BMO Capital Markets Lowers Workiva (NYSE:WK) Price Target to $83.00

Workiva (NYSE:WK) had its target price lowered by stock analysts at BMO Capital Markets from $92.00 to $83.00 in a report released on Friday, MarketBeat Ratings reports. The brokerage currently has an “outperform” rating on the software maker’s stock. BMO Capital Markets’ target price indicates a potential upside of 35.12% from the company’s previous close.

A number of other equities research analysts have also weighed in on WK. Truist Financial boosted their price target on Workiva from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of Workiva in a research report on Wednesday, January 21st. BTIG Research initiated coverage on shares of Workiva in a report on Tuesday, December 16th. They issued a “buy” rating and a $105.00 price target for the company. Stifel Nicolaus set a $98.00 price objective on shares of Workiva in a research note on Thursday, November 6th. Finally, UBS Group set a $110.00 target price on Workiva in a research report on Sunday, November 9th. Eleven investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.38.

Workiva Stock Performance

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

Workiva (NYSE:WK) last released its quarterly 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 firm had revenue of $238.94 million during the quarter, compared to the consensus estimate of $235.13 million. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior 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. On average, equities analysts predict that Workiva will post -0.92 earnings per share for the current fiscal year.

Workiva declared that its Board of Directors has initiated a stock 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 reacquire up to 7.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Institutional Investors Weigh In On Workiva

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Private Wealth Asset Management LLC lifted its holdings in Workiva by 1,731.7% in the third quarter. Private Wealth Asset Management LLC now owns 75,100 shares of the software maker’s stock valued at $6,465,000 after acquiring an additional 71,000 shares during the period. Nordea Investment Management AB grew its stake in shares of 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. Impax Asset Management Group plc increased its holdings in shares of Workiva by 19.8% during the 3rd quarter. Impax Asset Management Group plc now owns 136,086 shares of the software maker’s stock valued at $11,714,000 after purchasing an additional 22,500 shares in the last quarter. Ranger Investment Management L.P. lifted its stake in shares of Workiva by 39.5% in the 3rd quarter. Ranger Investment Management L.P. now owns 312,045 shares of the software maker’s stock valued at $26,861,000 after purchasing an additional 88,425 shares during the period. Finally, Pembroke Management LTD purchased a new stake in Workiva during the third quarter worth $36,185,000. 92.21% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting 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)

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.