Workhorse (WKHS) Stock
Electric delivery vehicle maker for last mile logistics. Here's the price, business snapshot, and what's worth knowing about Workhorse in October 2026.
Workhorse Group Inc (WKHS) is a microcap manufacturer focused on electric delivery vehicles, battery systems and drone-based parcel delivery technology. Investors should know the company has a small market capitalisation, limited revenue history and has faced execution and regulatory challenges; its future depends heavily on securing fleet contracts, production scaling and reliable supply chains. The business sits in a fast-growing thematic — electrification of last-mile logistics — which offers potential upside if adoption accelerates and contracts materialise. However, the stock is highly volatile, often illiquid, and sensitive to news and funding events. This summary is educational only and not personal financial advice. Small-cap, speculative stocks like WKHS may be unsuitable for conservative investors; consider your risk tolerance, time horizon and diversification before researching further.
Workhorse (WKHS) Stock Forecast
Analyst price target, next 12 months
$2.00
-21.3% vs today's $2.54
Price range over the last 12 months
Close to its 12-month low
Analysts covering Workhorse have a consensus 12-month target of $2.00, below the current price of $2.54.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 25 May 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts recommend selling Workhorse stock with a target price of $2, indicating potential loss.
Financial Health
Workhorse Group is generating modest revenue and cash flow, but faces challenges in growth.
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Why You’ll Want to Watch This Stock
Small-cap Volatility Risks
Microcap status means shares can move sharply on news or funding events; liquidity may be limited, so trade size and timing matter.
Technology and Fleet Focus
Workhorse sits in the electrification of last-mile delivery — adoption or fleet contracts could boost prospects, though execution is uncertain.
Regulation and Contracts
Government incentives and major fleet orders can be catalysts, but reliance on contracts and regulatory clarity also creates risk.
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