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Workhorse Group (WKHS)
NASDAQ:WKHS
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Workhorse Group (WKHS) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

WKHS Analyst Ratings

Hold
3Ratings
0 Buy
3 Hold
0 Sell
Based on 3 analysts giving stock ratings to
Workhorse
Group
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

WKHS Stock 12 Month Forecast

Average Price Target

$0.75
▼(-38.52% Downside)
Based on 3 Wall Street analysts offering 12 month price targets for Workhorse Group in the last 3 months. The average price target is $0.75 with a high forecast of $1.25 and a low forecast of $0.25. The average price target represents a -38.52% change from the last price of $1.22.
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Highest Price Target$1.25Average Price Target$0.75Lowest Price Target$0.25
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
D.A. Davidson
$10
Hold
719.67%
Upside
Reiterated
06/05/24
D.A. Davidson Sticks to Its Hold Rating for Workhorse Group (WKHS)
R.F. Lafferty
$6
Sell
391.80%
Upside
Downgraded
03/13/24
Workhorse Group downgraded to Sell from Hold at R.F. LaffertyWorkhorse Group downgraded to Sell from Hold at R.F. Lafferty

Best Analysts Covering Workhorse Group

Which Analyst Should I Follow If I Want to Buy WKHS and Sell After:
1 Month
xxx
Success Rate
6/12 ratings generated profit
50%
Average Return
+3.67%
downgraded a xxx
rating 10 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 50.00% of your transactions generating a profit, with an average return of +3.67% per trade.
3 Months
xxx
Success Rate
4/12 ratings generated profit
33%
Average Return
-4.75%
downgraded a xxx
rating 10 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 33.33% of your transactions generating a profit, with an average return of -4.75% per trade.
1 Year
Jaime PerezR.F. Lafferty
Success Rate
1/12 ratings generated profit
8%
Average Return
-55.61%
downgraded a sell rating 10 months ago
Copying Jaime Perez's trades and holding each position for 1 Year would result in 8.33% of your transactions generating a profit, with an average return of -55.61% per trade.
2 Years
xxx
Success Rate
1/12 ratings generated profit
8%
Average Return
-64.55%
downgraded a xxx
rating 10 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 8.33% of your transactions generating a profit, with an average return of -64.55% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

WKHS Analyst Recommendation Trends

Rating
Mar 24
Apr 24
May 24
Jun 24
Aug 24
Strong Buy
0
0
0
0
0
Buy
0
0
0
0
0
Hold
8
4
6
5
7
Sell
1
1
1
0
0
Strong Sell
0
0
0
0
0
total
9
5
7
5
7
In the current month, WKHS has received 0 Buy Ratings, 7 Hold Ratings, and 0 Sell Ratings. WKHS average Analyst price target in the past 3 months is $0.75.
Each month's total comprises the sum of three months' worth of ratings.
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WKHS Financial Forecast

WKHS Earnings Forecast

Next quarter’s earnings estimate for WKHS is -$0.83 with a range of -$0.86 to -$0.79. The previous quarter’s EPS was -$1.40. WKHS beat its EPS estimate 33.33% of the time in the past 12 months, while its overall industry beat the EPS estimate 58.12% of the time in the same period. In the last calendar year WKHS has Underperformed its overall industry.
Next quarter’s earnings estimate for WKHS is -$0.83 with a range of -$0.86 to -$0.79. The previous quarter’s EPS was -$1.40. WKHS beat its EPS estimate 33.33% of the time in the past 12 months, while its overall industry beat the EPS estimate 58.12% of the time in the same period. In the last calendar year WKHS has Underperformed its overall industry.

WKHS Sales Forecast

Next quarter’s sales forecast for WKHS is $3.42M with a range of $895.00K to $6.00M. The previous quarter’s sales results were $842.44K. WKHS beat its sales estimates 33.33% of the time in past 12 months, while its overall industry beat sales estimates 53.48% of the time in the same period. In the last calendar year WKHS has Underperformed its overall industry.
Next quarter’s sales forecast for WKHS is $3.42M with a range of $895.00K to $6.00M. The previous quarter’s sales results were $842.44K. WKHS beat its sales estimates 33.33% of the time in past 12 months, while its overall industry beat sales estimates 53.48% of the time in the same period. In the last calendar year WKHS has Underperformed its overall industry.

WKHS Stock Forecast FAQ

What is WKHS’s average 12-month price target, according to analysts?
Based on analyst ratings, Workhorse Group’s 12-month average price target is $0.75.
    What is WKHS’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for WKHS, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is WKHS a Buy, Sell or Hold?
        Workhorse Group has a consensus rating of Hold which is based on 0 buy ratings, 3 hold ratings and 0 sell ratings.
          What is Workhorse Group’s price target?
          The average price target for Workhorse Group is $0.75. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst price target is $1.25 ,the lowest forecast is $0.25. The average price target represents -38.52% Decrease from the current price of $1.22.
            What do analysts say about Workhorse Group?
            Workhorse Group’s analyst rating consensus is a Hold. This is based on the ratings of 3 Wall Streets Analysts.
              How can I buy shares of WKHS?
              Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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