Workiva (NYSE:WK) Updates FY 2025 Earnings Guidance

Workiva (NYSE:WK) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.020-1.090 for the period, compared to the consensus EPS 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

Several brokerages have recently issued reports on WK. Stifel Nicolaus reduced their price objective on Workiva from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday. BMO Capital Markets decreased their target price on shares of Workiva from $120.00 to $108.00 and set an “outperform” rating for the company in a research note on Wednesday. Citigroup upped their price objective on Workiva from $128.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday. The Goldman Sachs Group boosted their price objective on Workiva from $120.00 to $133.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Finally, Robert W. Baird increased their price objective on shares of Workiva from $110.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, December 13th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Workiva presently has an average rating of “Moderate Buy” and a consensus target price of $121.57.

Workiva Trading Up 5.1 %

Shares of WK traded up $4.25 during midday trading on Wednesday, reaching $87.74. The stock had a trading volume of 774,469 shares, compared to its average volume of 662,691. Workiva has a one year low of $65.47 and a one year high of $116.83. The firm has a 50 day simple moving average of $102.83 and a 200-day simple moving average of $90.86. The firm has a market cap of $4.86 billion, a PE ratio of -95.38 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.