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

Workiva Inc. (NYSE:WK) has earned an average recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $88.50.

A number of equities analysts recently issued reports on the company. Citigroup reaffirmed a “buy” rating on shares of Workiva in a report on Monday, February 23rd. Raymond James Financial reiterated an “outperform” rating and issued a $85.00 price objective on shares of Workiva in a research note on Wednesday, May 6th. BMO Capital Markets reduced their price objective on Workiva from $92.00 to $83.00 and set an “outperform” rating for the company in a research note on Friday, February 20th. Stephens reiterated an “overweight” rating and issued a $68.00 price objective on shares of Workiva in a research note on Tuesday, May 26th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $102.00 price objective on shares of Workiva in a research note on Friday, February 20th.

Workiva Stock Down 0.3%

Shares of WK opened at $47.25 on Friday. The stock has a 50 day moving average price of $51.00 and a 200 day moving average price of $65.96. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of 205.43 and a beta of 0.51. Workiva has a 52-week low of $43.34 and a 52-week high of $97.10.

Workiva (NYSE:WK) last announced its quarterly earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. The firm had revenue of $247.31 million during the quarter, compared to the consensus estimate of $245.17 million. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the company posted $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. On average, equities analysts anticipate that Workiva will post 0.92 EPS for the current fiscal year.

Insiders Place Their Bets

In other Workiva 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 owned 34,802 shares in the company, valued at approximately $1,729,311.38. The trade was a 2.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 4.77% of the company’s stock.

Institutional Investors Weigh In On Workiva

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WK. Wealth Alliance LLC raised its holdings in shares of Workiva by 4.7% in the 3rd quarter. Wealth Alliance LLC now owns 3,268 shares of the software maker’s stock worth $281,000 after purchasing an additional 146 shares during the period. LPL Financial LLC raised its holdings in shares of Workiva by 0.9% in the 4th quarter. LPL Financial LLC now owns 20,475 shares of the software maker’s stock worth $1,766,000 after purchasing an additional 185 shares during the period. Allworth Financial LP raised its holdings in shares of Workiva by 82.3% in the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after purchasing an additional 186 shares during the period. King Luther Capital Management Corp raised its holdings in shares of Workiva by 0.3% in the 4th quarter. King Luther Capital Management Corp now owns 80,083 shares of the software maker’s stock worth $6,907,000 after purchasing an additional 248 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in shares of Workiva by 66.0% in the 4th quarter. Farther Finance Advisors LLC now owns 669 shares of the software maker’s stock worth $58,000 after purchasing an additional 266 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.