Workiva (NYSE:WK) Given New $83.00 Price Target at BMO Capital Markets

Workiva (NYSE:WK) had its price objective trimmed by BMO Capital Markets from $92.00 to $83.00 in a research note released on Friday morning, MarketBeat Ratings reports. The firm currently has an outperform rating on the software maker’s stock.

A number of other analysts also recently weighed in on WK. Stifel Nicolaus set a $98.00 price target on Workiva in a research note on Thursday, November 6th. Raymond James Financial restated an “outperform” rating and set a $105.00 target price on shares of Workiva in a research report on Wednesday, December 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Workiva in a report on Wednesday, January 21st. Stephens boosted their price objective on shares of Workiva from $96.00 to $100.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $110.00 target price on shares of Workiva in a research report on Thursday, November 6th. Eleven investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.38.

Workiva Stock Performance

Shares of WK opened at $61.43 on Friday. The stock has a market capitalization of $3.45 billion, a P/E ratio of -127.97 and a beta of 0.62. Workiva has a 1 year low of $56.06 and a 1 year high of $97.10. The company’s fifty day moving average is $79.54 and its two-hundred day moving average is $82.81.

Workiva (NYSE:WK) last issued its earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.10. The firm had revenue of $238.94 million during the quarter, compared to analysts’ expectations of $235.13 million. The firm’s revenue was up 19.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.35 EPS. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. Sell-side analysts predict that Workiva will post -0.92 EPS for the current year.

Workiva declared that its board has authorized a stock repurchase program on Monday, February 16th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the software maker to reacquire up to 7.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Institutional Trading of Workiva

A number of large investors have recently made changes to their positions in the stock. Eminence Capital LP raised its stake in Workiva by 209.6% in the 2nd quarter. Eminence Capital LP now owns 2,646,768 shares of the software maker’s stock valued at $181,171,000 after purchasing an additional 1,791,768 shares during the last quarter. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Workiva during the second quarter worth about $88,677,000. Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Workiva in the third quarter valued at approximately $88,289,000. Assenagon Asset Management S.A. lifted its stake in shares of Workiva by 14,955.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 740,102 shares of the software maker’s stock valued at $63,834,000 after buying an additional 735,186 shares during the period. Finally, Norges Bank acquired a new stake in Workiva during the fourth quarter worth approximately $53,375,000. Institutional investors and hedge funds own 92.21% of the company’s stock.

Key Headlines Impacting Workiva

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Q4 results beat consensus — EPS $0.78 vs $0.68 and revenue $238.9M, with revenue up ~19.5% year-over-year; management described accelerated growth and profitability. Workiva Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Management issued very strong guidance: Q1‑2026 EPS 0.640–0.670 (well above consensus) and FY‑2026 EPS 2.660–2.760, signaling confidence in subscription momentum and margin leverage. Workiva Q4 earnings & guidance (MarketBeat)
• Positive Sentiment: Board approved a $250 million share repurchase program (about 7.7% of shares outstanding), which supports buybacks as a near-term demand for shares and signals the board views valuation as attractive. RTT News — Stock Buybacks
• Positive Sentiment: Company expects ~19% subscription revenue growth in 2026, citing AI adoption and increased multi‑product sales as drivers — suggests top-line durability and product-led expansion. Workiva expects 19% subscription revenue growth (Seeking Alpha)
• Neutral Sentiment: Several firms reiterated buy/outperform ratings even as they adjusted models — that keeps institutional sentiment broadly constructive but shows analysts are recalibrating targets vs. prior estimates. Truist/analyst note (The Fly)
• Negative Sentiment: Multiple price-target cuts (e.g., BTIG 105→90, Truist 110→90, BMO 92→83) reduce modeled upside and indicate some analyst caution on valuation and near-term multiple expansion. BTIG price-target cut (The Fly) Truist price-target cut (The Fly)

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.