Workiva (WK) Projected to Post Quarterly Earnings on Thursday

Workiva (NYSE:WK - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.05 per share and revenue of $208.92 million for the quarter. Workiva has set its FY 2025 guidance at 1.020-1.090 EPS and its Q2 2025 guidance at 0.050-0.050 EPS.

Workiva (NYSE:WK - Get Free Report) last issued its earnings results on Thursday, May 1st. The software maker reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.07. The business had revenue of $206.28 million for the quarter, compared to the consensus estimate of $204.24 million. The company's quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 earnings per share. On average, analysts expect Workiva to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Workiva Price Performance

Shares of WK traded up $1.51 during trading hours on Friday, hitting $68.01. 380,048 shares of the company were exchanged, compared to its average volume of 510,160. The company has a market capitalization of $3.79 billion, a PE ratio of -58.13 and a beta of 0.86. The firm has a fifty day simple moving average of $67.68 and a 200-day simple moving average of $78.56. Workiva has a one year low of $60.50 and a one year high of $116.83.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on WK shares. Citigroup reaffirmed a "buy" rating and set a $105.00 target price (down previously from $108.00) on shares of Workiva in a research note on Wednesday, July 16th. Truist Financial lowered their target price on Workiva from $120.00 to $95.00 and set a "buy" rating on the stock in a research note on Monday, April 7th. BNP Paribas started coverage on shares of Workiva in a research report on Tuesday, April 22nd. They set an "outperform" rating and a $100.00 price objective on the stock. 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. Finally, Stifel Nicolaus cut their price target on shares of Workiva from $120.00 to $100.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $101.30.

Hedge Funds Weigh In On Workiva

A hedge fund recently bought a new stake in Workiva stock. Empowered Funds LLC acquired a new position in shares of Workiva Inc. (NYSE:WK - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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.

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.