Workiva Inc. (NYSE:WK) Receives Consensus Rating of “Moderate Buy” from Analysts

Workiva Inc. (NYSE:WK) has earned a consensus rating of “Moderate Buy” from the twelve research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and eleven have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $95.3846.

Several equities analysts recently commented on WK shares. BTIG Research cut their target price on Workiva from $105.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Workiva in a research note on Wednesday, January 21st. Raymond James Financial reaffirmed an “outperform” rating and set a $105.00 price objective on shares of Workiva in a report on Wednesday, December 10th. Robert W. Baird cut their price objective on Workiva from $115.00 to $86.00 and set an “outperform” rating for the company in a research report on Friday, February 20th. Finally, Truist Financial reissued a “buy” rating and issued a $90.00 price objective (down from $110.00) on shares of Workiva in a research note on Friday, February 20th.

Institutional Investors Weigh In On Workiva

A number of hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC raised its stake in shares of Workiva by 44.5% in the first quarter. Millennium Management LLC now owns 237,746 shares of the software maker’s stock worth $18,047,000 after acquiring an additional 73,266 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of Workiva during the first quarter valued at approximately $421,000. Prudential Financial Inc. increased its holdings in shares of Workiva by 66.7% in the second quarter. Prudential Financial Inc. now owns 6,259 shares of the software maker’s stock valued at $428,000 after purchasing an additional 2,505 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of Workiva by 9.9% in the second quarter. Hsbc Holdings PLC now owns 28,541 shares of the software maker’s stock valued at $1,935,000 after purchasing an additional 2,564 shares in the last quarter. Finally, Norges Bank bought a new position in Workiva in the 2nd quarter worth approximately $40,230,000. Institutional investors own 92.21% of the company’s stock.

Workiva Stock Performance

NYSE:WK opened at $60.00 on Monday. The company has a 50-day moving average of $64.19 and a 200-day moving average of $79.34. The company has a market capitalization of $3.41 billion, a price-to-earnings ratio of -124.99 and a beta of 0.68. Workiva has a 52 week low of $56.06 and a 52 week high of $97.10.

Workiva (NYSE:WK) last posted its earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.10. The business had revenue of $238.94 million during the quarter, compared to the consensus estimate of $235.13 million. The business’s revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.35 EPS. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. Sell-side analysts forecast that Workiva will post -0.92 EPS for the current year.

Workiva declared that its board has initiated a share buyback plan on Monday, February 16th that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the software maker to purchase up to 7.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

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.