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WKSP Stock Forecast: Worksport Ltd. Price Predictions for 2027

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$0.66

-0.15 (-18.68%)

WKSP Stock Forecast 2026-2027

$0.66
Current Price
$12.25M
Market Cap
2 Ratings
Buy 2
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to WKSP Price Targets

+1,641.6%
To High Target of $11.50
+922.3%
To Median Target of $6.75
+202.9%
To Low Target of $2.00

WKSP Price Momentum

-23.3%
1 Week Change
+10.0%
1 Month Change
-84.3%
1 Year Change
-69.0%
Year-to-Date Change
-85.2%
From 52W High of $4.46
+16.0%
From 52W Low of $0.57
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Latest WKSP Stock Price Targets & Analyst Predictions

Based on our analysis of 2 Wall Street analysts, WKSP has a bullish consensus with a median price target of $6.75 (ranging from $2.00 to $11.50). The overall analyst rating is Strong Buy (9.0/10). Currently trading at $0.66, the median forecast implies a 922.3% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.

Conversely, the most conservative target is provided by Tate Sullivan at Maxim Group, suggesting a 202.9% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

WKSP Analyst Ratings

2
Buy
0
Hold
0
Sell

WKSP Price Target Range

Low
$2.00
Average
$6.75
High
$11.50
Current: $0.66

Latest WKSP Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for WKSP.

Date Firm Analyst Rating Change Price Target
May 15, 2026 Maxim Group Tate Sullivan Buy Maintains $2.00
Mar 31, 2026 Maxim Group Buy Maintains $N/A
Feb 13, 2026 Maxim Group Buy Maintains $N/A
Sep 29, 2025 HC Wainwright & Co. Buy Reiterates $N/A
May 20, 2025 Maxim Group Buy Maintains $N/A
May 16, 2025 HC Wainwright & Co. Buy Reiterates $N/A
Apr 23, 2025 HC Wainwright & Co. Buy Reiterates $N/A
Mar 28, 2025 HC Wainwright & Co. Buy Maintains $N/A
Mar 28, 2025 HC Wainwright& Co. Buy Maintains $N/A
Jan 23, 2025 HC Wainwright & Co. Buy Initiates $N/A
Jan 22, 2025 HC Wainwright & Co. Buy Initiates $N/A
Dec 23, 2024 Alliance Global Partners Buy Initiates $N/A
Jan 20, 2023 Maxim Group Buy Maintains $N/A
Nov 29, 2021 Maxim Group Buy Initiates $N/A

Worksport Ltd. (WKSP) Competitors

The following stocks are similar to Worksport based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Worksport Ltd. (WKSP) Financial Data

Worksport Ltd. has a market capitalization of $12.25M with a P/E ratio of -0.3x. The company generates $17.17M in trailing twelve-month revenue with a -120.6% profit margin.

Revenue growth is +47.9% quarter-over-quarter, while maintaining an operating margin of -173.5% and return on equity of -103.3%.

Valuation Metrics

Market Cap $12.25M
Enterprise Value $12.92M
P/E Ratio -0.3x
PEG Ratio 0.0x
Price/Sales 0.7x

Growth & Margins

Revenue Growth (YoY) +47.9%
Gross Margin +25.8%
Operating Margin -173.5%
Net Margin -120.6%
EPS Growth +47.9%

Financial Health

Cash/Price Ratio +8.5%
Current Ratio 2.0x
Debt/Equity 18.3x
ROE -103.3%
ROA -46.5%
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Worksport Ltd. logo

Worksport Ltd. (WKSP) Business Model

About Worksport Ltd.

What They Do

Designs and sells tonneau covers for trucks.

Business Model

Worksport generates revenue by designing, manufacturing, and selling tonneau covers that enhance truck functionality, security, and aesthetics. The company targets both consumer and commercial markets within the automotive aftermarket sector, focusing on vehicle customization and cargo protection.

Additional Information

Worksport has recently introduced solar-integrated tonneau covers, allowing truck owners to utilize solar energy for various devices. This innovation aligns with current trends in sustainable energy and demonstrates the company's commitment to adapting to market demands. Headquartered in Ontario, Canada, Worksport is positioned to capitalize on the growing automotive accessories industry.

Company Information

Sector

Consumer Cyclical

Industry

Auto Parts

Employees

116

CEO

Mr. Steven F. Rossi

Country

United States

IPO Year

2020

Worksport Ltd. (WKSP) Latest News & Analysis

Latest News

WKSP stock latest news image
Quick Summary

Worksport Ltd. (WKSP) provided updates on its business and outlined its strategic focus for the second half of the year in a recent discussion.

Why It Matters

Worksport Ltd.'s business updates and strategic focus signal potential growth opportunities, which could impact stock performance and investor sentiment in the second half of the year.

Source: Seeking Alpha
Market Sentiment: Neutral
WKSP stock latest news image
Quick Summary

Worksport's CEO invites shareholders to a town hall discussing Nasdaq compliance, 35% gross margin, $36M revenue target, and the 2026 execution plan. Live Q&A will follow.

Why It Matters

The CEO's letter signals active engagement with shareholders and outlines key performance metrics and future plans, indicating potential growth and strategic direction, which can boost investor confidence.

Source: Accesswire
Market Sentiment: Neutral
WKSP stock latest news image
Quick Summary

The company reported a record gross margin of 35%, a new partnership with Meyer Distributing, and a $36M revenue opportunity, indicating strong growth potential and operational cash-flow positivity.

Why It Matters

Record gross margins, new partnerships, and significant revenue opportunities signal strong operational improvements, enhancing profitability potential and attracting investor interest.

Source: Accesswire
Market Sentiment: Neutral
WKSP stock latest news image
Quick Summary

Worksport Ltd. received a direct investment at $1.20 per share, over 100% above recent trading levels. The investor may consider an additional $10 million for the company's growth plan.

Why It Matters

The premium investment signals strong confidence in Worksport's growth potential, likely boosting stock value and attracting further interest from other investors.

Source: Accesswire
Market Sentiment: Neutral
WKSP stock latest news image
Quick Summary

The CEO is acquiring more equity, indicating confidence in the company's path to cash-flow positivity and belief that its market valuation is undervalued relative to its book value and growth potential.

Why It Matters

CEO equity acquisition signals confidence in future cash flow and undervalued stock, suggesting potential for price appreciation and strong long-term performance.

Source: Accesswire
Market Sentiment: Neutral
WKSP stock latest news image
Quick Summary

Worksport has secured U.S. Patent No. 12,624,872 for its ZeroFrostโ„ข technology, enhancing its clean-energy IP and improving heat-pump performance in cold climates.

Why It Matters

The new patent enhances Worksport's competitive edge in clean energy, potentially boosting market share and revenue in the growing heat-pump sector, which could drive stock value up.

Source: Accesswire
Market Sentiment: Neutral

Frequently Asked Questions About WKSP Stock

What is Worksport Ltd.'s (WKSP) stock forecast for 2027?

Based on our analysis of 2 Wall Street analysts, Worksport Ltd. (WKSP) has a median price target of $6.75. The highest price target is $11.50 and the lowest is $2.00.

Is WKSP stock a good investment in 2027?

According to current analyst ratings, WKSP has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.66. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for WKSP stock?

Wall Street analysts predict WKSP stock could reach $6.75 in the next 12 months. This represents a 922.3% increase from the current price of $0.66. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Worksport Ltd.'s business model?

Worksport generates revenue by designing, manufacturing, and selling tonneau covers that enhance truck functionality, security, and aesthetics. The company targets both consumer and commercial markets within the automotive aftermarket sector, focusing on vehicle customization and cargo protection.

What is the highest forecasted price for WKSP Worksport Ltd.?

The highest price target for WKSP is $11.50 from at , which represents a 1,641.6% increase from the current price of $0.66.

What is the lowest forecasted price for WKSP Worksport Ltd.?

The lowest price target for WKSP is $2.00 from Tate Sullivan at Maxim Group, which represents a 202.9% increase from the current price of $0.66.

What is the overall WKSP consensus from analysts for Worksport Ltd.?

The overall analyst consensus for WKSP is bullish. Out of 2 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $6.75.

How accurate are WKSP stock price projections?

Stock price projections, including those for Worksport Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: July 17, 2026 3:28 AM UTC
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