Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An update from Worksport ( (WKSP) ) is now available.
On June 5, 2025, Worksport Ltd. announced the upcoming Fall 2025 launch of its SOLIS and COR Nano-Grid System, following the completion of significant engineering milestones. The SOLIS solar tonneau cover and COR portable power system are designed to serve various markets, including vehicles, jobsites, and portable power sectors, with a projected total addressable market expansion from $4 billion to over $13 billion. The company anticipates generating $2-3 million in new revenue in 2025, with expectations for rapid scaling and long-term growth in the mobile power and clean energy markets. The SOLIS system is already in assembly at Worksport’s ISO-certified facility, and the COR system is progressing towards market readiness, with both products set to challenge market leaders in their respective industries.
The most recent analyst rating on (WKSP) stock is a Buy with a $11.50 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 overall score reflects significant potential for growth in the auto parts industry, bolstered by product innovation and strategic partnerships. However, financial instability and ongoing losses weigh heavily on the stock’s attractiveness.
To see Spark’s full report on WKSP stock, click here.
More about Worksport
Worksport Ltd. is a U.S.-based manufacturer and innovator in hybrid and clean energy solutions, focusing on the light truck, overlanding, and global consumer goods sectors. The company designs, develops, and owns intellectual property for a variety of tonneau covers, solar integrations, portable power systems, and clean heating and cooling solutions, with active partnerships including one with Hyundai for the SOLIS Solar cover.
Average Trading Volume: 215,828
Technical Sentiment Signal: Sell
Current Market Cap: $15.7M
For detailed information about WKSP stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue