Workhorse Group Inc.

NasdaqCM:WKHS Stock Report

Market Cap: US$32.3m

Workhorse Group Future Growth

Future criteria checks 2/6

Workhorse Group is forecast to grow earnings and revenue by 51.1% and 37.7% per annum respectively while EPS is expected to grow by 97.9% per annum.

Key information

51.1%

Earnings growth rate

97.9%

EPS growth rate

Auto earnings growth12.0%
Revenue growth rate37.7%
Future return on equityn/a
Analyst coverage

Low

Last updated20 Dec 2024

Recent future growth updates

Recent updates

Workhorse Group (NASDAQ:WKHS) Will Have To Spend Its Cash Wisely

May 16
Workhorse Group (NASDAQ:WKHS) Will Have To Spend Its Cash Wisely

Workhorse: Real Company Priced For Disaster

Oct 14

We're Keeping An Eye On Workhorse Group's (NASDAQ:WKHS) Cash Burn Rate

Sep 23
We're Keeping An Eye On Workhorse Group's (NASDAQ:WKHS) Cash Burn Rate

Workhorse: Resolving Concerns And Gearing Up For Production

Aug 04

If Workhorse Fails, It Fails

Jul 06

Workhorse Group, Inc: Bleeding Cash Puts 2022 Business Plan In Limbo

Apr 18

Workhorse Stock Forecast: What To Watch For In 2022

Jan 20

Workhorse: When It Rains, It Pours

Dec 03

Where Will Workhorse Stock Be In 5 Years? At This Rate, Gone

Oct 01

Workhorse Stock Forecast For 2025: Risks And Opportunities To Consider

Sep 20

We Think Shareholders Should Be Aware Of Some Factors Beyond Workhorse Group's (NASDAQ:WKHS) Profit

Aug 17
We Think Shareholders Should Be Aware Of Some Factors Beyond Workhorse Group's (NASDAQ:WKHS) Profit

Workhorse Group - Flawed Vehicle Design Likely To Cause Debt Issues Early Next Year

Aug 12

Earnings and Revenue Growth Forecasts

NasdaqCM:WKHS - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202619-36N/AN/A1
12/31/202514-55N/AN/A2
12/31/20248-96N/AN/A2
9/30/20249-126-74-68N/A
6/30/202410-131-99-87N/A
3/31/202413-128-125-108N/A
12/31/202313-124-142-123N/A
9/30/202312-117-148-123N/A
6/30/202311-122-126-104N/A
3/31/20237-120-115-96N/A
12/31/20225-117-111-94N/A
9/30/20220-235-100-89N/A
6/30/2022-3-280-114-107N/A
3/31/2022-1-303-136-128N/A
12/31/2021-1-401-138-133N/A
9/30/2021235-151-143N/A
6/30/2021332-142-134N/A
3/31/20212-55-104-97N/A
12/31/2020170-76-70N/A
9/30/20201-210-50-50N/A
6/30/20200-137-43-43N/A
3/31/20200-26-41-39N/A
12/31/20190-37-39-37N/A
9/30/20190-56-32-29N/A
6/30/20190-50-29-26N/A
3/31/20191-37-23-23N/A
12/31/20181-37-22-22N/A
9/30/20186-31-28-28N/A
6/30/20189-38N/A-27N/A
3/31/20189-40N/A-30N/A
12/31/201710-41N/A-39N/A
9/30/20178-36N/A-34N/A
6/30/20177-29N/A-30N/A
3/31/20178-23N/A-29N/A
12/31/20166-20N/A-19N/A
9/30/20163-16N/A-17N/A
6/30/20162-15N/A-15N/A
3/31/20160-12N/A-10N/A
12/31/20150-9N/A-8N/A
9/30/20150-7N/A-6N/A
6/30/20150-5N/A-5N/A
3/31/20150-7N/A-5N/A
12/31/20140-7N/A-4N/A
9/30/20140-6N/A-3N/A
6/30/20140-6N/A-3N/A
3/31/20140-6N/A-2N/A
12/31/20130-6N/A-3N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WKHS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: WKHS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: WKHS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: WKHS's revenue (37.7% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: WKHS's revenue (37.7% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if WKHS's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 04:53
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Workhorse Group Inc. is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher SoutherB. Riley Securities, Inc.
Gregory LewisBTIG
Michael ShliskyColliers Securities