Workiva Inc. (NYSE:WK) Given Average Recommendation of “Moderate Buy” by Brokerages

Workiva Inc. (NYSE:WK) has been assigned an average recommendation of “Moderate Buy” from the twelve research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, ten have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $90.3333.

Several brokerages have recently commented on WK. Stephens set a $90.00 target price on Workiva in a research note on Friday, February 20th. BMO Capital Markets dropped their price target on Workiva from $92.00 to $83.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Robert W. Baird set a $74.00 price target on Workiva in a report on Wednesday, May 6th. Citigroup reissued a “buy” rating on shares of Workiva in a report on Monday, February 23rd. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $102.00 price target on shares of Workiva in a report on Friday, February 20th.

Workiva Trading Up 0.0%

Shares of NYSE WK opened at $50.31 on Tuesday. Workiva has a 12 month low of $43.34 and a 12 month high of $97.10. The stock has a 50 day moving average of $55.18 and a 200-day moving average of $71.31. The company has a market capitalization of $2.82 billion, a P/E ratio of 218.75 and a beta of 0.54.

Workiva (NYSE:WK) last issued its earnings results on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, topping the consensus estimate of $0.66 by $0.11. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The company had revenue of $247.31 million during the quarter, compared to the consensus estimate of $245.17 million. During the same period in the previous year, the company posted $0.14 EPS. The firm’s revenue for the quarter 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. Analysts predict that Workiva will post 0.92 EPS for the current fiscal year.

Workiva announced that its board has authorized a stock buyback program on Monday, February 16th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the software maker to purchase up to 7.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Workiva

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd acquired a new position in Workiva in the 4th quarter valued at $26,000. Leonteq Securities AG acquired a new position in Workiva in the 4th quarter valued at $27,000. EverSource Wealth Advisors LLC raised its holdings in Workiva by 217.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock valued at $34,000 after acquiring an additional 268 shares in the last quarter. Allworth Financial LP raised its holdings in Workiva by 82.3% in the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after acquiring an additional 186 shares in the last quarter. Finally, Quarry LP raised its holdings in Workiva by 396.3% in the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock valued at $35,000 after acquiring an additional 325 shares in the last quarter. 92.21% of the stock is owned by institutional investors and hedge funds.

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.