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

Shares of Workiva Inc. (NYSE:WK) have received a consensus rating of “Moderate Buy” from the twelve ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and eleven have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $95.3846.

Several equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Workiva in a research report on Wednesday, January 21st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $102.00 price objective on shares of Workiva in a research report on Friday, February 20th. BTIG Research dropped their target price on shares of Workiva from $105.00 to $90.00 and set a “buy” rating for the company in a report on Friday, February 20th. Robert W. Baird dropped their target price on shares of Workiva from $115.00 to $86.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Finally, Citigroup reissued a “buy” rating on shares of Workiva in a report on Monday, February 23rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in WK. GAMMA Investing LLC lifted its holdings in shares of Workiva by 287.8% in the third quarter. GAMMA Investing LLC now owns 287 shares of the software maker’s stock worth $25,000 after acquiring an additional 213 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Workiva in the fourth quarter worth about $26,000. Leonteq Securities AG bought a new position in shares of Workiva in the fourth quarter worth about $27,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Workiva by 217.9% in the third quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock worth $34,000 after acquiring an additional 268 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Workiva by 82.3% in the third quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after acquiring an additional 186 shares during the last quarter. Institutional investors own 92.21% of the company’s stock.

Workiva Stock Up 0.0%

WK opened at $52.37 on Monday. Workiva has a twelve month low of $51.99 and a twelve month high of $97.10. The company has a 50-day simple moving average of $61.90 and a 200 day simple moving average of $78.45. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of -109.11 and a beta of 0.68.

Workiva (NYSE:WK) last posted its quarterly earnings data on Thursday, February 19th. The software maker reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.10. The firm had revenue of $238.94 million for the quarter, compared to the consensus estimate 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. Sell-side analysts anticipate that Workiva will post -0.92 EPS for the current fiscal year.

Workiva declared that its board has approved a share repurchase program on Monday, February 16th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the software maker to reacquire up to 7.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are 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.