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WKHS – Workhorse Group Inc

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Recommendation Rating

2.5

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 5.83

Low: 3

High: 11

Total Analysts: 7

Company Profile

Workhorse Group, Inc. is a technology company, which provides solutions to the commercial transportation sector. The Company designs and manufactures all-electric delivery trucks and drone systems, including the technology that optimizes the way these vehicles operate. It is an original equipment manufacturer, and its products are marketed under the Workhorse brand. All Workhorse last-mile delivery trucks are assembled in its Union City, Indiana production facility. Its products offering includes delivery vans, delivery drones and telematics. Its C-Series Vans are all-electric by design, with composite technology, and an approximately 100-mile range. Its delivery drones designed to be fully autonomous, as well as work in tandem with its all-electric delivery vans. This custom-built drone technology helps to deliver safety and efficiency to the doorstep. Its in-house, integrated system has information on approximately 8.5 million miles of tracking approximately 350 vehicles.

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