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Workhorse Group Shareholders Approve Merger with Motiv

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Workhorse Group Shareholders Approve Merger with Motiv

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Workhorse Group ( (WKHS) ) has provided an announcement.

On November 25, 2025, Workhorse Group Inc. held its annual meeting where shareholders approved several proposals, including the merger with Motiv Electric Trucks. This merger aims to create a leader in the medium-duty EV commercial vehicle market, enhancing Workhorse’s industry positioning and offering potential benefits to shareholders. The transaction is expected to close in the coming weeks, pending customary closing conditions and Nasdaq approval.

The most recent analyst rating on (WKHS) stock is a Hold with a $1.00 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, with significant losses and high leverage posing major risks. While the earnings call provided some positive developments, such as the proposed merger with Motiv, the technical analysis and valuation remain weak, contributing to a low overall score.

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: 1,926,706

Technical Sentiment Signal: Strong Sell

Current Market Cap: $23.82M

See more data about WKHS stock on TipRanks’ Stock Analysis page.

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