Workiva (NYSE:WK) Updates Q2 2026 Earnings Guidance

Workiva (NYSE:WK) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.620-0.650 for the period, compared to the consensus earnings per share estimate of 0.420. The company issued revenue guidance of $250.0 million-$252.0 million, compared to the consensus revenue estimate of $252.1 million. Workiva also updated its FY 2026 guidance to 2.850-2.950 EPS.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on WK shares. Truist Financial reaffirmed a “buy” rating and issued a $90.00 price objective (down from $110.00) on shares of Workiva in a report on Friday, February 20th. Robert W. Baird cut their price objective 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. Stifel Nicolaus cut their price objective on shares of Workiva from $98.00 to $79.00 and set a “buy” rating for the company in a report on Friday, February 20th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $102.00 price objective on shares of Workiva in a report on Friday, February 20th. Finally, Citigroup reaffirmed a “buy” rating on shares of Workiva in a report on Monday, February 23rd. Ten research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $95.00.

Workiva Stock Down 2.2%

Shares of NYSE WK traded down $1.23 during trading on Tuesday, hitting $55.35. The company had a trading volume of 1,422,794 shares, compared to its average volume of 1,104,579. The stock has a fifty day simple moving average of $58.74 and a two-hundred day simple moving average of $75.12. Workiva has a fifty-two week low of $50.98 and a fifty-two week high of $97.10.

Workiva (NYSE:WK) last announced its earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.11. The company had revenue of $247.31 million during the quarter, compared to analyst estimates of $245.17 million. During the same quarter last year, the business earned $0.14 EPS. The firm’s revenue for the quarter 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 analysts predict that Workiva will post 0.53 EPS for the current fiscal year.

Workiva announced that its Board of Directors has initiated a stock buyback plan on Monday, February 16th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the software maker to reacquire up to 7.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Hedge Funds Weigh In On Workiva

Institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd acquired a new position in Workiva during the fourth quarter worth about $26,000. Quarry LP boosted its position in Workiva by 396.3% during the fourth quarter. Quarry LP now owns 407 shares of the software maker’s stock worth $35,000 after acquiring an additional 325 shares during the last quarter. Allworth Financial LP boosted its position in Workiva by 82.3% during 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. Kestra Advisory Services LLC acquired a new position in Workiva during the fourth quarter worth about $93,000. Finally, Smartleaf Asset Management LLC boosted its position in Workiva by 40.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,797 shares of the software maker’s stock worth $155,000 after acquiring an additional 521 shares during the last quarter. 92.21% of the stock is currently owned by institutional investors and hedge funds.

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.