Citi Maintained a Buy rating on Workiva (WK), Keeps the PT unchanged

Workiva Inc. (NYSE:WK) is one of the 10 Best 52-Week Low Tech Stocks To Buy According to Analysts. On June 17, Steve Enders from Citi maintained a Buy rating on Workiva Inc. (NYSE:WK) with a price target of $108.

The rating comes after the company delivered robust results for its fiscal first quarter of 2025. The company posted a revenue of $$206 million, reflecting 17% year-over-year growth and ahead of market consensus by $2.23 million. Moreover, the EPS of $0.14 also exceeded the expectations by $0.07.

Citi Maintained a Buy rating on Workiva (WK), Keeps the PT unchanged

A software engineer debugging a compliance code on a laptop in a modern office setting.

The revenue growth was driven by broad-based demand across its solution platforms, reflected by a 20% increase in subscription revenue. In addition, Workiva Inc. (NYSE:WK) also grew its customers with an annual contract value of $500,000 by 32% during the same time. Management has maintained its FY2025 guidance and expects revenue to be in the range of $864 million to $868 million.

Workiva Inc. (NYSE:WK) is a technology company that provides a unified SaaS platform. Its platform consolidates financial reporting, Environmental, Social, and Governance reporting, and Governance, Risk, and Compliance functions into a single entity.

While we acknowledge the potential of WK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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