WORKHORSE GROUP INC (WKHS)
NASDAQConsumer DiscretionaryAuto - ManufacturersSnapshot 2026-11-04
$3.31+5.08%
Close 2026-11-04 · 1-day change
NASDAQConsumer DiscretionaryAuto - ManufacturersSnapshot 2026-11-04
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Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Consumer Discretionary is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Improve cash flow from operating activities toward positive: Comparison needs review.
View ThesisRevenue growth is accelerating — up about 144% over the past year.
View GrowthManagement screens weak on capital allocation, earnings delivery, margins, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 80% in its worst 12-month stretch.
View RiskWorkhorse's modular data center push has to keep compounding to justify the price. Revenue growth stalled at 0% in the last quarter. The company also missed its earnings target by 51.2%. It trades at 1.2x sales versus a 0.8x peer median. The price reflects less growth than we forecast. Our model puts the next-quarter miss probability near 66%. The thesis comparison is not yet verified. Peer multiples imply a price about 52% below where it trades. The thesis is on watch. This read is provisional.
Trailing returns as of 2026-11-04. WKHS is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 2 analysts currently covering WKHS (as of Sep 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| WKHS Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 1 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Automobile Manufacturers — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put WKHS next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Enter and commercialize the modular AI data center market
Partnership advances the modular AI data center objective, though commercialization and execution remain unproven.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Enter mobile AI data center market with new containerized product line
Strategic pivot aligns with entering mobile AI data center market.
Threatens: Improve financial performance
Q1 loss indicates ongoing financial struggles.
Advances: Improve financial performance
Q4 performance improvement suggests potential recovery.
Advances: Resolve legal and regulatory issues
Dropping lawsuit may reduce regulatory burdens.