Workiva (NYSE:WK) Issues Q3 2026 Earnings Guidance

Workiva (NYSE:WK) updated its third quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.790-0.820 for the period, compared to the consensus estimate of 0.570. The company issued revenue guidance of $260.0 million-$262.0 million, compared to the consensus revenue estimate of $261.8 million. Workiva also updated its FY 2026 guidance to 3.380-3.390 EPS.

Workiva Stock Up 2.5%

Shares of NYSE WK traded up $1.56 during mid-day trading on Wednesday, hitting $62.81. 590,952 shares of the company traded hands, compared to its average volume of 1,003,847. The business has a 50 day moving average of $51.82 and a two-hundred day moving average of $57.95. The stock has a market capitalization of $3.52 billion, a price-to-earnings ratio of 273.22 and a beta of 0.46. Workiva has a 1 year low of $43.34 and a 1 year high of $97.10.

Workiva (NYSE:WK) last announced its earnings results on Tuesday, August 4th. The software maker reported $0.77 EPS for the quarter, topping the consensus estimate of $0.64 by $0.13. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The company had revenue of $255.29 million during the quarter, compared to analysts’ expectations of $251.16 million. During the same period last year, the company posted $0.19 earnings per share. The business’s revenue for the quarter was up 18.6% on a year-over-year basis. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. As a group, research analysts anticipate that Workiva will post 0.92 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on WK shares. BTIG Research reduced their price objective on Workiva from $80.00 to $70.00 and set a “buy” rating for the company in a research note on Wednesday. Weiss Ratings cut shares of Workiva from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 22nd. Raymond James Financial reiterated an “outperform” rating and issued a $85.00 target price on shares of Workiva in a research report on Wednesday, May 6th. Stifel Nicolaus set a $70.00 target price on Workiva in a research note on Wednesday. Finally, Robert W. Baird set a $74.00 price target on Workiva in a research note on Wednesday, May 6th. Ten analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $84.75.

Insider Activity at Workiva

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

Trending Headlines about Workiva

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Workiva reported second-quarter EPS of $0.77, exceeding the $0.64 analyst consensus and rising sharply from $0.19 a year earlier. Revenue increased 18.6% year over year to $255.29 million, topping estimates of $251.16 million. Workiva Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management issued significantly stronger earnings guidance: third-quarter EPS is expected at $0.79-$0.82 versus the $0.57 consensus, while full-year 2026 EPS guidance is $3.38-$3.39 versus expectations of $2.51. Workiva Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Workiva expects 2026 revenue of approximately $1.040 billion-$1.044 billion and is targeting an approximately 18% non-GAAP operating margin, signaling continued growth alongside improving profitability. Workiva 2026 Revenue and Margin Outlook
• Neutral Sentiment: Despite the earnings and guidance beats, reports indicate the stock declined after the release, suggesting investors may have been looking for an even stronger outlook or were taking profits after the announcement. Workiva Exceeds Q2 Expectations but Stock Drops
• Negative Sentiment: BTIG Research lowered its Workiva price target from $80 to $70, although it maintained a Buy rating. The reduced target could weigh on sentiment even though it still implies meaningful upside from recent trading levels. BTIG Research Price Target Update

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Workiva in the fourth quarter worth about $26,000. Quarry LP increased its position in Workiva by 396.3% in the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock worth $35,000 after buying an additional 325 shares during the period. 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 valued at $35,000 after acquiring an additional 186 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of Workiva in the fourth quarter worth $93,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Workiva by 40.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,797 shares of the software maker’s stock valued at $155,000 after purchasing an additional 521 shares during the period. Institutional investors and hedge funds own 92.21% of the company’s stock.

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.