Workiva Inc. (NYSE:WK) Given Consensus Rating of “Moderate Buy” by Analysts

Workiva Inc. (NYSE:WK) has been assigned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $88.50.

Several brokerages have issued reports on WK. Stephens reaffirmed an “overweight” rating and issued a $68.00 target price on shares of Workiva in a report on Tuesday, May 26th. Robert W. Baird set a $74.00 price objective on shares of Workiva in a report on Wednesday, May 6th. Wall Street Zen raised shares of Workiva from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Raymond James Financial reissued an “outperform” rating and set a $85.00 price objective on shares of Workiva in a report on Wednesday, May 6th. Finally, Stifel Nicolaus decreased their price objective on shares of Workiva from $79.00 to $65.00 and set a “buy” rating for the company in a report on Wednesday, May 6th.

Insider Buying and Selling at Workiva

In other news, Director Robert H. Herz sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $49.69, for a total transaction of $49,690.00. Following the completion of the transaction, the director directly owned 34,802 shares of the company’s stock, valued at $1,729,311.38. The trade was a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.77% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd purchased a new position in shares of Workiva during the fourth quarter valued at approximately $26,000. Leonteq Securities AG purchased a new stake in Workiva during the fourth quarter valued at approximately $27,000. EverSource Wealth Advisors LLC increased its holdings in Workiva by 217.9% during the third quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock valued at $34,000 after buying an additional 268 shares during the last quarter. Allworth Financial LP increased its holdings 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. Finally, Quarry LP increased its holdings 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. 92.21% of the stock is owned by hedge funds and other institutional investors.

Workiva Stock Performance

Shares of Workiva stock opened at $47.74 on Friday. The stock has a market capitalization of $2.68 billion, a PE ratio of 207.57 and a beta of 0.51. Workiva has a 52-week low of $43.34 and a 52-week high of $97.10. The company has a 50-day simple moving average of $50.54 and a two-hundred day simple moving average of $64.84.

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

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.