
Workiva (WK) Stock Forecast & Price Target
Workiva (WK) Analyst Ratings
Bulls say
Workiva Inc. achieved significant financial milestones in the fourth quarter, with subscription and support revenue increasing by 21.2% year-over-year to $219.3 million, reflecting strong customer demand and successful account expansions. The company's committed remaining performance obligations (cRPO) rose 21% year-over-year to $757 million, bolstered by favorable foreign exchange impacts and a robust mix of new customer additions contributing 40% to the subscription revenue increase. Furthermore, the growth in multi-solution usage among customers, rising to 74%, underscores the effectiveness of Workiva's platform strategy and reinforces the company's capacity for sustained revenue growth and customer retention.
Bears say
The analysis indicates a negative outlook for Workiva's stock primarily due to predicted declines in professional services revenue and potential difficulties in achieving effective sales and marketing outcomes. Furthermore, the company faces headwinds from vendor consolidation, risks associated with weakened ESG regulations, and challenges related to lower brand recognition in Europe, which could hinder growth. Additionally, uncertainties surrounding macroeconomic conditions and the effectiveness of AI-driven products raise concerns about future revenue growth and operational changes.
This aggregate rating is based on analysts' research of Workiva and is not a guaranteed prediction by Public.com or investment advice.
Workiva (WK) Analyst Forecast & Price Prediction
Start investing in Workiva (WK)
Order type
Buy in
Order amount
Est. shares
0 shares