Workiva Inc. (NYSE:WK) Receives $90.33 Average PT from Analysts

Shares of Workiva Inc. (NYSE:WK) have earned an average recommendation of “Moderate Buy” from the twelve research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $88.50.

A number of equities research analysts recently weighed in on the stock. BTIG Research decreased their price objective on shares of Workiva from $90.00 to $80.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Truist Financial reiterated a “buy” rating and set a $90.00 price objective (down from $110.00) on shares of Workiva in a report on Friday, February 20th. Zacks Research upgraded shares of Workiva from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Robert W. Baird set a $74.00 price objective on shares of Workiva in a report on Wednesday, May 6th. Finally, Wall Street Zen upgraded shares of Workiva from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th.

Institutional Investors Weigh In On Workiva

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WK. Wealth Alliance LLC raised its holdings in shares of Workiva by 4.7% in the 3rd quarter. Wealth Alliance LLC now owns 3,268 shares of the software maker’s stock valued at $281,000 after purchasing an additional 146 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Workiva by 0.9% in the 4th quarter. LPL Financial LLC now owns 20,475 shares of the software maker’s stock valued at $1,766,000 after purchasing an additional 185 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Workiva by 82.3% in the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after purchasing an additional 186 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of Workiva by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 14,586 shares of the software maker’s stock valued at $1,256,000 after purchasing an additional 195 shares in the last quarter. Finally, State of Wyoming raised its holdings in shares of Workiva by 15.4% in the 3rd quarter. State of Wyoming now owns 1,553 shares of the software maker’s stock valued at $134,000 after purchasing an additional 207 shares in the last quarter. Institutional investors own 92.21% of the company’s stock.

Workiva Trading Up 6.2%

WK stock opened at $52.85 on Tuesday. Workiva has a 12 month low of $43.34 and a 12 month high of $97.10. The company has a 50-day moving average price of $53.94 and a 200 day moving average price of $69.94. The stock has a market cap of $2.97 billion, a PE ratio of 229.79 and a beta of 0.54.

Workiva (NYSE:WK) last released its quarterly earnings results on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.11. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The firm had revenue of $247.31 million during the quarter, compared to analysts’ expectations of $245.17 million. During the same period in the previous year, the company earned $0.14 EPS. The firm’s revenue for the quarter was up 19.9% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. Sell-side analysts forecast that Workiva will post 0.92 EPS for the current year.

Workiva announced that its Board of Directors has authorized a share repurchase plan on Monday, February 16th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the software maker to reacquire up to 7.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

About Workiva

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.