Workiva Inc. (NYSE:WK) Expected to Post Q1 2025 Earnings of ($0.14) Per Share

Workiva Inc. (NYSE:WK) – Stock analysts at Northland Capmk issued their Q1 2025 earnings estimates for Workiva in a report issued on Wednesday, September 11th. Northland Capmk analyst M. Grondahl anticipates that the software maker will earn ($0.14) per share for the quarter. The consensus estimate for Workiva’s current full-year earnings is ($0.86) per share. Northland Capmk also issued estimates for Workiva’s Q2 2025 earnings at ($0.19) EPS, Q3 2025 earnings at ($0.09) EPS, Q4 2025 earnings at $0.08 EPS and FY2025 earnings at ($0.34) EPS.

Other equities analysts have also issued research reports about the stock. StockNews.com lowered shares of Workiva from a “buy” rating to a “hold” rating in a research report on Saturday, August 3rd. Citigroup increased their price objective on shares of Workiva from $103.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, June 28th. BMO Capital Markets reiterated an “outperform” rating and set a $96.00 price objective on shares of Workiva in a research report on Tuesday, June 11th. Northland Securities lowered their price objective on shares of Workiva from $106.00 to $95.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. Finally, Robert W. Baird lowered their price objective on shares of Workiva from $105.00 to $94.00 and set an “outperform” rating for the company in a research report on Thursday, June 27th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Workiva presently has an average rating of “Moderate Buy” and a consensus price target of $95.00.

Workiva Stock Performance

Shares of NYSE:WK opened at $70.92 on Friday. The firm has a fifty day moving average price of $74.65 and a 200 day moving average price of $78.08. Workiva has a fifty-two week low of $65.47 and a fifty-two week high of $116.00.

Workiva (NYSE:WK) last posted its quarterly earnings results on Thursday, August 1st. The software maker reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The business had revenue of $177.50 million for the quarter, compared to analyst estimates of $175.22 million. During the same period in the prior year, the firm posted ($0.36) EPS. Workiva’s revenue for the quarter was up 14.5% on a year-over-year basis.

Institutional Investors Weigh In On Workiva

Several large investors have recently modified their holdings of WK. Norges Bank bought a new stake in shares of Workiva in the 4th quarter valued at about $57,025,000. Champlain Investment Partners LLC grew its position in shares of Workiva by 58.2% in the 1st quarter. Champlain Investment Partners LLC now owns 1,340,114 shares of the software maker’s stock worth $113,642,000 after buying an additional 492,945 shares during the last quarter. Brown Capital Management LLC grew its position in shares of Workiva by 22.6% in the 4th quarter. Brown Capital Management LLC now owns 1,271,707 shares of the software maker’s stock worth $129,116,000 after buying an additional 234,255 shares during the last quarter. Conestoga Capital Advisors LLC grew its position in shares of Workiva by 21.4% in the 1st quarter. Conestoga Capital Advisors LLC now owns 1,156,215 shares of the software maker’s stock worth $98,047,000 after buying an additional 203,485 shares during the last quarter. Finally, Swedbank AB purchased a new position in shares of Workiva in the 1st quarter worth approximately $16,180,000. Institutional investors own 92.21% of the company’s stock.

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.