Workiva Inc. (NYSE:WK – Free Report) – 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 – Get Free Report) 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.
Recommended Stories
- Five stocks we like better than Workiva
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- 3 Leveraged ETFs to Multiply Returns
- Top Biotech Stocks: Exploring Innovation Opportunities
- A Tale of Two Titans: Unveiling the Value in Baidu and JD.com
- Transportation Stocks Investing
- Is the AI-Capable iPhone 16 the Start of a Sales Super-Cycle?
Receive News & Ratings for Workiva Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Workiva and related companies with MarketBeat.com's FREE daily email newsletter.