Roth Capital Predicts Workhorse Group Q1 Earnings

Workhorse Group Inc. (NASDAQ:WKHS) – Analysts at Roth Capital issued their Q1 2025 earnings per share (EPS) estimates for Workhorse Group in a research report issued to clients and investors on Friday, November 22nd. Roth Capital analyst C. Irwin forecasts that the company will post earnings of ($0.41) per share for the quarter. The consensus estimate for Workhorse Group’s current full-year earnings is ($4.65) per share. Roth Capital also issued estimates for Workhorse Group’s Q2 2025 earnings at ($0.41) EPS, Q3 2025 earnings at ($0.42) EPS and Q4 2025 earnings at ($0.41) EPS.

Separately, TD Cowen lifted their price target on shares of Workhorse Group from $0.25 to $1.25 and gave the stock a “hold” rating in a report on Wednesday, November 20th.

Workhorse Group Stock Performance

NASDAQ:WKHS opened at $1.15 on Monday. The stock has a market capitalization of $28.01 million, a P/E ratio of -0.15 and a beta of 2.55. The company’s 50-day simple moving average is $0.87 and its 200-day simple moving average is $1.64. Workhorse Group has a fifty-two week low of $0.57 and a fifty-two week high of $8.78.

Institutional Investors Weigh In On Workhorse Group

A number of large investors have recently bought and sold shares of WKHS. Vanguard Group Inc. increased its holdings in shares of Workhorse Group by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 10,323,640 shares of the company’s stock valued at $2,422,000 after purchasing an additional 453,085 shares in the last quarter. Swedbank AB purchased a new position in Workhorse Group in the 1st quarter valued at $303,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Workhorse Group by 83.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 330,457 shares of the company’s stock worth $78,000 after buying an additional 149,960 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Workhorse Group by 76.9% during the 3rd quarter. Geode Capital Management LLC now owns 283,270 shares of the company’s stock worth $246,000 after purchasing an additional 123,150 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in Workhorse Group during the third quarter worth $51,000. Hedge funds and other institutional investors own 15.98% of the company’s stock.

Workhorse Group Company Profile

Workhorse Group Inc, a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers commercial vehicles under the Workhorse brand. The company was formerly known as AMP Holding Inc and changed its name to Workhorse Group Inc in April 2015.