Workiva Inc. (NYSE:WK – Free Report) – William Blair cut their Q1 2025 earnings per share estimates for Workiva in a report issued on Wednesday, February 26th. William Blair analyst J. Roberge now forecasts that the software maker will post earnings of ($0.41) per share for the quarter, down from their prior forecast of ($0.16). The consensus estimate for Workiva’s current full-year earnings is ($0.92) per share. William Blair also issued estimates for Workiva’s Q2 2025 earnings at ($0.32) EPS, Q3 2025 earnings at ($0.19) EPS, Q4 2025 earnings at ($0.07) EPS, FY2025 earnings at ($0.96) EPS, Q1 2026 earnings at ($0.05) EPS, Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at $0.00 EPS and FY2026 earnings at ($0.07) EPS.
A number of other research firms have also commented on WK. BMO Capital Markets decreased their price objective on Workiva from $120.00 to $108.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 26th. Stifel Nicolaus decreased their price target on shares of Workiva from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. The Goldman Sachs Group lifted their price target on shares of Workiva from $120.00 to $133.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Raymond James raised shares of Workiva from a “market perform” rating to an “outperform” rating and set a $135.00 target price for the company in a research note on Friday, January 3rd. Finally, Citigroup boosted their price target on Workiva from $128.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Workiva currently has an average rating of “Moderate Buy” and a consensus target price of $121.57.
Workiva Stock Performance
Shares of WK stock opened at $86.32 on Monday. The stock has a market cap of $4.78 billion, a PE ratio of -93.83 and a beta of 1.06. The stock has a fifty day moving average price of $101.41 and a 200 day moving average price of $91.12. Workiva has a 1 year low of $65.47 and a 1 year high of $116.83.
Institutional Investors Weigh In On Workiva
Institutional investors have recently bought and sold shares of the business. Versor Investments LP acquired a new position in shares of Workiva during the 3rd quarter valued at $1,217,000. SG Americas Securities LLC raised its position in Workiva by 141.6% in the fourth quarter. SG Americas Securities LLC now owns 9,341 shares of the software maker’s stock valued at $1,023,000 after purchasing an additional 5,475 shares during the period. TimesSquare Capital Management LLC lifted its stake in shares of Workiva by 4.3% during the third quarter. TimesSquare Capital Management LLC now owns 467,769 shares of the software maker’s stock worth $37,010,000 after purchasing an additional 19,095 shares in the last quarter. Mutual of America Capital Management LLC boosted its position in shares of Workiva by 138.8% in the third quarter. Mutual of America Capital Management LLC now owns 54,059 shares of the software maker’s stock worth $4,277,000 after buying an additional 31,421 shares during the period. Finally, Nordea Investment Management AB acquired a new stake in shares of Workiva in the fourth quarter valued at about $59,894,000. 92.21% of the stock is currently owned by hedge funds and other institutional investors.
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.
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