Worksport (WKSP) to Post Earnings on Tuesday

Worksport (NASDAQ:WKSP) is projected to release its Q2 2026 results after the market closes on Tuesday, August 11th. Analysts expect Worksport to announce earnings of ($0.44) per share and revenue of $4.50 million for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, August 11, 2026 at 4:30 PM ET.

Worksport (NASDAQ:WKSP) last announced its earnings results on Wednesday, May 13th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.51) by ($0.03). The company had revenue of $3.31 million for the quarter, compared to analysts’ expectations of $5.33 million. Worksport had a negative net margin of 120.65% and a negative return on equity of 103.67%.

Worksport Stock Up 4.5%

Shares of WKSP stock traded up $0.03 on Tuesday, hitting $0.71. The stock had a trading volume of 214,745 shares, compared to its average volume of 2,617,740. The stock’s 50 day moving average is $0.76 and its 200-day moving average is $1.14. The firm has a market capitalization of $10.89 million, a price-to-earnings ratio of -0.26 and a beta of 0.22. Worksport has a 52-week low of $0.57 and a 52-week high of $4.30. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.27 and a current ratio of 1.95.

Insider Activity

In related news, CEO Steven F. Rossi purchased 79,618 shares of Worksport stock in a transaction dated Friday, June 5th. The shares were acquired at an average price of $0.63 per share, with a total value of $50,159.34. Following the completion of the transaction, the chief executive officer owned 2,693,703 shares of the company’s stock, valued at approximately $1,697,032.89. This trade represents a 3.05% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 5.84% of the company’s stock.

Institutional Trading of Worksport

Several hedge funds and other institutional investors have recently bought and sold shares of WKSP. State Street Corp acquired a new stake in Worksport during the fourth quarter valued at approximately $34,000. XTX Topco Ltd acquired a new position in shares of Worksport in the 4th quarter worth approximately $38,000. Centiva Capital LP acquired a new position in shares of Worksport in the 3rd quarter worth approximately $63,000. Geode Capital Management LLC increased its holdings in shares of Worksport by 11.2% in the 2nd quarter. Geode Capital Management LLC now owns 33,259 shares of the company’s stock valued at $94,000 after acquiring an additional 3,338 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Worksport by 225.2% in the 4th quarter. LPL Financial LLC now owns 54,067 shares of the company’s stock valued at $115,000 after acquiring an additional 37,440 shares during the last quarter. 16.11% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

WKSP has been the topic of a number of recent analyst reports. Maxim Group set a $2.00 price objective on shares of Worksport and gave the stock a “buy” rating in a report on Friday, May 15th. Wall Street Zen raised Worksport from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 13th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Worksport in a research note on Wednesday, July 8th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Worksport currently has an average rating of “Hold” and a consensus price target of $6.75.

Worksport Company Profile

Worksport Ltd. is an Israeli-based designer, developer and global supplier of innovative automotive accessories, with a primary focus on pickup truck bed covers. The company’s core offerings include a range of hard and soft tonneau covers under brands such as ROLL, FLEXIT and SOLAR, engineered to provide truck owners with enhanced utility, security and weather protection. Worksport leverages advanced polymer materials and patented folding mechanisms to deliver lightweight, durable solutions that are easy to install and operate.

In recent years, Worksport has expanded its product portfolio to incorporate solar technology, introducing integrated solar tonneau covers capable of generating power for auxiliary truck systems or charging batteries for recreational and off-grid applications.