Workiva's Revenue Growth and Optimistic Forecast Amid Market Decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2024
0mins
Should l Buy WK?
Source: Business Insider
Workiva Inc. saw its stock price drop by 9.43% as it crossed below the 5-day SMA, reflecting broader market weakness with the Nasdaq-100 down 2.14% and the S&P 500 down 1.28%.
Despite the market decline, Workiva reported a 21% revenue growth to $224 million in Q3 2025, driven by an increase in high-spending customers. The company raised its full-year revenue forecast for 2025 to $881 million, and if it exceeds this expectation in the earnings report on February 19, a stock rally is anticipated.
The implications of Workiva's strong revenue growth and optimistic forecast suggest that the company is well-positioned to rebound, especially if it can capitalize on the increasing demand for its services.
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Analyst Views on WK
Wall Street analysts forecast WK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WK is 106.75 USD with a low forecast of 98.00 USD and a high forecast of 115.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
10 Buy
0 Hold
0 Sell
Strong Buy
Current: 68.990
Low
98.00
Averages
106.75
High
115.00
Current: 68.990
Low
98.00
Averages
106.75
High
115.00
About WK
Workiva Inc. is a provider of cloud-based reporting solutions that are designed to solve financial and non-financial business challenges at the intersection of data, process, and people. The Company offers its unified software-as-a-service (SaaS) platform that brings customers’ financial reporting, Environmental, Social, and Governance (ESG), and Governance, Risk, and Compliance (GRC) together in a controlled, secure, audit-ready platform. The Company's Workiva platform is multi-tenant cloud software deployed in multiple regions worldwide for assured integrated reporting. The Company's platform is built primarily on Amazon Web Services (AWS) and is composed of both proprietary and open-source technologies. Its Workiva platform helps customers by connecting and transforming data from hundreds of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, as well as other third-party cloud and on-premises applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Enhanced Integration Capabilities for Workiva: Workiva's revenue grew by 21% to $224 million in Q3 2025, driven by an increase in high-spending customers, with businesses spending over $300,000 and $500,000 annually rising by 41% and 42%, respectively.
- Optimistic Financial Forecast: Workiva raised its full-year revenue forecast for 2025 to $881 million, and if it exceeds this expectation in the earnings report on February 19, a stock rally is anticipated, especially given its current attractive valuation.
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See More
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- Efficiency Boost from AI Integration: The introduction of the Bits AI assistant has accelerated workflows for Datadog, while the new LLM Observability product enables developers to monitor costs and troubleshoot issues with large language models, addressing the market's urgent need for AI solutions.
- Enhanced Integration Capabilities for Workiva: Workiva's revenue grew by 21% to $224 million in Q3 2025, driven by an increase in high-spending customers, with businesses spending over $300,000 and $500,000 annually rising by 41% and 42%, respectively.
- Optimistic Financial Forecast: Workiva raised its full-year revenue forecast for 2025 to $881 million, and if it exceeds this expectation in the earnings report on February 19, a stock rally is anticipated, especially given its current attractive valuation.
See More
Datadog and Workiva Q4 Earnings Outlook
- Surge in Datadog AI Demand: As of Q3 2025, Datadog had 32,000 customers, with over 5,000 using at least one AI product, a 67% increase year-over-year, contributing 12% to total revenue, indicating strong growth momentum in this segment.
- Workiva's Integration Advantage: Workiva's revenue grew by 21% to $224 million in Q3 2025, driven by an increase in high-spending customers, with those spending over $300,000 and $500,000 annually rising by 41% and 42%, respectively, reflecting sustained market demand.
- Future Earnings Expectations: Datadog will report earnings on February 10, and if AI customer growth continues, it could spark a stock rebound, while Workiva is set to report on February 19, with a full-year revenue forecast of $881 million, which could lead to stock price increases if exceeded.
- AI Technology Application Outlook: Both companies are actively integrating AI technologies, with Datadog enhancing customer experience through Bits AI and OpenAI Monitoring, while Workiva's AI assistant simplifies report generation, showcasing AI's potential in improving operational efficiency and customer satisfaction.
See More
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- Acquisition Offer: Hg Capital has proposed to acquire OneStream at $24 per share, valuing the company at an acceptable level that reflects its current growth rate, despite uncertainties regarding revenue growth sustainability.
- Analyst Rating Adjustments: Needham analyst downgraded OneStream's rating from Buy to Hold and removed the price target, indicating a cautious market sentiment regarding the transaction.
- Competitor Response: Following the acquisition announcement, shares of OneStream's competitors, BlackLine and Workiva, rose, demonstrating a positive market reaction to M&A activity in the software sector.
- Investor Confidence: BTIG analysts believe this acquisition will bolster investor confidence in current software valuations, marking a broader appetite for acquisitions in the software industry, potentially leading to more deals in the future.
See More
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- E-commerce Dominance: Sea Limited's Shopee processed 10 billion orders worth $90.6 billion in the first three quarters of 2025, solidifying its position as Southeast Asia's largest e-commerce platform, thereby enhancing the company's competitiveness in the digital economy.
- Financial Services Expansion: Sea's Monee platform provides loans to Shopee merchants and offers 'buy now, pay later' services, which are expected to further increase user engagement and market share as merchants grow their businesses.
- Gaming Development Strength: Garena, as one of the world's top game development studios, has launched hits like Free Fire and Call of Duty: Mobile, boosting Sea's influence in the global gaming market and driving revenue growth.
- Market Outlook Analysis: Despite Sea's stock being down 35% from its 52-week high, the company is projected to achieve its fastest revenue growth in four years at over 30% in 2025, presenting a compelling entry point for long-term investors.
See More
Sea Limited Forecasts 30% Revenue Growth in 2025
- Revenue Growth Outlook: Sea Limited is projected to achieve over 30% revenue growth in 2025, marking its fastest pace in four years, despite its stock being down 35% due to concerns over global consumer financial health, presenting a potential entry point for long-term investors.
- Market Opportunity Analysis: While often referred to as the 'Amazon of Southeast Asia', the current dip in Sea Limited's stock may attract investors looking to capitalize on future market recoveries, particularly as e-commerce and the digital economy continue to expand rapidly.
- Competitive Landscape: Sea Limited's diversified operations across e-commerce, software, and artificial intelligence provide it with a competitive edge in the digital economy, and its multi-faceted strategy helps mitigate risks associated with market volatility.
- Investment Strategy Recommendation: Analysts suggest keeping an eye on Sea Limited's stock during market pullbacks, especially given its anticipated revenue growth, which could yield substantial returns for investors.
See More
Eminence Capital Increases Workiva Stake by 1.08 Million Shares, Valued at $320.52 Million
- Increased Holdings: Eminence Capital added 1.08 million shares of Workiva in Q3, raising its total to 3.72 million shares valued at $320.52 million, making it the fund's third-largest position, indicating strong confidence in Workiva's future growth.
- Value Shift: This increase resulted in a position value rise of approximately $139.35 million, reflecting the fund's focus on the company's improving profitability, particularly in the cloud software sector.
- Financial Performance: Workiva reported Q3 revenue of $224 million, a 21% year-over-year increase, with subscription and support revenue up 23%, showcasing robust performance in customer spending and market demand.
- Profitability Improvement: Workiva's non-GAAP operating margin surged from 4.1% last year to 12.7%, while free cash flow margin increased from 10% to about 20%, indicating significant enhancements in profitability and cash flow management.
See More
