Workhorse Stock News

The EV sector continues to undergo a period of extreme difficulty. EV sales growth is slowing, adoption rates are not as high as they once were, and global demand has weakened severely.

The heavy selling pressure might have exhausted for Workhorse (WKHS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts

Workhorse (WKHS) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall

Workhorse (WKHS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Workhorse (WKHS) reports mixed fourth-quarter results and is currently implementing a reduction in force, impacting 20% of its total workforce, excluding direct labor positions.

Workhorse Group Inc. (WKHS) Q4 2023 Earnings Call Transcript

Shares of Workhorse (NASDAQ: WKHS ) stock are plunging lower by over 10% after the electric vehicle (EV) and drone manufacturer reported its fourth-quarter earnings, revealing a round of layoffs. “A

Workhorse Group (WKHS) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.24 per share a year ago.

CINCINNATI, March 01, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse ” or “the Company” ), an American technology company focused on pioneering the transition to zer

Demand for EVs remains robust based on delivery numbers by some of the leading firms in the sector.  Further, the expectation of rate cuts later this year promises to boost the sagging industry.

The electric vehicle (EV) market is still recovering from a highly volatile year. 2023 saw many of the sector's leaders battle severe headwinds as macroeconomic conditions pushed EV stocks down.

Workhorse's (WKHS) W56 electric vehicle secures CARB approval, unlocking incentives and accelerating California's journey toward a sustainable, zero-emission future in commercial transportation.

Workhorse (NASDAQ: WKHS ) stock is down more than 4% after the company announced the sale and issuance of up to $50 million of common stock to Lincoln Park Capital Fund. This offering will be made fro

2023 is almost over and electric vehicle (EV) producers are likely happy about it. After all, this year hasn't been the strongest for the sector.

Workhorse Group Inc. (WKHS) Q3 2023 Earnings Call Transcript