Workhorse Group Stock Forecast, Price & News

8 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, 5 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, August 9th 2021.
View our earnings forecast for Workhorse Group.

Workhorse Group Inc. (NASDAQ:WKHS) released its earnings results on Monday, May, 10th. The company reported ($1.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.19) by $0.85. The firm had revenue of $0.52 million for the quarter, compared to analysts' expectations of $2.38 million. Workhorse Group had a negative net margin of 3,032.13% and a negative trailing twelve-month return on equity of 127.42%.
View Workhorse Group's earnings history.

Workhorse Group's stock was trading at $2.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WKHS shares have increased by 388.2% and is now trading at $10.79.
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8 analysts have issued 12-month target prices for Workhorse Group's stock. Their forecasts range from $8.50 to $29.00. On average, they anticipate Workhorse Group's stock price to reach $19.58 in the next year. This suggests a possible upside of 81.5% 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 Fisker (FSR), Navistar International (NAV), Brilliance China Automotive (BCAUY), Federal Signal (FSS), Niu Technologies (NIU), The Shyft Group (SHYF), Lordstown Motors (RIDE), REV Group (REVG), Stagecoach Group (SAGKF), Lightning eMotors (ZEV), Kandi Technologies Group (KNDI), Electrameccanica Vehicles (SOLO), Property Solutions Acquisition (PSAC), Forum Merger III (FIII) and Electric Last Mile Solutions (ELMS).
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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."

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 $10.79.

Workhorse Group has a market capitalization of $1.33 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]