Workiva (NYSE:WK) Issues Q1 2025 Earnings Guidance

Workiva (NYSE:WK) updated its first quarter 2025 earnings guidance on Tuesday. 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.

Workiva Trading Up 5.1 %

Workiva stock traded up $4.25 during trading on Wednesday, hitting $87.74. The company had a trading volume of 774,469 shares, compared to its average volume of 662,691. Workiva has a 1-year low of $65.47 and a 1-year high of $116.83. The company’s 50 day simple moving average is $102.83 and its 200-day simple moving average is $90.86. The stock has a market cap of $4.86 billion, a price-to-earnings ratio of -95.38 and a beta of 1.06.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on WK. Citigroup boosted their price target on Workiva from $128.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday. BMO Capital Markets cut their price target on Workiva from $120.00 to $108.00 and set an “outperform” rating for the company in a report on Wednesday. Robert W. Baird boosted their price target on Workiva from $110.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Raymond James upgraded Workiva from a “market perform” rating to an “outperform” rating and set a $135.00 price target for the company in a report on Friday, January 3rd. Finally, Stifel Nicolaus decreased their price objective on shares of Workiva from $130.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $121.57.

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.