Workiva (NYSE:WK) Updates Q1 2026 Earnings Guidance

Workiva (NYSE:WK) updated its first quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.640-0.670 for the period, compared to the consensus EPS estimate of 0.160. The company issued revenue guidance of $244.0 million-$246.0 million, compared to the consensus revenue estimate of $239.9 million. Workiva also updated its FY 2026 guidance to 2.660-2.760 EPS.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on WK shares. BMO Capital Markets dropped their price objective on shares of Workiva from $92.00 to $83.00 and set an “outperform” rating on the stock in a research note on Friday. UBS Group set a $110.00 target price on Workiva in a research note on Sunday, November 9th. BTIG Research dropped their target price on Workiva from $105.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday. Truist Financial restated a “buy” rating and set a $90.00 price objective (down from $110.00) on shares of Workiva in a report on Friday. Finally, Robert W. Baird reduced their target price on Workiva from $115.00 to $86.00 and set an “outperform” rating for the company in a research note on Friday. Eleven analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $95.38.

Workiva Trading Up 3.7%

NYSE:WK opened at $61.43 on Friday. The stock has a 50 day moving average of $79.54 and a 200-day moving average of $82.81. The firm has a market capitalization of $3.45 billion, a PE ratio of -127.97 and a beta of 0.62. Workiva has a 52 week low of $56.06 and a 52 week high of $97.10.

Workiva (NYSE:WK) last released its quarterly earnings data on Thursday, February 19th. The software maker reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.10. The company had revenue of $238.94 million for the quarter, compared to analyst estimates of $235.13 million. The company’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.35 EPS. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. As a group, analysts predict that Workiva will post -0.92 EPS for the current fiscal year.

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

Key Workiva News

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Q4 results beat consensus — EPS $0.78 vs $0.68 and revenue $238.9M, with revenue up ~19.5% year-over-year; management described accelerated growth and profitability. Workiva Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Management issued very strong guidance: Q1‑2026 EPS 0.640–0.670 (well above consensus) and FY‑2026 EPS 2.660–2.760, signaling confidence in subscription momentum and margin leverage. Workiva Q4 earnings & guidance (MarketBeat)
• Positive Sentiment: Board approved a $250 million share repurchase program (about 7.7% of shares outstanding), which supports buybacks as a near-term demand for shares and signals the board views valuation as attractive. RTT News — Stock Buybacks
• Positive Sentiment: Company expects ~19% subscription revenue growth in 2026, citing AI adoption and increased multi‑product sales as drivers — suggests top-line durability and product-led expansion. Workiva expects 19% subscription revenue growth (Seeking Alpha)
• Neutral Sentiment: Several firms reiterated buy/outperform ratings even as they adjusted models — that keeps institutional sentiment broadly constructive but shows analysts are recalibrating targets vs. prior estimates. Truist/analyst note (The Fly)
• Negative Sentiment: Multiple price-target cuts (e.g., BTIG 105→90, Truist 110→90, BMO 92→83) reduce modeled upside and indicate some analyst caution on valuation and near-term multiple expansion. BTIG price-target cut (The Fly) Truist price-target cut (The Fly)

Hedge Funds Weigh In On Workiva

Hedge funds and other institutional investors have recently made changes to their positions in the business. Empowered Funds LLC bought a new stake in Workiva during the 1st quarter valued at $421,000. Graham Capital Management L.P. bought a new stake in shares of Workiva during the fourth quarter valued at about $392,000. Vanguard Personalized Indexing Management LLC lifted its holdings in Workiva by 10.5% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 4,368 shares of the software maker’s stock worth $377,000 after purchasing an additional 416 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Workiva in the 4th quarter valued at about $370,000. Finally, Aigen Investment Management LP grew its position in Workiva by 65.3% in the 4th quarter. Aigen Investment Management LP now owns 3,869 shares of the software maker’s stock valued at $334,000 after buying an additional 1,528 shares in the last quarter. 92.21% of the stock is currently owned by institutional investors and hedge funds.

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.