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

Shares of Workiva Inc. (NYSE:WK) have received an average recommendation of “Moderate Buy” from the twelve brokerages that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $88.50.

Several analysts have weighed in on WK shares. Zacks Research cut Workiva from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Stephens restated an “overweight” rating and issued a $68.00 target price on shares of Workiva in a research note on Tuesday, May 26th. Stifel Nicolaus dropped their price target on Workiva from $79.00 to $65.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Robert W. Baird set a $74.00 price target on Workiva in a research note on Wednesday, May 6th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $85.00 price objective on shares of Workiva in a report on Wednesday, May 6th.

Insider Buying and Selling at Workiva

In other news, Director Robert H. Herz sold 1,000 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $49.69, for a total value of $49,690.00. Following the sale, the director directly owned 34,802 shares of the company’s stock, valued at $1,729,311.38. This represents a 2.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 4.77% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Hawk Ridge Capital Management LP purchased a new stake in shares of Workiva in the 1st quarter worth approximately $65,091,000. Hotchkis & Wiley Capital Management LLC purchased a new position in Workiva during the third quarter valued at $88,289,000. Assenagon Asset Management S.A. raised its stake in 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 last quarter. Norges Bank bought a new stake in Workiva in the fourth quarter worth $53,375,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Workiva by 88.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,109,646 shares of the software maker’s stock worth $66,168,000 after acquiring an additional 520,839 shares in the last quarter. 92.21% of the stock is owned by hedge funds and other institutional investors.

Workiva Trading Down 1.5%

Shares of NYSE WK opened at $53.70 on Wednesday. Workiva has a 12 month low of $43.34 and a 12 month high of $97.10. The firm has a market capitalization of $3.01 billion, a PE ratio of 233.47 and a beta of 0.50. The firm has a fifty day simple moving average of $49.45 and a two-hundred day simple moving average of $61.16.

Workiva (NYSE:WK) last posted 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. The firm had revenue of $247.31 million during the quarter, compared to analysts’ expectations of $245.17 million. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The company’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period last year, the company posted $0.14 EPS. 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, sell-side analysts predict that Workiva will post 0.92 earnings per share for the current year.

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.