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Worksport ( (WKSP) ) has issued an announcement.
On August 13, 2025, Worksport Ltd. announced record financial results for Q2 2025, with a 173% increase in gross profit and an 83% rise in revenue. The company also reaffirmed its revenue target of at least $20 million for 2025 and highlighted its path to achieving operational cash flow positivity. Worksport achieved its highest quarterly revenue in company history, with net sales of $4.10 million, and expanded its gross margin to 26.4%. The company is focusing on launching new products and managing costs effectively to drive future growth and profitability.
The most recent analyst rating on (WKSP) stock is a Buy with a $15.00 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 strong revenue growth and strategic initiatives, tempered by challenges in profitability and cash flow management. Technical indicators suggest a cautious outlook, while recent corporate events provide a positive growth narrative.
To see Spark’s full report on WKSP stock, click here.
More about Worksport
Worksport Ltd. is a U.S.-based manufacturer and innovator specializing in hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors.
Average Trading Volume: 310,184
Technical Sentiment Signal: Sell
Current Market Cap: $19.66M
Find detailed analytics on WKSP stock on TipRanks’ Stock Analysis page.