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

Shares of Workiva Inc. (NYSE:WKGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twelve analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $88.5833.

WK has been the topic of several recent research reports. Wall Street Zen downgraded Workiva from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 29th. Stifel Nicolaus set a $95.00 price target on Workiva in a research report on Thursday, August 27th. Robert W. Baird boosted their price objective on Workiva from $74.00 to $95.00 and gave the company an “outperform” rating in a research note on Tuesday, September 1st. Citigroup reaffirmed a “buy” rating on shares of Workiva in a report on Thursday, August 6th. Finally, Weiss Ratings upgraded Workiva from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, August 6th.

Check Out Our Latest Analysis on WK

Workiva Stock Down 0.1%

NYSE WK opened at $76.47 on Thursday. The company’s 50 day moving average is $63.45 and its 200-day moving average is $57.67. Workiva has a 12-month low of $43.34 and a 12-month high of $97.10. The firm has a market cap of $4.29 billion, a P/E ratio of 93.26 and a beta of 0.49.

Workiva (NYSE:WKGet Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The software maker reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.13. Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. The company had revenue of $255.29 million for the quarter, compared to analysts’ expectations of $251.16 million. During the same period in the prior year, the company posted $0.19 EPS. Workiva’s revenue was up 18.6% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. Equities analysts expect that Workiva will post 1.31 EPS for the current year.

Insiders Place Their Bets

In other Workiva news, EVP Brandon Ziegler sold 6,571 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $75.97, for a total value of $499,198.87. Following the sale, the executive vice president directly owned 126,216 shares in the company, valued at $9,588,629.52. This represents a 4.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 4.77% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc boosted its stake in Workiva by 202.3% during the second quarter. Versant Capital Management Inc now owns 532 shares of the software maker’s stock valued at $26,000 after buying an additional 356 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Workiva in the 4th quarter worth about $26,000. Leonteq Securities AG bought a new position in Workiva in the 4th quarter worth about $27,000. Allworth Financial LP raised its holdings in shares of Workiva by 82.3% in the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after acquiring an additional 186 shares in the last quarter. Finally, Quarry LP raised its holdings in shares of Workiva by 396.3% in the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock valued at $35,000 after acquiring an additional 325 shares in the last quarter. Institutional investors own 92.21% of the company’s stock.

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.

Further Reading

Analyst Recommendations for Workiva (NYSE:WK)

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