Workhorse Group Inc. (WKHS) Stock Forecast & Price Prediction 2025, 2030, 2040, and 2050
Discover latest Workhorse Group Inc. (WKHS) short-term stock forecast for year 2025, month by month, and long-term WKHS price prediction for years 2025 to 2050. Check WKHS historical stock performance, analyst ratings (Buy, Sell, or Hold), and stay updated with the latest WKHS news and headlines.
1 Month Prediction
$5.65 [144.43%]
3 Month Prediction
$1.00 [-56.71%]
6 Month Prediction
$1.00 [-56.71%]
1 Year Prediction
$1.00 [-56.71%]
3 Year Prediction
$1.00 [-56.71%]
5 Year Prediction
$1.00 [-56.71%]
About Workhorse Group Inc.
Workhorse Group Inc. is an American technology company that designs and manufactures zero-emission commercial vehicles. Its primary offerings include electric delivery trucks, particularly the W56 step van.
Also, Workhorse develops cloud-based, real-time telematics performance monitoring systems, which are fully integrated with their vehicles for fleet operators to optimize energy usage and route efficiency.
The company was founded in 2007, and is headquartered in Sharonville, Ohio.
Workhorse Group Inc. (WKHS) Historical Performance
IPO Date
Workhorse Group Inc. (NASDAQ:WKHS) went public on 04 January, 2016.
Change
Since inception, WKHS has decreased by 99.85%. In the last 5 years, WKHS has fallen from $732.50 to $2.31, a massive -99.68% decrease since 2020.
Historical Highs and Lows
In the past 5 years, the stock reached a high of $8580.00 and a low of $2.31.
52 Week Range
$1.91
$68.0
The current price $2.31 is not near the 52-week extremes, which means that the stock is neither overbought nor underbought.
WKHS Stock Price History
Based on WKHS stock's historical price data, this table shows how the stock has performed in the last 6 years. Since 2019, the WKHS stock has fallen from $452.5 - $6342.5 to $2.31 - $6.45, which is down -99.36%. Currently, the stock follows downward trend.
Here, we have calculated stock range of WKHS, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
| Year | Stock Price | Avg Price | Change% | Year Change |
|---|---|---|---|---|
| 2020 | $452.5 - $6342.5 | $3130.62 | 326.26 | 1 Year Change |
| 2021 | $1090.0 - $8580.0 | $3094.58 | 321.35 | 2 Year Change |
| 2022 | $380.0 - $1250.0 | $750.0 | 2.12 | 3 Year Change |
| 2023 | $90.0 - $552.5 | $248.67 | -66.14 | 4 Year Change |
| 2024 | $8.5 - $83.75 | $32.01 | -95.64 | 5 Year Change |
| 2025 | $2.31 - $6.45 | $4.7 | -99.36 | 6 Year Change |
WKHS Price Performance
6-Month Performance
WKHS stock dropped by 75.56% in the last six months.
1-Year Performance
The stock has trended downwards by 93.88% in the past year.
3-Year Performance
In the last 3 years, the stock has plummeted by 99.69%.
5-Year Performance
In the last 5 years, the stock has gone down by 99.68%.
According to Workhorse Group Inc.'s historical data, below graph gives us the exact picture of how the WKHS stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 1 year and a decline in 4 years.
2020
550.66% ↑
2021
77.96% ↓
2022
65.14% ↓
2023
76.32% ↓
2024
90.31% ↓
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Workhorse Group Inc. (WKHS) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $2.51 M (Q3)
Revenue for Q3 ending 30th September, 2024 increased 197.91% compared to Q2 ending 30th June, 2024.
Annual Revenue: $9.10 M (1Y)
Revenue for trailing 12 months decreased 30.52% year over year from 31st December, 2023.
If compared to the last 5 years, the revenue has gone up from $1.39 million to $9.10 million, a 553.33% change.
Market Capitalization
Workhorse Group Inc. has a market capitalization of $7.57M, which places WKHS in the nano-cap category.
Fundamental Analysis
EPS: $-0.98 (Q3), $-12.00 (1Y)
EPS decreased 30.00% since last quarter, and decreased 18.92% since last year.
Net Income: $-25.14 M (Q3), $-123.92 M (1Y)
Net Income decreased 4.50% since last quarter, and increased 5.67% since last year.
Free Cash Flow: $-10.32 M (Q3), $-141.71 M (1Y)
Free Cash Flow decreased 19.58% since last quarter, and increased 27.31% since last year.
Net Profit Margin: -1001.53% (Q3), -1362.08% (1Y)
Net Profit Margin decreased 67.94% since last quarter, and increased 52.09% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for WKHS stock. These indicators help you understand Workhorse Group Inc.'s financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for WKHS stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
| Technical Indicators | Value |
|---|---|
| SMA20 | $3.59 |
| SMA50 | $5.69 |
| SMA200 | $12.36 |
| RSI | 22.31 |
| Beta | 2.79 |
SMA20 > Current Price
This signals WKHS stock is in short-term bearish momentum.
SMA50 > Current Price
This signals WKHS stock is in mid-term bearish momentum.
SMA200 > Current Price
This signals WKHS stock is in long-term bearish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for WKHS stock is Bearish. Out of all indicators, 3 indicates bullish signals, 5 signals bearish trends and 1 gives neutral trends. The WKHS stock forecast was last updated on 26 March, 2025.
Workhorse Group Inc. (WKHS) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to fall to $1.00 by the end of 2025, and can reach around $0.66 to $0.98 in 2026. And, the long-term forecast suggests that the stock may further drop to $1.47 - $1.14 in 2028, and $0.79 - $1.35 by 2031. So, the WKHS stock shows a strong downward trend in the next several years.
Short-term WKHS Stock Price Prediction & Forecast
| Date | Forecasted Price | Change% |
|---|---|---|
| 2025-04 | $5.65 | 144.59% |
| 2025-05 | $4.97 | 115.15% |
| 2025-06 | $1.00 | -56.71% |
| 2025-07 | $1.00 | -56.71% |
| 2025-08 | $1.00 | -56.71% |
| 2025-09 | $1.00 | -56.71% |
| 2025-10 | $1.00 | -56.71% |
| 2025-11 | $1.00 | -56.71% |
| 2025-12 | $1.00 | -56.71% |
In 2025, the WKHS stock price is expected to fluctuate between $1.0 and $5.65. According to the monthly forecast, the stock could drop to $1.00 by December 2024. If compared to the WKHS's current price, the stock could lose -56.71% by the end of this year.
Long-term WKHS Stock Price Prediction & Forecast
| Year | Year Start | Year Mid | Year End | Change% |
|---|---|---|---|---|
| 2026 | $0.66 | $1.02 | $0.98 | -57.58% |
| 2027 | $0.82 | $0.95 | $1.21 | -47.62% |
| 2028 | $1.47 | $0.82 | $1.14 | -50.65% |
| 2029 | $1.07 | $1.12 | $0.63 | -72.73% |
| 2030 | $0.72 | $0.99 | $1.02 | -55.84% |
| 2031 | $0.79 | $0.95 | $1.35 | -41.56% |
| 2032 | $1.41 | $0.96 | $0.76 | -67.1% |
| 2033 | $0.98 | $0.71 | $0.54 | -76.62% |
| 2034 | $0.82 | $1.61 | $1.49 | -35.5% |
| 2035 | $0.83 | $0.86 | $0.71 | -69.26% |
| 2036 | $1.16 | $0.95 | $1.28 | -44.59% |
| 2037 | $0.30 | $1.37 | $0.89 | -61.47% |
| 2038 | $0.77 | $0.62 | $1.66 | -28.14% |
| 2039 | $1.10 | $0.79 | $1.13 | -51.08% |
| 2040 | $0.80 | $0.42 | $0.80 | -65.37% |
| 2041 | $0.78 | $0.73 | $0.84 | -63.64% |
| 2042 | $1.00 | $0.93 | $1.38 | -40.26% |
| 2043 | $0.88 | $1.19 | $0.67 | -71.0% |
| 2044 | $0.83 | $0.60 | $0.97 | -58.01% |
| 2045 | $1.45 | $0.81 | $1.12 | -51.52% |
| 2046 | $0.92 | $1.19 | $0.57 | -75.32% |
| 2047 | $1.28 | $0.97 | $1.50 | -35.06% |
| 2048 | $1.15 | $0.86 | $0.93 | -59.74% |
| 2049 | $1.24 | $0.34 | $1.15 | -50.22% |
| 2050 | $0.83 | $0.45 | $0.40 | -82.68% |
| 2051 | $0.60 | $0.67 | $0.69 | -70.13% |
Workhorse Group Inc. (WKHS) Stock Price Prediction & Forecast 2025
At the start of 2025, the WKHS stock was at $6.45. Today, it is trading at $2.31, which is -64.19% decrease from price at the beginning of the year. By the end of this year, you can expect the stock to fall to $1.00 by December 2025 with a -56.71% change.
Workhorse Group Inc. (WKHS) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant appreciation in the WKHS stock. During this period, the WKHS's price is forecasted to shift from $0.66 to $1.02, which is 54.55% gain.
In 2026, the stock would possibly open at $0.66, escalates to $1.02 by mid-year, and wraps up at $0.98, reflecting a decrease from today's price. Further moving to 2030, the stock can kick off the year at $0.72, soar to $0.99 by mid-year, and finish at $1.02, which is -56.06% change from current price.
Workhorse Group Inc. (WKHS) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $0.79 to $0.80, which is up -41.51%
In 2031, we can expect WKHS to fluctuate between $0.79 and $1.35, a shift indicating a -41.51% loss by year-end compared to current price. And Until 2040, WKHS can likely vary from $0.80 to $0.80. By the end of 2040, the stock could record a -65.34% fall from today's stock price.
Workhorse Group Inc. (WKHS) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the WKHS stock can see an a downturn from $0.78 to $0.40 in this period. In 2041, the stock can experience a low of $0.73 by mid-year, closing the year at $0.84. This results in a -68.48% decrease from today.
Moving towards the end of 2050, WKHS is projected to open the year at $0.83. The stock may dip to $0.45 during mid-year and finish the year at $0.40. Compared to the stock's current price, this translates to an overall loss of -82.55% by 2050.
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WKHS Competitors
| Ticker | Company | Market Cap | Price | 1m Change | Forecast |
|---|---|---|---|---|---|
| F | Ford Motor Company | - | $9.33 | -6.98% ▼ | $113.73 ▲ |
Last updated Mar 26 at 12:01 PM
WKHS : Buy, Sell Or Hold?
Analyst Ratings
Based on 2 analysts, 0 rated as a strong buy, 0 recommended a buy, 2 suggested a hold, 0 advised a sell, and 0 indicated a strong sell.So, according to analyst ratings, the recommendation for WKHS stock is Hold.
Expert Analysis
According to WKHS short-term and long-term forecast, Workhorse Group Inc. shares are projected to go down by 82.68%, and reach a value of $0.40 per share by 2050.
As per technical analysis, indicators show a Bearish sentiment, while Fear & Greed Index stands at 42.857142857142854, which signals Fear. Also, WKHS has recorded 7/30 green days, which reflects a 31.818181818181817% positivity rate with a price volatility of 0.09%.
Plus, Price-to-Earnings (P/E) ratio of 0 suggests that WKHS stock is undervalued. So, Based on WKHS prediction and analysis, it may be the best time to sell WKHS stock right now.
Disclaimer: Stock predictions, forecasts and price targets provided for "WKHS” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.