Workiva (WK)

• Market cap: $6.36B
• 1 day: 3.05%
• 5 days: 10.25%
• 1 month: 24.52%
• 3 months: 45.00%
• 6 months: 62.21%
• Year to date: 20.03%
• 1 year: 14.35%
• 5 years: 170.26%
• 10 years: 732.34%
• Sector: Information Technology
• Industry: Prepackaged Software

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

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: $3.44B [Q2] → $3.59B (+$153M) [Q3]

3% less funds holding

Funds holding: 300 [Q2] → 290 (-10) [Q3]

3.96% less ownership

Funds ownership: 92.37% [Q2] → 88.41% (-3.96%) [Q3]

22% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 46

30% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 125

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $104 9% downside
• Avg. target: $123 7% upside
• High target: $130 13% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Stifel Brad Reback 72% 1-year accuracy 34 / 47 met price target	13% upside $130	Buy Upgraded	18 Dec 2024
Citigroup Steven Enders 87% 1-year accuracy 20 / 23 met price target	12% upside $128	Buy Maintained	16 Dec 2024
Baird Rob Oliver 70% 1-year accuracy 32 / 46 met price target	13% upside $130	Outperform Maintained	13 Dec 2024
BMO Capital Daniel Jester 83% 1-year accuracy 20 / 24 met price target	9% downside $104	Outperform Maintained	7 Nov 2024