WORKHORSE GROUP INC (WKHS) Forecast, Price Target & Analyst Ratings

NASDAQ:WKHS • US98138J5039

Current stock price

3.25 USD
+0.35 (+12.07%)
At close:
3.31 USD
+0.06 (+1.85%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for WORKHORSE GROUP INC (WKHS).

Forecast Snapshot

Consensus Price Target

Price Target
$3.06
-5.85% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 13, 2026
Period
Q1 / 2026
EPS Estimate
-$1.50
Revenue Estimate
8.67M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
45.71%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$3.06
Upside
-5.85%
From current price of $3.25 to mean target of $3.06, Based on 7 analyst forecasts
Low
$3.03
Median
$3.06
High
$3.15

Price Target Revisions

1 Month
-61.54%
3 Months
-61.54%

Price Target Summary

7 Wall Street analysts provided a forecast for the next 12 months for WKHS. The average price target is 3.06 USD. This implies a price decrease of -5.85% is expected in the next year compared to the current price of 3.25.
The average price target has been revised downward by 61.54% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

WKHS Current Analyst RatingWKHS Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

WKHS Historical Analyst RatingsWKHS Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
45.71%
WKHS was analyzed by 7 analysts. The buy percentage consensus is at 46. So analysts seem to be rather neutral about WKHS.
In the previous month the buy percentage consensus was at a similar level.
WKHS was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-08-18Roth CapitalMaintains Neutral -> Neutral
2024-11-20TD CowenMaintains Hold -> Hold
2024-08-21TD CowenMaintains Hold -> Hold
2024-04-01DA DavidsonMaintains Neutral -> Neutral
2024-03-13RF LaffertyDowngrade Hold -> Sell
2023-11-15RF LaffertyDowngrade Buy -> Hold
2023-11-15BTIGDowngrade Buy -> Neutral
2023-07-20B. Riley SecuritiesMaintains Buy -> Buy
2023-05-16DA DavidsonMaintains Neutral -> Neutral
2022-08-10Roth CapitalDowngrade Buy -> Neutral
2022-03-02Roth CapitalUpgrade Neutral -> Buy
2021-08-11DA DavidsonInitiate Neutral
2021-06-04Cowen & Co.Downgrade Outperform -> Market Perform
2021-04-16B. Riley FBRInitiate Buy
2021-02-24Roth CapitalMaintains Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 13, 2026
Period
Q1 / 2026
EPS Estimate
-$1.50
Revenue Estimate
8.67M
Revenue Q2Q
1,252.57%
EPS Q2Q
97.33%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
112.50%
EPS (1 Month)
13.53%
EPS (3 Months)
76.89%

Next Earnings Summary

WKHS is expected to report earnings on 5/13/2026. The consensus EPS estimate for the next earnings is -1.5 USD and the consensus revenue estimate is 8.67M USD.
The next earnings revenue estimate has been revised upward by 112.5% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027
Revenue
YoY % growth
WKHS revenue by date.WKHS revenue by date.
13.095M
160.85%		6.616M
-49.47%		21.211M
220.58%		40.137M
89.23%		51.714M
28.84%
EBITDA
YoY % growth
WKHS ebitda by date.WKHS ebitda by date.
-101.235M
20.37%		-65.978M
34.83%		-46.205M
29.97%		-33.39M
27.74%		-22.256M
33.34%
EBIT
YoY % growth
WKHS ebit by date.WKHS ebit by date.
-105.299M
18.42%		-73.887M
29.83%		-47.44M
35.79%		-38.454M
18.94%		N/A
Operating Margin
WKHS operating margin by date.WKHS operating margin by date.
-804.12%-1,116.72%-223.66%-95.81%N/A
EPS
YoY % growth
WKHS eps by date.WKHS eps by date.
-1,800.00
18.92%		-786.00
56.33%		-98.66
87.45%		-4.14
95.80%		-1.62
60.84%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		-1.50
97.33%		-1.04
94.81%		-0.88
95.70%		-0.83
59.89%
Revenue
Q2Q % growth		8.67M
1,252.57%		9.333M
64.63%		10.251M
329.81%		11.883M
21.96%
EBITDA
Q2Q % growth		-12.75M
-17.46%		-8.568M
19.71%		-6.63M
39.56%		-5.508M
-135.44%
EBIT
Q2Q % growth		-12.138M
5.44%		-7.548M
47.85%		-7.14M
56.87%		-6.732M
-88.34%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

WKHS Yearly Revenue VS EstimatesWKHS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 10M 20M 30M 40M 50M
WKHS Yearly EPS VS EstimatesWKHS Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2K -2K -4K -6K -8K

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

WORKHORSE GROUP INC / WKHS Forecast FAQ

Can you provide the average price target for WORKHORSE GROUP INC stock?

7 analysts have analysed WKHS and the average price target is 3.06 USD. This implies a price decrease of -5.85% is expected in the next year compared to the current price of 3.25.

Can you provide the upcoming earnings date for WORKHORSE GROUP INC?

WORKHORSE GROUP INC (WKHS) will report earnings on 2026-05-13.

What are the consensus estimates for WKHS stock next earnings?

The consensus EPS estimate for the next earnings of WORKHORSE GROUP INC (WKHS) is -1.5 USD and the consensus revenue estimate is 8.67M USD.