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An announcement from Worksport ( (WKSP) ) is now available.
On November 13, 2025, Worksport Ltd. reported a significant 61% increase in revenue for Q3 2025, achieving a gross margin of 31.3%. The company is targeting profitability in 2026 with a revenue goal exceeding $45 million, driven by sales of tonneau covers and the anticipated launch of the SOLIS solar-integrated tonneau cover and COR battery system. This growth reflects Worksport’s strategic investments in scalable manufacturing and operational efficiencies, positioning the company for sustained double-digit growth and cash flow positivity.
The most recent analyst rating on (WKSP) stock is a Hold with a $2.50 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 promising, but challenges with profitability, cash flow, and technical indicators weigh heavily on the stock’s outlook. The earnings call provides some optimism, but the negative valuation metrics and bearish technical analysis suggest caution.
To see Spark’s full report on WKSP stock, click here.
More about Worksport
Worksport Ltd. is a U.S.-based company specializing in advanced manufacturing and distributed clean energy technologies, catering to both consumer and industrial markets.
Average Trading Volume: 425,717
Technical Sentiment Signal: Strong Sell
Current Market Cap: $16.74M
For detailed information about WKSP stock, go to TipRanks’ Stock Analysis page.