Workiva (NYSE:WK) Releases 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.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. BMO Capital Markets lowered their target price on Workiva from $120.00 to $108.00 and set an “outperform” rating for the company in a report on Wednesday. Robert W. Baird upped their price target on Workiva from $110.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Citigroup upped their price target on Workiva from $128.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday. Stifel Nicolaus reduced their price target on Workiva from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Raymond James upgraded Workiva from a “market perform” rating to an “outperform” rating and set a $135.00 price target on the stock in a research report on Friday, January 3rd. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Workiva presently has a consensus rating of “Moderate Buy” and an average target price of $121.57.

Workiva Price Performance

Shares of Workiva stock traded down $1.45 on Thursday, hitting $87.87. 840,513 shares of the company’s stock traded hands, compared to its average volume of 686,221. Workiva has a one year low of $65.47 and a one year high of $116.83. The company has a fifty day moving average of $102.42 and a two-hundred day moving average of $90.85. The company has a market capitalization of $4.87 billion, a price-to-earnings ratio of -95.51 and a beta of 1.06.

About Workiva

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.