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1 Glorious Growth Stock Down 47% You'll Wish You'd Bought on the Dip, According to Wall Street
Running a global organization is becoming increasingly complex. Managers are tasked with overseeing remote employees who are working across dozens of digital applications, so chasing down valuable data can be a time-consuming ordeal. Workiva (NYSE: WK) developed a platform to help ease that workload.Workiva recently reported its financial results for the fourth quarter of 2024, and the company delivered accelerating revenue growth driven by some of its biggest customers. Its stock soared by as much as 8% in after-hours trading following the results, but it remains 47% below its record high which was set during the tech frenzy in 2021.That might spell opportunity for investors. In fact, The Wall Street Journal tracks 11 analysts who cover Workiva stock, and they are overwhelmingly bullish on its prospects. Continue reading
Running a global organization is becoming increasingly complex. Managers are tasked with overseeing remote employees who are working across dozens of digital applications, so chasing down valuable data can be a time-consuming ordeal. Workiva (NYSE: WK) developed a platform to help ease that workload.
Workiva recently reported its financial results for the fourth quarter of 2024, and the company delivered accelerating revenue growth driven by some of its biggest customers. Its stock soared by as much as 8% in after-hours trading following the results, but it remains 47% below its record high which was set during the tech frenzy in 2021.
That might spell opportunity for investors. In fact, The Wall Street Journal tracks 11 analysts who cover Workiva stock, and they are overwhelmingly bullish on its prospects.
