Workhorse Group Adjourns Annual Meeting for Merger Vote

Workhorse Group ( (WKHS) ) just unveiled an update.

On November 12, 2025, Workhorse Group Inc. announced the adjournment of its 2025 Annual Meeting of Stockholders to November 25, 2025, due to a lack of quorum, despite strong support for nine proposals, including a merger with Motiv Power Systems, Inc. The company emphasized the importance of shareholder voting to secure the merger, which is seen as a significant opportunity to enhance its position in the medium-duty EV commercial vehicle market and deliver long-term shareholder value.

The most recent analyst rating on (WKHS) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Workhorse Group stock, see the WKHS Stock Forecast page.

Spark’s Take on WKHS Stock

According to Spark, TipRanks’ AI Analyst, WKHS is a Underperform.

Workhorse Group’s overall stock score is primarily impacted by its weak financial performance and poor valuation metrics. The company’s significant financial challenges, including persistent losses and high leverage, are major concerns. Technical analysis indicates bearish momentum, further weighing down the score. While the earnings call highlighted some strategic initiatives, these are not enough to offset the current financial and technical weaknesses.

To see Spark’s full report on WKHS stock, click here.

More about Workhorse Group

Workhorse Group Inc. is a technology company focused on pioneering the transition to zero-emission commercial vehicles. The company designs and builds its vehicles in the United States, specifically targeting last-mile delivery, medium-duty operations, and a growing range of specialized applications.

Average Trading Volume: 1,151,691

Technical Sentiment Signal: Strong Sell

Current Market Cap: $14.92M

Find detailed analytics on WKHS stock on TipRanks’ Stock Analysis page.