Average Price Target: $20.50
▲ +37.86% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Workhorse Group in the last 3 months. The average price target is $20.50, with a high forecast of $29.00 and a low forecast of $8.50. The average price target represents a 37.86% upside from the last price of $14.87.
The current consensus among 9 polled investment analysts is to hold stock in Workhorse Group. This rating has held steady since August 2020, when it changed from a Buy consensus rating.
Workhorse Group Inc., a technology company, designs, manufactures, builds, and sells battery-electric vehicles and aircraft in the United States. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. It offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.