
Workiva (WK) Stock Forecast & Price Target
Workiva (WK) Analyst Ratings
Bulls say
Workiva Inc. has demonstrated a robust upward trend in its subscription revenue, achieving a year-over-year growth of 22.5% to $209.6 million, surpassing previous estimates. The company's expansion in multi-solution adoption highlights a significant increase, with customers utilizing multiple solutions rising from 56% to 71% of subscription revenue over the span of three years, showcasing enhanced customer engagement. Furthermore, Workiva's strategic focus on sustainability and governance, risk management, and compliance (GRC) has yielded impressive results, with GRC annual recurring revenue (ARR) accelerating to 30% and sustainability solution annual contract value (ACV) increasing by 22% year-over-year, positioning the company favorably for future growth.
Bears say
Workiva Inc. is facing a challenging financial outlook primarily due to an anticipated decline in professional services revenue as the company shifts low-margin services to partners, which may hinder top-line growth. Additionally, potential headwinds from vendor consolidation, lower brand recognition in Europe, and the sluggish pace of the legacy ERP replacement cycle are raising concerns about the company’s future performance. The risks associated with weak macroeconomic conditions, prolonged sales cycles for larger contracts, and the uncertain impact of new AI products further exacerbate the negative sentiment surrounding Workiva's stock.
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