Worksport Ltd (WKSP) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
Worksport Ltd (WKSP) stock forecast summary
Our AI ranks Worksport Ltd outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Worksport Ltd is a small-cap company with a market capitalization of $6M. It ranks number 34 by market capitalization among the 35 Motor Vehicle Parts & Accessories issuers in our coverage with a current forecast. Its P/B Ratio of 0.30x is the lowest of the 30 peers that report one.
For WKSP, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -5.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 1.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.0%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How WKSP ranks among 5172 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Worksport Ltd (WKSP) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Motor Vehicle Parts & Accessories peers listed below that report each metric.
Valuation & Market
| Metric | WKSP | Rank |
|---|---|---|
| Market Cap | $6M | 34/35 |
| P/B Ratio | 0.30x | 30/30 |
| EPS | $-1.73 | – |
| Book Value/Share | $1.26 | – |
| Revenue/Share | $0.99 | – |
| FCF/Share | $-1.50 | – |
Profitability & Margins
| Metric | WKSP | Rank |
|---|---|---|
| ROE | -109.8% | 23/25 |
| ROA | -74.6% | 26/29 |
| ROIC | -84.9% | 25/27 |
| Gross Margin | 36.7% | 5/34 |
| Operating Margin | -136.8% | 26/31 |
| Net Margin | -139.8% | 26/30 |
| EBT Margin | -140.4% | 30/35 |
Financial Health
| Metric | WKSP | Rank |
|---|---|---|
| Current Ratio | 3.79x | 3/34 |
| Quick Ratio | 0.72x | 30/33 |
| D/E Ratio | 0.47x | 29/31 |
| Financial Leverage | 1.47x | 27/29 |
| Interest Coverage | -29.8x | 25/27 |
| Working Capital | $11M | 29/34 |
Cash Flow
| Metric | WKSP | Rank |
|---|---|---|
| Operating Cash Flow | -$22M | 31/34 |
| Free Cash Flow | -$23M | 24/27 |
| Capital Spending | -$690K | 3/27 |
| FCF/Sales | -151.8% | 25/27 |
| CapEx/Sales | 4.6% | 4/27 |
Operational Efficiency
| Metric | WKSP | Rank |
|---|---|---|
| Asset Turnover | 0.53x | 23/26 |
| Receivables Turnover | 14.9x | 1/23 |
| Inventory Turnover | 1.1x | 30/31 |
| Fixed Assets Turnover | 1.2x | 26/27 |
| Days Sales Outstanding | 25 days | 23/23 |
| Days Inventory | 344 days | 2/32 |
| Payables Period | 69 days | 14/29 |
| Cash Conversion Cycle | 299 days | 1/21 |
Income Statement
| Metric | WKSP | Rank |
|---|---|---|
| Total Revenue | $15M | 27/28 |
| Operating Income | -$20M | 26/31 |
| Net Income | -$21M | 23/30 |
| R&D Expense | $1M | 15/19 |
| SG&A Expense | $24M | 29/29 |
| Cost of Goods Sold | $13M | 29/34 |
Dividend & Shareholder Information
| Metric | WKSP | Rank |
|---|---|---|
| Shares Outstanding | 15M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $15M | 53.2% of assets |
| Cash & Short-term Investments | $1M | 4.1% of assets |
| Accounts Receivable | $1M | 3.6% of assets |
| Inventory | $12M | 43.1% of assets |
| Total Liabilities | $9M | 32.2% of assets |
| Short-term Debt | $2M | 5.4% of assets |
WKSP quarterly financials and insider trading
Worksport Ltd (WKSP) industry peers
Companies classified under the same SEC industry code as Worksport Ltd (Motor Vehicle Parts & Accessories): 36 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| WKSP Worksport Ltd | ▲ | $6M |
| MGA Magna International Inc | ▶ | $18.49B |
| BWA Borgwarner Inc | ▶ | $11.84B |
| APTV Aptiv Plc | ▶ | $9.31B |
| ALSN Allison Transmission Holdings Inc | ▶ | $9.23B |
| ALV Autoliv Inc | ▶ | $8.49B |
| MOD Modine Manufacturing Co | ▲ | $7.91B |
| LEA Lear Corp | ▶ | $5.92B |
| GTX Garrett Motion Inc. | ▶ | $4.75B |
| GNTX Gentex Corp | ▶ | $4.43B |
| DORM Dorman Products, Inc. | ▼ | $3.68B |
| VGNT Versigent Plc | ▶ | $3.13B |
| DAN Dana Inc | ▶ | $3.12B |
| VC Visteon Corp | ▶ | $2.33B |
| PATK Patrick Industries Inc | ▼ | $2.19B |
| PHIN Phinia Inc. | ▶ | $2.12B |
| LCII Lci Industries | ▼ | $2.04B |
| THRM Gentherm Inc | ▶ | $1.58B |
| ADNT Adient Plc | ▶ | $1.40B |
| DCH Dauch Corp | ▲ | $1.15B |
| SMP Standard Motor Products, Inc. | ▼ | $825M |
| AEVA Aeva Technologies, Inc. | ▲ | $699M |
| CPS Cooper-Standard Holdings Inc. | ▲ | $370M |
| SCTH Securetech Innovations, Inc. | ▼ | $325M |
| HLLY Holley Inc. | ▲ | $302M |
| STRT Strattec Security Corp | ▶ | $241M |
| MPAA Motorcar Parts Of America Inc | ▶ | $195M |
| SRI Stoneridge Inc | ▶ | $173M |
| ECXJ Cxj Group Co., Ltd | ▼ | $132M |
| CVGI Commercial Vehicle Group, Inc. | ▶ | $117M |
| INVZ Innoviz Technologies Ltd. | ▲ | $81M |
| XOS Xos, Inc. | ▼ | $43M |
| LIDR Aeye, Inc. | ▶ | $41M |
| AZIO Azio Ai Holdings, Inc. | ▶ | $16M |
| OMTK Omnitek Engineering Corp | ▼ | $590K |
| ATVK Globaltek Ventures, Inc. | ▼ | N/A |
Where WKSP sits on the market map
Worksport Ltd (WKSP) stock news
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Worksport Ltd (WKSP) stock forecast FAQ
What is the Worksport Ltd (WKSP) stock forecast?
Our AI ranks Worksport Ltd outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Worksport Ltd stock predictions?
For WKSP, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -5.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 1.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Worksport Ltd forecasts updated?
Worksport Ltd forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Worksport Ltd's industry peers?
36 issuers in our coverage, WKSP included, share the SEC industry code Motor Vehicle Parts & Accessories. The largest are: Magna International Inc (MGA), Borgwarner Inc (BWA), Aptiv Plc (APTV), Allison Transmission Holdings Inc (ALSN), Autoliv Inc (ALV), Modine Manufacturing Co (MOD).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.