Workiva (NYSE:WK) Issues Q1 2025 Earnings Guidance

Workiva (NYSE:WK) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.070-0.070 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

WK has been the subject of several research analyst reports. Raymond James upgraded shares of Workiva from a “market perform” rating to an “outperform” rating and set a $135.00 price objective for the company in a research note on Friday, January 3rd. Robert W. Baird raised 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. 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 report on Tuesday, January 14th. BMO Capital Markets increased their price objective on Workiva from $96.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, Citigroup lifted their target price on shares of Workiva from $116.00 to $128.00 and gave the company a “buy” rating in a report on Monday, December 16th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $122.14.

Workiva Stock Down 0.2 %

Shares of NYSE WK traded down $0.19 during mid-day trading on Tuesday, hitting $83.83. 763,379 shares of the company were exchanged, compared to its average volume of 660,229. The stock has a 50 day simple moving average of $103.34 and a 200-day simple moving average of $90.79. Workiva has a 1-year low of $65.47 and a 1-year high of $116.83. The firm has a market cap of $4.64 billion, a price-to-earnings ratio of -91.11 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.