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Workhorse Gr

WKHSNASDAQ
Logo brought to you by Benzinga Data
$0.784100
-0.0088-1.11%
At Close: -
$0.778000
-0.0061-0.78%
After Hours: Aug 23, 7:47 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Tue Aug 20th, before the market open
The most recent conference call was at 11:00 AM, 5 days ago Click to view past webcast
Consensus Rating1
Neutral
Highest Price Target1
$3.50
Lowest Price Target1
$0.25
Consensus Price Target1
$1.51

Workhorse Gr (NASDAQ:WKHS) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
1
Mar
1
Apr
0
0
0
0
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
DA Davidson
RF Lafferty
B. Riley Securities
Roth Capital

1calculated from analyst ratings

Analyst Ratings for Workhorse Gr

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Workhorse Gr (WKHS) stock?

A

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.

Q

What is the most recent analyst rating for Workhorse Gr (WKHS)?

A

The latest analyst rating for Workhorse Gr (NASDAQ:WKHS) was provided by TD Cowen, and Workhorse Gr maintained their hold rating.

Q

When was the last upgrade for Workhorse Gr (WKHS)?

A

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.

Q

When was the last downgrade for Workhorse Gr (WKHS)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Workhorse Gr (WKHS)?

A

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.

Q

Is the Analyst Rating Workhorse Gr (WKHS) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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