Workiva (NYSE:WK) Issues FY 2025 Earnings Guidance

Workiva (NYSE:WK) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.020-1.090 for the period, compared to the consensus estimate of 1.290. The company issued revenue guidance of $864.0 million-$868.0 million, compared to the consensus revenue estimate of $851.9 million. Workiva also updated its Q1 2025 guidance to 0.070-0.070 EPS.

Workiva Stock Down 0.2 %

Workiva stock traded down $0.19 during mid-day trading on Tuesday, reaching $83.83. 763,379 shares of the company’s stock were exchanged, compared to its average volume of 660,229. The business’s fifty day simple moving average is $103.34 and its 200 day simple moving average is $90.79. Workiva has a one year low of $65.47 and a one year high of $116.83. The firm has a market capitalization of $4.64 billion, a PE ratio of -91.11 and a beta of 1.06.

Analyst Ratings Changes

Several analysts have commented on the stock. BMO Capital Markets lifted their price objective on shares of Workiva from $96.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Citigroup lifted their price target on shares of Workiva from $116.00 to $128.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Raymond James raised Workiva from a “market perform” rating to an “outperform” rating and set a $135.00 price objective for the company in a report on Friday, January 3rd. Stifel Nicolaus upgraded Workiva from a “hold” rating to a “buy” rating and boosted their target price for the company from $102.00 to $130.00 in a research note on Wednesday, December 18th. Finally, Robert W. Baird increased their price target on Workiva from $110.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Workiva currently has an average rating of “Moderate Buy” and an average price target of $122.14.

Workiva Company Profile

Workiva Inc, together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally. The company offers Workiva platform, a multi-tenant cloud software that provides data linking capabilities; audit trail services; administrators access management; and allows customers to connect data from multiple enterprise resource planning, human capital management, and customer relationship management systems, as well as other third-party cloud and on-premise applications.