Workiva (NYSE:WK) Stock Price Down 6.1% – Here’s What Happened

Posted by Brian Himes on Jul 24th, 2026

Workiva Inc. (NYSE:WK – Get Free Report)’s stock price fell 6.1% on Wednesday . The company traded as low as $51.33 and last traded at $51.5950. 73,189 shares were traded during trading, a decline of 93% from the average session volume of 1,017,627 shares. The stock had previously closed at $54.96.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on WK shares. Raymond James Financial restated an “outperform” rating and issued a $85.00 price target on shares of Workiva in a research report on Wednesday, May 6th. Stephens reissued an “overweight” rating and set a $68.00 price objective on shares of Workiva in a research note on Tuesday, May 26th. Stifel Nicolaus decreased their target price on Workiva from $79.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Zacks Research lowered Workiva from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, BTIG Research cut their target price on Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Ten research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $88.50.

Read Our Latest Stock Analysis on WK

Workiva Price Performance

The company has a market cap of $2.85 billion, a PE ratio of 220.51 and a beta of 0.50. The stock has a fifty day moving average price of $50.35 and a 200-day moving average price of $59.61.

Workiva (NYSE:WK – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. The business had revenue of $247.31 million for the quarter, compared to the consensus estimate of $245.17 million. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.Workiva’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 earnings per share. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. On average, equities analysts anticipate that Workiva Inc. will post 0.92 earnings per share for the current year.

Insider Buying and Selling at Workiva

In other news, Director Robert H. Herz sold 1,000 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $49.69, for a total value of $49,690.00. Following the transaction, the director owned 34,802 shares in the company, valued at $1,729,311.38. This represents a 2.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.77% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC lifted its position in Workiva by 44.5% in the 1st quarter. Millennium Management LLC now owns 237,746 shares of the software maker’s stock worth $18,047,000 after buying an additional 73,266 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Workiva during the 1st quarter valued at $421,000. Prudential Financial Inc. increased its stake 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 worth $428,000 after acquiring an additional 2,505 shares during the last quarter. Cerity Partners LLC increased its stake in shares of Workiva by 24.8% in the second quarter. Cerity Partners LLC now owns 3,297 shares of the software maker’s stock worth $226,000 after acquiring an additional 656 shares during the last quarter. Finally, California Public Employees Retirement System increased its stake in shares of Workiva by 0.4% in the second quarter. California Public Employees Retirement System now owns 82,197 shares of the software maker’s stock worth $5,626,000 after acquiring an additional 342 shares during the last quarter. 92.21% of the stock is owned by hedge funds and other institutional investors.

About Workiva

(Get Free Report)

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.