Workiva (NYSE:WK) Issues FY 2026 Earnings Guidance

Workiva (NYSE:WK) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 2.850-2.950 for the period, compared to the consensus EPS estimate of 2.280. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Workiva also updated its Q2 2026 guidance to 0.620-0.650 EPS.

Wall Street Analyst Weigh In

A number of brokerages have commented on WK. BTIG Research reduced their price target on Workiva from $90.00 to $80.00 and set a “buy” rating for the company in a research report on Wednesday. Stephens set a $90.00 price target on Workiva in a research report on Friday, February 20th. The Goldman Sachs Group restated a “buy” rating and issued a $102.00 price target on shares of Workiva in a research report on Friday, February 20th. Stifel Nicolaus reduced their price target on Workiva from $79.00 to $65.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Truist Financial restated a “buy” rating and issued a $90.00 price target (down from $110.00) on shares of Workiva in a research report on Friday, February 20th. Ten investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $90.33.

Workiva Stock Down 6.2%

WK traded down $3.46 during midday trading on Wednesday, reaching $51.95. The company had a trading volume of 1,316,399 shares, compared to its average volume of 1,000,325. The business has a 50-day moving average of $58.74 and a two-hundred day moving average of $75.12. The company has a market cap of $2.95 billion, a P/E ratio of -107.98 and a beta of 0.54. Workiva has a 1 year low of $49.44 and a 1 year high of $97.10.

Workiva (NYSE:WK) last released its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.11. The business had revenue of $247.31 million during the quarter, compared to the consensus estimate of $245.17 million. The business’s revenue was up 19.9% on a year-over-year basis. During the same period last year, the company earned $0.14 EPS. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. On average, equities research analysts predict that Workiva will post 0.53 EPS for the current year.

Workiva declared that its board has authorized a share repurchase program on Monday, February 16th that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the software maker to reacquire up to 7.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Workiva News Roundup

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Q1 results beat expectations — Workiva reported $0.77 EPS versus $0.66 consensus and revenue of $247.3M (+19.9% YoY), showing solid top?line growth. Business Wire Release
• Positive Sentiment: Raised forward EPS guidance — Management updated Q2 EPS to $0.62–$0.65 (vs. ~$0.42 consensus) and FY 2026 EPS to $2.85–$2.95 (vs. ~$2.28 consensus), indicating stronger profitability expectations. Slide Deck / Guidance
• Neutral Sentiment: Earnings call transcript and analyst write?ups are live — Investors can review management commentary and metric detail for cadence and customer trends. Earnings Call Transcript
• Neutral Sentiment: Third?party analyses and coverage — Zacks and MarketBeat summarize the beat and key metrics; these notes help assess sustainability of the acceleration. Zacks Coverage
• Negative Sentiment: BTIG lowered its price target from $90 to $80 (still a Buy) — the PT cut can temper upside expectations and likely contributed to downward pressure. Benzinga Note
• Negative Sentiment: Technical/valuation headwinds — WK is trading below its 50? and 200?day moving averages and off its one?year high, prompting some profit?taking despite the beat. (Context: 50?day ~$58.7; 200?day ~$75.1.)

Hedge Funds Weigh In On Workiva

A number of hedge funds have recently made changes to their positions in WK. LPL Financial LLC boosted its stake in Workiva by 0.9% during the fourth quarter. LPL Financial LLC now owns 20,475 shares of the software maker’s stock valued at $1,766,000 after buying an additional 185 shares during the last quarter. Allworth Financial LP boosted its stake in Workiva by 82.3% during the third quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after buying an additional 186 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Workiva during the fourth quarter valued at approximately $26,000. Quarry LP boosted its stake in Workiva by 396.3% during the fourth quarter. Quarry LP now owns 407 shares of the software maker’s stock valued at $35,000 after buying an additional 325 shares during the last quarter. Finally, California Public Employees Retirement System boosted its stake in Workiva by 0.4% during the second quarter. California Public Employees Retirement System now owns 82,197 shares of the software maker’s stock valued at $5,626,000 after buying an additional 342 shares during the last quarter. Institutional investors own 92.21% of the company’s stock.

Workiva Company Profile

Workiva, originally founded as WebFilings in 2008, delivers a cloud-native platform designed to streamline and connect data, documents and teams for reporting and compliance. Its flagship Workiva platform supports a range of applications including financial reporting, regulatory filings, internal controls documentation, risk management and environmental, social and governance (ESG) disclosures. By centralizing data and automating workflows, the company helps organizations improve accuracy, transparency and auditability across critical reporting processes.

The Workiva platform offers modular solutions that integrate with existing enterprise systems and data sources.