Workiva (WK) Stock Forecast, Price Target & Predictions
WK Stock Forecast
Workiva stock forecast is as follows: an average price target of $93.75 (represents a 25.45% upside from WK’s last price of $74.73) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
WK Price Target
The average price target for Workiva (WK) is $93.75 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $100.00 to $85.00. This represents a potential 25.45% upside from WK's last price of $74.73.
WK Analyst Ratings
According to 4 Wall Street analysts, Workiva's rating consensus is 'Buy'. The analyst rating breakdown for WK stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 0 'Hold' (0.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).
Workiva Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 27, 2024 | Rob Oliver | Robert W. Baird | $94.00 | $74.45 | 26.26% | 25.79% |
| Jun 18, 2024 | Brad Reback | Stifel Nicolaus | $85.00 | $70.22 | 21.05% | 13.74% |
| Jun 11, 2024 | Daniel Jester | BMO Capital | $96.00 | $74.46 | 28.93% | 28.46% |
| May 03, 2024 | Ryan Krieger | Wolfe Research | $100.00 | $80.04 | 24.94% | 33.82% |
| Dec 06, 2022 | - | BMO Capital | $88.00 | $81.97 | 7.36% | 17.76% |
| May 04, 2022 | - | Stifel Nicolaus | $80.00 | $94.08 | -14.97% | 7.05% |
The latest Workiva stock forecast, released on Jun 27, 2024 by Rob Oliver from Robert W. Baird, set a price target of $94.00, which represents a 26.26% increase from the stock price at the time of the forecast ($74.45), and a 25.79% increase from WK last price ($74.73).
Workiva Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $89.50 | $93.75 |
| Last Closing Price | $74.73 | $74.73 | $74.73 |
| Upside/Downside | -100.00% | 19.76% | 25.45% |
In the current month, the average price target of Workiva stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Workiva's last price of $74.73. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 18, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 11, 2024 | BMO Capital | Outperform | Outperform | Hold |
| May 03, 2024 | Wolfe Research | Outperform | Outperform | Hold |
| Apr 23, 2024 | Citigroup | Buy | Buy | Hold |
| Feb 21, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Dec 06, 2022 | BMO Capital | Outperform | Outperform | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
Workiva's last stock rating was published by Citigroup on Jun 18, 2024. The company gave WK a "Buy" rating, the same as its previous rate.
Workiva Financial Forecast
Workiva Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $158.18M | $155.02M | $150.19M | $143.80M | $132.85M | - | $129.67M | $120.78M | $112.69M | $105.59M | $104.22M | $93.83M | $88.10M | $83.86M | $85.80M | $80.27M | $74.18M |
| Avg Forecast | $248.10M | $236.70M | $231.20M | $227.40M | $221.55M | $210.51M | $204.95M | $201.70M | $192.28M | $182.68M | $175.22M | $174.07M | $164.70M | $155.67M | $153.40M | $149.57M | $139.34M | $132.47M | $126.05M | $127.42M | $117.11M | $108.35M | $101.66M | $100.43M | $90.55M | $84.47M | $80.64M | $82.31M | $75.71M | $72.32M |
| High Forecast | $248.73M | $237.30M | $231.78M | $227.97M | $222.10M | $211.04M | $205.47M | $202.21M | $192.77M | $182.78M | $175.66M | $174.51M | $164.96M | $155.94M | $153.79M | $149.95M | $139.69M | $132.81M | $126.05M | $127.97M | $117.61M | $108.82M | $102.09M | $100.86M | $90.93M | $84.83M | $80.99M | $82.66M | $76.03M | $72.63M |
| Low Forecast | $247.86M | $236.47M | $230.97M | $227.18M | $221.33M | $210.30M | $204.75M | $201.50M | $192.10M | $182.58M | $175.05M | $173.90M | $164.39M | $155.14M | $153.25M | $149.42M | $139.20M | $132.34M | $126.05M | $126.64M | $116.38M | $107.68M | $101.03M | $99.81M | $89.99M | $83.95M | $80.14M | $81.80M | $75.24M | $71.88M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.01% | 1.00% | 1.03% | 1.00% | - | 1.02% | 1.03% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.06% | 1.03% |
Workiva's average Quarter revenue forecast for Dec 23 based on 5 analysts is $164.70M, with a low forecast of $164.39M, and a high forecast of $164.96M. WK's average Quarter revenue forecast represents a 4.13% increase compared to the company's last Quarter revenue of $158.18M (Sep 23).
Workiva EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-15.53M | $-22.69M | $-41.26M | $-8.42M | $-25.03M | - | $-15.10M | $-9.66M | $-2.52M | $-4.55M | $-3.11M | $3.49M | $-5.71M | $-15.08M | $-5.59M | $-11.50M | $-12.94M |
| Avg Forecast | $-24.14M | $-23.03M | $-22.50M | $-22.13M | $-21.56M | $-20.48M | $-19.94M | $-19.62M | $-18.71M | $-17.77M | $-17.05M | $-20.80M | $-16.03M | $-15.15M | $-14.93M | $-18.91M | $-13.56M | $-3.75M | $-12.26M | $-17.19M | $-21.74M | $-4.01M | $-6.25M | $-1.82M | $-8.81M | $-11.99M | $-21.71M | $-11.06M | $-14.88M | $-16.74M |
| High Forecast | $-24.12M | $-23.01M | $-22.47M | $-22.10M | $-21.53M | $-20.46M | $-19.92M | $-19.61M | $-18.69M | $-17.76M | $-17.03M | $-16.64M | $-15.99M | $-15.09M | $-14.91M | $-15.13M | $-13.54M | $-3.00M | $-12.26M | $-13.76M | $-17.40M | $-3.21M | $-5.00M | $-1.46M | $-8.76M | $-9.59M | $-17.37M | $-8.85M | $-11.90M | $-13.39M |
| Low Forecast | $-24.20M | $-23.09M | $-22.55M | $-22.18M | $-21.61M | $-20.53M | $-19.99M | $-19.67M | $-18.76M | $-17.78M | $-17.09M | $-24.97M | $-16.05M | $-15.17M | $-14.96M | $-22.70M | $-13.59M | $-4.50M | $-12.26M | $-20.63M | $-26.09M | $-4.81M | $-7.50M | $-2.19M | $-8.85M | $-14.38M | $-26.05M | $-13.28M | $-17.85M | $-20.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.52% | 2.18% | 0.62% | 6.67% | - | 0.88% | 0.44% | 0.63% | 0.73% | 1.71% | -0.40% | 0.48% | 0.69% | 0.51% | 0.77% | 0.77% |
16 analysts predict WK's average Quarter EBITDA for Mar 21 to be $-1.82M, with a high of $-1.46M and a low of $-2.19M. This is -152.30% lower than Workiva's previous annual EBITDA (Dec 20) of $3.49M.
Workiva Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-56.27M | $-20.91M | $-46.15M | $-13.90M | $-29.69M | - | $-18.49M | $-14.32M | $-6.57M | $-9.51M | $-7.32M | $-7.55K | $-10.51M | $-19.77M | $-10.57M | $-16.30M | $-16.05M |
| Avg Forecast | $30.90M | $30.35M | $25.38M | $25.93M | $22.76M | $18.62M | $14.78M | $15.98M | $18.90M | $12.74M | $9.70M | $-26.64M | $12.16M | $2.23M | $-4.29M | $-24.22M | $-5.29M | $-9.79M | $-14.36M | $-22.02M | $-32.23M | $-10.47M | $-13.08M | $-4.29M | $136.08M | $-22.06M | $-28.46M | $-20.93M | $-21.09M | $-20.77M |
| High Forecast | $31.00M | $30.45M | $25.46M | $26.02M | $22.84M | $18.68M | $14.83M | $16.03M | $18.96M | $12.79M | $9.73M | $-21.31M | $12.20M | $2.79M | $-4.29M | $-19.37M | $-5.28M | $-7.83M | $-14.36M | $-17.61M | $-25.78M | $-8.38M | $-10.47M | $-3.43M | $136.84M | $-17.65M | $-22.77M | $-16.75M | $-16.87M | $-16.62M |
| Low Forecast | $30.86M | $30.31M | $25.35M | $25.90M | $22.73M | $18.60M | $14.76M | $15.96M | $18.87M | $12.19M | $9.69M | $-31.97M | $11.60M | $1.67M | $-4.31M | $-29.06M | $-5.30M | $-11.75M | $-14.36M | $-26.42M | $-38.67M | $-12.57M | $-15.70M | $-5.15M | $134.99M | $-26.48M | $-34.15M | $-25.12M | $-25.30M | $-24.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -25.24% | 4.87% | 1.91% | 2.63% | 3.03% | - | 0.84% | 0.44% | 0.63% | 0.73% | 1.71% | -0.00% | 0.48% | 0.69% | 0.51% | 0.77% | 0.77% |
Workiva's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. WK's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Workiva SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $93.60M | $95.51M | $112.72M | $84.65M | $91.97M | - | $80.09M | $71.69M | $64.42M | $58.91M | $58.06M | $50.70M | $49.21M | $54.90M | $49.56M | $48.49M | $45.01M |
| Avg Forecast | $148.41M | $141.59M | $138.30M | $136.03M | $132.52M | $125.92M | $122.60M | $120.65M | $115.02M | $109.27M | $104.82M | $115.37M | $98.52M | $93.12M | $91.76M | $104.89M | $83.35M | $96.02M | $75.40M | $95.35M | $70.05M | $102.70M | $81.00M | $34.01M | $54.16M | $50.53M | $79.06M | $49.24M | $62.73M | $58.24M |
| High Forecast | $148.78M | $141.95M | $138.65M | $136.37M | $132.86M | $126.24M | $122.91M | $120.96M | $115.31M | $109.33M | $105.08M | $138.45M | $98.68M | $93.28M | $91.99M | $125.86M | $83.56M | $115.23M | $75.40M | $114.42M | $70.35M | $123.24M | $97.20M | $40.82M | $54.40M | $50.74M | $94.87M | $49.45M | $75.27M | $69.89M |
| Low Forecast | $148.26M | $141.45M | $138.16M | $135.89M | $132.39M | $125.80M | $122.48M | $120.53M | $114.91M | $109.21M | $104.71M | $92.30M | $98.34M | $92.80M | $91.67M | $83.91M | $83.27M | $76.82M | $75.40M | $76.28M | $69.62M | $82.16M | $64.80M | $27.21M | $53.83M | $50.21M | $63.25M | $48.93M | $50.18M | $46.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.04% | 1.07% | 1.02% | 0.96% | - | 0.84% | 1.02% | 0.63% | 0.73% | 1.71% | 0.94% | 0.97% | 0.69% | 1.01% | 0.77% | 0.77% |
Workiva's average Quarter SG&A projection for Dec 23 is $98.52M, based on 5 Wall Street analysts, with a range of $98.34M to $98.68M. The forecast indicates a 5.26% rise compared to WK last annual SG&A of $93.60M (Sep 23).
Workiva EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.04 | $-0.39 | $-0.86 | $-0.26 | $-0.56 | - | $-0.35 | $-0.28 | $-0.13 | $-0.19 | $-0.15 | $-0.16 | $-0.22 | $-0.41 | $-0.22 | $-0.35 | $-0.34 |
| Avg Forecast | $0.56 | $0.55 | $0.46 | $0.47 | $0.41 | $0.34 | $0.27 | $0.29 | $0.34 | $0.23 | $0.18 | $0.17 | $0.22 | $0.04 | $-0.08 | $-0.22 | $-0.10 | $-0.26 | $-0.26 | $-0.15 | $-0.06 | $-0.11 | $0.01 | $0.07 | - | $-0.12 | $-0.15 | $-0.15 | $-0.16 | $-0.17 |
| High Forecast | $0.56 | $0.55 | $0.46 | $0.47 | $0.41 | $0.34 | $0.27 | $0.29 | $0.34 | $0.23 | $0.18 | $0.17 | $0.22 | $0.05 | $-0.08 | $-0.22 | $-0.10 | $-0.26 | $-0.26 | $-0.15 | $-0.06 | $-0.11 | $0.01 | $0.07 | - | $-0.12 | $-0.14 | $-0.15 | $-0.16 | $-0.17 |
| Low Forecast | $0.56 | $0.55 | $0.46 | $0.47 | $0.41 | $0.34 | $0.27 | $0.29 | $0.34 | $0.22 | $0.18 | $0.17 | $0.21 | $0.03 | $-0.08 | $-0.22 | $-0.10 | $-0.26 | $-0.26 | $-0.15 | $-0.06 | $-0.11 | $0.01 | $0.07 | - | $-0.12 | $-0.15 | $-0.15 | $-0.16 | $-0.17 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -25.74% | 5.01% | 3.94% | 2.71% | 2.18% | - | 2.33% | 4.98% | 1.17% | -33.25% | -2.07% | -64.00% | 1.81% | 2.81% | 1.50% | 2.17% | 2.04% |
According to undefined Wall Street analysts, Workiva's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to WK previous annual EPS of $NaN (undefined).
Workiva Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ONTF | ON24 | $6.09 | $18.00 | 195.57% | - |
| BL | BlackLine | $50.01 | $96.83 | 93.62% | Buy |
| BRZE | Braze | $35.13 | $58.92 | 67.72% | Buy |
| PYCR | Paycor HCM | $13.89 | $23.11 | 66.38% | Hold |
| ALRM | Alarm.com | $55.25 | $78.75 | 42.53% | Buy |
| NCNO | nCino | $29.39 | $41.89 | 42.53% | Buy |
| AMSWA | American Software | $10.95 | $15.50 | 41.55% | Buy |
| WK | Workiva | $74.73 | $93.75 | 25.45% | Buy |
| INST | Instructure | $23.54 | $28.74 | 22.09% | Hold |
| ALKT | Alkami | $30.17 | $34.50 | 14.35% | Buy |
| ENV | Envestnet | $62.62 | $68.52 | 9.42% | Hold |
| PRGS | Progress Software | $57.99 | $62.50 | 7.78% | Buy |
| BSY | Bentley Systems | $49.57 | $53.00 | 6.92% | Buy |
| AGYS | Agilysys | $102.17 | $108.33 | 6.03% | Buy |
| APPF | AppFolio | $225.84 | $225.00 | -0.37% | Buy |
| GWRE | Guidewire Software | $171.81 | $156.30 | -9.03% | Buy |
WK Forecast FAQ
Is Workiva a good buy?
Yes, according to 4 Wall Street analysts, Workiva (WK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of WK's total ratings.
What is WK's price target?
Workiva (WK) average price target is $93.75 with a range of $85 to $100, implying a 25.45% from its last price of $74.73. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Workiva stock go up soon?
According to Wall Street analysts' prediction for WK stock, the company can go up by 25.45% (from the last price of $74.73 to the average price target of $93.75), up by 33.82% based on the highest stock price target, and up by 13.74% based on the lowest stock price target.
Can Workiva stock reach $110?
WK's average twelve months analyst stock price target of $93.75 does not support the claim that Workiva can reach $110 in the near future.
What are Workiva's analysts' financial forecasts?
Workiva's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $838.7M (high $840.82M, low $837.88M), average EBITDA is $-81.603M (high $-81.523M, low $-81.809M), average net income is $72.14M (high $72.38M, low $72.05M), average SG&A $501.7M (high $502.96M, low $501.2M), and average EPS is $1.31 (high $1.31, low $1.31). WK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $943.4M (high $945.78M, low $942.47M), average EBITDA is $-91.79M (high $-91.699M, low $-92.021M), average net income is $112.56M (high $112.93M, low $112.42M), average SG&A $564.33M (high $565.75M, low $563.77M), and average EPS is $2.04 (high $2.05, low $2.04).
Did the WK's actual financial results beat the analysts' financial forecasts?
Based on Workiva's last annual report (Dec 2022), the company's revenue was $537.88M, beating the average analysts forecast of $525.28M by 2.40%. Apple's EBITDA was $-72.746M, beating the average prediction of $-46.766M by 55.55%. The company's net income was $-90.947M, beating the average estimation of $-51.448M by 76.77%. Apple's SG&A was $345.04M, missing the average forecast of $350.12M by -1.45%. Lastly, the company's EPS was $-1.72, beating the average prediction of $-0.764 by 125.10%. In terms of the last quarterly report (Sep 2023), Workiva's revenue was $158.18M, beating the average analysts' forecast of $155.67M by 1.61%. The company's EBITDA was $-15.525M, beating the average prediction of $-15.146M by 2.50%. Workiva's net income was $-56.269M, missing the average estimation of $2.23M by -2624.23%. The company's SG&A was $93.6M, beating the average forecast of $93.12M by 0.51%. Lastly, the company's EPS was $-1.04, missing the average prediction of $0.0404 by -2674.26%