Analysts Set Workiva Inc. (NYSE:WK) Target Price at $88.50

Workiva Inc. (NYSE:WK) has received a consensus recommendation of “Moderate Buy” from the twelve research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $88.50.

Several research firms have commented on WK. Zacks Research cut shares of Workiva from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Raymond James Financial reaffirmed an “outperform” rating and issued a $85.00 price target on shares of Workiva in a research note on Wednesday, May 6th. Robert W. Baird set a $74.00 price objective on shares of Workiva in a report on Wednesday, May 6th. BTIG Research lowered their price objective on shares of Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Stifel Nicolaus lowered their price objective on shares of Workiva from $79.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th.

Insider Transactions at Workiva

In other Workiva news, Director Robert H. Herz sold 1,000 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $49.69, for a total transaction of $49,690.00. Following the completion of the transaction, the director directly owned 34,802 shares of the company’s stock, valued at approximately $1,729,311.38. This trade represents a 2.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 4.77% of the company’s stock.

Institutional Trading of Workiva

Several institutional investors have recently modified their holdings of the company. Assenagon Asset Management S.A. increased 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 acquiring an additional 735,186 shares in the last quarter. Comerica Bank raised its holdings in shares of Workiva by 28.8% during the fourth quarter. Comerica Bank now owns 151,317 shares of the software maker’s stock valued at $13,051,000 after acquiring an additional 33,829 shares during the period. Conestoga Capital Advisors LLC lifted its position in shares of Workiva by 8.7% in the 4th quarter. Conestoga Capital Advisors LLC now owns 1,083,243 shares of the software maker’s stock valued at $93,430,000 after acquiring an additional 87,056 shares in the last quarter. Norges Bank purchased a new stake in shares of Workiva in the 4th quarter valued at approximately $53,375,000. Finally, Private Wealth Asset Management LLC lifted its position in shares of Workiva by 133.2% in the 4th quarter. Private Wealth Asset Management LLC now owns 175,100 shares of the software maker’s stock valued at $15,102,000 after acquiring an additional 100,000 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Workiva Stock Performance

Shares of WK stock opened at $57.21 on Wednesday. Workiva has a 1 year low of $43.34 and a 1 year high of $97.10. The stock has a fifty day moving average of $49.71 and a two-hundred day moving average of $60.69. The firm has a market capitalization of $3.21 billion, a PE ratio of 248.74 and a beta of 0.50.

Workiva (NYSE:WK) last issued its quarterly earnings results on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The company had revenue of $247.31 million for the quarter, compared to analyst estimates of $245.17 million. During the same period last year, the company earned $0.14 earnings per share. The company’s quarterly revenue was up 19.9% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. Equities research analysts predict that Workiva will post 0.92 earnings per share for the current fiscal 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.