Stock analysis, trade plans, and proprietary indicators by Trend Edge.
Trend Edge Setup Score
Trend Edge rates WKHS Bearish with a Setup Score of 55, net conviction 49, actionability 62. How the Setup Score works →
Total Setup Score
55
Directional Bias
Bearish
Net Conviction
49
Actionability
62 (in range)
Key signals behind this score
40wk Downtrend — falling+below (sma 3.94 vs px 3.12)
Fresh Breakdown — 10wk turn 7w
80wk Downtrend — falling+below (sma 11.93 vs px 3.12)
200wk Downtrend — falling+below (sma 1189 vs px 3.12)
Short Attack — velZ +1.21 · age 39w×0.86 · 26.46%
Seasonal Headwind — october med -10% (mag 3/3) · posClose 18.75% (rel 3/3) · n16 ×0.75 = 11.3
About Workhorse Group Inc
Workhorse Group, Inc. design and manufacture electric delivery trucks and drone systems solutions. The company provides step vans and stripped chassis; stripped chassis; shuttle bus, school bus, box truck, and work truck; workhorse connect, a remote data management system; telematics and charging infrastructure solutions; after-sales vehicle services; body shop and parts; and assembly services. Read full Trend Edge analysis →
Sector: Consumer Cyclical
Industry: Auto Manufacturers
Exchange: NASDAQ
IPO Date: August 7, 2014
Headquarters: 48443 Alpha Drive #190, Wixom, MI, United States, 48393
Founder-Led: Yes — Stephen Burns (Co-Founder & Consultant)
Key Metrics
Current Price
$3.12
Market Cap
$34.4M
Float
4.3M
Shares Outstanding
10.9M
Price/Sales (TTM)
1.27
vs. Analyst Target
-3.8% to analyst PT
Profit Margin
-289.04%
Operating Margin (TTM)
-545.20%
Revenue (TTM)
$27.2M
Earnings Growth (YoY)
19043.50%
Dividend Rate
None
Analyst Target Price
$3.00 (1 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$1.4M
$69.8M
-$11.7M
-$40.2M
2021
-$851,922
-$401M
-$127M
-$176M
2022
$5.0M
-$117M
-$32.6M
-$115M
2023
$13.1M
-$124M
-$25.3M
-$100M
2024
$6.6M
-$102M
-$22.2M
-$71.8M
2025
$21.2M
-$64.1M
-$9.6M
-$45.4M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Sep 2025
$2.4M
-$7.8M
Dec 2025
$12.5M
-$20.8M
Mar 2026
$4.3M
-$19.9M
Jun 2026
$3.6M
-$20.2M
Ownership & Float
Insider Ownership
71.2%
Institutional Ownership
9.4%
Short Float
21.5%
% of All Funds Holding
0.74%
Number of Funds Holding
65
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$2.94
Near-term / short-term trend
Weekly
40-Week SMA
$3.94
Medium-term trend
Weekly
80-Week SMA
$11.93
Cyclical trend (business cycle)
Weekly
200-Week SMA
$1188.70
Secular trend (multi-year)
Monthly
10-Month SMA
$4.30
Near-term monthly trend
Monthly
20-Month SMA
$15.28
Medium-term monthly trend
Monthly
40-Month SMA
$527.44
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$10.30
resistance
2.01x
7 months ago
$21.90
resistance
2.24x
15 months ago
$64.00
resistance
2.17x
16 months ago
$106.00
resistance
1.46x
18 months ago
$163.00
resistance
1.45x
19 months ago
Historical Earnings Reactions (64 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
-0.12%
0.00%
45.31%
25.00%
-50.00%
1 Day
2.13%
-0.05%
40.63%
214.35%
-29.41%
1 Week
-0.75%
-1.28%
42.19%
132.50%
-40.53%
2 Weeks
-1.17%
-4.17%
34.92%
88.61%
-34.65%
1 Month
3.38%
-6.25%
39.68%
238.08%
-62.55%
Next earnings: November 1, 2026 (67 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
-1.0%
37.5%
16
Feb
-2.7%
43.8%
16
Mar
-8.9%
25.0%
16
Apr
-2.3%
43.8%
16
May
9.4%
50.0%
16
Jun
39.2%
43.8%
16
Jul
5.5%
35.3%
17
Aug
-1.6%
43.8%
16
Sep
0.3%
37.5%
16
Oct
-11.9%
18.8%
16
Nov
3.6%
43.8%
16
Dec
0.5%
31.3%
16
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.03%
39.3%
764
Tuesday
0.43%
38.3%
839
Wednesday
0.07%
37.7%
836
Thursday
-0.44%
38.6%
822
Friday
0.71%
40.9%
819
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 9.4%
Insider Transactions — Smart Summary
Total insider ownership: 71.2%
Founder-led management: Stephen Burns (Co-Founder & Consultant)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Workhorse Group Inc
(WKHS) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.