NASDAQ:WKHS - Workhorse Group Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $20.50
  • Forecasted Upside: 37.86 %
  • Number of Analysts: 9
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
▲ +0.42 (2.91%)
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Analyst Price Target for WKHS

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.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 1 sell ratings
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 1 sell ratings
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/4/2021CowenDowngradeOutperform ➝ Market Perform$13.00High
5/10/2021Roth CapitalLower Price TargetNeutral$15.00 ➝ $8.50Low
4/16/2021B. RileyInitiated CoverageBuy$20.00High
3/8/2021Colliers SecuritiesReiterated RatingNeutral ➝ HoldN/A
3/2/2021Roth CapitalLower Price TargetNeutral$19.00 ➝ $15.00Medium
2/24/2021Roth CapitalReiterated RatingNeutral$19.00 ➝ $15.00High
2/24/2021OppenheimerDowngradeOutperform ➝ Market PerformHigh
12/9/2020Wolfe ResearchInitiated CoverageMarket Perform$24.00Low
11/16/2020R. F. LaffertyInitiated CoverageBuy$29.00Low
11/10/2020Roth CapitalLower Price Target$27.00 ➝ $19.00Low
10/26/2020Vertical ResearchInitiated CoverageSellHigh
10/13/2020Roth CapitalDowngradeBuy ➝ Neutral$33.00 ➝ $27.00High
9/2/2020OppenheimerInitiated CoverageOutperform$23.00High
7/13/2020Roth CapitalBoost Price TargetIn-Line ➝ Buy$12.00 ➝ $27.00High
7/1/2020BTIG ResearchBoost Price TargetBuy$10.00 ➝ $26.00High
6/26/2020CowenBoost Price TargetOutperform$4.50 ➝ $11.50High
6/25/2020Roth CapitalBoost Price TargetBuy$4.00 ➝ $12.00High
6/19/2020BTIG ResearchBoost Price TargetBuy$6.00 ➝ $10.00High
5/28/2020Dougherty & CoInitiated CoverageBuy$4.50High
4/28/2020Roth CapitalInitiated CoverageBuy$4.00High
1/30/2020BTIG ResearchInitiated CoverageBuy$6.00High
8/22/2018B. RileySet Price TargetBuy$4.00Low
7/13/2018CowenLower Price TargetOutperform$5.50 ➝ $4.00Medium
7/11/2018B. RileyLower Price TargetBuy ➝ Buy$4.50 ➝ $4.00Low
6/20/2018B. RileyInitiated CoverageBuy$4.50Medium
1/24/2018CowenSet Price TargetBuy$6.00High
1/24/2018Maxim GroupReiterated RatingBuy ➝ Buy$5.00 ➝ $6.00High
9/14/2017Maxim GroupReiterated RatingBuy$5.00High
8/17/2017CowenInitiated CoverageOutperform$5.25High
8/9/2017Maxim GroupSet Price TargetBuy$5.00Low
3/14/2017Maxim GroupReiterated RatingBuy$11.00 ➝ $7.00High
1/31/2017Maxim GroupLower Price TargetBuy$22.00 ➝ $11.00N/A
9/19/2016Maxim GroupBoost Price TargetBuy$15.00 ➝ $22.00N/A
(Data available from 6/21/2016 forward)
Workhorse Group logo
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.
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Today's Range

Now: $14.87
Low: $14.40
High: $15.39

50 Day Range

MA: $11.59
Low: $7.48
High: $16.90

52 Week Range

Now: $14.87
Low: $4.77
High: $42.96


23,168,600 shs

Average Volume

20,280,553 shs

Market Capitalization

$1.83 billion

P/E Ratio


Dividend Yield




Frequently Asked Questions

What sell-side analysts currently cover shares of Workhorse Group?

The following Wall Street research analysts have issued stock ratings on Workhorse Group in the last twelve months: B. Riley, BTIG Research, Colliers Securities, Cowen Inc, Oppenheimer Holdings Inc., R. F. Lafferty, Roth Capital, TheStreet, Vertical Research, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for WKHS.

What is the current price target for Workhorse Group?

7 Wall Street analysts have set twelve-month price targets for Workhorse Group in the last year. Their average twelve-month price target is $20.50, suggesting a possible upside of 37.9%. R. F. Lafferty has the highest price target set, predicting WKHS will reach $29.00 in the next twelve months. Roth Capital has the lowest price target set, forecasting a price of $8.50 for Workhorse Group in the next year.
View the latest price targets for WKHS.

What is the current consensus analyst rating for Workhorse Group?

Workhorse Group currently has 1 sell rating, 5 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in WKHS, but not buy more shares or sell existing shares.
View the latest ratings for WKHS.

What other companies compete with Workhorse Group?

How do I contact Workhorse Group's investor relations team?

Workhorse Group's physical mailing address is 100 COMMERCE DRIVE, LOVELAND OH, 45140. The company's listed phone number is (513) 360-4704 and its investor relations email address is [email protected] The official website for Workhorse Group is