WKHSConsumer Cyclical · Auto Manufacturers

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

Last close, 8 Oct 2026
$2.92
−0.68% on the day

The 2 Wall Street analysts covering Workhorse Group, Inc. hold a median 12-month price target of $3 — +2.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 10 of 100 as at 8 Oct 2026 — in the weakest quartile.

Market cap
$31.9M
Ticker Nerd rank
10 / 100
Median analyst target
$3.00
Analysts covering
2
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
1W
−0.7%
1M
−5.8%
YTD
−42.6%
1Y
−78.1%
From 52W high
−78.3%
From 52W low
+24.8%
$2
$13
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 8 Oct 2026
10 / 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
85
Growth
57
Quality
38
Accruals
26
Revisions
25
Momentum
15
Value
15
Volatility
12
Issuance
3

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
$2$4$6$8$10$12$14Jan 26Apr 26Jul 26Oct 26WKHSHigh $3.00Median $3.00Low $3.00

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 +2.7% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
18 Aug 2025Roth CapitalMaintainsNeutral$2.00 → $1.75
20 Nov 2024TD CowenMaintainsHold—
21 Aug 2024TD CowenMaintainsHold—
1 Apr 2024DA DavidsonMaintainsNeutral—
13 Mar 2024RF LaffertyDowngradeSell—
15 Nov 2023BTIGDowngradeNeutral—
15 Nov 2023RF LaffertyDowngradeHold—
20 July 2023B. Riley SecuritiesMaintainsBuy—
16 May 2023DA DavidsonMaintainsNeutral—
10 Aug 2022Roth CapitalDowngradeNeutral—
16 May 2022DA DavidsonMaintainsNeutral—
2 Mar 2022DA DavidsonMaintainsNeutral—
2 Mar 2022Roth CapitalUpgradeBuy—
23 Sept 2021DA DavidsonMaintainsNeutral—
11 Aug 2021DA DavidsonInitiatesNeutral—
4 June 2021Cowen & Co.DowngradeMarket Perform—
16 Apr 2021B. Riley FBRInitiatesBuy—
16 Apr 2021B. Riley SecuritiesInitiatesBuy—
24 Feb 2021Roth CapitalMaintainsNeutral—
10 Dec 2020Wolfe ResearchInitiatesPeer 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.

Free, every Monday. Unsubscribe any time.

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 8 Oct 2026, Workhorse Group, Inc. returned −78.1% against +16.2% for the S&P 500, dividends included.

WKHS vs S&P 500, last 12 monthsTotal return, rebased to 100
20406080100120Jan 26Apr 26Jul 26Oct 26WKHSS&P 500

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
0
Analysts cutting
0
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×

Cheaper than 74% of US stocks

Price / sales
1.2×

Cheaper than 65% of US stocks

Price / book
1.2×

Cheaper than 66% of US stocks

EV / EBITDA
−1.7×

Cheaper than 71% of US stocks

Growth & margins
Revenue growth (YoY)
374.9%

Higher than 97% of US stocks

Earnings growth (YoY)
−37.2%

Higher than 14% of US stocks

Gross margin
−209.8%

Higher than 1% of US stocks

Operating margin
−545.2%

Higher than 7% of US stocks

Net margin
−289.0%

Higher than 1% of US stocks

Returns & dividend
Return on equity
−148.9%

Higher than 10% of US stocks

Return on assets
−53.1%

Higher than 7% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

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 $31.9M and an enterprise value of $98.6M.

  • 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.

  • Forward dividend yield: 0.00%, paying out 0% of 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 8 Oct 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
CompanyMarket capTKN rank
WKHSWorkhorse Group, Inc.$31.9M
10
GGRGogoro, Inc.$41.4M
80
CENNCenntro, Inc.$9.6M
25
AIIORobo.ai, Inc.$132.1M
13
LOBOLOBO Technologies Ltd.$6.9M
20
DCXDigital Currency X Technology, Inc.$6.4M
4
FFAIFaraday Future Intelligent Electric, Inc.$6.3M
28

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 maker Polestar logs slightly higher quarterly sales as US ban looms

Reuters · 8 Oct 2026neutral

Polestar reported a slight rise in third-quarter retail sales, as a U.S. ban on the China-linked EV maker's new cars is set to take effect from the next model year.

Why it matters — The update concerns another electric-vehicle maker and U.S. market access, providing industry context for WKHS watchers.

EV Company News For The Month Of September 2026

Seeking Alpha · 5 Oct 2026neutral

A monthly roundup reports global electric car sales rose 5% year-over-year in August 2026 to a 27% market share, though US EV sales declined 39.6% to a 7.70% share. The piece also covers a surge in Chinese NEV exports, BYD's September sales growth, and a new Geely ultrafast EV charging technology.

Why it matters — For Workhorse watchers, the mixed global and US EV sales data and competitive moves by major manufacturers provide context on the broader electric-vehicle market conditions affecting the sector.

Workhorse and Gateway Fleets Build on Fleet Operator Momentum with 200-Truck Expansion

GlobeNewsWire · 30 Sept 2026positive

Workhorse, together with California dealer Kingsburg Truck Center, announced that Gateway Fleets placed a follow-on order for 200 W56 fully-electric step vans. This builds on Gateway's earlier 2026 order of 100 W56s and supports W56 deployments and new Gateway site launches into 2027.

Why it matters — A follow-on order for 200 additional W56 trucks from an existing customer signals continued fleet operator demand for Workhorse's electric step vans and growing momentum for the W56 line.

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.

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. 10 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank WKHS?

As at 8 Oct 2026, Workhorse Group, Inc. ranks 10 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 +2.7% from the last close, and Ticker Nerd's factor model ranks Workhorse Group, Inc. 10 out of 100 as at 8 Oct 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 -78.1% over the 12 months to 8 Oct 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 (Reuters, 8 Oct 2026): "EV maker Polestar logs slightly higher quarterly sales as US ban looms". Polestar reported a slight rise in third-quarter retail sales, as a U.S. ban on the China-linked EV maker's new cars is set to take effect from the next model year.

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