Maxim Group initiated coverage on Worksport with a new price target
$WKSP
Auto Parts:O.E.M.
Consumer Discretionary
Maxim Group initiated coverage of Worksport with a rating of Buy and set a new price target of $8.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/29/2021 | $8.00 | Buy | Maxim Group |
Purpose-built for the professional user, six models available now and over 25 models expected by December. West Seneca, New York, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator in advanced manufacturing and distributed clean energy technologies, serving both consumer and industrial markets, today that its new HD3 Heavy-Duty tonneau cover has officially entered production. The HD3 is a new hard-folding truck bed cover engineered for commercial and fleet applications, building on the success of Worksport's AL3 and AL4 series. Purpose-Built For Uptime And Protection The HD3 represents Worksport's newest addition to its
Margins surpassing 31%, along with 62% year-over-year topline growth to a $5MM quarter, underscore accelerating U.S. manufacturing scale and profitability before the commercialization of the next line of products: SOLIS™, COR™, and Aetherlux™ by Terravis. West Seneca, New York, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator in advanced manufacturing and distributed clean energy technologies, serving both consumer and industrial markets, today announced its unaudited top-line results for the third quarter of 2025, reporting the highest quarterly revenue and gross profit in Company history. Q3 2025 Top-Line Highlights (
Offering complete with capital overhang removed; $4.50 warrants provide future success-based capital as Worksport targets Q4 flagship launches and growth execution. West Seneca, New York, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator in advanced manufacturing and distributed clean energy technologies, serving both consumer and industrial markets, today announced the successful completion of its $10 million Regulation A offering, a major milestone that removes near-term capital uncertainty and positions the Company to accelerate product launches and operational growth initiatives across its clean-energy and automotive
Maxim Group initiated coverage of Worksport with a rating of Buy and set a new price target of $8.00
8-K - Worksport Ltd (0001096275) (Filer)
PRE 14A - Worksport Ltd (0001096275) (Filer)
8-K - Worksport Ltd (0001096275) (Filer)
4 - Worksport Ltd (0001096275) (Issuer)
4 - Worksport Ltd (0001096275) (Issuer)
4 - Worksport Ltd (0001096275) (Issuer)
4 - Worksport Ltd (0001096275) (Issuer)
Company Reaffirms ≥$20 Million 2025 Revenue Target and Highlights Clear Path to Near-Term Operational Cash Flow Positivity West Seneca, New York, Aug. 13, 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, today announced record financial and operational results for the quarter ended June 30, 2025 ("Q2 2025") and reaffirmed full-year 2025 revenue guidance of at least $20 million. Q2 2025 Highlights Worksport delivered its highest quarterly revenue in Company history, with net sales of $4.10 million, up 114% y
Strong Growth in Business Fundamentals, Increased Brand Visibility, and New Strategic Conversations Signal Continued Momentum into Q3 and Q4 2025 West Seneca, New York, Aug. 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, today provided a strategic update highlighting continued expansion across key operational and financial verticals. These updates come ahead of the Company's Q2 2025 financial results releasing on August 13, 2025. 1. Worksport Doubles Bitcoin Holdings Amid Treasury Strategy Success Fol
2,499 Units Produced in 4 weeks of July, Doubling March 2025 OutputWest Seneca, New York--(Newsfile Corp. - August 5, 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 report its strongest 4-week production stretch to date. From early July through the final week of the month, the Company produced 2,499 tonneau covers—more than double the 1,234 units produced in March 2025 and reflecting over 100% sequential growth in just four months.Operational Scaling Drives Record PerformanceThis latest production milestone conti
SC 13G/A - Worksport Ltd (0001096275) (Subject)
SC 13G - Worksport Ltd (0001096275) (Subject)
SC 13G - Worksport Ltd (0001096275) (Subject)
Strategic Alliance Aims to Lower Legal Costs & Strengthen Market Position, Ahead of Major Product Launches West Seneca, New York, Jan. 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 pleased to announce that it increased its patent portfolio by approximately 25% in the last 12 months. It further announces that it has joined LOT Network, a not-for-profit global consortium of leading companies committed to preserving innovation. Global Patent Growth Worksport is proud to announce a ~25% growth in its
Strategic Alliance Aims to Lower Legal Costs & Strengthen Market Position, Ahead of Major Product LaunchesWest Seneca, New York--(Newsfile Corp. - January 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 pleased to announce that it increased its patent portfolio by approximately 25% in the last 12 months. It further announces that it has joined LOT Network, a not-for-profit global consortium of leading companies committed to preserving innovation.Global Patent GrowthWorksport is proud to announce a ~25% growth in its glob
Solving Two Key Market Challenges; Successful R&D Has Achieved a Solution Expected to Revolutionize Home Heating & Cooling, While Being Affordable and Highly Efficient. West Seneca, New York, Jan. 22, 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, proudly announces that its subsidiary, Terravis Energy [LLC] ("TVE"), a [Delaware] [limited liability company], has developed a groundbreaking heat pump solution that it believes fulfills the future of home heating and cooling. This latest R&D breakthrough is proj