Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
WORKHORSE GROUP INC (WKHS)
NASDAQConsumer DiscretionaryAuto - ManufacturersSnapshot 2026-11-04
$3.13-5.44%
Close 2026-11-05 · 1-day change
NASDAQConsumer DiscretionaryAuto - ManufacturersSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
Matching fiscal periods, usable estimates and at least one analyst are required.
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
The calculation requires same-period, same-provider snapshots, positive EPS, at least one analyst and a baseline within three days of the requested lookback.
The EPS and P/E reference is not available for WKHS yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Improve cash flow from operating activities toward positive | The company plans to improve cash flow and fix legal issues. | Broken | Cash flow remains negative or worsens over next 4 quarters | Cash from operations: $-24.076M FY2026-Q2; GAAP. Published target: Cash flow from operations improves from -$16.52M in 2026-Q1. Target period is not explicitly aligned with this observation. Aug 13, 2026-24,076,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 12, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a speculative turnaround thesis, with volatile management and weak recent performance. The multi-year view is still in a watch state: recent momentum improved, but the business has not shown clear financial progress yet.
WKHS is expensive versus peers, and the valuation reflects a durable premium. The expectations gap is negative, while the evidence does not show broad market fragility beyond that expensive valuation.
Near-term execution risk is elevated, including a stated risk of missing next-quarter earnings. Revenue fell from $4.329 million in 2026-Q1 to $3.562 million in 2026-Q2, and gross losses stayed near $7.5 million in both quarters. The October 29 data-center agreement is a concrete initial step, but its wider supply framework remains prospective and the cost-synergy target has not yet been reported as achieved.
The multi-year thesis depends on WKHS turning its cost-synergy, vehicle-cost, and modular-chassis goals into measurable financial improvement. The next call matters because a guidance cut would add to execution concerns. Sector momentum is another swing factor: continued strength from TSLA, GM, and F could support the backdrop, while weaker results or guidance could remove that support.
Over the next 1 to 3 years, the central question is whether recent strategic steps lead to better revenue and gross-loss performance, rather than remaining plans and early milestones. The thesis remains fragile because results are weak and execution risk is high, despite recent improvement in company momentum. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Resolve legal and regulatory issues to reduce risks |
| The company plans to improve cash flow and fix legal issues. |
| Intact |
| New major legal or regulatory issues arise |
Qualitative condition This condition has no defined numerical measure. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Grow revenue to at least $34 million in 2026 | Workhorse aims to grow revenue to $34 million in 2026. | Intact | Revenue falls below $34 million in FY26 | Revenue: $3.562M FY2026-Q2; GAAP. Published target: >= $34 million. Annual target cannot be compared with a quarterly or TTM observation. Aug 13, 20263,562,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$-1.96 → $-1.96 · observed estimates
$0.06B → $0.06B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-07-25 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-07-26 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-07-27 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-07-28 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-07-29 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-07-30 | $-1.96 | $57,570,000 | 1 / 1 |
| 2026-07-31 | $-1.96 | $57,570,000 | 1 / 1 |
| 2026-08-01 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-02 | $-1.96 | $57,570,000 | 1 / 1 |
| 2026-08-03 | $-1.96 | $57,570,000 | 1 / 1 |
| 2026-08-04 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-05 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-06 | $-1.96 | $57,570,000 | 1 / 1 |
| 2026-08-08 | $-1.96 | $57,570,000 | 1 / 1 |
| 2026-08-09 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-10 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-12 | $-1.96 | $57,570,000 | 1 / 1 |
| 2026-08-13 | $-1.96 | $57,570,000 | 1 / 1 |
| 2026-08-14 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-15 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-16 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-17 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-18 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-19 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-20 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-21 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-22 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-23 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-24 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-25 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-26 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-27 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-28 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-29 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-30 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-08-31 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-01 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-02 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-03 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-04 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-05 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-06 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-07 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-08 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-09 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-10 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-11 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-12 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-13 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-14 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-15 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-16 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-17 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-18 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-19 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-20 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-21 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-22 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-23 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-24 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-25 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-26 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-27 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-28 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-29 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-09-30 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-01 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-02 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-03 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-04 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-05 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-06 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-07 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-08 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-09 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-10 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-11 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-12 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-13 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-14 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-15 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-16 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-17 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-18 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-19 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-20 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-21 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-22 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-23 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-24 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-25 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-26 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-27 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-28 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-29 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-30 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-10-31 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-11-01 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-11-02 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-11-03 | $-1.96 | $57,565,100 | 1 / 1 |
| 2026-11-04 | $-1.96 | $57,565,100 | 1 / 1 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 0 Buy / Strong Buy · 2 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.