Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Worksport ( (WKSP) ) just unveiled an announcement.
On September 23, 2025, Worksport Ltd. announced a corporate update highlighting record revenue growth and expanding margins in Q3 2025, with gross margins exceeding 30%. The company is set to launch its SOLIS Solar Tonneau Cover and COR Portable Energy System in late Q4 2025, aiming to tap into new multi-billion-dollar markets. Worksport is also exploring strategic distribution expansions in the U.S. to support its growing B2C business, while its subsidiary Terravis Energy advances its AetherLux ZeroFrost Heat Pump program with potential global partnerships and licensing opportunities.
The most recent analyst rating on (WKSP) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Worksport stock, see the WKSP Stock Forecast page.
Spark’s Take on WKSP Stock
According to Spark, TipRanks’ AI Analyst, WKSP is a Neutral.
Worksport’s strong revenue growth and strategic initiatives are positive, but profitability, cash flow challenges, and a negative P/E ratio weigh heavily on the stock’s overall score. Technical indicators suggest a neutral market sentiment.
To see Spark’s full report on WKSP stock, click here.
More about Worksport
Worksport Ltd., a U.S.-based company, specializes in hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors. The company designs and manufactures tonneau covers, solar integrations, portable power systems, and clean heating and cooling solutions, with a focus on capitalizing on the shift towards clean energy.
Average Trading Volume: 405,029
Technical Sentiment Signal: Sell
Current Market Cap: $22.38M
For a thorough assessment of WKSP stock, go to TipRanks’ Stock Analysis page.