WKHSConsumer Cyclical · Auto Manufacturers

WKHS Stock Forecast: Workhorse Group, Inc. Price Predictions for 2026-2027

Last close, 18 Sept 2026

$2.86

−5.92% on the day

The 2 Wall Street analysts covering Workhorse Group, Inc. hold a median 12-month price target of $3 — +4.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 9 of 100 as at 17 Sept 2026 — in the weakest quartile.

Market cap

$31.3M

Ticker Nerd rank

9 / 100

Median analyst target

$3.00

Analysts covering

Revenue$3.6M−37.2% y/y

Operating income−$19.4M

Net income−$20.2M

Free cash flow−$24.2M

Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown

Total return, dividends reinvested

−5.0%

−8.0%

YTD

−43.8%

−79.1%

From 52W high

−79.5%

From 52W low

+22.2%

$14

52-week range, adjusted closes · the dot is the last close

Ticker Nerd rank

WKHS stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Workhorse Group, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 17 Sept 2026

9 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Size

Growth

Quality

Accruals

Revisions

Momentum

Value

Volatility

Issuance

Size (85): Smaller than most of the companies we track.

Issuance (3): The company has been issuing shares or taking on financing, diluting existing holders.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

WKHS stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on WKHS, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says2 analysts

0 Buy2 Hold0 Sell

Low $3.00Median $3.00High $3.00

The green dot is the last close — the median target sits +4.9% from it.

Recent analyst actionsNewest first

Date	Firm	Action	Rating	Target
18 Aug 2025	Roth Capital	Maintains	Neutral	$2.00 → $1.75
20 Nov 2024	TD Cowen	Maintains	Hold	—
21 Aug 2024	TD Cowen	Maintains	Hold	—
1 Apr 2024	DA Davidson	Maintains	Neutral	—
13 Mar 2024	RF Lafferty	Downgrade	Sell	—
15 Nov 2023	BTIG	Downgrade	Neutral	—
15 Nov 2023	RF Lafferty	Downgrade	Hold	—
20 July 2023	B. Riley Securities	Maintains	Buy	—
16 May 2023	DA Davidson	Maintains	Neutral	—
10 Aug 2022	Roth Capital	Downgrade	Neutral	—
16 May 2022	DA Davidson	Maintains	Neutral	—
2 Mar 2022	DA Davidson	Maintains	Neutral	—
2 Mar 2022	Roth Capital	Upgrade	Buy	—
23 Sept 2021	DA Davidson	Maintains	Neutral	—
11 Aug 2021	DA Davidson	Initiates	Neutral	—
4 June 2021	Cowen & Co.	Downgrade	Market Perform	—
16 Apr 2021	B. Riley FBR	Initiates	Buy	—
16 Apr 2021	B. Riley Securities	Initiates	Buy	—
24 Feb 2021	Roth Capital	Maintains	Neutral	—
10 Dec 2020	Wolfe Research	Initiates	Peer Perform	—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. WKHS appears on the weeks it earns a place.

Performance

WKHS vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 18 Sept 2026, Workhorse Group, Inc. returned −79.1% against +16.4% for the S&P 500, dividends included.

WKHS vs S&P 500, last 12 monthsTotal return, rebased to 100

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

WKHS analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year

Analysts raising

Analysts cutting

Fundamentals

Workhorse Group, Inc. (WKHS) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation

Trailing P/E: 0.0×
Price / sales: 1.1×
Price / book: 1.1×
EV / EBITDA: −1.7×

Growth & margins

Revenue growth (YoY): 374.9%
Earnings growth (YoY): −37.2%
Gross margin: −209.8%
Operating margin: −545.2%
Net margin: −289.0%

Returns & dividend

Return on equity: −148.9%
Return on assets: −53.1%
Dividend yield: —

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Workhorse Group, Inc. (WKHS) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

Workhorse Group, Inc. has a market value of $31.3M and an enterprise value of $99.7M.
Revenue in the twelve months to 30 June 2026: $22.8M. The latest quarter grew 374.9% year on year.
Net income over the same four quarters: −$68.7M, a −301.5% net margin.
Diluted earnings per share, trailing twelve months: $−6.81.
Free cash flow in the twelve months to 30 June 2026: −$55.0M, after $603K of capital spending.
Shares outstanding: 10.9M.
Trailing P/E: 0.0×; forward P/E: −1.5× — the forward figure prices analyst consensus estimates, not reported earnings.
Workhorse Group, Inc. employs 148 people — $154K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 18 Sept 2026

Data provided by Twelve Data

Peers

WKHS vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelAuto Manufacturers

Company	Market cap	TKN rank
WKHSWorkhorse Group, Inc.	$31.3M	9
GGRGogoro, Inc.	$40.5M	79
CENNCenntro, Inc.	$11.4M	24
FFAIFaraday Future Intelligent Electric, Inc.	$10.6M	25
LOBOLOBO Technologies Ltd.	$7.5M	20
DCXDigital Currency X Technology, Inc.	$154.7M	8
AIIORobo.ai, Inc.	$182.1M	12

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Workhorse Group, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest WKHS news & analysis

EV Charging Stocks Climb as Small Caps Catch a Bid: Blink Charging Jumps 6%, ChargePoint Rises 4%, EVgo Ticks Up

24/7 Wall Street · 16 Sept 2026neutral

Small-cap electric vehicle charging stocks rose together Wednesday morning, with Blink Charging up 6%, ChargePoint up 4%, and EVgo ticking higher, despite no company announcements explaining the move.

Why it matters — As a small-cap EV-sector name, WKHS watchers may find the unexplained sector-wide bid relevant to broader market sentiment, though the report references no WKHS-specific news.

EV-Maker Polestar Says Trump Administration Strung It Along Before U.S. Ban

WSJ · 24 Aug 2026neutral

Chinese-owned EV maker Polestar said the Trump administration delayed it before banning the company from the U.S. market. Polestar told its dealers it is still trying to understand the reason for the U.S. ban.

Why it matters — This signals mounting U.S. regulatory and trade barriers affecting the EV industry, which Workhorse operates in as a U.S.-listed EV maker.

EV, Battery Sales Help Q2 Cleantech Investment Rebound

Forbes · 17 Aug 2026positive

The article reports that Q2 cleantech investment rebounded, helped by sales in the EV and battery sectors, according to Forbes' Current Climate newsletter covering sustainability business news.

Why it matters — A rebound in cleantech investment, particularly in EV and battery sales, signals a healthier funding and demand environment relevant to Workhorse Group's electric vehicle operations.

EV prices are rising again as automakers pull back on discounts

Business Insider · 14 Aug 2026neutral

Business Insider reported that the average transaction price for EVs rose to $56,126 in July, a 1.6% increase from July 2025, as automakers reduced discounts.

Why it matters — Pricing trends in the broader EV market can influence demand and competitive dynamics for Workhorse Group, a participant in the electric vehicle space.

Workhorse Group Reports Second Quarter 2026 Results

GlobeNewsWire · 13 Aug 2026neutral

Workhorse Group reported its financial results for the second quarter ended June 30, 2026 and provided an update on a recently announced new product line. CEO Scott Griffith noted the company is completing the final stages of merger integration and transforming from a pure-play electric commercial vehicle manufacturer into an American industrial technology company serving commercial, government, defense, and infrastructure markets.

Why it matters — WKHS watchers would care because the update details the company's ongoing strategic shift from an EV pure-play into a broader American industrial technology business.

FAQ

Frequently asked questions about WKHS stock

What is the WKHS stock price forecast for 2026-2027?

The 2 Wall Street analysts covering Workhorse Group, Inc. have a median 12-month price target of $3, with estimates ranging from $3 to $3. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is WKHS stock a buy right now?

Of the 2 analysts covering Workhorse Group, Inc., 0 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Workhorse Group, Inc. 9 out of 100 across roughly 4,600 US stocks as at 17 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank WKHS?

As at 17 Sept 2026, Workhorse Group, Inc. ranks 9 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Size (85 of 100).

Will WKHS stock go up?

No one can know that. What the data says: the median 12-month target from 2 analysts implies +4.9% from the last close, and Ticker Nerd's factor model ranks Workhorse Group, Inc. 9 out of 100 as at 17 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the WKHS stock forecast for 2030?

No analyst covering Workhorse Group, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for WKHS are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $3 to $3 over the next 12 months.

How has WKHS stock performed over the past year?

Workhorse Group, Inc. returned -79.1% over the 12 months to 18 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Workhorse Group, Inc. do?

Workhorse Group Inc. is a commercial electric vehicle manufacturer focused on software-enabled transportation solutions for logistics and fleet operators.

What is the latest news on WKHS?

The most recent item we track (24/7 Wall Street, 16 Sept 2026): "EV Charging Stocks Climb as Small Caps Catch a Bid: Blink Charging Jumps 6%, ChargePoint Rises 4%, EVgo Ticks Up". Small-cap electric vehicle charging stocks rose together Wednesday morning, with Blink Charging up 6%, ChargePoint up 4%, and EVgo ticking higher, despite no company announcements explaining the move.

Company

About Workhorse Group, Inc.

Workhorse Group Inc. is a commercial electric vehicle manufacturer focused on software-enabled transportation solutions for logistics and fleet operators. Workhorse designs and assembles battery-electric step vans, stripped chassis, shuttle buses, school buses, box trucks, and work trucks under the Workhorse and Motiv brands. Its product and service ecosystem also includes telematics, charging infrastructure solutions, remote data management through Workhorse Connect, after-sales vehicle support, body and parts services, and assembly services. The company serves the commercial transportation market, where fleet efficiency, operational reliability, and zero-tailpipe-emission vehicles are central priorities. By combining vehicle design with connected software and support services, Workhorse positions itself as a specialist in medium-duty electric mobility and last-mile delivery applications.

CEO Mr. Scott W. Griffith · 148 employees · United States · https://www.motivtrucks.com