BMO Capital Maintains Workiva Buy Rating and $82 Price Target
BMO Capital analyst Daniel Jester has reaffirmed a Buy rating and an $82 price target for Workiva Inc.
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BTIG Maintains Buy on Workiva, Raises Price Target to $80
BTIG analyst Allan Verkhovski maintains Workiva (NYSE:WK) with a Buy and raises the price target from $70 to $80.
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Workiva, a software company specializing in regulatory compliance and data aggregation, has seen its stock decline 55% from its 2021 peak but is attracting analyst interest. The company is integrating AI capabilities into its platform to enhance functionality, driving growth among high-spending enterprise customers. With 19% revenue growth, improving profitability, and a valuation discount compared to historical averages, Wall Street analysts remain bullish with an average price target of $89.80, suggesting 26% upside potential.
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