Workhorse Group (WKHS)
NASDAQ:WKHS
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WKHS Stock Chart & Stats
$2.80
-$0.07(-8.52%)
At close: 4:00 PM EST
$2.80
-$0.07(-8.52%)
Day’s Range― - ―
52-Week Range$2.31 - $67.32
Previous CloseN/A
Volume1.82M
Average Volume (3M)227.69K
Market Cap
$32.57M
Enterprise Value$69.03M
Total Cash (Recent Filing)$600.00K
Total Debt (Recent Filing)$27.91M
Price to Earnings (P/E)―
Beta1.29
Next Earnings
Aug 11, 2026EPS Estimate
-1.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.31
Shares Outstanding10,893,400
10 Day Avg. Volume120,827
30 Day Avg. Volume227,689
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.12
Price to Sales (P/S)2.27
P/FCF Ratio-1.33
Enterprise Value/Market Cap2.12
Enterprise Value/Revenue2.77
Enterprise Value/Gross Profit-5.52
Enterprise Value/Ebitda-1.53
Forecast
1Y Price Target
$3.00Price Target Upside7.14% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)-4.73
Revenue Forecast (FY)$37.16M
Bulls Say, Bears Say
Bulls Say
Revenue & Delivery GrowthSustained quarter-over-quarter revenue and delivery growth indicates early commercial traction and improving production-to-order execution. Over 2–6 months this trend supports scaling revenue recognition, expands installed-base aftermarket potential, and validates demand for fleet EV conversions.
Large Customer OrdersRepeat and sizable fleet orders from known industry customers strengthen backlog visibility and commercial validation. These contracts underpin near-term production planning, improve unit economics as volumes ramp, and signal durable channel acceptance in last‑mile fleet markets.
Platform & Cost RoadmapA modular chassis roadmap and larger cab-chassis plans can lower bill‑of‑material costs, increase commonization and expand addressable segments. Over several quarters, platform engineering should materially improve margins and broaden TAM if validation and supply optimization progress as planned.
Bears Say
Negative Gross & Net MarginsPersistent negative gross margins show the core product currently loses money at scale, reflecting production inefficiencies and transition costs. Absent sustained structural margin improvement, the business model remains unprofitable and undermines long‑term sustainability beyond short-term revenue gains.
High Cash BurnLarge negative operating and free cash flow create ongoing financing needs and increase dilution or refinancing risk. Over the next several months, continued cash consumption will pressure capital allocation, limit investment optionality, and force reliance on external liquidity to sustain production ramps.
Rising Leverage & Shrinking EquityHigher leverage and a materially eroded equity base reduce financial flexibility and raise vulnerability to shocks. With limited capital cushion, the company faces greater refinancing, covenant and interest risks, which constrains strategic options during the operational ramp and cost‑reduction timeline.
Workhorse Group News
WKHS FAQ
What was Workhorse Group’s price range in the past 12 months?
Workhorse Group lowest stock price was $2.31 and its highest was $67.32 in the past 12 months.
What is Workhorse Group’s market cap?
Workhorse Group’s market cap is $32.57M.
When is Workhorse Group’s upcoming earnings report date?
Workhorse Group’s upcoming earnings report date is Aug 11, 2026 which is in 55 days.
How were Workhorse Group’s earnings last quarter?
Currently, no data Available
Is Workhorse Group overvalued?
According to Wall Street analysts Workhorse Group’s price is currently Undervalued.
Does Workhorse Group pay dividends?
Workhorse Group does not currently pay dividends.
What is Workhorse Group’s EPS estimate?
Workhorse Group’s EPS estimate is -1.09.
How many shares outstanding does Workhorse Group have?
Workhorse Group has 10,893,400 shares outstanding.
What happened to Workhorse Group’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Workhorse Group?
Currently, no hedge funds are holding shares in WKHS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Workhorse Group Stock Smart Score
Underperform
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Analyst Consensus
Hold
Average Price Target:
$3.00 (7.14% Upside)
$3.00 (7.14% Upside)
Blogger Sentiment
Bullish
WKHS Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 23.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 2.5%
Last 30 Days ▲ 2.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-75.59%
12-Months-Change
Fundamentals
Return on Equity
-204.85%
Trailing 12-Months
Asset Growth
-11.04%
Trailing 12-Months
Company Description
Workhorse Group
Workhorse Group Inc., a technology company established in 2007 and based in Loveland, Ohio, specializes in the development, production, and distribution of zero-emission commercial vehicles throughout the United States. Its product line features electric and range-extended medium-duty delivery trucks, sold under the Workhorse brand. The company also offers the HorseFly Unmanned Aerial System, an all-electric drone custom-designed for specialized aerial delivery tasks. Complementing its hardware, Workhorse provides Metron, an air delivery application crafted to monitor the performance and operational metrics of its various deployed vehicles. The organization adopted its current name, Workhorse Group Inc., in April 2015, having previously operated as AMP Holding Inc.
WKHS Stock 12 Month Forecast
Average Price Target
$3.00
▲(7.14% Upside)
Technical Analysis
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Bollinger Innovations
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Envirotech Vehicles
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Zapp Electric Vehicles
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Phoenix Motor
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Ownership Overview
0.03% Insiders
6.06% Mutual Funds
0.04% Other Institutional Investors
93.10% Public Companies and
Individual Investors