Worksport (WKSP) Stock Forecast, Price Target & Predictions

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WKSP Stock Forecast

Worksport stock forecast is as follows: an average price target of $1.50 (represents a 79.73% upside from WKSP’s last price of $0.83) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

WKSP Price Target

The average price target for Worksport (WKSP) is $1.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $1.50 to $1.50. This represents a potential 79.73% upside from WKSP's last price of $0.83.

WKSP Analyst Ratings

Buy

According to 1 Wall Street analysts, Worksport's rating consensus is 'Buy'. The analyst rating breakdown for WKSP stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Worksport Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 04, 2024	Tate Sullivan	Maxim Group	$1.50	$0.51	194.12%	79.73%

The latest Worksport stock forecast, released on Oct 04, 2024 by Tate Sullivan from Maxim Group, set a price target of $1.50, which represents a 194.12% increase from the stock price at the time of the forecast ($0.51), and a 79.73% increase from WKSP last price ($0.83).

Worksport Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	1
Avg Price Target	-	$1.50	$1.50
Last Closing Price	$0.83	$0.83	$0.83
Upside/Downside	-100.00%	79.73%	79.73%

In the current month, the average price target of Worksport stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Worksport's last price of $0.83. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 04, 2024	Maxim Group	Buy	Buy	Hold

Worksport's last stock rating was published by Maxim Group on Oct 04, 2024. The company gave WKSP a "Buy" rating, the same as its previous rate.

Worksport Financial Forecast

Worksport Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$458.48K	$199.85K	$39.06K	$18.35K	$11.30K	$47.78K	$16.45K
Avg Forecast	$11.47M	$11.07M	$10.37M	$10.20M	$10.50M	$8.80M	$6.40M	$3.10M	$2.20M	$2.40M	$1.50M	$1.00M	$1.20M	$500.00K	$200.00K	$100.00K	$100.00K	$37.50K	$350.00K	$123.50K
High Forecast	$11.47M	$11.07M	$10.37M	$10.20M	$10.50M	$8.80M	$6.40M	$3.10M	$2.20M	$2.40M	$1.50M	$1.00M	$1.20M	$777.45K	$200.00K	$100.00K	$100.00K	$37.50K	$350.00K	$123.50K
Low Forecast	$11.47M	$11.07M	$10.37M	$10.20M	$10.50M	$8.80M	$6.40M	$3.10M	$2.20M	$2.40M	$1.50M	$1.00M	$1.20M	$222.55K	$200.00K	$100.00K	$100.00K	$37.50K	$350.00K	$123.50K
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.92%	1.00%	0.39%	0.18%	0.30%	0.14%	0.13%

Worksport's average Quarter revenue forecast for Dec 23 based on 1 analysts is $1.20M, with a low forecast of $1.20M, and a high forecast of $1.20M. WKSP's average Quarter revenue forecast represents a 161.73% increase compared to the company's last Quarter revenue of $458.48K (Sep 23).

Worksport EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$-3.92M	$-3.34M	$-3.59M	$-2.54M	$-3.02M	$-2.68M	$-3.61M
Avg Forecast	$-9.50M	$-9.17M	$-8.59M	$-8.45M	$-8.70M	$-7.29M	$-5.30M	$-2.57M	$-1.82M	$-1.99M	$-1.24M	$-828.62K	$-994.34K	$-414.31K	$-165.72K	$-82.86K	$-86.33K	$-32.37K	$-302.16K	$-106.62K
High Forecast	$-9.50M	$-9.17M	$-8.59M	$-8.45M	$-8.70M	$-7.29M	$-5.30M	$-2.57M	$-1.82M	$-1.99M	$-1.24M	$-828.62K	$-994.34K	$-184.41K	$-165.72K	$-82.86K	$-86.33K	$-32.37K	$-302.16K	$-106.62K
Low Forecast	$-9.50M	$-9.17M	$-8.59M	$-8.45M	$-8.70M	$-7.29M	$-5.30M	$-2.57M	$-1.82M	$-1.99M	$-1.24M	$-828.62K	$-994.34K	$-644.21K	$-165.72K	$-82.86K	$-86.33K	$-32.37K	$-302.16K	$-106.62K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	9.46%	20.17%	43.33%	29.37%	93.19%	8.88%	33.87%

undefined analysts predict WKSP's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Worksport's previous annual EBITDA (undefined) of $NaN.

Worksport Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$-3.95M	$-3.80M	$-3.22M	$-2.86M	$-3.37M	$-2.82M	$-3.87M
Avg Forecast	-	-	-	-	$-1.18M	$-1.47M	$-2.35M	$-2.94M	$-3.24M	$-3.83M	$-3.83M	$-5.59M	$-7.06M	$-7.36M	$-6.48M	$-6.48M	$-5.71M	$-4.02M	$-2.60M	$-2.47M
High Forecast	-	-	-	-	$-1.18M	$-1.47M	$-2.35M	$-2.94M	$-3.24M	$-3.83M	$-3.83M	$-5.59M	$-7.06M	$-7.36M	$-6.48M	$-6.48M	$-5.71M	$-4.02M	$-2.60M	$-2.47M
Low Forecast	-	-	-	-	$-1.18M	$-1.47M	$-2.35M	$-2.94M	$-3.24M	$-3.83M	$-3.83M	$-5.59M	$-7.06M	$-7.36M	$-6.48M	$-6.48M	$-5.71M	$-4.02M	$-2.60M	$-2.47M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.54%	0.59%	0.50%	0.50%	0.84%	1.08%	1.57%

Worksport's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. WKSP's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Worksport SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.01M	$3.78M	$3.76M	$2.97M	$3.31M	$2.81M	$3.66M
Avg Forecast	$339.86M	$327.94M	$307.22M	$302.30M	$311.19M	$260.81M	$189.68M	$91.87M	$65.20M	$71.13M	$44.46M	$29.64M	$35.56M	$14.82M	$5.93M	$2.96M	$2.96M	$1.11M	$10.37M	$3.66M
High Forecast	$339.86M	$327.94M	$307.22M	$302.30M	$311.19M	$260.81M	$189.68M	$91.87M	$65.20M	$71.13M	$44.46M	$29.64M	$35.56M	$23.04M	$5.93M	$2.96M	$2.96M	$1.11M	$10.37M	$3.66M
Low Forecast	$339.86M	$327.94M	$307.22M	$302.30M	$311.19M	$260.81M	$189.68M	$91.87M	$65.20M	$71.13M	$44.46M	$29.64M	$35.56M	$6.60M	$5.93M	$2.96M	$2.96M	$1.11M	$10.37M	$3.66M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.27%	0.64%	1.27%	1.00%	2.98%	0.27%	1.00%

Worksport's average Quarter SG&A projection for Dec 23 is $35.56M, based on 1 Wall Street analysts, with a range of $35.56M to $35.56M. The forecast indicates a 786.57% rise compared to WKSP last annual SG&A of $4.01M (Sep 23).

Worksport EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.23	$-0.22	$-0.19	$-0.17	$-0.20	$-0.17	$-0.28
Avg Forecast	-	-	-	-	$-0.04	$-0.05	$-0.08	$-0.10	$-0.11	$-0.13	$-0.13	$-0.19	$-0.24	$-0.25	$-0.22	$-0.22	$-0.22	$-0.15	$-0.10	$-0.10
High Forecast	-	-	-	-	$-0.04	$-0.05	$-0.08	$-0.10	$-0.11	$-0.13	$-0.13	$-0.19	$-0.24	$-0.25	$-0.22	$-0.22	$-0.22	$-0.15	$-0.10	$-0.10
Low Forecast	-	-	-	-	$-0.04	$-0.05	$-0.08	$-0.10	$-0.11	$-0.13	$-0.13	$-0.19	$-0.24	$-0.25	$-0.22	$-0.22	$-0.22	$-0.15	$-0.10	$-0.10
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.92%	1.00%	0.86%	0.77%	1.29%	1.70%	2.95%

According to undefined Wall Street analysts, Worksport's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to WKSP previous annual EPS of $NaN (undefined).

Worksport Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
LIDR	AEye	$1.30	$12.00	823.08%	Buy
CVGI	Commercial Vehicle Group	$2.37	$10.00	321.94%	Buy
WKSP	Worksport	$0.99	$1.50	51.52%	Buy
LEA	Lear	$94.71	$140.67	48.53%	Buy
ADNT	Adient	$17.60	$26.00	47.73%	Hold
ALV	Autoliv	$94.34	$121.17	28.44%	Buy
AEVA	Aeva	$4.05	$5.00	23.46%	Hold
QS	QuantumScape	$5.31	$6.15	15.82%	Hold
MOD	Modine Manufacturing Company	$127.67	$145.00	13.57%	Buy
HYLN	Hyliion	$2.76	$3.13	13.41%	Buy
MBLY	Mobileye Global	$19.64	$21.33	8.60%	Buy
DAN	Dana	$12.17	$13.00	6.82%	Buy
LAZR	Luminar	$6.20	$6.33	2.10%	Buy
INVZ	Innoviz	$1.23	$1.00	-18.70%	Buy

WKSP Forecast FAQ

Is Worksport a good buy?

Yes, according to 1 Wall Street analysts, Worksport (WKSP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of WKSP's total ratings.

What is WKSP's price target?

Worksport (WKSP) average price target is $1.5 with a range of $1.5 to $1.5, implying a 79.73% from its last price of $0.835. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Worksport stock go up soon?

According to Wall Street analysts' prediction for WKSP stock, the company can go up by 79.73% (from the last price of $0.835 to the average price target of $1.5), up by 79.73% based on the highest stock price target, and up by 79.73% based on the lowest stock price target.

Can Worksport stock reach $1?

WKSP's average twelve months analyst stock price target of $1.5 supports the claim that Worksport can reach $1 in the near future.

What are Worksport's analysts' financial forecasts?

Worksport's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $28.8M (high $28.8M, low $28.8M), average EBITDA is $-23.864M (high $-23.864M, low $-23.864M), average net income is $-7.947M (high $-7.947M, low $-7.947M), average SG&A $853.54M (high $853.54M, low $853.54M), and average EPS is $-0.27 (high $-0.27, low $-0.27). WKSP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $43.1M (high $43.1M, low $43.1M), average EBITDA is $-35.712M (high $-35.712M, low $-35.712M), average net income is $0 (high $0, low $0), average SG&A $1.28B (high $1.28B, low $1.28B), and average EPS is $0 (high $0, low $0).

Did the WKSP's actual financial results beat the analysts' financial forecasts?

Based on Worksport's last annual report (Dec 2022), the company's revenue was $116.5K, which missed the average analysts forecast of $587.5K by -80.17%. Apple's EBITDA was $-11.872M, beating the average prediction of $-504K by 2256.82%. The company's net income was $-12.222M, missing the average estimation of $-18.806M by -35.01%. Apple's SG&A was $12.84M, missing the average forecast of $17.41M by -26.24%. Lastly, the company's EPS was $-0.72, beating the average prediction of $-0.695 by 3.60%. In terms of the last quarterly report (Sep 2023), Worksport's revenue was $458.48K, missing the average analysts' forecast of $500K by -8.30%. The company's EBITDA was $-3.92M, beating the average prediction of $-414K by 846.04%. Worksport's net income was $-3.949M, missing the average estimation of $-7.358M by -46.33%. The company's SG&A was $4.01M, missing the average forecast of $14.82M by -72.93%. Lastly, the company's EPS was $-0.23, missing the average prediction of $-0.25 by -8.00%