Worksport Ltd. (WKSP)

NASDAQ: WKSP · Real-Time Price · USD
3.650
+0.300 (8.96%)
At close: Sep 9, 2025, 4:00 PM
3.700
+0.050 (1.37%)
After-hours: Sep 9, 2025, 7:50 PM EDT
8.96%
Market Cap24.24M
Revenue (ttm)12.40M
Net Income (ttm)-16.63M
Shares Out 6.64M
EPS (ttm)-4.18
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume699,182
Open3.450
Previous Close3.350
Day's Range3.395 - 3.770
52-Week Range2.440 - 12.000
Beta0.69
AnalystsStrong Buy
Price Target12.83 (+251.51%)
Earnings DateAug 13, 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 Summary

According to 3 analysts, the average rating for WKSP stock is "Strong Buy." The 12-month stock price target is $12.83, which is an increase of 251.51% from the latest price.

Price Target
$12.83
(251.51% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

BREAKING: Worksport Posts Fourth Consecutive Monthly Sales Record in July 2025; Gross Margin Reaches 31% Target One Quarter Early

Company Achieves Consistent Growth With Four Straight Record Months; Gross Margin Expands 2,000+ Basis Points in Three Quarters; Production Hits Strongest Levels to Date

14 hours ago - GlobeNewsWire

Worksport to Present at Wall Street Reporter's “Next Super Stock” Livestream on September 4, 2025, at 1 PM ET

CEO Steven Rossi to Showcase Worksport's Momentum in U.S. Manufacturing, Expanding Dealer Network, and Launch of SOLIS & COR Clean-Tech Products West Seneca, New York, Sept. 04, 2025 (GLOBE NEWSWIRE) ...

5 days ago - GlobeNewsWire

Worksport Ltd. (WKSP) Q2 2025 Earnings Call Transcript

Worksport Ltd. (NASDAQ:WKSP) Q2 2025 Earnings Conference Call August 13, 2025 1:00 PM ET Company Participants Michael D.

27 days ago - Seeking Alpha

Worksport Posts Q2 2025 Results: Gross Profit Increases 173%, Revenue Jumps 83%, Margin Expands 870 bps, Operating Loss Improves 15% [QoQ].

Company Reaffirms ≥$20 Million 2025 Revenue Target and Highlights Clear Path to Near-Term Operational Cash Flow Positivity West Seneca, New York, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASD...

27 days ago - GlobeNewsWire

Worksport ($WKSP) Issues Corporate Update: Bitcoin Holdings Double, Production Capacity Scales, New Automotive OEM Discussions, and Brand Visibility Initiatives

Strong Growth in Business Fundamentals, Increased Brand Visibility, and New Strategic Conversations Signal Continued Momentum into Q3 and Q4 2025

4 weeks ago - GlobeNewsWire

Worksport Sets New 4-Week Production Record; Strong Growth Continues

2,499 Units Produced in 4 weeks of July, Doubling March 2025 Output West Seneca, New York--(Newsfile Corp. - August 5, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S. base...

5 weeks ago - Newsfile Corp

Worksport Sets New 4-Week Production Record; Strong Growth Continues 2,499 Units Produced in 4 weeks of July, Doubling March 2025 Output

West Seneca, New York, Aug. 05, 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 ...

5 weeks ago - GlobeNewsWire

WKSP Invites You to Join Its Second Quarter 2025 Earnings Conference Call

Worksport Ltd. Announces August 13, 2025, as Q2 2025 Earnings Report Date West Seneca, New York, July 31, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-...

5 weeks ago - GlobeNewsWire

Frankie Muniz Joins Forces with Worksport to Champion American Energy Innovation

Former ‘Malcolm in The Middle' Actor, and Professional NASCAR Driver Enters Brand Partnership with Worksport West Seneca, New York, July 24, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Wo...

6 weeks ago - GlobeNewsWire

Worksport Accelerates R&D Expansion and Clean-Tech Commercialization Amid Record Growth

Company Doubles Missouri R&D Facility, Launches Heat Pump Testing, and Readies Fall Rollout of SOLIS™ & COR™ Mobile Nano-Grid System WEST SENECA, NY / ACCESS Newswire / July 16, 2025 / Worksport Ltd. ...

7 weeks ago - Accesswire

Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum

Company Achieves Breakout Quarter as Turnaround Strategy Gains Traction; Clean-Tech Product Launches Poised to Accelerate Growth

2 months ago - GlobeNewsWire

Worksport Delivers Record Production With 100%+ Margin Growth as Revenue Tracks Toward $20M Milestone Ahead of Clean-Tech Product Launch

West Seneca, New York, July 07, 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 ...

2 months ago - GlobeNewsWire

Worksport Nano-Grid System Selected for Pilot by Top US Construction Group

Top 25 U.S. Construction and Energy Contractor To Purchase Worksport's SOLIS Solar Tonneau Cover and COR Portable Energy System for Initial Pilot

2 months ago - GlobeNewsWire

Worksport Reports Consecutive Months of Record-Breaking Revenues, Gross Margin Improves by 25%

Company Reports All-Time-High Revenue in May 2025 (Following Record April 2025 Sales) as Gross Margins Rise 25% from Q1 2025 Levels; Growth Momentum Expected to Continue

2 months ago - GlobeNewsWire

Worksport Secures Second National Distributor & Projects $21.5M in Repeatable B2B Revenue

Dealer Network Expands now to over 550 U.S. Locations; Recurring Revenue Expected to Further Accelerate in 2025. West Seneca, New York, June 10, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd.

3 months ago - GlobeNewsWire

Worksport Announces Fall 2025 Launch of Highly Anticipated SOLIS & COR Nano-Grid System Following Completion of Major Engineering Milestones

Company Projects Millions in New 2025 Revenues. Modular Nano-Grid System Delivers 4,000Wh+ of Solar Generated Energy; Targeting Vehicles, Jobsites, Military, and Portable Power Markets.

3 months ago - Newsfile Corp

Worksport Surpasses Monthly Sales Record in April on Strong AL4 Performance

AL4 Drives 40% of Sales Within Weeks of Launch; Application Rollout Nearing Completion with Significant Growth Expected to Continue

3 months ago - GlobeNewsWire

Worksport Ltd. (WKSP) Q1 2025 Earnings Call Transcript

Worksport Ltd. (NASDAQ:WKSP) Q1 2025 Earnings Conference Call May 15, 2025 4:30 PM ET Company Participants Steven Rossi - Founder & CEO Michael Johnston - Chief Financial Officer Conference Call Part...

4 months ago - Seeking Alpha

Worksport Ltd. Reports Q1 2025 Results: 337% Revenue Growth and 157% Margin Expansion Year-over-Year

Company Forecasts Detailed Revenue Guidance with Cash Flow Positive Objectives West Seneca, New York--(Newsfile Corp. - May 15, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a ...

4 months ago - Newsfile Corp

Worksport Announces First Quarter 2025 Earnings Release Date and Conference Call Details

West Seneca, New York, May 12, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions prima...

4 months ago - GlobeNewsWire

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.

4 months 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.

4 months 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) ...

5 months 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 months 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 months ago - Newsfile Corp