Workhorse Group Stock Forecast for 2023 - 2025 - 2030

Updated on 10/03/2023

Stock Rating
7
Price Target
$6.00
Consensus
Outperform
Upside
1438.46%
Analysts
1
Stock Rating
7
Upside
1438.46%
Analysts
1
Price Target
$6.00

Workhorse Group Stock Forecast and Price Target

According to experts, who recently provided their 2023 price targets for Workhorse Group, the average price target is $6.00, with a high estimate of $11.00 and a low estimate of $3.00. That is a potential upside of approximately 1438.46% from the last closing price of $0.39 on October, 2023. If you are interested in WKHS stock, it is important to also consider its competitors.

$6.00

1438.46% Upside

Outperform
Outperform

Workhorse Group Fair Value Forecast for 2023 - 2025 - 2030

In the last two years, Workhorse Group's Price has grown from $0.00 to $0.00 – a 100.00% increase. Next year, analysts are expecting Fair Value to reach $0.36 – an increase of 100.00%. Over the next nine years, the forecast is for Fair Value to grow by 100.00%.

2022 Fair Value Forecast
$0.36
2023 Fair Value Forecast
$0.40
2024 Fair Value Forecast
$0.45
2025 Fair Value Forecast
$0.50
2026 Fair Value Forecast
$0.55
2027 Fair Value Forecast
$0.61
2028 Fair Value Forecast
$0.68
2029 Fair Value Forecast
$0.76
2030 Fair Value Forecast
$0.84
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1211 Stock Forecast BYD Company Buy 10
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VOW3 Stock Forecast Volkswagen Outperform 10
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GM Stock Forecast General Motors Co Outperform 10
$32.48 $50.12 35.47%

Workhorse Group Revenue Forecast for 2023 - 2025 - 2030

In the last two years, Workhorse Group's Revenue has fallen from $380.00k to $-850.00k – a 323.68% decrease. Next year, analysts are expecting Revenue to reach $-2.14M – an increase of 151.47%. Over the next nine years, the forecast is for Revenue to grow by 283.70%.

2022 Rev Forecast
$-2137466.67
2023 Rev Forecast
$-3068262.15
2024 Rev Forecast
$-4837217.56
2025 Rev Forecast
$-2787204.76
2026 Rev Forecast
$-2848894.89
2027 Rev Forecast
$-3179461.66
2028 Rev Forecast
$-3825740.23
2029 Rev Forecast
$-3450052.54
2030 Rev Forecast
$-3261449.67
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
F Stock Forecast Ford Motor Co Hold 10
$12.31 $15.23 13.73%
PCAR Stock Forecast PACCAR Inc Hold 10
$84.76 $109.39 23.88%
VOLV B Stock Forecast AB Volvo (publ) Outperform 18
kr193.00 kr247.90 16.06%

Workhorse Group Dividend per Share Forecast for 2023 - 2025 - 2030

Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
7201 Stock Forecast Nissan Motor Hold 11
¥426.70 ¥0.00 64.05%
ALSN Stock Forecast Allison Transmission Holdings Hold 18
$58.28 $43.33 -29.65%
7205 Stock Forecast Hino Motors Hold 13
¥596.00 ¥0.00 84.56%

Workhorse Group Free Cash Flow Forecast for 2023 - 2025 - 2030

In the last two years, Workhorse Group's Free Cash Flow has grown, rising from $-38.87M to $-137.89M – a growth of 254.75%. For the following year, the 0 analysts predict that Workhorse Group's Free Cash Flow will drop by 47.12%, reaching $-72.91M. In 2030, the professionals' prediction is that WKHS's Free Cash Flow will decrease by 33.39%, reaching $-91.85M.

2022 FCF Forecast
$-72911635.67
2023 FCF Forecast
$-71774214.15
2024 FCF Forecast
$-82092953.67
2025 FCF Forecast
$-103472695.24
2026 FCF Forecast
$-92556325.89
2027 FCF Forecast
$-85941633.80
2028 FCF Forecast
$-85606461.43
2029 FCF Forecast
$-91279316.27
2030 FCF Forecast
$-91851333.32
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
SHYF Stock Forecast The Shyft Group Buy 15
$14.95 $50.00 127.42%
REVG Stock Forecast REV Group Hold 17
$16.21 $17.08 -19.00%
BLBD Stock Forecast Blue Bird Buy 2
$21.08 $27.00 -0.38%

Workhorse Group Net Income Forecast for 2023 - 2025 - 2030

In the last two years, Workhorse Group's Net Income has grown by 980.03%, rising from $-37.16M to $-401.34M. For next year, analysts predict Net Income of $-510.41M, which would mean an increase of 27.18%. Over the next nine years, experts predict that Workhorse Group's Net Income will grow at a rate of 31.98%.

2022 NI Forecast
$-510410834.00
2023 NI Forecast
$-413041460.57
2024 NI Forecast
$-577693554.80
2025 NI Forecast
$-527049086.49
2026 NI Forecast
$-535271052.24
2027 NI Forecast
$-498819093.59
2028 NI Forecast
$-524391885.78
2029 NI Forecast
$-525947581.71
2030 NI Forecast
$-529681809.54

Workhorse Group EBITDA Forecast for 2023 - 2025 - 2030

Workhorse Group's EBITDA has grown In the last two years, rising from $-23.48M to $-176.40M – a growth of 651.28%. In the following year, the 0 analysts surveyed believe that Workhorse Group's EBITDA will decrease by 65.34%, reaching $-61.15M. According to professionals, by 2030, Workhorse Group's EBITDA will have decreased by 34.47%, falling down to $-115.60M.

2022 EBITDA Forecast
$-61146120.00
2023 EBITDA Forecast
$-75354440.08
2024 EBITDA Forecast
$-98563607.63
2025 EBITDA Forecast
$-146557513.64
2026 EBITDA Forecast
$-109839971.22
2027 EBITDA Forecast
$-101466504.08
2028 EBITDA Forecast
$-104486823.69
2029 EBITDA Forecast
$-117996969.99
2030 EBITDA Forecast
$-115601631.50

Workhorse Group EBIT Forecast for 2023 - 2025 - 2030

Workhorse Group's EBIT has seen impressive growth In the last two years, rising from $-23.87M to $-178.31M – a growth of 647.00%. The next year, 0 experts forecast that Workhorse Group's EBIT will decrease by 65.26%, reaching $-61.94M. In 2030, professionals predict that Workhorse Group's EBIT will decrease by 34.50%, reaching $-116.80M.

2022 EBIT Forecast
$-61938950.33
2023 EBIT Forecast
$-76207619.86
2024 EBIT Forecast
$-99613520.17
2025 EBIT Forecast
$-147979204.66
2026 EBIT Forecast
$-111033729.90
2027 EBIT Forecast
$-102554454.06
2028 EBIT Forecast
$-105583228.94
2029 EBIT Forecast
$-119192907.15
2030 EBIT Forecast
$-116801102.81

Workhorse Group EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last two years, Workhorse Group's EPS has grown from $-0.58 to $-3.03 – a 422.41% increase. According to 0 analysts, Workhorse Group's EPS will fall by 48.18% in the next year, reaching $-1.57. Professionals believe that By 2030, Workhorse Group's EPS will fall to $-2.01 – a 33.61% decrease from its current value.

2022 EPS Forecast
$-1.57
2023 EPS Forecast
$-1.50
2024 EPS Forecast
$-1.80
2025 EPS Forecast
$-2.28
2026 EPS Forecast
$-2.03
2027 EPS Forecast
$-1.86
2028 EPS Forecast
$-1.86
2029 EPS Forecast
$-2.00
2030 EPS Forecast
$-2.01