Education
About Us
Working with TipRanks
Follow Us
Worksport Ltd (WKSP)
:WKSP
WKSP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.44 - $12.00
Previous CloseN/A
Volume1.25M
Average Volume (3M)525.79K
Market Cap
$23.78M
Enterprise Value$16.66M
Total Cash (Recent Filing)$5.08M
Total Debt (Recent Filing)$781.87K
Price to Earnings (P/E)―
Beta1.89
Next Earnings
Nov 12, 2025EPS Estimate
-0.61Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.71
Shares Outstanding6,642,038
10 Day Avg. Volume457,451
30 Day Avg. Volume525,790
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap0.70
Enterprise Value/Revenue1.63
Enterprise Value/Gross Profit13.17
Enterprise Value/Ebitda-1.13
Forecast
1Y Price Target
$7.33Price Target Upside114.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement reaffirmed guidance for 2025 revenue of $20M–$25M, indicating a significant increase of 136%–195% year-over-year, and a gross profit margin exiting 2025 of greater than 30%.
Market DemandThe company's Made in America products are expected to be competitively priced and viewed attractively by consumers, driving long-term demand.
Product LaunchThe company's core tonneau cover business is expected to deliver significant revenue, with the launch of new products like SOLIS and COR adding incremental revenue.
Bears Say
Shareholder DilutionWKSP plans to sell up to $10M of preferred equity convertible into common shares, which could dilute existing shareholders.
Tariff ChallengesThe company did acknowledge it faces some near term tariff headwinds, estimated to be 5.0% to 10.0%.
Worksport News
WKSP FAQ
What was Worksport Ltd’s price range in the past 12 months?
Worksport Ltd lowest stock price was $2.44 and its highest was $12.00 in the past 12 months.
What is Worksport Ltd’s market cap?
Worksport Ltd’s market cap is $23.78M.
When is Worksport Ltd’s upcoming earnings report date?
Worksport Ltd’s upcoming earnings report date is Nov 12, 2025 which is in 39 days.
How were Worksport Ltd’s earnings last quarter?
Worksport Ltd released its earnings results on Aug 13, 2025. The company reported -$0.71 earnings per share for the quarter, beating the consensus estimate of -$0.835 by $0.125.
Is Worksport Ltd overvalued?
According to Wall Street analysts Worksport Ltd’s price is currently Undervalued.
Does Worksport Ltd pay dividends?
Worksport Ltd does not currently pay dividends.
What is Worksport Ltd’s EPS estimate?
Worksport Ltd’s EPS estimate is -0.61.
How many shares outstanding does Worksport Ltd have?
Worksport Ltd has 6,642,038 shares outstanding.
What happened to Worksport Ltd’s price movement after its last earnings report?
Worksport Ltd reported an EPS of -$0.71 in its last earnings report, beating expectations of -$0.835. Following the earnings report the stock price went down -10.317%.
Which hedge fund is a major shareholder of Worksport Ltd?
Currently, no hedge funds are holding shares in WKSP
Worksport Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.33 (114.33% Upside)
$7.33 (114.33% Upside)
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-31.80%
12-Months-Change
Fundamentals
Return on Equity
-91.21%
Trailing 12-Months
Asset Growth
-13.26%
Trailing 12-Months
Company Description
Worksport Ltd
Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the United States. The company offers soft cover (SC) and tough cover (TC) tonneau covers, including SC3, a tri-fold cover that seals around the truck bed with a rubber gasket designed to protect cargo from moisture and debris; SC3pro that allows the operator to open the cover by pulling a release cable; and TC3, a thick aluminum tri-cover panel with a honey-comb core coated in a durable black scratch-resistant powder coating. It is also developing TerraVis, a solar cover tonneau cover that gives rechargeable portable power to pickup truck owners. The company distributes its products through wholesalers and online retail channels. It serves private labels and original equipment manufacturers. Worksport Ltd. has a collaboration agreement with Greatcell Energy Pty Ltd. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. Worksport Ltd. is based in Vaughan, Canada.
WKSP Company Deck
WKSP Earnings Call
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a strong growth trajectory with record revenue, improved gross margins, and significant expansion in distribution networks. However, challenges remain with increased operating expenses and cash flow management. The company is optimistic about its ability to achieve cash flow positivity and profitability in the near future.View all WKSP earnings summariesWKSP Stock 12 Month Forecast
Average Price Target
$7.33
▲(114.33% Upside)
Technical Analysis
Commercial Vehicle Group
―
Sypris
―
Foresight Autonomous Holdings
―
AEye Inc
―
MKDWELL Tech
―
Ownership Overview
43.22% Insiders
1.45% Mutual Funds
3.71% Other Institutional Investors
50.26% Public Companies and
Individual Investors
Options Prices
Currently, No data available
---