AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Citigroup Adjusts Workiva Price Target to $105.00 USD with "Buy" Rating
ByAinvest
Wednesday, Jul 16, 2025 1:19 pm ET1min read
Citigroup has maintained a "Buy" rating for Workiva (WK) but lowered its price target from $108.00 to $105.00 USD, a -2.78% adjustment. The average one-year price target for WK is $100.58, with a high estimate of $127.43 and a low estimate of $90.00. The average target implies a 49.99% upside from the current price of $67.06.
Title: Analysts Mixed on Workiva (WK) Price Targets; Citi Lowering EstimateA recent update from Citi has seen the price target for Workiva (WK) reduced from $108 to $105, while maintaining a Buy rating. This adjustment reflects a more cautious outlook on the company's future performance, despite a positive earnings forecast for the second quarter. The new price target implies a 48.99% upside from the current price of $67.51, indicating analysts' expectations for modest growth.
Analysts from various firms have provided a range of price targets for Workiva, with an average target of $97.67 [1]. The high estimate stands at $127.43, while the low estimate is $90.00, indicating a significant variance in expectations. Despite this range, the majority of analysts maintain a positive outlook, with 16 out of 17 ratings in the current month being Buy [2].
Workiva has shown strong revenue growth and customer retention, but significant financial risks, including net losses and negative equity, have weighed down its overall stock score [1]. The company's strategic successes have not been enough to overcome these financial challenges, leading to cautious market sentiment.
In the past 12 months, Workiva has performed in line with its overall industry, beating earnings estimates 0.00% of the time and sales estimates 0.00% of the time [1]. The next quarter’s earnings estimate for Workiva is $0.05, with a range of $0.05 to $0.07, and the sales forecast is $208.87M, with a range of $208.00M to $209.10M [1].
The mixed analyst opinions and the reduction in the price target by Citi highlight the uncertainty surrounding Workiva's future performance. Investors should closely monitor the company's financial health and earnings reports to make informed decisions.
References:
[1] https://www.tipranks.com/stocks/wk/forecast
[2] https://www.tipranks.com/stocks/wk/forecast
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet