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Workhorse Group (0A3U) Share Price & Analysis

26 Followers

0A3U Stock Chart & Stats

$2.75-$0.38(-12.14%)
At close: 4:30 PM GMT
$2.5$3$3.5Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$2.75 - $3.20
52-Week Range
$2.31 - $12.96
Previous Close
$3.13
Volume
N/A
Average Volume (3M)
6,183
Market Cap
$33.00M
Enterprise Value
$99.14M
Total Cash (Recent Filing)
$9.63M
Total Debt (Recent Filing)
$27.88M
Price to Earnings (P/E)
―
Beta
0.25
Next Earnings
Mar 02, 2027 (Est.)
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Delivery And Production Ramp

Higher deliveries and a planned production ramp indicate improving commercial execution in Workhorse’s core fleet-vehicle business. Fulfilling the announced Purolator and Gateway orders could establish operating scale, strengthen customer credibility, and support more durable revenue growth.

Cost Synergy Program

A defined cost-synergy program provides a tangible route to reduce the combined company’s expense base after integration. If delivered, the targeted savings could improve operating leverage, extend available resources, and narrow losses as vehicle production volumes increase.

Expansion Into Modular AI Data Centers

The TerraPod partnership gives Workhorse a structured entry into a new modular AI infrastructure market while leveraging its Union City manufacturing capabilities. The reference-unit payment, potential supply agreement, and project pipeline create diversification and longer-term growth optionality.

Bears Say

Persistent Negative Margins And Losses

Gross losses exceeding revenue show that the vehicle business has not yet reached an economically sustainable production scale. Continued operating and net losses could consume resources needed for growth, leaving profitability dependent on successful volume increases and multi-quarter cost reductions.

Liquidity Dependence And Elevated Leverage

The low equity cushion and reliance on additional credit leave Workhorse financially exposed while cash generation remains negative. Elevated leverage can restrict strategic flexibility, increase dependence on lenders, and make continued operations reliant on executing production and delivery plans.

Execution Risk Across Growth Initiatives

Several important improvement drivers are still prospective rather than established: cost reductions require 12–18 months, the new chassis targets late-2027 production, and the AI data-center agreement is non-binding. Delays could postpone scale benefits and prolong cash burn.

Workhorse Group News

0A3U FAQ

What was Workhorse Group’s price range in the past 12 months?
Workhorse Group lowest share price was $2.31 and its highest was $12.96 in the past 12 months.
What is Workhorse Group’s market cap?
Workhorse Group’s market cap is $33.00M.
When is Workhorse Group’s upcoming earnings report date?
Workhorse Group’s next earnings report is estimated for Nov 12, 2026 (not yet confirmed), which is 2 days ago.
How were Workhorse Group’s earnings last quarter?
Workhorse Group released its earnings results on Aug 13, 2026. The company reported -$1.86 earnings per share for the quarter, missing the consensus estimate of -$0.949 by -$0.911.
Is Workhorse Group overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Workhorse Group pay dividends?
Workhorse Group does not currently pay dividends.
What is Workhorse Group’s EPS estimate?
Workhorse Group’s EPS estimate is -0.61.
How many shares outstanding does Workhorse Group have?
Workhorse Group has 10,928,585 shares outstanding.
What happened to Workhorse Group’s price movement after its last earnings report?
Workhorse Group reported an EPS of -$1.86 in its last earnings report, missing expectations of -$0.949. Following the earnings report the stock price went down -12.141%.
Which hedge fund is a major shareholder of Workhorse Group?
Hedge funds hold Workhorse Group shares: the largest hedge-fund position in Workhorse Group is 1,493,915,759 shares, and hedge funds decreased their holdings by 23.0 shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology