Workhorse Group (WKHS) Stock Price, News & Analysis

Company Overview

Workhorse Group Inc. is a technology-focused manufacturer specializing in electric delivery vehicles and drones designed for last-mile logistics applications. The company develops and produces a range of battery-electric trucks, vans and delivery vehicles aimed primarily at commercial fleet operators seeking zero-emission alternatives. In addition to ground vehicles, Workhorse offers the HorseFly® unmanned aerial system, an electric drone designed to integrate with its vehicle platforms for on-demand package delivery and rooftop inventory management.

The company’s vehicle lineup features medium-duty electric trucks and purpose-built delivery vans equipped with proprietary battery management systems and telematics software. Workhorse models incorporate lightweight composite materials and modular battery packs to optimize range, payload capacity and charging times. Its integrated software platform provides fleet managers with real-time data on vehicle health, route efficiency and energy consumption, enabling streamlined operations and reduced total cost of ownership.

Founded in 2007 under the name AMP Electric Vehicles and rebranded as Workhorse Group in 2013, the company has its headquarters in Loveland, Ohio, and maintains manufacturing facilities in the Midwest. Workhorse serves customers across North America, working with municipalities, package delivery companies and last-mile logistics providers. Over the years, the company has pursued strategic alliances with automotive suppliers and technology partners to enhance production capacity and accelerate the deployment of electric fleets.

Under the leadership of Chief Executive Officer Rick Dauch, Workhorse continues to advance its electric powertrain technologies and expand its product offerings. The management team brings experience in automotive manufacturing, clean energy development and supply chain optimization. Moving forward, Workhorse aims to leverage its drone integration capabilities and zero-emission vehicles to meet growing demand from commercial fleets seeking sustainable transportation solutions.

Key Stats

• Today's Range: $1.97 to $2.20
• 50-Day Range: $0.84 to $4.42
• 52-Week Range: $0.81 to $24.25
• Volume: 2.53 million shs
• Average Volume: 977,550 shs
• Market Capitalization: $20.27 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $15.63
• Consensus Rating: Hold

Workhorse Group Stock Analysis - MarketRank™

Workhorse Group scored higher than 60% of companies evaluated by MarketBeat, and ranked 38th out of 90 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Workhorse Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Workhorse Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Workhorse Group are expected to grow in the coming year, from ($3.80) to ($1.66) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Workhorse Group is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Workhorse Group is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Workhorse Group has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.21% of the float of Workhorse Group has been sold short.

Short Interest Ratio / Days to Cover

Workhorse Group has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Workhorse Group has recently decreased by 85.56%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Workhorse Group does not currently pay a dividend.

Dividend Growth

Workhorse Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.21% of the float of Workhorse Group has been sold short.

Short Interest Ratio / Days to Cover

Workhorse Group has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Workhorse Group has recently decreased by 85.56%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.39

News Sentiment

Workhorse Group has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Workhorse Group this week, compared to 2 articles on an average week.

Search Interest

41 people have searched for WKHS on MarketBeat in the last 30 days. This is an increase of 356% compared to the previous 30 days.

MarketBeat Follows

12 people have added Workhorse Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Workhorse Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.91% of the stock of Workhorse Group is held by insiders.

Percentage Held by Institutions

Only 15.98% of the stock of Workhorse Group is held by institutions.

WKHS Stock Analysis - Frequently Asked Questions

How have WKHS shares performed this year?

Workhorse Group's stock was trading at $8.7250 at the start of the year. Since then, WKHS shares have decreased by 75.5% and is now trading at $2.14.

How were Workhorse Group's earnings last quarter?

Workhorse Group, Inc. (NASDAQ:WKHS) released its quarterly earnings results on Thursday, May, 15th. The company reported ($4.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($4.00) by $0.10. The firm earned $0.64 million during the quarter, compared to analysts' expectations of $2 million. Workhorse Group had a negative trailing twelve-month return on equity of 194.02% and a negative net margin of 1,576.17%.
Read the conference call transcript.

When did Workhorse Group's stock split?

Workhorse Group's stock reverse split on the morning of Monday, March 17th 2025.The 2-25 reverse split was announced on Wednesday, March 12th 2025. The number of shares owned by shareholders was adjusted after the market closes on Friday, March 14th 2025. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Workhorse Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Workhorse Group investors own include Plug Power (PLUG), FuelCell Energy (FCEL), NIO (NIO), Zomedica (ZOM), Tesla (TSLA), NVIDIA (NVDA) and Meta Platforms (META).

Company Calendar

• Last Earnings: 5/15/2025
• Today: 7/19/2025
• Next Earnings (Estimated): 8/19/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: AUTO/TRUCK - ORIG
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:WKHS
• CIK: 1425287
• Web: www.workhorse.com
• Phone: (888) 646-5205
• Fax: N/A
• Employees: 330
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Workhorse Group: $15.63
• High Price Target: $15.63
• Low Price Target: $15.63
• Potential Upside/Downside: +630.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): ($99.75)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$101.79 million
• Net Margins: -1,576.17%
• Pretax Margin: -1,578.15%
• Return on Equity: -194.02%
• Return on Assets: -84.66%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.96
• Quick Ratio: 0.45

Sales & Book Value

• Annual Sales: $6.62 million
• Price / Sales: 3.06
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $11.52 per share
• Price / Book: 0.19

Miscellaneous

• Outstanding Shares: 9,470,000
• Free Float: 9,292,000
• Market Cap: $20.27 million
• Optionable: Optionable
• Beta: 2.53