Workiva (NYSE:WK) Issues FY 2026 Earnings Guidance

Workiva (NYSE:WK) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.850-2.950 for the period, compared to the consensus EPS estimate of 2.280. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Workiva also updated its Q2 2026 guidance to 0.620-0.650 EPS.

Workiva Price Performance

Shares of Workiva stock traded down $1.23 during midday trading on Tuesday, reaching $55.35. The company had a trading volume of 1,422,794 shares, compared to its average volume of 997,285. The stock has a fifty day moving average price of $58.87 and a 200 day moving average price of $75.34. The firm has a market cap of $3.15 billion, a PE ratio of -115.32 and a beta of 0.54. Workiva has a fifty-two week low of $50.98 and a fifty-two week high of $97.10.

Workiva (NYSE:WK) last issued its quarterly earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.11. The business had revenue of $247.31 million during the quarter, compared to analyst estimates of $245.17 million. During the same period last year, the firm posted $0.14 earnings per share. Workiva’s quarterly revenue was up 19.9% compared to the same quarter last year. 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, sell-side analysts forecast that Workiva will post 0.53 EPS for the current year.

Workiva declared that its Board of Directors has initiated a stock buyback plan on Monday, February 16th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the software maker to repurchase up to 7.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Stifel Nicolaus dropped their price target on Workiva from $98.00 to $79.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Citigroup reissued a “buy” rating on shares of Workiva in a research note on Monday, February 23rd. Stephens set a $90.00 price target on Workiva in a research note on Friday, February 20th. The Goldman Sachs Group restated a “buy” rating and set a $102.00 price objective on shares of Workiva in a report on Friday, February 20th. Finally, BTIG Research decreased their price objective on Workiva from $105.00 to $90.00 and set a “buy” rating for the company in a report on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $95.00.

Institutional Investors Weigh In On Workiva

Several institutional investors have recently bought and sold shares of the stock. Invesco Ltd. grew its holdings in Workiva by 2.7% during the fourth quarter. Invesco Ltd. now owns 41,770 shares of the software maker’s stock worth $3,603,000 after buying an additional 1,082 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in Workiva by 86.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 15,584 shares of the software maker’s stock worth $1,344,000 after buying an additional 7,228 shares in the last quarter. Vident Advisory LLC bought a new stake in Workiva during the fourth quarter worth $455,000. Fuller & Thaler Asset Management Inc. grew its holdings in Workiva by 11.4% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 893,859 shares of the software maker’s stock worth $77,095,000 after buying an additional 91,808 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in Workiva by 8.2% during the fourth quarter. Empowered Funds LLC now owns 6,775 shares of the software maker’s stock worth $584,000 after buying an additional 512 shares in the last quarter. 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.