Workhorse (WKHS.US) Price Target and Rating 2026/2027

3,33
-5,13%
Price history for Workhorse (WKHS.US) – stock price at 3.33 $, August 2026
Workhorse stock price – price development 2026. Updated Aug 6, 2026.
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Workhorse Price Target 2026: Analysts See 10% Downside

The average price target for Workhorse is $3.00. This price target represents the analysts' view of the stock price over the next 12 months. The stock appears overvalued, because the price target is lower than the current price. It is -9,91% above the target, and analysts expect the price to fall over the next 12 months. Even if the stock may be overvalued, price momentum can last longer than expected. That is why it is important to keep an eye on the stock and its momentum on an ongoing basis. WallStreetBuys helps you with the technical analysis and keeps you up to date on the development.

Is Workhorse overvalued or undervalued?

Workhorse is currently fairly valued with a gap of 9.9% relative to the price target.


The current price is $3.33, which places Workhorse in the fairly valued category. The stock is considered undervalued when the price is below $2.70, and overvalued when the price exceeds $3.30.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Workhorse, the fair value range lies between $2.70 and $3.30.


See the full price target analysis for Workhorse →

Analyst Ratings for Workhorse stock in 2026: Hold

1 analysts cover Workhorse. Analysts are mostly neutral — 100% recommend Hold. The average price target is $3.00, which is 9.9% below the current price.

Consensus: Hold (3.00/5)
Hold
1 (100%)
Strong Sell Sell Hold Buy Strong Buy
3.00 out of 5 based on 1 analysts

About Workhorse – Auto Manufacturers

Workhorse Group Inc. udvikler og sælger eldrevne erhvervskøretøjer uden udledning i USA. De tjener primært penge på at levere disse nul-emissionsløsninger til transportsektoren. Workhorse er især kendt for deres mellemtunge leveringslastbiler, som både findes som rene elbiler og med range-extender. Udover lastbilerne producerer Workhorse også HorseFly Unmanned Aerial System, som er et specialbygget, fuldt elektrisk dronesystem. Virksomheden tilbyder desuden Metron, en applikation der holder styr på flådens præstationer. Workhorse Group Inc. blev stiftet i 2007 og har hovedkvarter i Ohio. De fokuserer udelukkende på det amerikanske marked. Read more about the company

Key Figures for Workhorse

$ 37,1M Market cap
$ 24,4M Revenue
Auto Manufacturers Industry
- P/E
1.52 P/S
1.27 P/B
USA Listed on exchange

What kind of stock is Workhorse?

Growth stock

Workhorse is classified as a growth stock with quarterly earnings growth of 19,043.5% and strong long-term momentum of 0.0%.

Score Overview for Workhorse

💰 Value Score 43/100 (Neutral)
🚀 Momentum Score 2/100 (Very Low)
📊 Total Score 15/100

⚠️ 4 red flags identified 4 critical

Our analysis has identified 4 potential risk factors in Workhorse that investors should be aware of.

🚨 Weak balance sheet (elevated risk): Altman Z2 is -13.21 – the balance sheet is measurably weaker than average. This is a risk signal based on the numbers, not a bankruptcy prediction.
🚨 Negative profit margin: The profit margin is -292.3% – the company is losing money on its operations.
🚨 Negative return on equity: ROE is -247.7% – the company is generating a negative return for shareholders.
🚨 High short interest: 22.9% of the shares are sold short – many professional investors are betting on price declines.

📈 Valuation

The P/S ratio is 1.5. The P/B ratio is 1.3.

💵 Profitability & Growth

The latest quarterly earnings grew 19,043.5% year over year — strong growth.

🏦 Financial Health

The Piotroski score is 4 out of 9 — average financial health. Altman Z2 is -13.21 (weak balance sheet — elevated risk). The debt-to-equity ratio (D/E) is 111.9% — moderate debt.

🚀 Momentum & Short Interest

Short interest is 22.85% — very high, the market is skeptical.

Insider Trading in Workhorse 2026: The Signal Is negative

In 2026, insiders at Workhorse have made 20 transactions, all of which were sales. On a net basis, insiders took 435,916 $ out of the stock. Active insiders include Stanley Raymond March, Robert M Ginnan, Richard F Dauch and others.

Short-Term Signal (3 months): No activity

There has been no insider trading in the last 3 months.

Long-Term Signal (all transactions): Negative

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net 435,916 $ out of the stock.

Latest sale: Stanley Raymond March sold 284 shares at 7 $ each on 2025-12-15.

Who is selling: Stanley Raymond March, Robert M Ginnan, Richard F Dauch, Raymond Joseph Chess, QUIGLEY WILLIAM G III and others.

Latest Insider Trades in Workhorse (2026)

The table shows the last 20 reported insider transactions in Workhorse. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2025-12-15 Stanley Raymond March Sell 284 7 1,849
2025-12-15 Robert M Ginnan Sell 567 7 3,691
2025-12-15 Richard F Dauch Sell 8,564 7 55,752
2025-12-15 Raymond Joseph Chess Sell 6,314 7 41,104
2025-12-15 QUIGLEY WILLIAM G III Sell 5,051 7 32,882
2025-12-15 Pamela S Mader Sell 5,051 7 32,882
2025-12-15 Miller Austin Scott Sell 5,051 7 32,882
2025-12-15 March Stanley Raymond Sell 106 7 690
2025-12-15 Mader Pamela S. Sell 5,051 7 32,882
2025-12-15 Joshua Joseph Anderson Sell 296 7 1,927

Who is buying and selling Workhorse shares in 2026?

The following insiders have sold shares: Stanley Raymond March, Robert M Ginnan, Richard F Dauch, Raymond Joseph Chess, QUIGLEY WILLIAM G III and others. In total, 435,916 $ was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Workhorse Short Selling 2026: 22.9% Sold Short

Extremely shorted: 22.9% of the free float
Short % of free float
22.9%
Assessment
Extremely shorted
Short squeeze risk
Very High
Data source
SEC
Updated daily
The stock has an extremely high share of short selling. More than 20% of the freely traded shares are sold short, which is unusual and can point to great skepticism among institutional investors. The risk of a short squeeze on positive news is considerable.

What does this mean for you as an investor?
A short interest of 22.9% means that 22.9% of the freely traded shares in Workhorse have been borrowed and sold by investors betting on falling prices. On positive surprises (e.g. a strong earnings report), short sellers can be forced to buy back shares quickly to close their positions, which can cause a short squeeze with sharp price gains in a short time.

The next potential catalyst is the earnings report on 8/13/2026. With a short interest of 22.9%, the report can trigger considerable volatility.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
22.9%

When Does Workhorse Report Earnings – Next Date: 8/13/2026

The next earnings report from Workhorse is scheduled for August 13, 2026, after the market closes. This report covers the second quarter (Q2), which ended on June 30, 2026.



Technical Analysis of Workhorse 2026 – Signal: Hold

Overall Technical Signal: Hold

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of Workhorse (WKHS.US) – RSI 70, MACD positive (bullish), daily candlestick chart August 2026
Workhorse technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of Workhorse Group Inc

Workhorse Group Inc is in a short-term uptrend. The price of $3.51 is 22.3% above the 20-day average ($2.87). Medium term, the picture is positive: the price is 15.5% above the 50-day average ($3.04). Long term, the stock is 28.9% below the 200-day average ($4.94), which signals a long-term downtrend.

Death Cross: The 50-day average (3.04) is below the 200-day average (4.94), which is a classic bearish signal for Workhorse Group Inc.

Is Workhorse Group Inc overbought or oversold?

Workhorse Group Inc has an RSI of 70.2, which places the stock in overbought territory (above 70). With a neutral trend, the overbought level can signal an upcoming pullback.

MACD Analysis for Workhorse Group Inc

Daily MACD: MACD is positive (0.109), which means the short-term trend is bullish (the 12-day EMA is above the 26-day EMA). MACD is above the signal line (0.018) by 0.091, which confirms rising momentum in the uptrend.

Weekly MACD: MACD5 is negative (-1.632), which indicates a broader bearish long-term trend. MACD5 is above the signal line (-2.311) by 0.679, which suggests the negative long-term momentum is fading – a bigger trend reversal could be ahead.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The short-term trend is bullish, but the long-term trend is still bearish. Weekly momentum is rising, though, which could signal an upcoming trend reversal.

Risk Profile for Workhorse Group Inc

Workhorse Group Inc has an annual standard deviation of 97.3%, which classifies the stock as extreme risk. Only risk-tolerant investors should consider this stock, because the price swings can be very large.

Overall Technical Conclusion for Workhorse Group Inc

Trend: Neutral/mixed.

MACD trend (zero line): Daily bullish (0.109). Weekly bearish (-1.632).

MACD momentum (signal): Daily rising. Weekly rising.

RSI: 70.2 – overbought.

Technical signal: Hold

The signals are mixed – trend and MACD point in different directions. Wait until MACD crosses the zero line in the direction of the trend before acting.

Frequently Asked Questions About Workhorse stock in 2026

Should you buy Workhorse stock now?
The technical signal for Workhorse is currently NEUTRAL. Workhorse trades at $3.33 as of 8/6/2026. The overall technical signal is: Hold. The technical analysis shows the following: MACD is positive (bullish trend) at 0.109 with rising momentum (signal: 0.018); RSI is at 70.2 (overbought), suggesting the price may have risen too quickly; the stock is in a short-term uptrend (price above the 20-day average); the analyst price target of $3.00 is 9.9% below the current price. This is a technical observation based on current data, not investment advice.
What is the price target for Workhorse stock?
The average analyst price target for Workhorse is $3.00. The current price is $3.33, which gives a downside of 9.9%. Based on this, the stock is considered fairly valued. The fair value range (±10% of the price target) is between $2.70 and $3.30.
Is Workhorse a dividend stock?
No, Workhorse does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of Workhorse stock?
Workhorse is rated as a stock with extreme risk. the annual standard deviation is 97.3%, which classifies the stock as extreme risk. In addition, an RSI of 70.2 signals overbought (elevated risk of a pullback).
Is Workhorse overvalued?
Workhorse is considered fairly valued – the price is close to the analyst price target. Workhorse has the following valuation ratios: a P/S ratio of 1.5, a P/B ratio of 1.3. The stock trades close to the analyst price target and is considered fairly valued.
Is Workhorse overbought?
Yes, Workhorse is overbought with an RSI of 70.2 (above 70). The technical indicators show: RSI is at 70.2 (above the 70 mark), which signals the price is overbought and may have risen too quickly. In addition, the price is 16.1% above the 20-day average (short-term uptrend). In addition, MACD is positive with rising momentum (bullish).
When is the next Workhorse earnings report?
Workhorse reports its next earnings on August 13, 2026. The stock currently trades at $3.33. The RSI is at 70.2, so the report can reinforce the current technical trend.
Is Workhorse shorted?
Yes, Workhorse is shorted with 22.9% of the free float sold short. This is an extremely high level of short selling, which points to great skepticism among institutional investors. The risk of a short squeeze on positive news or earnings is very high. Data is updated daily based on official filings with the SEC.
Are insiders buying Workhorse stock?
No, insiders are not buying Workhorse shares – they are net sellers. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 435,916 $ sold. Active sellers include Stanley Raymond March, Robert M Ginnan, Richard F Dauch and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Workhorse a good stock?
Based on our total score, Workhorse is rated as a poor stock with a total score of 23 out of 100. The stock scores below average on value, quality and momentum – it sits at the lower end of the market. The score is made up of Value: 43/100, Momentum: 2/100. In addition: technical signal: Hold. Whether Workhorse is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Workhorse stock?
The outlook for Workhorse based on current data: the average analyst price target is $3.00 (-9.9%); the next earnings report is due on 8/13/2026, which can move the price. Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Workhorse stock rising?
Workhorse is rising right now. The technical indicators show: the price is 16.1% above the 20-day average; MACD is positive with rising momentum (bullish signal); short interest is 22.9% (high – many are betting on a decline); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can Workhorse go?
The average analyst price target for Workhorse is $3.00, which is 9.9% below the current price of $3.33. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Workhorse fall?
We lack enough history to give a specific floor for Workhorse. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Workhorse do?
Workhorse Group Inc. udvikler og sælger eldrevne erhvervskøretøjer uden udledning i USA. De tjener primært penge på at levere disse nul-emissionsløsninger til transportsektoren. Workhorse er især kendt for deres mellemtunge leveringslastbiler, som både findes som rene elbiler ... The company belongs to the Cyklisk forbrug sector, more specifically the Auto Manufacturers industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Workhorse as an investment.
Did Workhorse raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Workhorse. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Workhorse making money or losing money?
No, Workhorse is currently not making money — the company is losing money with a negative profit margin of -292.3%, a substantial loss. That means the business loses money on every dollar of revenue. For growth stocks investing in expansion this is normal — but it raises the risk if the company does not reach break-even before its capital runs out.
Can Workhorse go bankrupt?
The bankruptcy risk of Workhorse is rated as elevated. Altman Z2 (a model for assessing financial distress) is -13.21 — that places the company in the weak zone. This is a probability based on the numbers, not a verdict — bankruptcy is not imminent. But the balance sheet is measurably weaker than average, so watch the debt, liquidity and possible capital raises. The Piotroski score (financial health 0-9, higher is better) is 4 — which is average. Debt relative to equity is 112% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Workhorse have a lot of debt?
Workhorse has moderate debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 112%. For the cyklisk forbrug sector, 80-150% counts as a typical level. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.