
Worksport Ltd (WKSP) Stock Forecast & Price Target
Worksport Ltd (WKSP) Analyst Ratings
Bulls say
Worksport Ltd is projecting a significant increase in revenue, with an anticipated $21.3 million for 2025, which is an increase from previous estimates, and expects to meet full-year revenue guidance that reflects a growth of 135% to over 300% from 2024 levels. The company is also raising its gross margin expectations, forecasting margins will exceed 30% in the second half of 2025, driven by higher-margin products and improved scale. Additionally, the increase in active dealers and a substantial 70% growth in B2B sales sequentially in March further bolsters the company's outlook for sustainable profitability and potential multiple expansion in the near term.
Bears say
Worksport Ltd has faced substantial share price depreciation, with a decline of 71.1% in 2025, significantly outpacing the 15.2% reduction in the Russell 2000, indicating investor skepticism despite operational improvements. The company's first-quarter 2025 revenue of $2.2 million fell short of expectations and was down from the previous quarter, reflecting challenges in maintaining growth during a seasonally slower period. Furthermore, EBITDA loss estimates have worsened, with an expected loss of $33.0 million, which contributes to a negative outlook for the company's financial stability and stock performance.
This aggregate rating is based on analysts' research of Worksport Ltd and is not a guaranteed prediction by Public.com or investment advice.
Worksport Ltd (WKSP) Analyst Forecast & Price Prediction
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