Workiva (NYSE:WK) Updates FY 2025 Earnings Guidance

Key Points

• Workiva has updated its FY 2025 earnings guidance, projecting earnings per share between 1.310-1.380, significantly higher than the consensus estimate of 1.044, and revenue guidance of $870.0 million-$873.0 million compared to a consensus of $866.3 million.
• Despite the positive guidance, shares of Workiva declined 3.9% on Thursday, closing at $63.89, with a significant trading volume of 719,679 shares.
• Brokerage firms have revised their target prices for Workiva, with Stifel Nicolaus reducing it from $120.00 to $100.00, while the average target price across analysts is currently $101.30.

Workiva (NYSE:WK - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.310-1.380 for the period, compared to the consensus earnings per share estimate of 1.044. The company issued revenue guidance of $870.0 million-$873.0 million, compared to the consensus revenue estimate of $866.3 million. Workiva also updated its Q3 2025 guidance to 0.370-0.410 EPS.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WK. Stifel Nicolaus dropped their target price on Workiva from $120.00 to $100.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. The Goldman Sachs Group decreased their target price on shares of Workiva from $118.00 to $105.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Citigroup reaffirmed a "buy" rating and issued a $105.00 price objective (down previously from $108.00) on shares of Workiva in a research note on Wednesday, July 16th. Raymond James Financial lowered their target price on shares of Workiva from $125.00 to $105.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. Finally, Truist Financial reduced their price target on Workiva from $120.00 to $95.00 and set a "buy" rating for the company in a research report on Monday, April 7th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $101.30.

Workiva Stock Down 3.9%

Shares of WK stock traded down $2.61 on Thursday, reaching $63.89. The stock had a trading volume of 719,679 shares, compared to its average volume of 653,886. The firm's 50-day moving average is $67.54 and its two-hundred day moving average is $77.92. The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of -54.61 and a beta of 0.86. Workiva has a 12 month low of $60.50 and a 12 month high of $116.83.

Workiva (NYSE:WK - Get Free Report) last announced its earnings results on Thursday, July 31st. The software maker reported ($0.32) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by ($0.37). On average, sell-side analysts forecast that Workiva will post -0.92 earnings per share for the current fiscal year.

Institutional Trading of Workiva

A hedge fund recently bought a new stake in Workiva stock. Empowered Funds LLC bought a new position in shares of Workiva Inc. (NYSE:WK - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,552 shares of the software maker's stock, valued at approximately $421,000. 92.21% of the stock is currently owned by institutional investors.

Workiva Company Profile

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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