WorksportWKSP
WKSP
About: Worksport Ltd through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. The company's product includes soft vinyl tonneau covers and hard aluminum tonneau covers. It operates in two reporting segments for financial reporting purposes: Hard Tonneau Covers and Soft Tonneau Covers. Geographically, the company operates in Canada, United States and Other Countries.
Employees: 81
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
3.0% more ownership
Funds ownership: 7.27% [Q4 2024] → 10.28% (+3.0%) [Q1 2025]
30% less capital invested
Capital invested by funds: $2.2M [Q4 2024] → $1.55M (-$650K) [Q1 2025]
39% less call options, than puts
Call options by funds: $149K | Put options by funds: $243K
47% less funds holding
Funds holding: 32 [Q4 2024] → 17 (-15) [Q1 2025]
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 17
93% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 14
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7
127%
upside
Avg. target
$9.25
199%
upside
High target
$11.50
272%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Maxim Group Tate Sullivan | 127%upside $7 | Buy Maintained | 20 May 2025 |
HC Wainwright & Co. Scott Buck | 272%upside $11.50 | Buy Reiterated | 16 May 2025 |
Financial journalist opinion
Based on 7 articles about WKSP published over the past 30 days
Neutral
GlobeNewsWire
6 days ago
Frankie Muniz Joins Forces with Worksport to Champion American Energy Innovation
Former ‘Malcolm in The Middle' Actor, and Professional NASCAR Driver Enters Brand Partnership with Worksport West Seneca, New York, July 24, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is thrilled to announce a dynamic brand partnership with actor and professional NASCAR driver Frankie Muniz, who is racing full-time in the 2025 NASCAR Craftsman Truck Series in the No.
Neutral
Newsfile Corp
6 days ago
Frankie Muniz Joins Forces with Worksport to Champion American Energy Innovation
Former 'Malcolm in The Middle' Actor, and Professional NASCAR Driver Enters Brand Partnership with Worksport West Seneca, New York--(Newsfile Corp. - July 24, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is thrilled to announce a dynamic brand partnership with actor and professional NASCAR driver Frankie Muniz, who is racing full-time in the 2025 NASCAR Craftsman Truck Series in the No.
Neutral
Accesswire
2 weeks ago
Worksport Accelerates R&D Expansion and Clean-Tech Commercialization Amid Record Growth
Company Doubles Missouri R&D Facility, Launches Heat Pump Testing, and Readies Fall Rollout of SOLIS™ & COR™ Mobile Nano-Grid System WEST SENECA, NY / ACCESS Newswire / July 16, 2025 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced major corporate developments across research, manufacturing, and commercialization-signaling aggressive growth following a record-setting Q2.
Neutral
GlobeNewsWire
2 weeks ago
Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum
Company Achieves Breakout Quarter as Turnaround Strategy Gains Traction; Clean-Tech Product Launches Poised to Accelerate Growth
Neutral
Newsfile Corp
2 weeks ago
Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum
Company Achieves Breakout Quarter as Turnaround Strategy Gains Traction; Clean-Tech Product Launches Poised to Accelerate Growth West Seneca, New York--(Newsfile Corp. - July 10, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced unaudited Q2 2025 topline results, delivering a breakout quarter that is expected to position the Company for sustainable profitability and long-term growth.
Neutral
GlobeNewsWire
3 weeks ago
Worksport Delivers Record Production With 100%+ Margin Growth as Revenue Tracks Toward $20M Milestone Ahead of Clean-Tech Product Launch
West Seneca, New York, July 07, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, announced today a transformational leap in performance—achieving a 50% increase in monthly production volume since March 2025, while delivering more than a 100% improvement in gross margins over the past five months. These milestones are underscored by readily increasing demand.
Neutral
Newsfile Corp
3 weeks ago
Worksport Delivers Record Production With 100%+ Margin Growth as Revenue Tracks Toward $20M Milestone Ahead of Clean-Tech Product Launch
West Seneca, New York--(Newsfile Corp. - July 7, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, announced today a transformational leap in performance-achieving a 50% increase in monthly production volume since March 2025, while delivering more than a 100% improvement in gross margins over the past five months.
Neutral
Newsfile Corp
1 month ago
Worksport Nano-Grid System Selected for Pilot by Top US Construction Group
Top 25 U.S. Construction and Energy Contractor to Purchase Worksport's SOLIS Solar Tonneau Cover and COR Portable Energy System for Initial Pilot West Seneca, New York--(Newsfile Corp. - June 25, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce a commercial-use pilot project with a leading US construction firm that has a fleet comprising over 1,000 trucks.
Neutral
GlobeNewsWire
1 month ago
Worksport Nano-Grid System Selected for Pilot by Top US Construction Group
Top 25 U.S. Construction and Energy Contractor To Purchase Worksport's SOLIS Solar Tonneau Cover and COR Portable Energy System for Initial Pilot
Neutral
Newsfile Corp
1 month ago
Worksport Reports Consecutive Months of Record-Breaking Revenues, Gross Margin Improves by 25%
Company Reports All-Time-High Revenue in May 2025 (Following Record April 2025 Sales) as Gross Margins Rise 25% from Q1 2025 Levels; Growth Momentum Expected to Continue West Seneca, New York--(Newsfile Corp. - June 23, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced that May 2025 sales reached $1.28 million, marking the Company's second consecutive month of record-breaking revenue (non-audited).
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