Northland Capmk Has Pessimistic View of Workiva Q1 Earnings

Workiva Inc. (NYSE:WK - Free Report) - Investment analysts at Northland Capmk decreased their Q1 2025 earnings per share (EPS) estimates for shares of Workiva in a report issued on Wednesday, February 26th. Northland Capmk analyst M. Grondahl now expects that the software maker will post earnings per share of ($0.42) for the quarter, down from their previous forecast of ($0.18). The consensus estimate for Workiva's current full-year earnings is ($0.92) per share. Northland Capmk also issued estimates for Workiva's Q2 2025 earnings at ($0.28) EPS, Q3 2025 earnings at ($0.15) EPS, Q4 2025 earnings at ($0.11) EPS and FY2025 earnings at ($0.97) EPS.

Several other equities research analysts have also recently issued reports on the company. Raymond James upgraded Workiva from a "market perform" rating to an "outperform" rating and set a $135.00 price target for the company in a research note on Friday, January 3rd. The Goldman Sachs Group increased their target price on Workiva from $120.00 to $133.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. Stifel Nicolaus dropped their price target on Workiva from $130.00 to $120.00 and set a "buy" rating for the company in a research note on Wednesday, February 26th. Robert W. Baird increased their price objective on shares of Workiva from $110.00 to $130.00 and gave the stock an "outperform" rating in a research note on Friday, December 13th. Finally, BMO Capital Markets dropped their target price on shares of Workiva from $120.00 to $108.00 and set an "outperform" rating for the company in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $121.57.

Workiva Price Performance

Workiva stock traded down $0.83 during midday trading on Monday, hitting $88.48. The company's stock had a trading volume of 222,934 shares, compared to its average volume of 413,762. The company has a 50-day moving average price of $100.38 and a two-hundred day moving average price of $91.24. Workiva has a 1-year low of $65.47 and a 1-year high of $116.83. The company has a market cap of $4.90 billion, a price-to-earnings ratio of -96.16 and a beta of 1.09.

Institutional Investors Weigh In On Workiva

Institutional investors have recently bought and sold shares of the stock. Versor Investments LP purchased a new position in Workiva during the 3rd quarter worth $1,217,000. SG Americas Securities LLC lifted its position in shares of Workiva by 141.6% during the fourth quarter. SG Americas Securities LLC now owns 9,341 shares of the software maker's stock valued at $1,023,000 after purchasing an additional 5,475 shares in the last quarter. TimesSquare Capital Management LLC boosted its holdings in Workiva by 4.3% during the third quarter. TimesSquare Capital Management LLC now owns 467,769 shares of the software maker's stock worth $37,010,000 after purchasing an additional 19,095 shares during the last quarter. Mutual of America Capital Management LLC grew its position in Workiva by 138.8% in the 3rd quarter. Mutual of America Capital Management LLC now owns 54,059 shares of the software maker's stock worth $4,277,000 after purchasing an additional 31,421 shares in the last quarter. Finally, Nordea Investment Management AB purchased a new stake in Workiva in the 4th quarter valued at about $59,894,000. Institutional investors own 92.21% of the company's stock.

Workiva Company Profile

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.