Workhorse Group Inc (WKHS) is not a good buy at this moment for a beginner investor with a long-term strategy. The company's financial performance is deteriorating, technical indicators show bearish trends, and there are no significant positive catalysts or trading signals to support an immediate investment.

Technical Analysis

The MACD is slightly positive, indicating minor bullish momentum, but the RSI is neutral at 33.731. The moving averages are bearish (SMA_200 > SMA_20 > SMA_5), and the stock is trading near its key support level (S1: 3.366). Overall, the technical indicators suggest a bearish trend.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

No positive catalysts identified. No recent news or significant insider/hedge fund activity. Gross margin improved YoY but remains negative.

Neutral/Negative Catalysts

The stock is also down -3.71% in pre-market trading. No recent congress trading data or influential figure activity.

Financial Performance

In Q3 2025, revenue declined to $2,384,998 (-4.97% YoY), net income dropped significantly to -$7,827,902 (-68.86% YoY), and EPS fell to -6.05 (-95.89% YoY). Gross margin improved to -323.17 (up 96.25% YoY) but remains negative.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No recent analyst ratings or price target changes available for analysis.

1 Analyst Rating

Wall Street analysts forecast WKHS stock price to rise

0 Buy

1 Hold

0 Sell

Hold

Current: 3.370

Low

7.8

Averages

7.8

High

7.8

Current: 3.370

Low

7.8

Averages

7.8

High

7.8

Roth Capital

Neutral

downgrade

AI Analysis

2025-11-14

Reason

Roth Capital

Price Target

AI Analysis

2025-11-14

downgrade

Neutral

Reason

Roth Capital lowered the firm's price target on Workhorse Group to 65c from $1.50 and keeps a Neutral rating on the shares. The firm notes Workhorse reported non-consequential Q3 results and delayed the shareholder vote on the merger with Motiv, as it believes there was insufficient shareholder support. Roth hears Motiv needs Workhorse since there are questions about whether Motiv will have future access to the Ford chassis that they use to build many of their vehicles. The firm would look to revisit its view following a successful merger and related financing.

Roth Capital

Neutral

downgrade

2025-08-19

Reason

Roth Capital

Price Target

2025-08-19

downgrade

Neutral

Reason

Roth Capital lowered the firm's price target on Workhorse Group to $1.50 from $1.75 and keeps a Neutral rating on the shares post the Q2 report. The firm cites limited growth visibility for the target cut and says it could get more constructive on the shares with a creditable timeline to positive gross margins.

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WKHS Should I Buy

WKHS Should I Buy

Should You Buy Workhorse Group Inc (WKHS) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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