Workhorse Group Inc (NASDAQ:WKHS) Shares Plunges -27.84% In A Week – But Can It Keep Rising?

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In last trading session, Workhorse Group Inc (NASDAQ:WKHS) saw 3.76 million shares changing hands with its beta currently measuring 2.56. Company’s recent per share price level of $2.1 trading at -$0.16 or -7.08% at ring of the bell on the day assigns it a market valuation of $19.89M. That closing price of WKHS’s stock is at a discount of -1209.52% from its 52-week high price of $27.50 and is indicating a premium of 61.43% from its 52-week low price of $0.81. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 14.17 million shares which gives us an average trading volume of 3.08 million if we extend that period to 3-months.

For Workhorse Group Inc (WKHS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Workhorse Group Inc (NASDAQ:WKHS) trade information

Workhorse Group Inc’s shares saw a change of -89.82% in year-to-date performance and have moved -27.84% in past 5-day. Workhorse Group Inc (NASDAQ:WKHS) showed a performance of 107.92% in past 30-days. Number of shares sold short was 1.42 million shares which calculate 2.15 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a fall of -5.0% to its current value. Analysts have been projecting 0.5 as a low price target for the stock while placing it at a high target of 3.5. It follows that stock’s current price would jump 76.19% in reaching the projected high whereas dropping to the targeted low would mean a gain of 76.19% for stock’s current value.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 18.62% during past 5 years.

Workhorse Group Inc (NASDAQ:WKHS)’s Major holders

Insiders are in possession of 0.41% of company’s total shares while institution are holding 2.59 percent of that, with stock having share float percentage of 2.60%. Investors also watch the number of corporate investors in a company very closely, which is 2.59% institutions for Workhorse Group Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at WKHS for having 0.55 million shares of worth $0.87 million. And as of 2024-06-30, it was holding 0.4269 of the company’s outstanding shares.

The second largest institutional holder is CENTIVA CAPITAL, LP, which was holding about 0.33 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.2567 of outstanding shares, having a total worth of $0.52 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 44.93 shares of worth $94348.0 or 0.47% of the total outstanding shares. The later fund manager was in possession of 18.72 shares on May 31, 2025 , making its stake of worth around $39309.0 in the company or a holder of 0.20% of company’s stock.

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