Wksp stock forecast in the WKSP stock forecast
In the WKSP stock forecast, momentum indicators such as MACD have turned positive for the first time since May, suggesting possible strength in near-term price action. Back in August, Worksport reported just as impressive second quarter results for the period ended on June 30th, with revenue rising 860% YoY and 275% sequentially as it reached a new record of $1.92 million, and this was before several key launches. In September, Worksport launched the Alpha release of its clean energy off-grid power duo, the SOLIS solar-powered tonneau cover and COR portable battery system. The full launch is expected next year, while the AL4 tonneau cover will be released in the fourth quarter, bringing in substantial revenue in 2025. In 2025, Worksport is aiming to make 200 tonneau covers per day as well as to achieve cash flow positivity. Moreover, Worksport opened another growth pathway by getting a U.S. government agency among its buyers. Worksport’s significant revenue growth and strategic initiatives are overshadowed by financial instability and bearish technical indicators. High debt, negative valuation, and ongoing financial risks weigh heavily on the stock despite positive growth prospects. Seasonal patterns in the WKSP stock forecast imply Q4 tends to outperform, with October and November historically showing 5% average monthly gains since
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