WKHS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Workhorse's strategic partnerships and potential growth in the EV market could boost their financial stability, enabling them to capitalize on increasing demand.




Bearish Case: Continued financial instability, high operating costs, and low historical returns suggest persistent struggles, risking further declines if no new contracts materialize.




Potential Outcomes:

1) New partnerships boost growth (25%).

2) Financial struggles persist (60%).

3) Technological breakthroughs stabilize operations (15%).




Trading Oracle: Given the high implied volatility and mean reversion, employ short-term bearish credit spreads. Opt for put credit spreads between 30-60 days out to capitalize on price stabilization and elevated volatility. This strategy offers a high reward-to-risk ratio and hedges against potential upside surprises.



February 06, 2025


Workhorse Forecast

WKHS        Workhorse
















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