BTIG Research Has Lowered Expectations for Workiva (NYSE:WK) Stock Price

Workiva (NYSE:WK) had its price target decreased by equities researchers at BTIG Research from $105.00 to $90.00 in a research note issued to investors on Friday, Marketbeat reports. The brokerage presently has a “buy” rating on the software maker’s stock. BTIG Research’s price objective suggests a potential upside of 46.52% from the company’s current price.

Several other equities analysts have also commented on WK. Raymond James Financial reissued an “outperform” rating and issued a $105.00 target price on shares of Workiva in a report on Wednesday, December 10th. Truist Financial upped their price objective on Workiva from $95.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. BMO Capital Markets cut their target price on Workiva from $92.00 to $83.00 and set an “outperform” rating on the stock in a research report on Friday. The Goldman Sachs Group restated a “buy” rating and set a $110.00 target price on shares of Workiva in a research note on Thursday, November 6th. Finally, Stifel Nicolaus set a $98.00 price target on Workiva in a report on Thursday, November 6th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Workiva presently has a consensus rating of “Moderate Buy” and an average target price of $95.38.

Workiva Stock Performance

WK stock opened at $61.43 on Friday. The company’s 50 day moving average price is $79.54 and its 200 day moving average price is $82.84. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of -127.97 and a beta of 0.62. Workiva has a fifty-two week low of $56.06 and a fifty-two week high of $97.10.

Workiva (NYSE:WK) last issued its quarterly earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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. During the same quarter in the prior year, the firm earned $0.35 EPS. The firm’s revenue was up 19.5% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. Equities analysts forecast that Workiva will post -0.92 EPS for the current fiscal year.

Workiva declared that its board has initiated a share repurchase program on Monday, February 16th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the software maker to buy up to 7.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On Workiva

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Workiva by 0.7% during the third quarter. Vanguard Group Inc. now owns 6,281,317 shares of the software maker’s stock worth $540,696,000 after acquiring an additional 46,254 shares during the last quarter. Eminence Capital LP raised its position in Workiva by 40.7% in the 3rd quarter. Eminence Capital LP now owns 3,723,546 shares of the software maker’s stock valued at $320,523,000 after purchasing an additional 1,076,778 shares during the last quarter. Nordea Investment Management AB boosted its stake in Workiva by 50.7% during the 3rd quarter. Nordea Investment Management AB now owns 1,368,401 shares of the software maker’s stock worth $115,589,000 after purchasing an additional 460,540 shares during the period. Edmond DE Rothschild Holding S.A. purchased a new position in Workiva during the 2nd quarter worth $88,677,000. Finally, Geode Capital Management LLC increased its stake in Workiva by 0.3% in the second quarter. Geode Capital Management LLC now owns 1,207,108 shares of the software maker’s stock valued at $82,637,000 after purchasing an additional 4,056 shares during the period. Hedge funds and other institutional investors own 92.21% of the company’s stock.

More Workiva News

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.