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

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

Several equities research analysts have issued reports on WK shares. Stephens reaffirmed an “overweight” rating and set a $68.00 price target on shares of Workiva in a research note on Tuesday, May 26th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $102.00 price target on shares of Workiva in a research note on Friday, February 20th. Zacks Research raised shares of Workiva from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Robert W. Baird set a $74.00 price target on shares of Workiva in a research note on Wednesday, May 6th. Finally, Citigroup reaffirmed a “buy” rating on shares of Workiva in a research note on Monday, February 23rd.

Institutional Investors Weigh In On Workiva

Hedge funds have recently modified their holdings of the company. Wealth Alliance LLC boosted its position in shares of Workiva by 4.7% in the third quarter. Wealth Alliance LLC now owns 3,268 shares of the software maker’s stock worth $281,000 after acquiring an additional 146 shares during the last quarter. LPL Financial LLC boosted its position in shares of Workiva by 0.9% in the fourth quarter. LPL Financial LLC now owns 20,475 shares of the software maker’s stock worth $1,766,000 after acquiring an additional 185 shares during the last quarter. Allworth Financial LP boosted its position in shares of Workiva by 82.3% in the third quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after acquiring an additional 186 shares during the last quarter. Arizona State Retirement System raised its holdings in Workiva by 1.4% in the third quarter. Arizona State Retirement System now owns 14,586 shares of the software maker’s stock valued at $1,256,000 after buying an additional 195 shares during the period. Finally, State of Wyoming raised its holdings in Workiva by 15.4% in the third quarter. State of Wyoming now owns 1,553 shares of the software maker’s stock valued at $134,000 after buying an additional 207 shares during the period. 92.21% of the stock is owned by institutional investors and hedge funds.

Workiva Stock Performance

Shares of Workiva stock opened at $49.98 on Tuesday. The company has a market cap of $2.80 billion, a P/E ratio of 217.29 and a beta of 0.54. Workiva has a one year low of $43.34 and a one year high of $97.10. The firm has a fifty day moving average of $54.12 and a two-hundred day moving average of $70.36.

Workiva (NYSE:WK) last announced its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.11. The company had revenue of $247.31 million during the quarter, compared to the consensus estimate of $245.17 million. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. Workiva’s quarterly revenue was up 19.9% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, equities analysts predict that Workiva will post 0.92 earnings per share for the current year.

Workiva announced that its board has initiated a stock buyback program on Monday, February 16th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the software maker to purchase up to 7.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

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.