Worksport (WKSP)
NASDAQ:WKSP
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WKSP Stock Chart & Stats
$1.07
-$0.07(-7.44%)
At close: 4:00 PM EST
$1.07
-$0.07(-7.44%)
Day’s Range― - ―
52-Week Range$0.76 - $4.90
Previous CloseN/A
Volume1.25M
Average Volume (3M)328.50K
Market Cap
$9.88M
Enterprise Value$6.06M
Total Cash (Recent Filing)$566.58K
Total Debt (Recent Filing)$2.78M
Price to Earnings (P/E)―
Beta1.98
Next Earnings
Aug 19, 2026EPS Estimate
-0.38Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.71
Shares Outstanding12,531,540
10 Day Avg. Volume296,051
30 Day Avg. Volume328,495
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.57
Price to Sales (P/S)0.81
P/FCF Ratio-0.72
Enterprise Value/Market Cap0.61
Enterprise Value/Revenue0.35
Enterprise Value/Gross Profit1.23
Enterprise Value/Ebitda-0.32
Forecast
1Y Price Target
$6.75Price Target Upside530.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-1.28
Revenue Forecast (FY)$36.62M
Bulls Say, Bears Say
Bulls Say
Gross Margin ImprovementSignificant gross margin expansion supports the analyst's margin outlook and indicates improved operational efficiency that should boost profitability.
Product CommercializationCommercial sales of new clean energy products beginning to contribute revenue could convert R&D cost centers into profitable product lines and enhance future revenue mix.
Valuation SupportA low enterprise value to revenue multiple underpins the analyst's Buy rating and suggests upside potential if growth and margins continue to improve.
Bears Say
Cash Burn And Dilution RiskOngoing cash burn and limited cash balances increase the likelihood of an additional capital raise, creating potential dilution for existing shareholders.
Operating Expense PressureRising marketing spend, hiring for a new facility, and product launch costs have widened operating losses and weakened near-term profitability.
Revenue Shortfall From Distribution And PricingRevenue missed expectations as new distributor relationships grew more slowly than anticipated and higher pricing reduced online sales, signaling demand sensitivity.
Worksport News
WKSP FAQ
What was Worksport’s price range in the past 12 months?
Worksport lowest stock price was $0.76 and its highest was $4.90 in the past 12 months.
What is Worksport’s market cap?
Worksport’s market cap is $9.88M.
When is Worksport’s upcoming earnings report date?
Worksport’s upcoming earnings report date is Aug 19, 2026 which is in 93 days.
How were Worksport’s earnings last quarter?
Worksport released its earnings results on May 13, 2026. The company reported -$0.54 earnings per share for the quarter, missing the consensus estimate of -$0.52 by -$0.02.
Is Worksport overvalued?
According to Wall Street analysts Worksport’s price is currently Undervalued.
Does Worksport pay dividends?
Worksport does not currently pay dividends.
What is Worksport’s EPS estimate?
Worksport’s EPS estimate is -0.38.
How many shares outstanding does Worksport have?
Worksport has 12,531,540 shares outstanding.
What happened to Worksport’s price movement after its last earnings report?
Worksport reported an EPS of -$0.54 in its last earnings report, missing expectations of -$0.52. Following the earnings report the stock price went down -8.277%.
Which hedge fund is a major shareholder of Worksport?
Currently, no hedge funds are holding shares in WKSP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Worksport
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a balanced picture: clear operational progress with multiple product launches (SOLIS, COR, NEXUS), certifications, distribution wins, meaningful year-over-year revenue and gross-profit improvement, and a sizeable asset/inventory base and IP portfolio. Offsetting these positives are material near-term liquidity and cash-burn concerns (cash fell to $566k, ~$8.2M cash used in operations in Q1), elevated operating and marketing spend, reliance on converting inventory and new channel relationships to generate cash, and a prior going-concern disclosure. Management emphasizes conversion in H2 2026 toward operational cash-flow positivity, but execution risk and the need for external funding remain key issues.View all WKSP earnings summariesWKSP Stock 12 Month Forecast
Average Price Target
$6.75
▲(530.84% Upside)
Technical Analysis
Ownership Overview
23.61% Insiders
1.37% Mutual Funds
2.12% Other Institutional Investors
71.76% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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