Workiva (NYSE:WK) Releases Q2 2026 Earnings Guidance

Workiva (NYSE:WK) issued an update on its second quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.620-0.650 for the period, compared to the consensus earnings per share estimate of 0.420. The company issued revenue guidance of $250.0 million-$252.0 million, compared to the consensus revenue estimate of $252.1 million. Workiva also updated its FY 2026 guidance to 2.850-2.950 EPS.

Workiva Price Performance

WK stock traded down $3.42 during midday trading on Wednesday, reaching $52.00. 1,345,421 shares of the stock were exchanged, compared to its average volume of 1,001,002. The company has a fifty day moving average price of $58.74 and a 200 day moving average price of $75.12. The stock has a market capitalization of $2.95 billion, a PE ratio of -108.30 and a beta of 0.54. Workiva has a 52 week low of $49.44 and a 52 week high of $97.10.

Workiva (NYSE:WK) last posted its quarterly earnings results 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’s revenue was up 19.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.14 earnings per share. 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, analysts anticipate that Workiva will post 0.53 earnings per share for the current fiscal year.

Workiva announced that its board has authorized a stock repurchase 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 reacquire up to 7.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

WK has been the subject of a number of recent analyst reports. Robert W. Baird set a $74.00 target price on Workiva in a research report on Wednesday. Truist Financial reiterated a “buy” rating and set a $90.00 target price (down from $110.00) on shares of Workiva in a research note on Friday, February 20th. BTIG Research cut their price objective on Workiva from $90.00 to $80.00 and set a “buy” rating for the company in a report on Wednesday. Stephens set a $90.00 target price on Workiva in a report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Workiva in a research report on Wednesday, January 21st. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $90.33.

Trending Headlines about Workiva

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Q1 results beat expectations: Workiva reported $0.77 EPS vs. $0.66 consensus and revenue of $247.3M (up 19.9% YoY), showing solid top-line growth and margin improvement. Press Release
• Positive Sentiment: Management raised guidance materially: FY2026 EPS guidance was increased to $2.85–$2.95 (vs. ~2.28 consensus) and Q2 EPS guided to $0.62–$0.65, signaling stronger-than-expected near-term profitability and confidence in demand. Guidance / Press Release
• Neutral Sentiment: Earnings-call details and metrics: The Q1 earnings call transcript and analyst pieces provide additional color on customer adoption, AI positioning, and key metrics—useful for confirming whether upside is recurring. Earnings Call Transcript
• Neutral Sentiment: Analyst coverage pieces and valuation discussion: Recent write-ups review valuation and momentum; these help contextualize the stock’s run-up and near-term risks. Valuation Article
• Negative Sentiment: Stifel cut its price target from $79 to $65 (still a “buy”) — the lower target reduces upside expectations and can trigger short-term selling or dampen momentum. Benzinga
• Negative Sentiment: BTIG trimmed its target from $90 to $80 (also remains “buy”) — another analyst-led pullback in targets that likely pressured sentiment despite continued buy ratings. Benzinga The Fly TickerReport

Hedge Funds Weigh In On Workiva

Large investors have recently bought and sold shares of the business. FORA Capital LLC purchased a new position in shares of Workiva during the 2nd quarter worth approximately $569,000. Vident Advisory LLC acquired a new position in Workiva in the fourth quarter worth $455,000. Prudential Financial Inc. increased its stake in Workiva by 66.7% during the second quarter. Prudential Financial Inc. now owns 6,259 shares of the software maker’s stock valued at $428,000 after purchasing an additional 2,505 shares during the last quarter. Graham Capital Management L.P. acquired a new stake in shares of Workiva during the fourth quarter worth $392,000. Finally, Aigen Investment Management LP lifted its position in shares of Workiva by 65.3% in the 4th quarter. Aigen Investment Management LP now owns 3,869 shares of the software maker’s stock worth $334,000 after buying an additional 1,528 shares during the last quarter. 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.