Should I buy or sell Workiva stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workiva in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WK shares. View WK analyst ratings or view top-rated stocks .

What is Workiva's stock price target for 2024?

5 Wall Street analysts have issued 1-year target prices for Workiva's stock. Their WK share price targets range from $92.00 to $134.00. On average, they anticipate the company's share price to reach $115.38 in the next year. This suggests a possible upside of 21.1% from the stock's current price. View analysts price targets for WK or view top-rated stocks among Wall Street analysts .

How have WK shares performed in 2023?

Workiva's stock was trading at $83.97 on January 1st, 2023. Since then, WK shares have increased by 13.5% and is now trading at $95.30. View the best growth stocks for 2023 here .

When is Workiva's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024. View our WK earnings forecast .

How were Workiva's earnings last quarter?

Workiva Inc. (NYSE:WK) released its quarterly earnings results on Monday, October, 30th. The software maker reported ($1.01) earnings per share for the quarter, missing analysts' consensus estimates of ($0.35) by $0.66. The software maker had revenue of $158.18 million for the quarter, compared to analysts' expectations of $155.45 million. Workiva had a negative net margin of 22.60% and a negative trailing twelve-month return on equity of 26,521.01%.

What ETFs hold Workiva's stock?

ETFs with the largest weight of Workiva (NYSE:WK) stock in their portfolio include Global X Cloud Computing ETF (CLOU) , Invesco Dynamic Software ETF (PSJ) , First Trust Cloud Computing ETF (SKYY) , Nuveen Small Cap Select ETF (NSCS) , WisdomTree Cloud Computing Fund (WCLD) , Hypatia Women Ceo ETF (WCEO) , ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) and Direxion Daily Cloud Computing Bull 2x (CLDL) .

What guidance has Workiva issued on next quarter's earnings?

Workiva issued an update on its fourth quarter earnings guidance on Monday, October, 30th. The company provided earnings per share (EPS) guidance of $0.21-0.23 for the period, compared to the consensus estimate of $0.16. The company issued revenue guidance of $164-165 million, compared to the consensus revenue estimate of $166.65 million.

What is Martin Vanderploeg's approval rating as Workiva's CEO?

62 employees have rated Workiva Chief Executive Officer Martin Vanderploeg on Glassdoor.com . Martin Vanderploeg has an approval rating of 95% among the company's employees. This puts Martin Vanderploeg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 84.0% of employees surveyed would recommend working at Workiva to a friend.

What other stocks do shareholders of Workiva own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Workiva investors own include Twilio (TWLO) , Advanced Micro Devices (AMD) , Bank of America (BAC) , NVIDIA (NVDA) , Block (SQ) , AbbVie (ABBV) , Adobe (ADBE) , Cisco Systems (CSCO) , Intelsat (I) and Verizon Communications (VZ) .

When did Workiva IPO?

(WK) raised $101 million in an IPO on Friday, December 12th 2014. The company issued 7,200,000 shares at a price of $13.00-$15.00 per share. Morgan Stanley and Credit Suisse acted as the underwriters for the IPO and Baird, Raymond James and Stifel were co-managers.

Who are Workiva's major shareholders?

Workiva's stock is owned by many different institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (3.57%), FMR LLC (3.41%), Ameriprise Financial Inc. (2.86%), Artisan Partners Limited Partnership (2.26%), Invesco Ltd. (2.18%) and Brown Advisory Inc. (2.04%). Insiders that own company stock include Brandon Ziegler , Brigid A Bonner , Jeff D Trom , Jill Klindt , Julie Iskow , Martin J Vanderploeg, Martin J Vanderploeg , Michael D Hawkins , Michael M Crow , Mithun Banarjee , Robert H Herz and Robert Scott Brogi. View institutional ownership trends .

How do I buy shares of Workiva?

Shares of WK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Workiva (WK) Stock Price, News & Analysis

$95.30

-0.43 (-0.45%)

(As of 12/8/2023 08:58 PM ET)

Compare

Today's Range: $94.38
▼
$97.34
50-Day Range: $85.16
▼
$101.63
52-Week Range: $77.81
▼
$116.00

Volume: 379,700 shs
Average Volume: 394,200 shs
Market Capitalization: $5.15 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $115.38

Workiva MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 21.1% Upside
$115.38 Price Target
Short Interest: Healthy
5.51% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.36
Upright™ Environmental Score
News Sentiment: 0.61
Based on 2 Articles This Week
Insider Trading: Selling Shares
$425,339 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($2.35) to ($0.82) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

Computer And Technology Sector

335th out of 586 stocks

Prepackaged Software Industry

101st out of 187 stocks

2.4

Analyst's Opinion

Consensus Rating
Workiva has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $115.38, Workiva has a forecasted upside of 21.1% from its current price of $95.30.
Amount of Analyst Coverage
Workiva has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.51% of the outstanding shares of Workiva have been sold short.
Short Interest Ratio / Days to Cover
Workiva has a short interest ratio ("days to cover") of 7.2.
Change versus previous month
Short interest in Workiva has recently decreased by 8.31%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Workiva does not currently pay a dividend.
Dividend Growth
Workiva does not have a long track record of dividend growth.

3.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Workiva has received a 44.65% net impact score from Upright. Workiva seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Data analytics services", "Procurement data analysis and optimisation software", and "Business process management software" products. See details.
Environmental Sustainability
The Environmental Impact score for Workiva is -0.36.

2.6

News and Social Media Coverage

News Sentiment
Workiva has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Workiva this week, compared to 3 articles on an average week.
MarketBeat Follows
2 people have added Workiva to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Workiva insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $425,339.00 in company stock.
Percentage Held by Insiders
Only 5.71% of the stock of Workiva is held by insiders.
Percentage Held by Institutions
83.69% of the stock of Workiva is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Workiva are expected to grow in the coming year, from ($2.35) to ($0.82) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Workiva is -37.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Workiva is -37.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Workiva has a P/B Ratio of 866.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Workiva Stock (NYSE:WK)

Workiva Inc., together with its subsidiaries, provides cloud-based compliance and regulatory reporting solutions worldwide. The company offers Workiva platform that offers controlled collaboration, data linking, data integrations, granular permissions, process management, and full audit trail services; and provides tools that enables customers to connect data from enterprise resource planning, human capital management, and customer relationship management systems, as well as from other third-party cloud and on-premise applications. It serves public and private companies, government agencies, and higher-education institutions. Workiva Inc. was founded in 2008 and is headquartered in Ames, Iowa.

WK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WK Stock News Headlines

December 6, 2023 | americanbankingnews.com

Workiva Inc. (NYSE:WK) Given Average Rating of "Moderate Buy" by Brokerages

November 25, 2023 | finance.yahoo.com

Is There An Opportunity With Workiva Inc.'s (NYSE:WK) 33% Undervaluation?

December 11, 2023 | Edge On The Street (Ad)

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November 22, 2023 | seekingalpha.com

Workiva: Losses Are Mounting (Rating Downgrade)

November 4, 2023 | finance.yahoo.com

Investors might be losing patience for Workiva's (NYSE:WK) increasing losses, as stock sheds 4.1% over the past week

November 2, 2023 | msn.com

1 Overlooked Stock Down 43% to Buy Hand Over Fist, According to Wall Street

October 31, 2023 | markets.businessinsider.com

Analysts Conflicted on These Technology Names: Check Point (CHKP), ON Semiconductor (ON) and Workiva (WK)

October 31, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Lattice Semiconductor (LSCC) and Workiva (WK)

December 11, 2023 | Edge On The Street (Ad)

U.S. Military Defense Fails Without Vanadium?

October 31, 2023 | finance.yahoo.com

Workiva (WK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

October 31, 2023 | finance.yahoo.com

The Workiva Inc (WK) Company: A Short SWOT Analysis

October 31, 2023 | seekingalpha.com

Workiva Inc. 2023 Q3 - Results - Earnings Call Presentation

October 30, 2023 | theglobeandmail.com

Workiva (NYSE:WK) Surprises With Q3 Sales But Quarterly Guidance Underwhelms

October 30, 2023 | finance.yahoo.com

Workiva Inc (WK) Q3 2023 Earnings: Revenue Up 19% to $158.2 Million

October 29, 2023 | msn.com

workiva Q3 2023 Earnings Preview

October 27, 2023 | benzinga.com

Workiva's Earnings: A Preview

October 25, 2023 | tmcnet.com

Inc. Power Partner Awards Shines Spotlight on Workiva's Commitment to Customers

October 25, 2023 | finance.yahoo.com

Inc. Power Partner Awards Shines Spotlight on Workiva’s Commitment to Customers

October 20, 2023 | finanznachrichten.de

Workiva: The CFO's Role in Sustainability

October 17, 2023 | msn.com

PwC India, Workiva partner to help Indian enterprises automate risk and compliance functions

October 6, 2023 | finanznachrichten.de

Workiva: The Intersectionality of ESG

October 3, 2023 | msn.com

Workiva: Leveraging Competitive Advantage In A Regulatory-Focused Landscape

September 29, 2023 | finanznachrichten.de

Workiva: Charting the Path Forward Faster: Reflections on Climate Week NYC 2023

September 29, 2023 | finance.yahoo.com

Workiva Inc. Sets Date for Third Quarter 2023 Financial Release and Conference Call

September 28, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Zeta Global Holdings Corp (ZETA), PROS Holdings (PRO) and Workiva (WK)

September 22, 2023 | finance.yahoo.com

Forging a Path to Net Zero

September 21, 2023 | markets.businessinsider.com

Goldman Sachs Sticks to Its Buy Rating for Workiva (WK)

See More Headlines

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Company Calendar

Last Earnings: 10/30/2023
Today: 12/11/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:WK
CUSIP: N/A
CIK: 1445305
Web: www.workiva.com
Phone: (888) 275-3125
Fax: N/A
Employees: 2,447
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $115.38
High Stock Price Target: $134.00
Low Stock Price Target: $92.00
Potential Upside/Downside: +21.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.55)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-90,950,000.00
Net Margins: -22.60%
Pretax Margin: -22.09%
Return on Equity: -26,521.01%
Return on Assets: -14.59%

Debt

Debt-to-Equity Ratio: 2,262.59
Current Ratio: 2.16
Quick Ratio: 2.16

Sales & Book Value

Annual Sales: $537.88 million
Price / Sales: 9.58
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.11 per share
Price / Book: 866.36

Miscellaneous

Outstanding Shares: 54,050,000
Free Float: 50,962,000
Market Cap: $5.15 billion
Optionable: Optionable
Beta: 1.09

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Key Executives

Ms. Julie Iskow (Age 61)
CEO, President & Director
Comp: $1.12M
Ms. Jill E. Klindt (Age 47)
Executive VP & CFO
Comp: $659.12k
Mr. Brandon E. Ziegler (Age 49)
Executive VP, Chief Legal Officer & Chief Administrative Officer
Comp: $675.92k
Ms. Junko Swain (Age 59)
Senior VP & Chief Accounting Officer
Mr. David Haila
Executive VP & CTO
Ms. Kim Huffman
Senior VP & Chief Information Officer
Mr. Mike Rost
Senior Vice President, Corporate Development & Investor Relations
Mr. Yasser Mahmud
Executive VP & Chief Marketing Officer
Mr. Michael D. Hawkins (Age 46)
Executive Vice President of Sales
Ms. Emily Forrester
Senior Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WK Stock Analysis - Frequently Asked Questions

Should I buy or sell Workiva stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workiva in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WK shares.
View WK analyst ratings or view top-rated stocks.
What is Workiva's stock price target for 2024?: 5 Wall Street analysts have issued 1-year target prices for Workiva's stock. Their WK share price targets range from $92.00 to $134.00. On average, they anticipate the company's share price to reach $115.38 in the next year. This suggests a possible upside of 21.1% from the stock's current price.
View analysts price targets for WK or view top-rated stocks among Wall Street analysts.
How have WK shares performed in 2023?: Workiva's stock was trading at $83.97 on January 1st, 2023. Since then, WK shares have increased by 13.5% and is now trading at $95.30.
View the best growth stocks for 2023 here.
When is Workiva's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our WK earnings forecast.
How were Workiva's earnings last quarter?: Workiva Inc. (NYSE:WK) released its quarterly earnings results on Monday, October, 30th. The software maker reported ($1.01) earnings per share for the quarter, missing analysts' consensus estimates of ($0.35) by $0.66. The software maker had revenue of $158.18 million for the quarter, compared to analysts' expectations of $155.45 million. Workiva had a negative net margin of 22.60% and a negative trailing twelve-month return on equity of 26,521.01%.
What ETFs hold Workiva's stock?: ETFs with the largest weight of Workiva (NYSE:WK) stock in their portfolio include Global X Cloud Computing ETF (CLOU), Invesco Dynamic Software ETF (PSJ), First Trust Cloud Computing ETF (SKYY), Nuveen Small Cap Select ETF (NSCS), WisdomTree Cloud Computing Fund (WCLD), Hypatia Women Ceo ETF (WCEO), ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) and Direxion Daily Cloud Computing Bull 2x (CLDL).

What guidance has Workiva issued on next quarter's earnings?: Workiva issued an update on its fourth quarter earnings guidance on Monday, October, 30th. The company provided earnings per share (EPS) guidance of $0.21-0.23 for the period, compared to the consensus estimate of $0.16. The company issued revenue guidance of $164-165 million, compared to the consensus revenue estimate of $166.65 million.
What is Martin Vanderploeg's approval rating as Workiva's CEO?: 62 employees have rated Workiva Chief Executive Officer Martin Vanderploeg on Glassdoor.com. Martin Vanderploeg has an approval rating of 95% among the company's employees. This puts Martin Vanderploeg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 84.0% of employees surveyed would recommend working at Workiva to a friend.
What other stocks do shareholders of Workiva own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Workiva investors own include Twilio (TWLO), Advanced Micro Devices (AMD), Bank of America (BAC), NVIDIA (NVDA), Block (SQ), AbbVie (ABBV), Adobe (ADBE), Cisco Systems (CSCO), Intelsat (I) and Verizon Communications (VZ).
When did Workiva IPO?: (WK) raised $101 million in an IPO on Friday, December 12th 2014. The company issued 7,200,000 shares at a price of $13.00-$15.00 per share. Morgan Stanley and Credit Suisse acted as the underwriters for the IPO and Baird, Raymond James and Stifel were co-managers.
Who are Workiva's major shareholders?: Workiva's stock is owned by many different institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (3.57%), FMR LLC (3.41%), Ameriprise Financial Inc. (2.86%), Artisan Partners Limited Partnership (2.26%), Invesco Ltd. (2.18%) and Brown Advisory Inc. (2.04%). Insiders that own company stock include Brandon Ziegler, Brigid A Bonner, Jeff D Trom, Jill Klindt, Julie Iskow, Martin J Vanderploeg, Martin J Vanderploeg, Michael D Hawkins, Michael M Crow, Mithun Banarjee, Robert H Herz and Robert Scott Brogi.
View institutional ownership trends.
How do I buy shares of Workiva?: Shares of WK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:WK) was last updated on 12/11/2023 by MarketBeat.com Staff

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