Workiva Inc. (WK)
NYSE: WK · IEX Real-Time Price · USD
80.29
+1.20 (1.52%)
Apr 23, 2024, 4:00 PM EDT - Market closed
Workiva Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Workiva stock have an average target of 111.14, with a low estimate of 85 and a high estimate of 134. The average target predicts an increase of 38.42% from the current stock price of 80.29.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Workiva stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $110 → $95 | Strong Buy | Maintains | $110 → $95 | +18.32% | Apr 23, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $115 → $110 | Strong Buy | Maintains | $115 → $110 | +37.00% | Feb 21, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $123 → $113 | Buy | Maintains | $123 → $113 | +40.74% | Feb 21, 2024 |
| Stifel | Stifel | Hold Maintains $92 → $85 | Hold | Maintains | $92 → $85 | +5.87% | Feb 21, 2024 |
| Stifel | Stifel | Hold Maintains $97 → $92 | Hold | Maintains | $97 → $92 | +14.58% | Oct 31, 2023 |
Financial Forecast
Revenue This Year
742.42M
from 630.04M
Increased by 17.84%
Revenue Next Year
856.82M
from 742.42M
Increased by 15.41%
EPS This Year
0.62
from -2.36
EPS Next Year
1.09
from 0.62
Increased by 76.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2028 |
|---|---|---|---|---|
| High | 758.3M | 893.5M | 1.1B | 1.5B |
| Avg | 742.4M | 856.8M | 1.0B | 1.5B |
| Low | 705.0M | 802.8M | 995.0M | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2028 |
|---|---|---|---|---|
| High | 20.4% | 20.3% | 24.4% | 46.8% |
| Avg | 17.8% | 15.4% | 22.1% | 44.1% |
| Low | 11.9% | 8.1% | 16.1% | 37.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.66 | 1.31 | 2.46 |
| Avg | 0.62 | 1.09 | 2.41 |
| Low | 0.56 | 0.85 | 2.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 111.7% | 125.1% |
| Avg | - | 76.0% | 120.8% |
| Low | - | 37.5% | 110.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.