Workiva (NYSE:WK) Shares Gap Up Following Earnings Beat

Shares of Workiva Inc. (NYSE:WK) gapped up prior to trading on Friday following a better than expected earnings announcement. The stock had previously closed at $59.26, but opened at $65.22. Workiva shares last traded at $64.9430, with a volume of 332,948 shares trading hands.

The software maker reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.10. The company had revenue of $238.94 million during the quarter, compared to analysts’ expectations of $235.13 million. The company’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period last year, the business posted $0.35 earnings per share. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS.

Workiva announced that its board has authorized a stock buyback plan on Monday, February 16th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the software maker to reacquire up to 7.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.

Trending Headlines about 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)

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on WK. Stifel Nicolaus lowered their price objective on shares of Workiva from $98.00 to $79.00 and set a “buy” rating on the stock in a research note on Friday. BMO Capital Markets lowered their price target on shares of Workiva from $92.00 to $83.00 and set an “outperform” rating on the stock in a research report on Friday. Stephens set a $90.00 price objective on shares of Workiva in a research note on Friday. BTIG Research reduced their target price on Workiva from $105.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Truist Financial reiterated a “buy” rating and set a $90.00 target price (down previously from $110.00) on shares of Workiva in a report on Friday. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Workiva currently has an average rating of “Moderate Buy” and an average price target of $95.38.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC raised its stake in shares of Workiva by 287.8% in the 3rd quarter. GAMMA Investing LLC now owns 287 shares of the software maker’s stock valued at $25,000 after acquiring an additional 213 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Workiva in the 4th quarter valued at $26,000. Leonteq Securities AG purchased a new position in Workiva in the fourth quarter valued at about $27,000. EverSource Wealth Advisors LLC lifted its stake in shares of Workiva by 217.9% during the third quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock worth $34,000 after purchasing an additional 268 shares in the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Workiva by 82.3% during the third quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after purchasing an additional 186 shares in the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Workiva Price Performance

The company has a market cap of $3.45 billion, a PE ratio of -127.97 and a beta of 0.62. The company has a 50-day moving average price of $79.54 and a two-hundred day moving average price of $82.81.

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.