Worksport Ltd (WKSP)
NASDAQConsumer DiscretionaryAuto - PartsSnapshot 2026-09-04
$0.56-3.35%
Close 2026-09-04 · 1-day change
NASDAQConsumer DiscretionaryAuto - PartsSnapshot 2026-09-04
QuarterlyIQ Insights · WKSP
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -41.1% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 82.2% |
Growth built into the price is above our model estimate.
The price assumes 123.4 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name is a smaller-cap name (higher miss base rate) and has erratic recent earnings surprises. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 32 industry peers · Company calendar date is not available
WKSP — legal / regulatory event — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standar…
Dated 2026-08-14
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 13, 2026, Worksport Ltd. (the “Company”) received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that, based upon the closing bid price of the Company’s common stock for the 30 consecutive business days from July 1, 2026 through August 12, 2026, the Company no longer satisfies the minimum bid price requirement…
Why it matters: The result will affect Worksport's listing status and how investors feel.
Worry ifWorksport fixed the delisting notice. It keeps its Nasdaq listing.
Less concerning ifWorksport fails to address the delisting notice and is removed from Nasdaq.
Why it matters: Positive cash flow is a key goal for Worksport. It shows the company is getting stable.
Supportive ifManagement says positive cash flow will happen in the second half of 2026.
Worry ifManagement says cash flow will stay negative after Q2 2026.
Why it matters: Hitting the $36 million revenue target shows Worksport is growing and its products are accepted.
Supportive ifManagement says revenue run-rate is at or above $36 million.
Worry ifManagement says the revenue run-rate is under $36 million.
Why it matters: New partnerships could drive revenue growth and validate the expansion strategy. This is important for future sales.
Supportive ifAnnouncement of at least two new B2B or B2C partnerships.
Worry ifNo new partnerships announced by the end of Q2 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$397 on $10,000 · ±4.0% | How much price usually moves either way. |
| Bad day | $947 loss on $10,000 · 9.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $8,707 loss on $10,000 · 87.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Growth in B2B sales channels is vital for overall revenue expansion.
Supportive ifB2B sales reported to increase by over 20% quarter over quarter.
Worry ifB2B sales decline or remain flat quarter over quarter.
Why it matters: A gross margin above 35% shows Worksport can control costs and grow sales. This helps long-term profits.
Supportive ifGross margin is stable or rising above 35% in the coming months.
Worry ifGross margin drops below 35% in the next financial report.
Why it matters: Success in expanding sales channels is vital for revenue growth in fiscal 2026.
Watch forRevenue growth attributed to B2B and B2C channels in Q2 2026.
Also watch forNo revenue growth attributed to B2B and B2C channels in Q2 2026.
Why it matters: New distribution partnerships can drive sales growth. Worksport's success depends on expanding its market reach.
Supportive ifNew partners may be announced. Current partners may also grow.
Worry ifNo new distribution partners will be announced next quarter.
Why it matters: Sustaining strong revenue growth is key to meeting the $35-$42M target for 2026. A strong Q3 would show that the growth trend is continuing.
Supportive ifQ3 revenue exceeds $6.56 million, which is a 25% increase from Q2's $5.23 million.
Worry ifQ3 revenue falls below $5.23 million, indicating a slowdown in growth.
Why it matters: Keeping a gross margin above 30% is important for making money. It helps reach a 35% margin by 2026.
Supportive ifQ3 gross margin stays above 30%. This shows that margins are stable.
Worry ifQ3 gross margin falls below 30%. This shows possible problems with managing costs.
Why it matters: Using less cash is key for positive cash flow by the end of 2026. A drop shows better efficiency.
Supportive ifQ3 operating cash use is below $3.44 million. This shows better cash management.
Worry ifQ3 operating cash use is above $3.44 million. This suggests cash flow problems continue.