TICKERNERD
Menu
WKHSConsumer Cyclical · Auto Manufacturers

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

Last close, 30 Oct 2026
$2.94
+15.29% on the day

The 2 Wall Street analysts covering Workhorse Group, Inc. hold a median 12-month price target of $3 — +2.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 12 of 100 as at 31 Oct 2026 — in the weakest quartile.

Market cap
$32.2M
Ticker Nerd rank
12/ 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
+13.1%
1M
+0.3%
YTD
−42.2%
1Y
−75.7%
From 52W high
−75.7%
From 52W low
+25.6%
$2
$12
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 31 Oct 2026
12/ 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
84
Growth
58
Quality
38
Accruals
27
Revisions
25
Momentum
25
Value
15
Volatility
13
Issuance
3

Size (84): 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 systematic trader with 15+ 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$12Jan 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 +2.0% 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.

WKHS appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
  • The AI build-out map, free: every AI company we track, part by part, and one part in full with each verdict.

Free. Unsubscribe any time.

The AI build-out map
PDF

  • AI cloud capacity

    MSFTAMZNGOOGLORCL

  • AI chips

    NVDAAVGOAMDMU

  • AI networking and serversIn full

    ANETDELLLITECRDO

  • Data centre power

    VRTCEGGEVVST

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 30 Oct 2026, Workhorse Group, Inc. returned −75.7% against +12.4% 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 movingThis 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 73% of US stocks

Price / sales
1.2×

Cheaper than 64% of US stocks

Price / book
4.5×

Cheaper than 21% of US stocks

EV / EBITDA
−1.7×

Cheaper than 72% 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 $32.2M and an enterprise value of $98.7M.

  • 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.

  • 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 1 Nov 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.$32.2M12
CENNCenntro, Inc.$32.3M25
GGRGogoro, Inc.$43.1M82
LOBOLOBO Technologies Ltd.$5.9M20
FFAIFaraday Future Intelligent Electric, Inc.$5.0M28
FLYEFly-E Group, Inc.$2.8M24
DCXDigital Currency X Technology, Inc.$2.8M4

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

Workhorse Enters Modular AI Infrastructure Market Through Foundational TerraPod™ Partnership with UK-Based RHAELM

GlobeNewsWire · 29 Oct 2026positive

Workhorse announced a foundational partnership with UK-based RHAELM to enter the modular AI infrastructure market. The initial agreement is to develop a full-scale TerraPod manufacturing-specification unit.

Why it matters — The agreement marks Workhorse’s stated entry into modular AI infrastructure and a new partnership centered on TerraPod development.

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.

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. 12 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank WKHS?

As at 31 Oct 2026, Workhorse Group, Inc. ranks 12 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 (84 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 +2.0% from the last close, and Ticker Nerd's factor model ranks Workhorse Group, Inc. 12 out of 100 as at 31 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 -75.7% over the 12 months to 30 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 (GlobeNewsWire, 29 Oct 2026): "Workhorse Enters Modular AI Infrastructure Market Through Foundational TerraPod™ Partnership with UK-Based RHAELM". Workhorse announced a foundational partnership with UK-based RHAELM to enter the modular AI infrastructure market. The initial agreement is to develop a full-scale TerraPod manufacturing-specification unit.

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