$0.61
0.38% today
Nasdaq, Nov 26, 04:51 pm CET
ISIN
US98139Q2093
Symbol
WKSP

Worksport Ltd Target price 2024 - Analyst rating & recommendation

Worksport Ltd Classifications & Recommendation:

Buy
100%

Worksport Ltd Price Target

Target Price $1.50
Price $0.61
Potential
Number of Estimates 1
1 Analyst has issued a Worksport Ltd price target 2025. The average Worksport Ltd target price is $1.50. This is higher than the current stock price.
A rating was issued by 1 analysts: 1 Analysts recommend Worksport Ltd to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Worksport Ltd stock has an average upside potential 2025 of . Most analysts recommend the Worksport Ltd stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Dec '23 2024
Estimates
Revenue Million $ 1.53 7.00
357.52%
EBITDA Margin -890.85% -140.00%
84.28%
Net Margin -1,697.57% -247.36%
85.43%

1 Analyst has issued a sales forecast Worksport Ltd 2024 . The average Worksport Ltd sales estimate is

$7.0m
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. This is
9.38% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$7.0m 9.38%
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, the lowest is
$7.0m 9.38%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $1.5m
2024
$7.0m 357.52%
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2025
$28.8m 311.43%
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2026
$43.1m 49.65%
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1 Analyst has issued an EBITDA forecast Worksport Ltd 2024 . The average Worksport Ltd EBITDA estimate is

$-9.8m
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. This is
29.45% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-9.8m 29.45%
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, the lowest is
$-9.8m 29.45%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-13.6m
2024
$-9.8m 28.10%
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2025
$-4.4m 55.10%
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2026
$-600k 86.36%
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EBITDA Margin

2023 -890.85%
2024
-140.00% 84.28%
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2025
-15.28% 89.09%
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2026
-1.39% 90.90%
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1 Analyst has issued a net profit forecast Worksport Ltd 2024 . The average Worksport Ltd net profit estimate is

$-17.3m
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. This is
15.13% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-17.3m 15.13%
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, the lowest is
$-17.3m 15.13%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-26.0m
2024
$-17.3m 33.31%
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2025
$-10.2m 41.11%
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2026
$-5.3m 48.43%
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Net Margin

2023 -1,697.57%
2024
-247.36% 85.43%
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2025
-35.43% 85.68%
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2026
-12.20% 65.57%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
Earnings Per Share $ -0.84 -0.56
33.33%
P/E negative
EV/Sales 3.45

1 Analysts have issued a Worksport Ltd forecast for earnings per share. The average Worksport Ltd <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.56
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. This is
15.15% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.56 15.15%
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, the lowest is
$-0.56 15.15%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-0.84
2024
$-0.56 33.33%
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2025
$-0.33 41.07%
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2026
$-0.17 48.48%
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P/E ratio

Current -0.92 60.52%
2024
-1.08 17.39%
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2025
-1.84 70.37%
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2026
-3.57 94.02%
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Based on analysts' sales estimates for 2024, the Worksport Ltd stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.77 99.10%
2024
3.45 8.49%
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2025
0.84 75.70%
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2026
0.56 33.18%
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P/S ratio

Current 3.13 99.18%
2024
2.86 8.57%
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2025
0.69 75.70%
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2026
0.46 33.18%
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