Workhorse Group ( (WKHS) ) has released a notification of late filing.
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Workhorse Group Inc., a company known for its innovative electric delivery vehicles, has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The delay is primarily due to the company’s need for additional time to incorporate recent events into the report, which could not be achieved without unreasonable effort and expense. Workhorse Group anticipates filing the delayed report by August 19, 2025, within the five-day extension period allowed. The company has stated that no significant changes in financial results are expected compared to the previous year. Workhorse Group remains committed to compliance and transparency, as evidenced by the notification signed by James D. Harrington, the General Counsel, Chief Compliance Officer, and Secretary.
The most recent analyst rating on (WKHS) stock is a Hold with a $15.63 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 Neutral.
Workhorse Group’s overall stock score is primarily impacted by its poor financial performance, characterized by significant losses and high leverage. Technical analysis and valuation metrics further contribute to a low score, reflecting bearish trends and lack of profitability. The earnings call provides a slight positive offset with strategic initiatives and cost reductions, but the overall outlook remains challenging.
To see Spark’s full report on WKHS stock, click here.
More about Workhorse Group
Average Trading Volume: 3,387,969
Technical Sentiment Signal: Sell
Current Market Cap: $16.39M
See more data about WKHS stock on TipRanks’ Stock Analysis page.