Workhorse Group Inc has a consensus price target of $1.51 based on the ratings of 6 analysts. The high is $3.5 issued by Roth Capital on August 10, 2022. The low is $0.25 issued by TD Cowen on August 21, 2024. The 3 most-recent analyst ratings were released by TD Cowen, DA Davidson, and RF Lafferty on August 21, 2024, April 1, 2024, and March 13, 2024, respectively. With an average price target of $0.35 between TD Cowen, DA Davidson, and RF Lafferty, there's an implied -55.01% downside for Workhorse Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Workhorse Gr (NASDAQ:WKHS) was reported by TD Cowen on August 21, 2024. The analyst firm set a price target for $0.25 expecting WKHS to fall to within 12 months (a possible -67.87% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Workhorse Gr (NASDAQ:WKHS) was provided by TD Cowen, and Workhorse Gr maintained their hold rating.
The last upgrade for Workhorse Group Inc happened on March 2, 2022 when Roth Capital raised their price target to $7. Roth Capital previously had a neutral for Workhorse Group Inc.
The last downgrade for Workhorse Group Inc happened on March 13, 2024 when RF Lafferty changed their price target from N/A to $0.3 for Workhorse Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Workhorse Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Workhorse Gr was filed on August 21, 2024 so you should expect the next rating to be made available sometime around August 21, 2025.
While ratings are subjective and will change, the latest Workhorse Gr (WKHS) rating was a maintained with a price target of $3.00 to $0.25. The current price Workhorse Gr (WKHS) is trading at is $0.78, which is out of the analyst’s predicted range.
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