Workiva
About: Workiva Inc is a cloud-native platform that simplifies the complexities of reporting and compliance. Workiva platform empowers customers by connecting and transforming data from hundreds of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, as well as other third-party cloud and on-premise applications. Customers use the platform to create, review and publish data-linked documents and reports with greater control, consistency, accuracy, and productivity and it is also used for SEC Filings. It provides to more than 6,000 organizations across the globe with SaaS platform solutions to help solve some of the most complex reporting and disclosure challenges.
Employees: 2,751
0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
40% more call options, than puts
Call options by funds: $6.53M | Put options by funds: $4.68M
4% more capital invested
Capital invested by funds: $3.56B [Q2] → $3.71B (+$158M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
3% less funds holding
Funds holding: 300 [Q2] → 291 (-9) [Q3]
4.2% less ownership
Funds ownership: 95.54% [Q2] → 91.34% (-4.2%) [Q3]
12% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 41
30% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 125
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$104
7%
upside
Avg. target
$127
31%
upside
High target
$135
39%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Goldman Sachs Adam Hotchkiss 73% 1-year accuracy 11 / 15 met price target | 37%upside $133 | Buy Maintained | 14 Jan 2025 |
Raymond James Brian Peterson 57% 1-year accuracy 12 / 21 met price target | 39%upside $135 | Outperform Upgraded | 3 Jan 2025 |
Stifel Brad Reback 57% 1-year accuracy 27 / 47 met price target | 34%upside $130 | Buy Upgraded | 18 Dec 2024 |
Citigroup Steven Enders 77% 1-year accuracy 20 / 26 met price target | 32%upside $128 | Buy Maintained | 16 Dec 2024 |
Baird Rob Oliver 71% 1-year accuracy 30 / 42 met price target | 34%upside $130 | Outperform Maintained | 13 Dec 2024 |
Financial journalist opinion
Based on 3 articles about WK published over the past 30 days
Neutral
The Motley Fool
3 days ago
Why Workiva Stock Plummeted Today
Workiva (WK -13.27%) stock saw big sell-offs in Wednesday's trading. The cloud software company's share price ended the daily session down 13.3% despite the S&P 500 index gaining 0.6% and the Nasdaq Composite index climbing 1.2%.
Neutral
Business Wire
4 days ago
Workiva Inc. Sets Date for Fourth Quarter and Full Year 2024 Financial Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK), the world's leading cloud platform for assured, integrated reporting, today announced that it will release financial results for the fourth quarter and full-year ended December 31, 2024, following the close of the market on February 25, 2025. Workiva will host a conference call and a live webcast to discuss its financial results. The conference call will begin at 5:00 p.m. Eastern Time (22:00 GMT) on February 25, 2025, and can be accessed by di.
Positive
Seeking Alpha
4 days ago
Workiva: Positioned To Benefit From ESG And Compliance Megatrends
I recommend a buy rating for Workiva due to its exposure to strong secular tailwinds supporting high-teens revenue growth in the coming years. WK benefits from a growing Total Addressable Market driven by ESG adoption, increasing regulatory compliance, and financial reporting digitization, positioning it well for future growth. WK's valuation gap to peers should close as it continues to grow revenue at high-teens percentage range.
Positive
The Motley Fool
1 month ago
2 Glorious Growth Stocks Down 28% and 73% You'll Wish You'd Bought on the Dip, According to Wall Street
The S&P 500 is in a raging bull market. It's up 26% in 2024, which followed a 26% gain in 2023.
Positive
Seeking Alpha
1 month ago
Workiva: Momentum Is Evident, But Be Wary On Valuation
Workiva has experienced a significant rebound, driven by multi-product sales and accelerating growth rates, lifting its stock to a YTD gain. Despite a ~30% return since September, I remain cautiously optimistic, raising my price target to $110 but mindful of a valuation that is quickly becoming stretched. Workiva's Q3 results showed a 17% y/y revenue growth and improved net retention rates, highlighting its mission-critical software's stickiness.
Neutral
Business Wire
1 month ago
Workiva Inc. to Participate in Upcoming Investor Conference
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK), the world's leading cloud platform for assured integrated reporting, today announced its planned participation at: Raymond James 2024 TMT & Consumer Investor Conference: CEO, Julie Iskow will present on December 10, 2024, at 1:40 p.m. ET. The event will be webcast live and a recording will be available for a limited time under the “News and Events” section on Workiva's investor relations website. About Workiva Workiva Inc. (NYSE:WK) is on a.
Neutral
PRNewsWire
2 months ago
Deloitte Announces New Workiva ESG Accelerators to Help Streamline CSRD Compliance
Four new accelerators focus on double materiality review, finance emissions calculations, gap assessments and compliance workflow tracking NEW YORK , Nov. 20, 2024 /PRNewswire/ -- In an extension of Deloitte and Workiva's existing alliance and environmental, social and governance (ESG) accelerators, Deloitte and Workiva announced today the release of four new sustainability-focused accelerators to help organizations streamline regulatory compliance activities required under the European Union's (EU) Corporate Sustainability Reporting Directive (CSRD). The new accelerators provide organizations with tools to help enhance double materiality review, calculate financed emissions, conduct regulatory gap assessments and track related workflows.
Neutral
The Motley Fool
2 months ago
1 Glorious Growth Stock Down 42% You'll Regret not Buying on the Dip, According to Wall Street
Few analysts cover Workiva, but those who do have reached a very bullish consensus.
Neutral
Seeking Alpha
2 months ago
Workiva Inc. (WK) Q3 2024 Earnings Call Transcript
Workiva Inc. (WK) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
2 months ago
Workiva (WK) Lags Q3 Earnings Estimates
Workiva (WK) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to loss of $0.65 per share a year ago.
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