Workiva (NYSE:WK) Posts Earnings Results

Workiva (NYSE:WK) released its earnings results on Tuesday. The software maker reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.47), Zacks reports. Workiva updated its FY 2025 guidance to 1.020-1.090 EPS and its Q1 2025 guidance to 0.070-0.070 EPS.

Workiva Stock Down 0.2 %

WK traded down $0.19 during midday trading on Tuesday, hitting $83.83. 763,455 shares of the company traded hands, compared to its average volume of 660,716. Workiva has a 52 week low of $65.47 and a 52 week high of $116.83. The company’s 50-day moving average is $103.34 and its 200 day moving average is $90.79. The firm has a market capitalization of $4.64 billion, a PE ratio of -91.11 and a beta of 1.06.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Raymond James upgraded shares of Workiva from a “market perform” rating to an “outperform” rating and set a $135.00 target price on the stock in a report on Friday, January 3rd. Robert W. Baird upped 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. BMO Capital Markets raised their target price on shares of Workiva from $96.00 to $104.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Citigroup boosted their price target on Workiva from $116.00 to $128.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, The Goldman Sachs Group raised 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. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Workiva has a consensus rating of “Moderate Buy” and an average target price of $122.14.

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.