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WKHS

BEARISH
$2.66 Live
Workhorse Group, Inc. · NASDAQ
Target $3.0 (+12.8%)
$2.36 52W Range $67.32

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 24, 2026
Market cap
$27.8M
P/E
N/A
ROE
-5768.3%
Profit margin
N/A
Debt/Equity
0.88
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
95%
The company is in severe financial distress, evidenced by a critical Piotroski F-Score of 1/9 and a negative Price-to-Book ratio of -0.31, indicating negative shareholder equity. While revenue growth is nominally high (63.7% YoY), the company suffers from catastrophic profitability metrics, including an ROE of -5768.32% and negative gross margins. Technical trends are entirely bearish with a -100% 5-year return, and insider activity is exclusively selling. The lack of an Altman Z-Score combined with these metrics suggests a high risk of insolvency.

Key Strengths

Strong YoY revenue growth of 63.70%
Significant Q/Q revenue acceleration (550.19%)
Current ratio of 1.54 provides a temporary liquidity buffer
Recent quarterly losses are smaller than historical extremes
Price is currently trading near its 52-week low, limiting immediate downside volatility

Key Risks

Negative shareholder equity (P/B of -0.31) indicating technical insolvency
Extreme operational inefficiency with an operating margin of -139.43%
Severe cash burn and lack of a path to profitability
Consistent history of missing earnings estimates over multiple years
Total lack of insider confidence (10 sells, 0 buys)

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
10
Weak
Value
5
Future
30
Past
5
Health
10
Dividend
0
AI Verdict
High Bankruptcy Risk
Key drivers: Negative Book Value, Piotroski F-Score 1/9, Catastrophic ROE, Consistent Net Losses
Confidence
90%
Value
5/100

P/B of -0.31 indicates the company's liabilities exceed its assets.

Positives
No standout positives identified.
Watchpoints
  • Negative P/B ratio
  • No P/E or Graham Number available due to losses
Future
30/100

Revenue growth is the only positive metric, but it is not translating to value.

Positives
  • High revenue growth rates
Watchpoints
  • Negative gross margins mean growth currently increases losses
Past
5/100

Historical performance shows a total collapse of shareholder value.

Positives
No standout positives identified.
Watchpoints
  • 5-year price change of -100%
  • Long track record of massive EPS misses
Health
10/100

F-Score of 1/9 is a definitive signal of weak financial health.

Positives
  • Current ratio > 1
Watchpoints
  • Piotroski F-Score 1/9
  • Quick ratio of 0.43 suggests poor liquid asset quality
Dividend
0/100

Dividend strength is 0/100.

Positives
No standout positives identified.
Watchpoints
  • No dividend history
  • No capacity to pay dividends

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$2.66
Analyst Target
$3.0
Upside/Downside
+12.8%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for WKHS and closest competitors.

Updated 2026-04-23
WKH
Workhorse Group, Inc.
Primary
5Y
-100.0%
3Y
-99.9%
1Y
-81.2%
6M
-79.8%
1M
-15.6%
1W
-3.3%
NAA
NaaS Technology Inc.
Peer
5Y
-100.0%
3Y
-99.9%
1Y
-73.3%
6M
-32.4%
1M
+5.8%
1W
-6.5%
JXG
JX Luxventure Group Inc.
Peer
5Y
-99.2%
3Y
-95.4%
1Y
-88.3%
6M
-70.7%
1M
-0.8%
1W
+5.9%
EZG
EZGO Technologies Ltd.
Peer
5Y
-100.0%
3Y
-99.9%
1Y
-82.7%
6M
-73.9%
1M
-14.0%
1W
+0.3%
MKD
MKDWELL Tech Inc.
Peer
5Y
-97.2%
3Y
-97.2%
1Y
+7.9%
6M
+31.6%
1M
+289.4%
1W
+24.3%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
-1.67
PEG Ratio
N/A
P/B Ratio
-0.31
P/S Ratio
1.31
EV/Revenue
2.48
EV/EBITDA
-1.33
Market Cap
$27.8M

Profitability

Profit margins and return metrics

Profit Margin N/A
Operating Margin -139.43%
Gross Margin -45.05%
ROE -5768.32%
ROA -32.95%

Growth

Revenue and earnings growth rates

Revenue Growth +63.7%
Earnings Growth N/A
Q/Q Revenue Growth +550.19%
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.88
Moderate
Current Ratio
1.54
Good
Quick Ratio
0.43
Poor
Cash/Share
$1.24

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.0B
Gross Margin
80.4%
Op. Margin
-28.6%
Net Margin
-166.5%
Total Assets
$0.1B
Liabilities
$0.1B
Equity
$0.0B
Debt/Equity
1.74x
Operating CF
$-0.0B
Free Cash Flow
$-0.0B
FCF Yield
106%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-14
$N/A
2025-11-10
$-6.0
+65.5% surprise
2025-08-15
$-20.04
+58.0% surprise
2025-05-15
$-56.16
-17.0% surprise

Consumer Cyclical Sector Comparison

Comparing WKHS against 305 companies in the Consumer Cyclical sector (19 bullish, 96 neutral, 190 bearish)
Return on Equity (ROE)
-5768.32%
This Stock
vs
-58.6%
Sector Avg
+9742.7% (Excellent)
Debt to Equity
0.88
This Stock
vs
1.35
Sector Avg
-34.7% (Less Debt)
Revenue Growth
63.7%
This Stock
vs
35.11%
Sector Avg
+81.5% (Fast Growth)
Current Ratio
1.54
This Stock
vs
2.48
Sector Avg
-38.0% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

MARCH STANLEY RAYMOND
Officer
Sell
2025-12-15
284 shares · $1,849
MARCH STANLEY RAYMOND
Officer
Stock Award
2025-12-15
284 shares
MILLER AUSTIN SCOTT
Director
Sell
2025-12-15
5,051 shares · $32,882
MILLER AUSTIN SCOTT
Director
Stock Award
2025-12-15
5,051 shares
BOTTI JEAN
Director
Sell
2025-12-15
5,051 shares · $32,882
BOTTI JEAN
Director
Stock Award
2025-12-15
5,051 shares
HENRICKS ALAN S
Director
Sell
2025-12-15
1,894 shares · $12,330
HENRICKS ALAN S
Director
Stock Award
2025-12-15
1,894 shares
QUIGLEY WILLIAM G III
Director
Sell
2025-12-15
5,051 shares · $32,882
QUIGLEY WILLIAM G III
Director
Stock Award
2025-12-15
5,051 shares
GINNAN ROBERT M
Chief Financial Officer
Sell
2025-12-15
567 shares · $3,691
GINNAN ROBERT M
Chief Financial Officer
Stock Award
2025-12-15
567 shares
DAUCH RICHARD F
Chief Executive Officer
Sell
2025-12-15
8,564 shares · $55,752
DAUCH RICHARD F
Chief Executive Officer
Stock Award
2025-12-15
8,564 shares
DEDO JACQUELINE ADRIENNE
Director
Sell
2025-12-15
5,051 shares · $32,882
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

8-K
8-K
2026-04-23

Workhorse Group Inc. filed an 8-K on April 23, 2026, likely to announce its first-quarter financial results.

10-K
10-K
2026-03-31

Workhorse Group Inc. (WKHS) filed its 10-K annual report on March 31, 2026, which includes sections on business operations, risk factors, and management's discussion and analysis of financial condition. Specific financial highlights and risk details were not provided in the available excerpts.

8-K
8-K
2026-03-31
8-K/A
AMENDMENT NO. 2 TO FORM 8-K
2026-03-24

Workhorse Group Inc. filed Amendment No. 2 to a previously submitted Form 8-K.

8-K
8-K
2026-03-09
8-K/A
AMENDMENT NO. 1 TO FORM 8-K
2026-02-26

Workhorse Group Inc. filed an amendment to a previously submitted Form 8-K on February 26, 2026.

8-K
8-K
2026-01-21

Workhorse Group Inc. filed an 8-K on January 21, 2026, likely to announce its fourth quarter and full-year financial results.

8-K
8-K
2026-01-12
8-K
CURRENT REPORT
2025-12-15
8-K
CURRENT REPORT
2025-12-12
8-K
CURRENT REPORT
2025-12-03
8-K
CURRENT REPORT
2025-11-25
8-K
CURRENT REPORT
2025-11-12
10-Q
10-Q
2025-11-10
8-K
CURRENT REPORT
2025-11-10
Data sourced from SEC EDGAR. AI summaries generated automatically.

Past News Coverage

Recent headlines mentioning WKHS from our newsroom.

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