Analysts have maintained their price target for Workiva at $97.60. Minor adjustments in the discount rate and future P/E estimates were not significant enough to alter their overall outlook.
What's in the News
- Irenic Capital Management LP launched a campaign urging Workiva to restructure its board and consider a sale, citing underperformance compared to rivals and concerns about governance and board tenure (Investor Activism: Nomination Related).
- Irenic Capital has built a stake in Workiva and is pressing for governance changes, including collapsing the dual-class share structure and adding new directors. The firm may start a proxy fight if no agreement is reached (Investor Activism: Activist Communication).
- Workiva announced major expansions to its intelligent platform, introducing agentic AI, unified data automation, and enhanced controls. These additions aim to help finance and GRC teams automate workflows and gain insights (Product-Related Announcements).
- Chief Financial Officer Jill Klindt will be stepping down, with the company searching for her successor and expecting her to serve through December 2025 or until a replacement is appointed (Executive Changes: CFO).
- Workiva provided earnings guidance for Q3 and the 2025 fiscal year, expecting continued revenue growth but projecting a GAAP net loss per share for both periods (Corporate Guidance: New/Confirmed).
Valuation Changes
- Consensus Analyst Price Target remained unchanged at $97.60.
- Discount Rate decreased slightly from 8.96% to 8.91%.
- Revenue Growth projection was nearly flat and held steady at 17.83%.
- Net Profit Margin stayed constant at 5.81%.
- Future P/E ratio declined marginally from 93.82x to 93.70x.
Disclaimer
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