WORKHORSE GROUP INC (WKHS)
NASDAQConsumer DiscretionaryAuto - ManufacturersSnapshot 2026-09-04
$3.09-1.59%
Close 2026-09-04 · 1-day change
NASDAQConsumer DiscretionaryAuto - ManufacturersSnapshot 2026-09-04
QuarterlyIQ Insights · WKHS
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue merger integration and cost reduction efforts to achieve $20 million annualized cost synergy run rate by year-end 2026.
Stated as a priority in 3 of last 3 quarters. Management consistently expects to exit 2026 at a $20 million annualized cost synergy run rate. While the company reported operating losses of $19.4 million in 2026-Q2 and $21.1 million in 2026-Q1, the cost synergy target remains a key focus. The trajectory shows persistent emphasis on achieving these synergies, though financial losses continue in the near term.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated weak grew net income 56% of the time over the next year (vs 53% for the rest of the cohort, n=5213).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“The Company continues to expect to exit 2026 at a $20 million annualized cost synergy run rate.”
“The Company continues to expect to exit 2026 at a $20 million annualized cost synergy run rate.”
“Targeting $20 Million in Annualized Cost Synergies: The Company continues to expect to exit 2026 at a $20 million annualized cost synergy run rate.”
Drive revenue growth to reach $34 million pro forma combined revenue for full year 2025 following merger with Motiv.
Stated in 2 of last 2 quarters. The company reported pro forma combined revenue of $8.2 million in first half of 2025 and $7.9 million in first half of 2026, indicating flat revenue year-over-year. The full year 2025 pro forma revenue target of $34 million was stated but actual combined revenue growth is mixed, showing limited progress toward sustained growth.
“On a pro forma basis, combined company revenue of $34.0 million for full year 2025.”
“On a pro forma basis, combined company revenue of $34.0 million for full year 2025.”
Advance engineering and production plans for new modular chassis and Class 5/6 cab chassis products to expand product portfolio.
Stated in 2 of last 2 quarters. Management reports engineering and design work on modular chassis progressing on schedule with production expected in late 2027. This priority is recurring with ongoing development but no revenue or production milestones yet reported, indicating steady progress but early stage.
“Engineering and design work on the modular chassis program is progressing on schedule.”
“Workhorse has developed a plan for a new, proprietary modular chassis design and Class 5/6 cab chassis, with production planned for late 2027 and early 2027 respectively.”
Grow commercial electric vehicle sales and backlog through new orders and promotional pricing to increase market share.
Stated in 2 of last 2 quarters. Vehicle deliveries increased from 5 in 2025-Q1 to 21 in 2026-Q1 and from 4 in 2025-Q2 to 26 in 2026-Q2, reflecting growth in commercial vehicle sales. Management reports a backlog of over 200 vehicles and a sales pipeline more than doubled since early 2026, indicating delivery growth and expanding backlog consistent with stated priorities.
“We have a growing backlog of firm orders and our sales pipeline has more than doubled since the start of 2026.”
“Announced 100-vehicle W56 purchase order from Gateway Fleets and 100-vehicle order from Purolator, driving total contracted backlog of 200+ vehicles.”
Leverage engineering and manufacturing capabilities to develop and launch a turnkey containerized mobile AI data center product line by 2027.
Newly stated in 2026-Q3 (July 2026). Management announced entry into the mobile AI data center market with a new containerized product line targeting 2027 production start. This is a new strategic growth initiative with no financial results yet reported, representing early-stage development.
Over the trailing year it converted 0.61x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
51 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Consumer Discretionary names rated volatile grew net income 59% of the time over the next year (vs 48% for the rest of the cohort, n=1937).
Not investment advice. As of 2026-09-04.