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

Shares of Workiva Inc. (NYSE:WK) have been assigned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $84.75.

A number of research analysts have weighed in on the stock. UBS Group set a $70.00 price objective on shares of Workiva in a report on Wednesday, August 5th. Weiss Ratings raised shares of Workiva from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Raymond James Financial restated an “outperform” rating and set a $85.00 target price on shares of Workiva in a research report on Wednesday, May 6th. Zacks Research upgraded Workiva from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Finally, Robert W. Baird set a $74.00 price target on Workiva in a report on Wednesday, May 6th.

Workiva Price Performance

Shares of NYSE WK opened at $70.62 on Friday. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 86.13 and a beta of 0.46. The firm’s 50 day simple moving average is $54.64 and its 200-day simple moving average is $57.22. Workiva has a 12 month low of $43.34 and a 12 month high of $97.10.

Workiva (NYSE:WK) last posted its earnings results on Tuesday, August 4th. The software maker reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.13. Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. The firm had revenue of $255.29 million during the quarter, compared to analysts’ expectations of $251.16 million. During the same period in the previous year, the business posted $0.19 EPS. The business’s revenue was up 18.6% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. Analysts anticipate that Workiva will post 1.31 earnings per share for the current fiscal year.

Insider Buying and Selling

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 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 $1,729,311.38. The trade was a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 4.77% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Assenagon Asset Management S.A. purchased a new stake in Workiva in the 2nd quarter worth $4,661,000. Comerica Bank lifted its holdings in Workiva by 28.8% during the fourth quarter. Comerica Bank now owns 151,317 shares of the software maker’s stock valued at $13,051,000 after purchasing an additional 33,829 shares in the last quarter. First Trust Advisors LP lifted its holdings in Workiva by 16.4% during the first quarter. First Trust Advisors LP now owns 862,936 shares of the software maker’s stock valued at $51,457,000 after purchasing an additional 121,643 shares in the last quarter. Conestoga Capital Advisors LLC lifted its holdings in Workiva by 8.7% during the fourth quarter. Conestoga Capital Advisors LLC now owns 1,083,243 shares of the software maker’s stock valued at $93,430,000 after purchasing an additional 87,056 shares in the last quarter. Finally, Ranger Investment Management L.P. grew its position in shares of Workiva by 11.5% in the first quarter. Ranger Investment Management L.P. now owns 342,185 shares of the software maker’s stock valued at $20,404,000 after purchasing an additional 35,329 shares during the period. Hedge funds and other institutional investors 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.