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
QuarterlyIQ Insights · WKHS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 60.0% |
| Our one-year growth estimate | diamond | 91.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 31.2 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name has erratic recent earnings surprises and is a smaller-cap name (higher miss base rate). A fundamental tilt, not a price call.
Model as of 2026-11-04 · Compared with 5 industry peers
WKHS — credit agreement
Dated 2026-11-02
Entry into a Material Definitive Agreement. Amendment No. 4 to Credit Agreement (Cash Flow) and Amendment No. 3 to Credit Agreement (Customer Orders) As previously disclosed, on December 15, 2025, Workhorse Group Inc. (“Workhorse” or the “Company”) entered into (i) that certain Credit Agreement (Customer Orders) (the “Customer Order Credit Agreement”) and (ii) that certain Credit Agreement (Cash Flow) (the “Cash Flow Credit Agreement” and together with the Customer Order Credit Agreement, the…
Why it matters: A signed deal would move TerraPod beyond its paid test unit. The proposed 150-unit order still needs final terms and approvals.
Supportive ifWorkhorse and RHAELM sign a supply agreement by December 31, 2026, with terms for the first 150 units.
Worry ifNo signed supply deal by December 31, 2026, or the deal leaves out the 150-unit first order.
Why it matters: The paid unit is the first contracted TerraPod work. Payment and delivery would show that the project is moving ahead.
Supportive ifWorkhorse says it received the agreed $10 million in payments. It also finished the full-scale TerraPod spec unit.
Worry ifA payment is missed, or Workhorse reports that it cannot complete the spec unit as agreed.
Why it matters: Workhorse reported about $7.5 million in gross loss in both Q1 and Q2. A smaller loss would show that cost cuts and higher output are helping.
Supportive ifThe company reports a quarterly gross loss below $7.5 million. Management cites lower build costs or higher plant output.
Worry ifQuarterly gross loss stays at or above $7.5 million, or management reports that build costs rose.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$183 on $10,000 · ±1.8% | How much price usually moves either way. |
| Bad day | $877 loss on $10,000 · 8.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $8,038 loss on $10,000 · 80.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.