WORKHORSE GROUP INC (WKHS)
NASDAQConsumer DiscretionaryAuto - ManufacturersSnapshot 2026-11-04
NASDAQConsumer DiscretionaryAuto - ManufacturersSnapshot 2026-11-04
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.
The Company continues to expect to exit 2026 at a $20 million annualized cost synergy run rate.
Stated in 2 of 2 supplied quarters. Management reported: “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, with early savings already being realized through the elimination of duplicative administrative functions.”
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 52% for the rest of the cohort, n=5250).
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.”
“• Targeting $20 Million in Annualized Cost Synergies: The Company continues to expect to exit 2026 at a $20 million annualized cost synergy run rate, with early savings already being realized through…”
Workhorse and RHAELM have entered into a Manufacturing Spec Unit Purchase Agreement (the “Spec Unit Agreement”), under which RHAELM will pay Workhorse $10 million to build a full-scale TerraPod manuf…
Stated in 1 of 2 supplied quarters. Management reported: “Workhorse and RHAELM have entered into a Manufacturing Spec Unit Purchase Agreement (the “Spec Unit Agreement”), under which RHAELM will pay Workhorse $10 million to build a full-scale TerraPod manufacturing spec unit at Workhorse's Union City, Indiana facility.” “The Letter of Intent also expresses the companies’ intention that once the Supply Agreement is signed and RHAELM accepts the co-developed platform, RHAELM would place an initial order for production of 150 TerraPod systems, subject to definitive documentation and required internal approvals.”
“In July, Workhorse announced its intent to manufacture a turnkey, compute-ready, mobile AI data center designed for the localized infrastructure needs of distributed AI deployments.”
• Bill of Materials Cost Reduction Advancing: Engineering and design work on the Company's modular chassis program is progressing on schedule.
Stated in 2 of 2 supplied quarters. Management reported: “• Bill of Materials Cost Reduction Advancing: Engineering and design work on the Company's modular chassis program is progressing on schedule.” “The modular chassis is the first step in a broader strategy to commonize hardware and software across all product lines, with production for the new chassis platform expected to begin in late 2027.”
“• Bill of Materials Cost Reduction Advancing: Engineering and design work on the Company's modular chassis program is progressing on schedule.”
“Toward that end, Workhorse has developed a plan for a new, proprietary “modular” chassis design that will be produced exclusively at its Union City manufacturing plant.”
Use product pricing, enterprise sales, and customer relationships to expand commercial vehicle demand, backlog, and deliveries.
Continue merger integration and cost reduction efforts to achieve $20 million annualized cost synergy run rate by year-end 2026.
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 US dollar, the broad stock market, long-term interest rates, Fed net liquidity, real (inflation-adjusted) rates (low R² over the window).
49 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Consumer Discretionary names rated volatile grew net income 55% of the time over the next year (vs 53% for the rest of the cohort, n=4931).
Not investment advice. As of 2026-11-04.