Analysts have maintained their fair value estimate for Workiva at $97.60 per share. They cite a stable financial outlook and steady growth expectations as core reasons for their unchanged price target.
What's in the News
- Irenic Capital Management LP has launched a campaign urging Workiva to restructure its board and consider a sale to a sponsor or strategic buyer, citing poor financial performance and a significant trading discount compared to peers. (Key Developments)
- Irenic Capital has called for Workiva to collapse its dual class share structure, require all board members to stand for election annually, and add two directors, including an Irenic executive. The firm warned it may initiate a proxy fight if changes are not made. (Key Developments)
- At its Amplify event, Workiva announced major expansions to its platform by introducing agentic AI, unified data automation, and enhanced controls for the Office of the CFO. These updates are aimed at streamlining workflows and improving confidence in reporting. (Key Developments)
- Workiva hosted its Analyst/Investor Day, providing updates and engaging with shareholders. (Key Developments)
Valuation Changes
- Fair Value Estimate remains unchanged at $97.60 per share.
- Discount Rate has decreased slightly from 8.91% to 8.89%.
- Revenue Growth forecast is stable and remains at 17.83%.
- Net Profit Margin is unchanged at 5.81%.
- Future P/E ratio is nearly flat, moving from 93.70x to 93.64x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.