This article is more than 2 years old.

Workiva’s stock (NYSE: WK) declined by 7.2% in the last twenty-one trading days. In comparison, the broader S&P500 index rose by 3.2% over the same period. The stock has fallen recently after reaching a 52-week high earlier in the month. Now, is WK stock poised to grow? Based on our machine learning analysis of trends in the stock price over the last seven years, there is a 51% chance of a rise in WK stock over the next month (twenty-one trading days). See our analysis on Workiva’s Stock Chance Of Rise for more details.

Five Days: WK -12%, vs. S&P500 0.03%; Underperformed market

(2% event probability)

  • Workiva’s stock declined 12% over a five day trading period ending 11/22/2021, compared to the broader market (S&P500) which rose by 0.03%
  • A change of -12% or more over five trading days has a 2% event probability, which has occurred 32 times out of 1743 in the last seven years

Ten Days: WK -13%, vs. S&P500 -0.3%; Underperformed market

(3% event probability)

  • Workiva’s stock declined 13% over the last ten trading days (two weeks), compared to the broader market (S&P500) decline of 0.3%
  • A change of -13% or more over ten trading days has a 3% event probability, which has occurred 45 times out of 1738 in the last seven years

Twenty-One Days: WK -7.2%, vs. S&P500 3.2%; Underperformed market

(16% event probability)

  • Workiva’s stock declined 7.2% over the last twenty-one trading days (one month), compared to the broader market (S&P500) rise of 3.2%
  • A change of -7.2% or more over twenty-one trading days has a 16% event probability, which has occurred 268 times out of 1727 in the last seven years

While Workiva’s stock may move higher in the near term, there are several peers in the sector that look like a Better Bet Than WK Stock. Also, Workiva Peer Comparison summarizes how the company fares against peers on metrics that matter.

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.

Invest with Trefis Market Beating Portfolios

See all Trefis Price Estimates