Worksport Ltd. (WKSP)

NASDAQ: WKSP · Real-Time Price · USD
2.895
-0.110 (-3.66%)
May 7, 2025, 4:00 PM EDT - Market closed
-3.66%
Market Cap 14.15M
Revenue (ttm) 8.48M
Net Income (ttm) -16.16M
Shares Out 4.89M
EPS (ttm) -5.84
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 95,836
Open 2.930
Previous Close 3.005
Day's Range 2.850 - 2.970
52-Week Range 2.440 - 12.000
Beta 2.00
Analysts Strong Buy
Price Target 15.75 (+444.04%)
Earnings Date May 19, 2025

About WKSP

Worksport Ltd., together with its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. It serves its products to automotive accessories, consumer electronics, and res... [Read more]

Industry Auto Parts
Founded 2003
Employees 81
Stock Exchange NASDAQ
Ticker Symbol WKSP
Full Company Profile

Financial Performance

In 2024, Worksport's revenue was $8.48 million, an increase of 454.67% compared to the previous year's $1.53 million. Losses were -$16.16 million, 8.27% more than in 2023.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for WKSP stock is "Strong Buy." The 12-month stock price forecast is $15.75, which is an increase of 444.04% from the latest price.

Price Target
$15.75
(444.04% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Worksport Ltd. Announces Participation in the D.

West Seneca, New York--(Newsfile Corp. - May 1, 2025) -  Worksport Ltd. (NASDAQ: WKSP), today announced its participation in the D.

6 days ago - Newsfile Corp

Worksport Forms Strategic Partnership with Patriot Automotive Technologies to Accelerate Nationwide Expansion and Drive Millions in Annual Recurring Revenue

Patriot's 200+ U.S. Dealer Network Expected to Sell Worksport-Made Products, Marking a Major Growth Milestone. West Seneca, New York--(Newsfile Corp. - April 29, 2025) - Worksport Ltd.

8 days ago - Newsfile Corp

Worksport Grows Dealer Network 64% in Q1 2025; March B2B Sales Increase 70% on U.S.-Made AL4 Demand

Three Consecutive Months of Dealer Growth and Strong AL4 Sales Momentum Highlight Accelerating Market Adoption of Worksport's US Made Products West Seneca, New York--(Newsfile Corp. - April 22, 2025) ...

15 days ago - Newsfile Corp

Worksport Ltd. (WKSP) Q4 2024 Earnings Call Transcript

Worksport Ltd. (NASDAQ:WKSP) Q4 2024 Earnings Conference Call March 27, 2025 8:30 AM ET Company Participants Steven Rossi - CEO Michael Johnston - CFO Faran Ali - Business Development Manager Confere...

5 weeks ago - Seeking Alpha

Worksport Ltd. Reports Fiscal Year 2024 Results, Achieves 455% Year-Over-Year Revenue Growth

Company Outlines Strong Momentum in Margins, Revenue, and Business Growth Entering 2025 West Seneca, New York--(Newsfile Corp. - March 27, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Co...

5 weeks ago - Newsfile Corp

Worksport Sets Fourth Quarter and Full Year 2024 Financial Results Release Date and Conference Call

West Seneca, New York--(Newsfile Corp. - March 24, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions pr...

6 weeks ago - Newsfile Corp

Worksport Believes Market Valuation Does Not Fully Reflect Business Fundamentals; Targets Cash Flow Positivity and Meaningful Growth in 2025

West Seneca, New York--(Newsfile Corp. - March 18, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions fo...

7 weeks ago - Newsfile Corp

Worksport Announces 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan

CEO Shares Confidence And Emphasizes Catalyst Events To Come West Seneca, New York, March 14, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufa...

7 weeks ago - GlobeNewsWire

AetherLux's ZeroFrost™ Heat Pump Technology: Proven, Measured, and Setting a New Standard in the HVAC Industry

Worksport Highlights Strong Reception Of Terravis Energy's AetherLux Product Reveal, And Shares Additional Testing Data West Seneca, New York, March 06, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ...

2 months ago - GlobeNewsWire

Worksport (WKSP) Reports 30% Dealer Network Growth; Debuts AL4 Premium Tonneau Cover on E-Commerce Platform

Company Adds 24 New Dealer Locations in Early 2025, Initiates Flagship AL4 Cover Availability at Worksport.com

2 months ago - GlobeNewsWire

KULR and Worksport Forge Strategic Partnership to Advance Battery Technology and U.S. Manufacturing

HOUSTON, Feb. 13, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leader in advanced energy management platforms, and Worksport Ltd. (Nasdaq: WK...

Other symbols: KULR
2 months ago - GlobeNewsWire

Worksport Subsidiary Terravis Energy Unveils Revolutionary Heat Pump, Eliminating Defrost Cycles & Shattering Performance Standards; AetherLux™ [Updated]

Groundbreaking System Successfully Operates From -57°F to 131°F, Eliminates Defrost Cycles, and Paves the Way for a New Era in Clean-Energy Efficiency

3 months ago - GlobeNewsWire

Worksport Subsidiary Terravis Energy Unveils Revolutionary Heat Pump, Eliminating Defrost Cycles & Shattering Performance Standards; AetherLux™

Groundbreaking System Successfully Operates From -57°F to 131°F, Eliminates Defrost Cycles, and Paves the Way for a New Era in Clean-Energy Efficiency West Seneca, New York, Feb. 11, 2025 (GLOBE NEWSW...

3 months ago - GlobeNewsWire

Worksport Subsidiary Terravis Energy Unveils Revolutionary Heat Pump, Eliminating Defrost Cycles & Shattering Performance Standards; AetherLux(TM)

Groundbreaking System Successfully Operates From -57°F to 131°F, Eliminates Defrost Cycles, and Paves the Way for a New Era in Clean-Energy Efficiency West Seneca, New York--(Newsfile Corp. - February...

3 months ago - Newsfile Corp

Worksport Ltd. ($WKSP) Begins Shipping Flagship AL4 Product Line, Plans Production Ramp Amid Positive Buyer Feedback

WEST SENECA, N.Y,, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the ...

3 months ago - GlobeNewsWire

Worksport ($WKSP) Taps Coinbase as Official Crypto Custodian, Strengthening Cryptocurrency Treasury Strategy

Following Reach O ut f rom Coinbase's Institutional Team, Worksport Has Created XRP & Bitcoin (BTC) Corporate Accounts

3 months ago - GlobeNewsWire

Worksport Ltd. ($WKSP) Announces Global Patent Portfolio Growth, and Joins LOT Network for Enhanced Patent Protection

Strategic Alliance Aims to Lower Legal Costs & Strengthen Market Position, Ahead of Major Product Launches West Seneca, New York, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Work...

3 months ago - GlobeNewsWire

Worksport Subsidiary Terravis Energy Announces Two Major Heat Pump Breakthroughs, Begins 20-Day Countdown

Solving Two Key Market Challenges; Successful R&D Has Achieved a Solution Expected to Revolutionize Home Heating & Cooling, While Being Affordable and Highly Efficient.

3 months ago - GlobeNewsWire

Worksport ($WKSP) Further Expands Product Line with HD3 Premium Tri-Fold Cover, Building on AL4 Momentum and Teasing COR & SOLIS Innovations

New Tri-Fold Model Expected to Launch in Spring 2025 Joins AL4 in Diversifying Product Mix, Driving Revenue Growth, Underscoring the Company's Expanding Multichannel Market Vision

4 months ago - GlobeNewsWire

Worksport Ltd. ($WKSP) Shares CEO Commentary and Provides Outlook for Year Ahead

Company Reflects on Record Growth, 2025 Milestones, and Encourages Investors to Stay Tuned for Upcoming Developments West Seneca, New York, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WK...

4 months ago - GlobeNewsWire

Worksport Ltd. ($WKSP) Shares Enhanced Strategic Vision & Opportunity on New and Improved Investor Relations Website

“Worksport's Road to a $13B Target Market” Underscores the Company's Growth Strategy, Clean-Tech Innovations, and Expanding Operations

5 months ago - GlobeNewsWire

Worksport ($WKSP) To Showcase Upcoming Innovations Live on FOX & Friends National TV

Worksport's AL4 Premium Cover, SOLIS, and COR Systems Scheduled to Take Center Stage in Front of an Audience Projected to Exceed One Million Live Viewers This Weekend

5 months ago - GlobeNewsWire

Worksport (WKSP) Sees 51% B2C and 60% B2B Sales Growth in November, Boosting Margins, and Accelerating Brand Expansion

Year-End Momentum and 3 Upcoming Products Position Worksport for a Strong 2025 West Seneca, New York--(Newsfile Corp. - December 6, 2024) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company")...

5 months ago - Newsfile Corp

Worksport Ltd. to Present at Prestigious ICR Conference 2025; CEO to Highlight Growth Initiatives

Company to Showcase at Premier Investor Event Among Industry Leaders Like Walmart, Yum! Brands, and SharkNinja West Seneca, New York, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd.

5 months ago - GlobeNewsWire

Made in America Stocks - Automotive and Crypto Poised to Benefit from Trump Policy

Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - November 25, 2024) - Investorideas.com, a go-to investing platform covering cleantech, automotive and crypto stocks releases a sector...

5 months ago - Newsfile Corp