Workhorse Group Inc., a technology company, designs, manufactures, builds, and sells battery-electric vehicles and aircraft in the United States. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. It offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.
IPO Year:
Exchange: NASDAQ
Website: workhorse.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/9/2022 | $7.00 → $3.50 | Buy → Neutral | ROTH Capital |
3/3/2022 | $4.00 → $6.00 | Hold → Buy | R. F. Lafferty |
3/2/2022 | $7.00 | Neutral → Buy | ROTH Capital |
2/2/2022 | $4.00 | Hold | R. F. Lafferty |
8/11/2021 | $10.00 | Neutral | DA Davidson |
CINCINNATI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2024. Management Commentary "We continue to make steady progress on several fronts here at Workhorse," said Company CEO Rick Dauch. "Securing a three-year Master Framework Agreement with FedEx is an extremely important and commercially validating milestone for us as an emerging commercial EV company. We have already built and shipped the first 15 trucks under this agreement and believe we will
CINCINNATI, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that it will hold its third quarter 2024 earnings conference call on Tuesday, November 19, 2024 at 6:00 p.m. Eastern time (3:00 p.m. Pacific time). The Company expects to issue its financial results in a press release after the market closes that afternoon, prior to the call. Updated Earnings Call Information Workhorse management will host a presentation. Date: Tuesday, November 19, 2024Time: 6:00 p.m. Eastern time (3:00 p.m. Pacific time)U.S. dial-in: 87
CINCINNATI, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that it has rescheduled its third quarter 2024 earnings conference call to Tuesday, November 19, 2024 at 10:00 a.m. Eastern time (7:00 a.m. Pacific time). Financial results will be issued in a press release prior to the call. "We look forward to providing an update on the important momentum across Workhorse on November 19," Workhorse CEO Rick Dauch said. "We're encouraged by the delivery of 20 trucks during the third quarter, including the initial FedEx ord
CINCINNATI, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, will hold a conference call on Thursday, November 14th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024 as well as the Company's plans and outlook. Financial results will be issued in a press release prior to the call. Workhorse management will host a presentation, followed by a question-and-answer period. Date: Thursday, November 14, 2024Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific
CINCINNATI, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ:WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the second quarter ended June 30, 2024. Management Commentary "During the second quarter, we continued to advance our EV product roadmap and worked diligently to gain momentum with prospective customers," said Workhorse CEO Rick Dauch. "We successfully executed field demonstrations with multiple national fleets, secured new dealer partnerships, and generated local and state governmental interest through our recently awarded Sourcewell c
CINCINNATI, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles today announced that it has rescheduled its earnings call, which will now be held on Tuesday, August 20th at 11:00 a.m. Eastern time (8:00 a.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2024 as well as the Company's plans and outlook. Financial results will be issued in a press release prior to the call on August 20, 2024. "We continued to make important progress on our EV product roadmap during the second quarter," said Workh
CINCINNATI, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, will hold a conference call on Wednesday, August 14th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2024 as well as the Company's plans and outlook. Financial results will be issued in a press release prior to the call. Workhorse management will host a presentation, followed by a question-and-answer period. Date: Wednesday, August 14, 2024Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time)U.S.
CINCINNATI, July 18, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced McAbee Trucking, Inc., a pioneer in the operation of alternative fuel trucks on Star Carrier Mail Contractor Routes, has taken a step forward in sustainable transportation by acquiring a new all-electric W4 CC box truck from Workhorse. This purchase marks McAbee Trucking's first addition of an electric vehicle to their fleet, following a successful demonstration period that showcased the capabilities and benefits of Workhorse's W4 CC. The decision to acquire
CINCINNATI, May 20, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ:WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the first quarter ended March 31, 2024. Management Commentary "During the first quarter, we took important strategic and financial actions to better position Workhorse for the future while continuing to hit major milestones," said Workhorse CEO Rick Dauch. "Our successful W56 demonstrations with dealers and fleet operators continue to affirm the strong market potential of our commercial EV trucks. This April, we celebrated a major milest
CINCINNATI, March 12, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ:WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the fourth quarter and full year ended December 31, 2023. Management Commentary "Over the past year, we have advanced our product roadmap and navigated challenges that slowed, but never stopped, our progress," said Workhorse CEO Rick Dauch. "Among the highlights of the year, we rolled out our first W56 step van, secured our first W56 fleet customers, and increased our production capabilities for our W4 CC and W750 vehicles. We also exp
Progress Manufacturing Company (PMC) has become a Workhorse dealer, expanding the availability of electric commercial vehicles to specialized fleets. The partnership enables integration of equipment from EnviroCharge for specialized applications. PMC has signed a purchase order for Workhorse's W56 and W4 CC vehicles which will become demo models. CINCINNATI, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that Progress Manufacturing Company LLC (PMC) has joined its growing dealer network. PMC is a second-stage man
Progressive Manufacturing Company (PMC) has become a Workhorse dealer, expanding the availability of electric commercial vehicles to specialized fleets. The partnership enables integration of equipment from EnviroCharge for specialized applications. PMC has signed a purchase order for Workhorse's W56 and W4 CC vehicles which will become demo models. CINCINNATI, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that Progressive Manufacturing Company LLC (PMC) has joined its growing dealer network. PMC is a seco
CINCINNATI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the delivery of its W56 electric step van to NorthStar Courier, a FedEx Ground Contract Service Provider based in Minneapolis, Minnesota. The sale was facilitated by Workhorse Certified Dealer, Ziegler Truck Group. This milestone marks the first deployment of the Workhorse W56 by a FedEx Ground Service Provider outside of California. NorthStar Courier's W56 is currently in service, efficiently handling parcel pickup and delivery routes throughout Minneapoli
CINCINNATI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2024. Management Commentary "We continue to make steady progress on several fronts here at Workhorse," said Company CEO Rick Dauch. "Securing a three-year Master Framework Agreement with FedEx is an extremely important and commercially validating milestone for us as an emerging commercial EV company. We have already built and shipped the first 15 trucks under this agreement and believe we will
CINCINNATI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that it has been added to the GSA Schedule by being awarded a General Services Administration (GSA) Government Fleet Contract through its dealer, Colonial Fleet Electrification. This milestone allows federal government agencies to streamline procurement of Workhorse's American-made electric commercial vehicles in the W56 platform, enhancing their access to reliable, efficient, transportation solutions from American companies. The GSA contract, GS-30F-RA00
CINCINNATI, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that it will hold its third quarter 2024 earnings conference call on Tuesday, November 19, 2024 at 6:00 p.m. Eastern time (3:00 p.m. Pacific time). The Company expects to issue its financial results in a press release after the market closes that afternoon, prior to the call. Updated Earnings Call Information Workhorse management will host a presentation. Date: Tuesday, November 19, 2024Time: 6:00 p.m. Eastern time (3:00 p.m. Pacific time)U.S. dial-in: 87
CINCINNATI, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that it has rescheduled its third quarter 2024 earnings conference call to Tuesday, November 19, 2024 at 10:00 a.m. Eastern time (7:00 a.m. Pacific time). Financial results will be issued in a press release prior to the call. "We look forward to providing an update on the important momentum across Workhorse on November 19," Workhorse CEO Rick Dauch said. "We're encouraged by the delivery of 20 trucks during the third quarter, including the initial FedEx ord
New Purchase Orders for W56: Recent orders for seven W56 electric step vans for immediate delivery upon completion of upfit. Growing Fleet Interest and Demos: Following the FedEx Forward event, Workhorse is experiencing increased parcel delivery fleet interest, with multiple demos planned in California and additional units now in the quoting process. CINCINNATI, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced it has secured purchase orders from three parcel delivery independent service providers for its W56 step va
CINCINNATI, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, will hold a conference call on Thursday, November 14th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024 as well as the Company's plans and outlook. Financial results will be issued in a press release prior to the call. Workhorse management will host a presentation, followed by a question-and-answer period. Date: Thursday, November 14, 2024Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific
The W56 208-inch extended wheelbase model has completed the certification process for FMVSS and received HVIP certification for safety and environmental compliance. Full production of the W56 is underway at Workhorse's Union City, Indiana facility, with deliveries expected in Q4 2024. With over 100 enhancements to the original step van model, the extended wheelbase W56 is an ideal solution for last-mile delivery, including parcels and laundry services. CINCINNATI, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced th
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ROTH Capital downgraded Workhorse Group from Buy to Neutral and set a new price target of $3.50 from $7.00 previously
R. F. Lafferty upgraded Workhorse Group from Hold to Buy and set a new price target of $6.00 from $4.00 previously
ROTH Capital upgraded Workhorse Group from Neutral to Buy and set a new price target of $7.00
R. F. Lafferty resumed coverage of Workhorse Group with a rating of Hold and set a new price target of $4.00
DA Davidson initiated coverage of Workhorse Group with a rating of Neutral and set a new price target of $10.00
Cowen & Co. downgraded Workhorse Group from Outperform to Market Perform and set a new price target of $13.00
B. Riley Securities initiated coverage of Workhorse Group with a rating of Buy and set a new price target of $20.00
Colliers Securities resumed coverage of Workhorse Group with a rating of Hold
Roth Capital reiterated coverage of Workhorse Group with a rating of Neutral and set a new price target of $15.00 from $19.00 previously
Roth Capital resumed coverage of Workhorse Group with a rating of Neutral
Board of Directors Approves Share Consolidation on an 8-for-1 Ratio Board of Directors Announces Jacqueline Dedo as Li-Cycle's Independent Board Chair Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced updates from the Company's Annual General and Special Meeting of Shareholders held on May 23, 2024 (the "AGM"). Voting results of items of business at the AGM included the election of each of the Li-Cycle director nominees; the approval of the share consolidation resolution, described further below; the approval of the compensation of the Company's named executive officers on an advisory basi
VANCOUVER, BC, March 27, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced the appointment of Ms. Jacqueline (Jacqui) Dedo to the Ballard Board of Directors. Ms. Dedo brings relevant experience to the Board with her background in the transportation industry, including electrified propulsion in heavy-duty mobility, while also bringing complementary competencies related to strategy, innovation, technology, and corporate governance. "We strive to have a Board that is comprised of highly qualified directors with diverse and complementary background
CINCINNATI, May 02, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, announced the results of its annual stockholders' meeting held earlier today. The Company's stockholders have re-elected the following persons to the Company's Board of Directors for the ensuing year: Raymond Chess, Richard Dauch, Jacqueline Dedo, Pamela Mader, Scott Miller and Bill Quigley. Stockholders also elected Jean Botti and Brandon Declet for their first term on the Board. The Directors have been elected to serve a term expiring at the 2024 annual meeting of stoc
Seasoned global executive brings more than 40 years of experience and deep automotive industry expertise Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that Jacqueline ("Jacqui") Dedo, has been appointed to serve as an independent director on the Company's Board of Directors (the "Board"), effective immediately. The Board is now comprised of nine directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220808005229/en/Jacqueline Dedo (Photo: Business Wire) "We're thrilled
CINCINNATI, May 03, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, announced the results of its annual stockholders' meeting held earlier today. The Company's stockholders have re-elected the following persons to the Company's Board of Directors for the ensuing year: Raymond Chess, Richard Dauch, Benjamin Samuels, Gerald Budde, Harry DeMott, Jacqueline Dedo, Pamela Mader, Michael Clark and Bill Quigley. Shareholders also elected Scott Miller to the Board of Directors. With this addition, Workho
CINCINNATI, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective electric vehicles to the last mile delivery sector, has appointed senior automotive and finance veteran William ("Bill") Quigley to its board of directors, effective February 23, 2022. Quigley has also been named a member of the Company's audit committee. With this addition, Workhorse's board composition has increased to nine total directors, eight of whom are independent. Quigley brings more than three decades of financial and operating experience in the automotive and manufacturing industries
CINCINNATI, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, today announced the appointment of Robert "Bob" Ginnan as Chief Financial Officer ("CFO"), effective January 4, 2022. Ginnan succeeds Greg Ackerson who had been serving as the Company's Interim CFO since September. Ackerson will help with Ginnan's transition before reassuming his role as Workhorse's Corporate Controller and Principal Accounting Officer. Ginnan comes to Workhorse with 20 plus years of senior finance and leadersh
CINCINNATI, Dec. 28, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, today announced the results of its annual stockholders' meeting held earlier today. The Company's stockholders have re-elected the following persons to the Company's Board of Directors for the ensuing year: Raymond Chess, Richard Dauch, Benjamin Samuels, Gerald Budde, Harry DeMott, Jacqueline Dedo, Pamela Mader and Michael Clark. The Directors have been elected to serve a term expiring at the 2022 annual meeting of stockholders
CINCINNATI, April 26, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, announced today that it has appointed Ryan Gaul to the newly created position of "President – Commercial Vehicles," effective April 22, 2021. The President – Commercial Vehicles role will be responsible for managing Workhorse's commercial vehicles division, including its manufacturing facility in Union City. Gaul will report directly to Company CEO, Duane Hughes. Gaul brings nearly two decades of automotive experience in senio
CINCINNATI, April 21, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, announced today that it has appointed John Graber to the newly created tile of "President – Aerospace," effective April 20, 2021. Prior to his appointment, Graber had been leading the development of the Company's HorseFly™ last-mile drone delivery program since March 2020. The President – Aerospace role will oversee Workhorse's Unmanned Aerial Systems businesses and will report directly to the Company CEO. Graber brings decade
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8-K - Workhorse Group Inc. (0001425287) (Filer)
8-K - Workhorse Group Inc. (0001425287) (Filer)
NT 10-Q - Workhorse Group Inc. (0001425287) (Filer)