WKHS icon

Workhorse Group

0.4860 USD
-0.0340
6.54%
At close Feb 7, 4:00 PM EST
After hours
0.4985
+0.0125
2.57%
1 day
-6.54%
5 days
-2.39%
1 month
-40.60%
3 months
-42.25%
6 months
-57.74%
Year to date
-35.18%
1 year
-90.02%
5 years
-99.20%
10 years
-99.64%
 

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

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

417% more call options, than puts

Call options by funds: $1.43M | Put options by funds: $276K

4.98% less ownership

Funds ownership: 13.2% [Q2] → 8.22% (-4.98%) [Q3]

11% less funds holding

Funds holding: 104 [Q2] → 93 (-11) [Q3]

27% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 30

55% less capital invested

Capital invested by funds: $3.86M [Q2] → $1.73M (-$2.12M) [Q3]

56% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 25

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$1.25
157%
upside
Avg. target
$1.25
157%
upside
High target
$1.25
157%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
TD Cowen
Jeffrey Osborne
22% 1-year accuracy
4 / 18 met price target
157%upside
$1.25
Hold
Maintained
20 Nov 2024

Financial journalist opinion

Neutral
GlobeNewsWire
1 week ago
Workhorse Group Reaches 10 Million Mile Threshold on E-GEN Platform, Showcasing Engineering Excellence in Electric Commercial Vehicles
E-GEN vehicles recently surpassed 10 million cumulative miles, proving the platform's durability and reliability in real-world conditions.
Workhorse Group Reaches 10 Million Mile Threshold on E-GEN Platform, Showcasing Engineering Excellence in Electric Commercial Vehicles
Neutral
GlobeNewsWire
1 month ago
UPDATE - Workhorse Partners with Progress Manufacturing Company as Certified Dealer for Specialized Second-Stage Manufacturing
Progress Manufacturing Company (PMC) has become a Workhorse dealer, expanding the availability of electric commercial vehicles to specialized fleets.
UPDATE - Workhorse Partners with Progress Manufacturing Company as Certified Dealer for Specialized Second-Stage Manufacturing
Neutral
GlobeNewsWire
1 month ago
Workhorse Partners with Progress Manufacturing Company as Certified Dealer for Specialized Second-Stage Manufacturing
Progressive Manufacturing Company (PMC) has become a Workhorse dealer, expanding the availability of electric commercial vehicles to specialized fleets.
Workhorse Partners with Progress Manufacturing Company as Certified Dealer for Specialized Second-Stage Manufacturing
Neutral
Zacks Investment Research
2 months ago
The Zacks Analyst Blog NIO, XPeng, Workhorse Tesla and Rivian
NIO, XPeng, Workhorse Tesla and Rivian are included in this Analyst Blog.
The Zacks Analyst Blog NIO, XPeng, Workhorse Tesla and Rivian
Positive
Green Stock News
2 months ago
NorthStar Courier Becomes First FedEx Service Outside of CA to Deploy Workhorse ($WKHS) W56 Step Van
Workhorse (NASDAQ: WKHS), a leading innovator in zero-emission commercial vehicles, has delivered its W56 electric step van to NorthStar Courier, a FedEx (NYSE: FDX) Ground Contract Service Provider in Minneapolis, Minnesota. This marks the first deployment of the W56 by a FedEx Ground Service Provider outside California.
NorthStar Courier Becomes First FedEx Service Outside of CA to Deploy Workhorse ($WKHS) W56 Step Van
Neutral
GlobeNewsWire
2 months ago
NorthStar Courier Becomes First FedEx Service Provider Outside California to Deploy Workhorse W56 Electric Step Van
CINCINNATI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the delivery of its W56 electric step van to NorthStar Courier, a FedEx Ground Contract Service Provider based in Minneapolis, Minnesota. The sale was facilitated by Workhorse Certified Dealer, Ziegler Truck Group.
NorthStar Courier Becomes First FedEx Service Provider Outside California to Deploy Workhorse W56 Electric Step Van
Negative
Zacks Investment Research
2 months ago
Workhorse Q3 Earnings Miss Estimates, Revenues Decline Y/Y
WKHS reports lower-than-expected Q3 results and secures the GSA Government Fleet Contract, which complements its growing cooperative purchasing network.
Workhorse Q3 Earnings Miss Estimates, Revenues Decline Y/Y
Neutral
Seeking Alpha
2 months ago
Workhorse Group Inc. (WKHS) Q3 2024 Earnings Call Transcript
Workhorse Group Inc. (NASDAQ:WKHS ) Q3 2024 Results Conference Call November 19, 2024 6:00 PM ET Company Participants Stan March - VP of Corporate Development and Communications Rick Dauch - Chief Executive Officer Bob Ginnan - Chief Financial Officer Operator Greetings, and welcome to the Workhorse Group Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Workhorse Group Inc. (WKHS) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
2 months ago
Workhorse Group (WKHS) Reports Q3 Loss, Misses Revenue Estimates
Workhorse Group (WKHS) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of $0.85. This compares to loss of $2.80 per share a year ago.
Workhorse Group (WKHS) Reports Q3 Loss, Misses Revenue Estimates
Neutral
GlobeNewsWire
2 months ago
Workhorse Group Reports Third Quarter 2024 Results
CINCINNATI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2024.
Workhorse Group Reports Third Quarter 2024 Results
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