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NASDAQ: WKHS
Workhorse Group Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for WKHS

Based on 2 analysts offering 12 month price targets for Workhorse Group Inc.
Min Forecast
$1.00+142.72%
Avg Forecast
$2.00+385.44%
Max Forecast
$3.00+628.16%

Should I buy or sell WKHS stock?

Based on 2 analysts offering ratings for Workhorse Group Inc.
Buy
Strong Buy
1 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their WKHS stock forecasts and price targets.

WKHS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-15
lockedlocked$00.00+00.00%2023-07-20

1 of 1

Forecast return on equity

Is WKHS forecast to generate an efficient return?
Company
60.16%
Industry
46.69%
Market
39.07%
WKHS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WKHS forecast to generate an efficient return on assets?
Company
46.37%
Industry
21%
WKHS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WKHS revenue forecast

What is WKHS's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$191.3M+1,475.91%
Avg 2 year Forecast
$500.0M+4,020.03%
WKHS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WKHS revenue growth forecast

How is WKHS forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
372.52%
Industry
11.17%
Market
6.64%
WKHS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WKHS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WKHS vs Auto Stocks

TickerPricePrice TargetUp/downsideConsensus
WKHS$0.41$2.00+385.44%Buy
CJET$0.80N/AN/A
GP$3.00$6.33+111.45%Strong Buy
EGOX$0.55N/AN/A
SOLO$0.39N/AN/A
View Top Auto Stocks

Workhorse Group Stock Forecast FAQ

Is Workhorse Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: WKHS) stock is to Buy WKHS stock.

Out of 2 analysts, 1 (50%) are recommending WKHS as a Strong Buy, 0 (0%) are recommending WKHS as a Buy, 1 (50%) are recommending WKHS as a Hold, 0 (0%) are recommending WKHS as a Sell, and 0 (0%) are recommending WKHS as a Strong Sell.

If you're new to stock investing, here's how to buy Workhorse Group stock.

What is WKHS's revenue growth forecast for 2024-2025?

(NASDAQ: WKHS) Workhorse Group's forecast annual revenue growth rate of 372.52% is forecast to beat the US Auto Manufacturers industry's average forecast revenue growth rate of 11.17%, and it is also forecast to beat the US market's average forecast revenue growth rate of 6.64%.

Workhorse Group's revenue in 2023 is $12,135,843.On average, 2 Wall Street analysts forecast WKHS's revenue for 2024 to be $49,901,605,414, with the lowest WKHS revenue forecast at $39,138,514,050, and the highest WKHS revenue forecast at $60,664,696,778.

In 2025, WKHS is forecast to generate $130,461,713,500 in revenue, with the lowest revenue forecast at $130,461,713,500 and the highest revenue forecast at $130,461,713,500.

What is WKHS's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: WKHS) forecast ROA is 46.37%, which is higher than the forecast US Auto Manufacturers industry average of 21%.

What is WKHS's Price Target?

According to 2 Wall Street analysts that have issued a 1 year WKHS price target, the average WKHS price target is $2.00, with the highest WKHS stock price forecast at $3.00 and the lowest WKHS stock price forecast at $1.00.

On average, Wall Street analysts predict that Workhorse Group's share price could reach $2.00 by Nov 15, 2024. The average Workhorse Group stock price prediction forecasts a potential upside of 385.44% from the current WKHS share price of $0.41.

What is WKHS's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: WKHS) forecast ROE is 60.16%, which is considered strong.
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