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Bullish Case: EV sector growth and strategic partnerships could drive Workhorse's rebound if they leverage market trends effectively.


Bearish Case: Ongoing financial distress and historically poor performance may continue to plague Workhorse, signaling further decline.


Potential Outcomes:

1) New strategic partnership, 20% chance.

2) Continued financial struggles, 60% chance.

3) Sector growth with negligible impact on WKHS, 20% chance.


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April 12, 2024


Workhorse Forecast

WKHS        Workhorse
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











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