Workhorse Group Inc (NASDAQ: WKHS) Surprises Investors, Looks Strong In The Future

In the last trading session, 1.0 million Workhorse Group Inc (NASDAQ:WKHS) shares changed hands as the company’s beta touched 2.47. With the company’s per share price at $1.03 changed hands at $0.09 or 9.75% during last session, the market valuation stood at $9.76M. WKHS’s last price was a discount, traded about -4681.55% off its 52-week high of $49.25. The share price had its 52-week low at $0.81, which suggests the last value was 21.36% up since then.

Analysts gave the Workhorse Group Inc (WKHS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended WKHS as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Workhorse Group Inc’s EPS for the current quarter is expected to be -3.98.

Workhorse Group Inc (NASDAQ:WKHS) trade information

Instantly WKHS was in green as seen at the end of in last trading. With action 21.19%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -88.19%, with the 5-day performance at 21.19% in the green. However, in the 30-day time frame, Workhorse Group Inc (NASDAQ:WKHS) is -1.90% down.

The consensus price target for the stock as assigned by Wall Street analysts is 2, meaning bulls need an upside of 48.5% from its current market value. According to analyst projections, WKHS’s forecast low is 0.5 with 3.5 as the target high. To hit the forecast high, the stock’s price needs a -239.81% plunge from its current level, while the stock would need to tank 51.46% for it to hit the projected low.

Workhorse Group Inc (WKHS) estimates and forecasts

Year-over-year growth is forecast to reach 51.14% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 2.3M. 1 analysts are of the opinion that Workhorse Group Inc’s revenue for the current quarter will be 2.5M. The company’s revenue for the corresponding quarters a year ago was 842.44k and 2.51M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 173.02%. The estimates for the next quarter sales put growth at -0.39%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 18.62%. The 2025 estimates are for Workhorse Group Inc earnings to increase by 69.92%.

WKHS Dividends

Workhorse Group Inc is expected to release its next quarterly earnings report in July.

CENTIVA CAPITAL, LP holds the second largest percentage of outstanding shares, with 0.2567% or 0.33 million shares worth $0.52 million as of 2024-06-30.

Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund . With 44.93 shares estimated at $46275.0 under it, the former controlled 0.47% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held about 0.20% of the shares, roughly 18.83 shares worth around $19393.0.

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