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
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 | 50.2% |
| Our one-year growth estimate | diamond | 76.2% |
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 2026-09-04.
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 26.0 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 2026-09-04 · Compared with 12 industry peers · Company calendar date is not available
WKHS — earnings miss
Dated 2026-08-13
Results of Operations and Financial Condition. On August 13, 2026, Workhorse Group Inc. (the “Company”) issued a press release regarding its financial results for the quarter ended June 30, 2026. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information contained in this
Why it matters: More vehicle deliveries show strong demand. They also show good sales strategies.
Supportive ifIn Q3, vehicle deliveries are over 26 units. This is more than Q2 2026.
Worry ifQ3 vehicle deliveries are less than 26 units.
Why it matters: This report will show if revenue growth continues or worsens after Q1's decline.
Worry ifQ2 2026 revenue is below $4.3 million. This shows ongoing financial struggles.
Less concerning ifQ2 2026 revenue is above $4.3 million. This suggests sales are recovering.
Why it matters: Hitting this target is key for better margins. It can help reduce losses and build investor confidence.
Supportive ifManagement says they will save $20 million each year by the end of 2026.
Worry ifCost savings are below $20 million. This shows challenges in integration.
Why it matters: Changes in leadership can affect company plans and investor trust.
Worry ifNew CFO is appointed with a strong track record in the industry.
Less concerning ifNo new CFO is named. This causes uncertainty in financial management.
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 | ±$327 on $10,000 · ±3.3% | How much price usually moves either way. |
| Bad day | $867 loss on $10,000 · 8.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $8,452 loss on $10,000 · 84.5% | 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.
Why it matters: Starting production in mobile AI data centers could bring in new money. It would help reduce dependence on vehicle sales.
Supportive ifWorkhorse announces the start of production for mobile AI data centers in 2027.
Worry ifIf there is no news on production by the end of 2026, it shows delays.
Why it matters: Changes in leadership can impact financial plans and investor trust.
Worry ifThe new CFO shares a clear financial plan that comforts investors.
Less concerning ifThere is no clear financial plan after the leadership change.
Why it matters: This order is a key test of Workhorse's ability to deliver on new contracts and grow its backlog.
Supportive ifThey will deliver the 100-vehicle order by the end of July 2026.
Worry ifThere were delays or cancellations in the Gateway Fleets order.
Why it matters: This new product line could open a significant revenue stream for Workhorse.
Supportive ifInitial production of mobile AI data centers will start in 2027. Deliveries will follow.
Worry ifThere is a delay in production. The mobile AI data center project may be canceled.
Why it matters: This would show that Workhorse is gaining traction in sales after a flat first half.
Supportive ifQ3 revenue was over $8 million. This is up from $7.9 million in H1 2026.
Worry ifQ3 revenue was below $7.9 million. This shows no growth.
Why it matters: This is crucial for expanding Workhorse's product line and market reach.
Supportive ifThe modular chassis design is finished early. This is a positive update.
Worry ifThere are delays in the modular chassis design. No updates on progress are available.
Why it matters: A growing backlog indicates strong demand and could lead to higher future revenue.
Supportive ifThe backlog of vehicle orders is over 300 units. This is an increase from over 200.
Worry ifThe backlog of vehicle orders is decreasing or staying the same.