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 6,823 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 (+$154M) [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
9%
downside
Avg. target
$127
11%
upside
High target
$135
18%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Goldman Sachs Adam Hotchkiss 79% 1-year accuracy 15 / 19 met price target | 17%upside $133 | Buy Maintained | 14 Jan 2025 |
Raymond James Brian Peterson 50% 1-year accuracy 11 / 22 met price target | 18%upside $135 | Outperform Upgraded | 3 Jan 2025 |
Stifel Brad Reback 63% 1-year accuracy 31 / 49 met price target | 14%upside $130 | Buy Upgraded | 18 Dec 2024 |
Citigroup Steven Enders 81% 1-year accuracy 21 / 26 met price target | 12%upside $128 | Buy Maintained | 16 Dec 2024 |
Baird Rob Oliver 68% 1-year accuracy 30 / 44 met price target | 14%upside $130 | Outperform Maintained | 13 Dec 2024 |
Financial journalist opinion
Positive
The Motley Fool
4 weeks 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.
Neutral
Business Wire
2 months ago
Workiva Inc. Announces Third Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK), the world's leading cloud platform for assured integrated reporting, today announced financial results for its third quarter ended September 30, 2024. "Workiva is once again in a beat and raise position. Our results highlight an acceleration of our growth and improved operating leverage," said Julie Iskow, President & Chief Executive Officer. "We delivered another record bookings quarter with broad based demand across the entire solution po.
Neutral
Zacks Investment Research
2 months ago
Countdown to Workiva (WK) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
Evaluate the expected performance of Workiva (WK) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Neutral
Business Wire
3 months ago
Workiva Inc. Sets Date for Third Quarter 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 third quarter ended September 30, 2024, following the close of the market on November 6, 2024. Workiva will host a conference call and a live webcast to discuss its financial results. The conference call will begin at 5 p.m. Eastern Time (21:00 GMT) November 6, 2024. The webcast will be available on https://invest.
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