Workiva (NYSE:WK) Updates Q2 2026 Earnings Guidance

Workiva (NYSE:WK) issued an update on its second quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.620-0.650 for the period, compared to the consensus earnings per share estimate of 0.420. The company issued revenue guidance of $250.0 million-$252.0 million, compared to the consensus revenue estimate of $252.1 million. Workiva also updated its FY 2026 guidance to 2.850-2.950 EPS.

Workiva Price Performance

Workiva stock traded down $1.23 during mid-day trading on Tuesday, reaching $55.35. 1,393,609 shares of the stock traded hands, compared to its average volume of 993,443. The stock has a market capitalization of $3.15 billion, a PE ratio of -115.32 and a beta of 0.54. Workiva has a 12-month low of $50.98 and a 12-month high of $97.10. The business’s 50-day moving average is $58.87 and its 200-day moving average is $75.34.

Workiva (NYSE:WK) last posted its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. The firm had revenue of $247.31 million for the quarter, compared to analysts’ expectations of $245.17 million. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. Equities analysts anticipate that Workiva will post 0.53 EPS for the current fiscal year.

Workiva announced that its board has approved a share repurchase plan on Monday, February 16th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the software maker to reacquire up to 7.7% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

WK has been the subject of a number of research reports. The Goldman Sachs Group reiterated a “buy” rating and set a $102.00 price objective on shares of Workiva in a research report on Friday, February 20th. BMO Capital Markets reduced their price objective on Workiva from $92.00 to $83.00 and set an “outperform” rating for the company in a research report on Friday, February 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Workiva in a research report on Wednesday, January 21st. Stephens set a $90.00 price target on Workiva in a research report on Friday, February 20th. Finally, Stifel Nicolaus reduced their price target on Workiva from $98.00 to $79.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Ten investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Workiva presently has an average rating of “Moderate Buy” and a consensus price target of $95.00.

Institutional Trading of Workiva

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Hotchkis & Wiley Capital Management LLC purchased a new stake in Workiva in the third quarter worth about $88,289,000. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Workiva by 11.4% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 893,859 shares of the software maker’s stock worth $77,095,000 after acquiring an additional 91,808 shares during the period. UBS Group AG boosted its stake in shares of Workiva by 40.8% in the third quarter. UBS Group AG now owns 778,118 shares of the software maker’s stock worth $66,980,000 after acquiring an additional 225,449 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of Workiva by 12.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 588,807 shares of the software maker’s stock worth $50,785,000 after acquiring an additional 64,999 shares during the period. Finally, Barclays PLC boosted its stake in shares of Workiva by 531.6% in the fourth quarter. Barclays PLC now owns 582,586 shares of the software maker’s stock worth $50,248,000 after acquiring an additional 490,351 shares during the period. Hedge funds and other 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.