Margins
-2,334.76%
Pretax Margin
-2,334.74%

Debt

Sales & Book Value

Annual Sales
$5.02 million
Book Value
$0.66 per share

Miscellaneous

Free Float
164,219,000
Market Cap
$217.39 million
Optionable
Not Optionable
Beta
2.85

Key Executives

  • Richard F. Dauch
    Chief Executive Officer, President & 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research 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 1-year price objectives for Workhorse Group's shares. Their WKHS share price forecasts range from $3.00 to $8.00. On average, they predict the company's stock price to reach $4.75 in the next twelve months. This suggests a possible upside of 274.0% 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 start of the year. Since then, WKHS stock has decreased by 16.4% and is now trading at $1.27.
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, May 9th 2023.
View our WKHS earnings forecast
.

How were Workhorse Group's earnings last quarter?

Workhorse Group Inc. (NASDAQ:WKHS) released its quarterly earnings results on Tuesday, November, 9th. The company reported ($0.77) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.58. The business had revenue of ($0.58) million for the quarter, compared to analyst estimates of $1.03 million. Workhorse Group had a negative trailing twelve-month return on equity of 83.79% and a negative net margin of 2,334.76%. During the same quarter last year, the firm posted ($0.78) EPS.

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

Workhorse Group issued an update on its FY 2023 earnings guidance on Wednesday, March, 1st. 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 $117.83 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 many different institutional and retail investors. Top institutional investors include Geode Capital Management LLC (1.96%), Charles Schwab Investment Management Inc. (0.74%), Morgan Stanley (0.64%), First Trust Advisors LP (0.63%), Alps Advisors Inc. (0.55%) and Marshall Wace LLP (0.50%). 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 $1.27.

How much money does Workhorse Group make?

Workhorse Group (NASDAQ:WKHS) has a market capitalization of $217.39 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 3/25/2023 by MarketBeat.com Staff