Workhorse Group, Inc. (WKHS) Fair Value 2026

WKHS · Motor Vehicles & Passenger Car Bodies ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

4.6 /10

32 fundamental signals · 9 models active

Value Trap Risk

LOW (29/100)

Quick Summary — As of 2026-07-15, Workhorse Group, Inc. (WKHS) trades at $2.61, approximately 5618% above CirclFi’s Bayesian DCF fair value of $0.05. QOC: 4.6/10. Value Trap Risk: 29/100 (LOW). 9/13 models active.

Key Facts

Ticker
WKHS
Price
$2.61
Quality Score
4.6/10
Value Trap Risk
29/100
Models Active
9/13
Last Updated
Strength: 9 independent models provide multi-angle coverage
Risk: Below-average Quality Score of 4.6/10 signals weak fundamentals

Is Workhorse Group, Inc. (WKHS) Undervalued or Overvalued in 2026?

According to CirclFi’s 9-model valuation engine, Workhorse Group, Inc. (WKHS) appears overvalued as of : the median of 9 independent fair value estimates is $0.46, 82.4% below the current price of $2.61. Estimates range from $0.05 to $3.48. WKHS scores 4.6/10 on fundamental quality and 29/100 on value-trap risk.

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Workhorse Group, Inc. Stock in 2026? →

Valuation Matrix

9 Intrinsic Value Models vs. Current Price ($2.61)

Core Models (Unlocked)
Model Fair Value Upside
Bayesian DCF
Low Conviction
 $0.05 -98.3%
CUCE Ensemble
Low Conviction
 $1.20 -54.1%
First Chicago
Medium Conviction
 $1.55 -40.6%
Dynamic NAV
High Conviction
 $0.06 -97.6%

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What Is Workhorse Group, Inc. (WKHS) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Workhorse Group, Inc.'s intrinsic value is estimated at $1.09, suggesting the stock is overvalued at its current price of $2.61. With 8 out of 9 models flagging downside (-58.4% average return), the market may be pricing in unsustainable growth. Model dispersion is worth noting: PWERM targets $3.48 (+33.5%), versus Bayesian DCF at $0.05 (-98.3%). This +131.7% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About WKHS?

9 of 13 models are currently active for WKHS. Of these, 1 model suggests upside while 8 models suggest overvaluation. The Bayesian DCF estimates WKHS's intrinsic value at $0.05, implying -98.3% downside from the current price. See which stocks rank higher →

How Does WKHS Rank in Motor Vehicles & Passenger Car Bodies?

Among 28 Motor Vehicles & Passenger Car Bodies stocks, WKHS ranks #18 by Quality of Company score. CirclFi's QOC score of 4.6/10 evaluates 32 fundamental signals. A score of 4.6 reflects mixed fundamentals.

As a transportation company, Workhorse Group, Inc. operates in a sector where inventory days supply is a critical driver of valuation. Investors evaluating WKHS should weigh these sector-specific dynamics alongside our model-derived fair values.

Is WKHS a Value Trap?

CirclFi's Value Trap algorithm assigns WKHS a score of 29/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

9 of 13 models are active for Workhorse Group, Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, Workhorse Group, Inc.'s fundamental quality profile registers 4.6/10. This mixed score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.

The gap between the most bullish and bearish model spans +131.7% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every WKHS valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across WKHS's 9 active models, average confidence is 24%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Workhorse Group, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Motor Vehicles & Passenger Car Bodies Stocks Should You Also Analyze?

8 related Motor Vehicles & Passenger Car Bodies stocks with 13-model coverage

RACEFerrari N.V.QOC 10.0FSSFederal Signal CorporationQOC 9.6FFord Motor CompanyQOC 9.6LILi Auto Inc.QOC 9.5PCARPACCAR Inc.QOC 9.4TSLATesla, Inc.QOC 8.7FLYEFly-E Group, Inc.QOC 8.4OSKOshkosh Corporation (Holding CoQOC 8.0

Read investment analysis: RACE · FSS · F · LI · PCAR

Frequently Asked Questions About Workhorse Group, Inc.

What is Workhorse Group, Inc.'s intrinsic value in 2026?

Based on CirclFi's 13-model analysis, Workhorse Group, Inc. (WKHS) has multiple fair value estimates. The Bayesian DCF model runs 10,000 Monte Carlo simulations with jump-diffusion to estimate intrinsic value at $0.05. The Quality of Company score is 4.6/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is WKHS overvalued or undervalued right now?

At $2.61, 1 of 9 active models suggest WKHS may be undervalued, while 8 indicate potential overvaluation. The median of all 9 fair value estimates is $0.46, 82.4% below the current price of $2.61 — a consensus view that WKHS is overvalued. The assessment depends on which methodology best fits Workhorse Group, Inc.'s business model in Motor Vehicles & Passenger Car Bodies.

What does a Quality of Company score of 4.6 mean for WKHS?

Workhorse Group, Inc.'s QOC of 4.6/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores below 5 flag potential fundamental weaknesses requiring careful analysis.

How many valuation models does CirclFi run on WKHS?

CirclFi analyzes WKHS with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 9 of 13 are active for this stock. Read the full methodology →

Is WKHS a value trap in 2026?

Workhorse Group, Inc.'s Value Trap score is 29/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

Cite this analysis — “According to CirclFi’s 9-model valuation engine, Workhorse Group, Inc. (WKHS) has a median fair value of $0.46 — 82.4% below the current price of $2.61 — as of 2026-07-15.” Source: circlfi.com/stock/WKHS/ · Methodology

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