Workiva (NYSE:WK) Earns “Buy” Rating from Truist Financial

Workiva (NYSE:WK)‘s stock had its “buy” rating reaffirmed by stock analysts at Truist Financial in a report released on Friday, MarketBeat.com reports. They currently have a $90.00 price objective on the software maker’s stock, down from their previous price objective of $110.00. Truist Financial’s price target indicates a potential upside of 46.52% from the company’s current price.

A number of other analysts have also issued reports on WK. BMO Capital Markets decreased their price target on Workiva from $92.00 to $83.00 and set an “outperform” rating on the stock in a research note on Friday. BTIG Research decreased their target price on shares of Workiva from $105.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday. Stifel Nicolaus lowered their target price on shares of Workiva from $98.00 to $79.00 and set a “buy” rating for the company in a report on Friday. UBS Group set a $110.00 price target on shares of Workiva in a research note on Sunday, November 9th. Finally, Stephens set a $90.00 price target on shares of Workiva in a report on Friday. Eleven analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Workiva currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.38.

Workiva Stock Performance

WK stock opened at $61.43 on Friday. The stock has a market capitalization of $3.45 billion, a P/E ratio of -127.97 and a beta of 0.62. Workiva has a one year low of $56.06 and a one year high of $97.10. The company has a 50 day moving average price of $79.54 and a two-hundred day moving average price of $82.84.

Workiva (NYSE:WK) last issued its quarterly earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.10. The business had revenue of $238.94 million for the quarter, compared to analysts’ expectations of $235.13 million. During the same period in the prior year, the company earned $0.35 EPS. The company’s revenue for the quarter 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. Research analysts forecast that Workiva will post -0.92 earnings per share for the current fiscal year.

Workiva announced that its board has initiated a share buyback program on Monday, February 16th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the software maker to buy up to 7.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On Workiva

Several institutional investors have recently bought and sold shares of WK. Eminence Capital LP lifted its holdings in shares of Workiva by 209.6% during the 2nd quarter. Eminence Capital LP now owns 2,646,768 shares of the software maker’s stock valued at $181,171,000 after acquiring an additional 1,791,768 shares in the last quarter. Edmond DE Rothschild Holding S.A. purchased a new position in Workiva in the second quarter valued at about $88,677,000. Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Workiva during the third quarter worth about $88,289,000. Assenagon Asset Management S.A. boosted its position in shares of Workiva by 14,955.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 740,102 shares of the software maker’s stock worth $63,834,000 after buying an additional 735,186 shares during the period. Finally, Norges Bank acquired a new stake in shares of Workiva in the fourth quarter valued at about $53,375,000. 92.21% of the stock is currently owned by hedge funds and other institutional investors.

Workiva News Summary

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)

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.