Workhorse GroupWKHS Market cap $18.8M
About: Workhorse Group Inc is a technology company with a vision to pioneer the transition to zero-emission commercial vehicles. Its focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. It designs and manufactures all-electric delivery trucks and drone systems, including the technology that optimizes the way these vehicles operate. It's focused on a core competency of bringing electric delivery vehicle platforms to serve the last-mile delivery market. Its products are marketed under the Workhorse brand.
Employees: 298
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
556% more call options, than puts
Call options by funds: $2.11M | Put options by funds: $321K
4.53% less ownership
Funds ownership: 17.47% [Q1] → 12.95% (-4.53%) [Q2]
38% less funds holding
Funds holding: 167 [Q1] → 103 (-64) [Q2]
72% less capital invested
Capital invested by funds: $13.5M [Q1] → $3.78M (-$9.67M) [Q2]
73% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 88
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 79
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
TD Cowen Jeffrey Osborne 46% 1-year accuracy 6 / 13 met price target | 68%downside $0.25 | Hold Maintained | 21 Aug 2024 |
Financial journalist opinion
Based on 4 articles about WKHS published over the past 30 days