Workiva (NYSE:WK – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.070-0.070 for the period, compared to the consensus EPS estimate of 0.270. The company issued revenue guidance of $203.0 million-$205.0 million, compared to the consensus revenue estimate of $203.4 million. Workiva also updated its FY 2025 guidance to 1.020-1.090 EPS.
Workiva Trading Down 1.6 %
Shares of WK stock traded down $1.45 during trading on Thursday, reaching $87.87. 842,474 shares of the company’s stock traded hands, compared to its average volume of 686,273. Workiva has a 1 year low of $65.47 and a 1 year high of $116.83. The firm’s 50-day moving average is $102.42 and its 200 day moving average is $90.85. The company has a market capitalization of $4.87 billion, a P/E ratio of -95.51 and a beta of 1.06.
Analyst Upgrades and Downgrades
WK has been the topic of a number of analyst reports. The Goldman Sachs Group lifted their price target on Workiva from $120.00 to $133.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. BMO Capital Markets lowered their price objective on Workiva from $120.00 to $108.00 and set an “outperform” rating for the company in a research report on Wednesday. Citigroup raised their price objective on Workiva from $128.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday. Robert W. Baird boosted their price objective on shares of Workiva from $110.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Finally, Stifel Nicolaus dropped their price target on shares of Workiva from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $121.57.
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.
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