Workiva Inc. (NYSE:WK) Given Average Rating of “Moderate Buy” by Analysts

Workiva Inc. (NYSE:WK) has been assigned an average recommendation of “Moderate Buy” from the twelve research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $88.50.

A number of equities research analysts have issued reports on the stock. Zacks Research downgraded shares of Workiva from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Stephens restated an “overweight” rating and set a $68.00 target price on shares of Workiva in a research report on Tuesday, May 26th. Stifel Nicolaus reduced their price objective on shares of Workiva from $79.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Raymond James Financial reaffirmed an “outperform” rating and issued a $85.00 price target on shares of Workiva in a report on Wednesday, May 6th. Finally, BTIG Research reduced their target price on Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th.

Workiva Price Performance

Workiva stock opened at $57.21 on Wednesday. The firm has a 50-day moving average of $49.71 and a 200-day moving average of $60.51. The company has a market cap of $3.21 billion, a price-to-earnings ratio of 248.74 and a beta of 0.50. Workiva has a one year low of $43.34 and a one year high of $97.10.

Workiva (NYSE:WK) last released its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. The company had revenue of $247.31 million during the quarter, compared to analysts’ expectations of $245.17 million. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The business’s revenue was up 19.9% on a year-over-year basis. During the same period last year, the firm 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. As a group, sell-side analysts expect that Workiva will post 0.92 earnings per share for the current year.

Insider Activity at Workiva

In other news, Director Robert H. Herz sold 1,000 shares of Workiva stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $49.69, for a total transaction of $49,690.00. Following the completion of the transaction, the director directly owned 34,802 shares in the company, valued at approximately $1,729,311.38. This trade represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 4.77% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Workiva

Hedge funds and other institutional investors have recently modified their holdings of the company. Millennium Management LLC boosted its position in shares of Workiva by 44.5% during the first quarter. Millennium Management LLC now owns 237,746 shares of the software maker’s stock worth $18,047,000 after acquiring an additional 73,266 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of Workiva during the first quarter worth $421,000. Prudential Financial Inc. grew its stake in Workiva by 66.7% in the 2nd 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 in the last quarter. Cerity Partners LLC increased its holdings in Workiva by 24.8% during the 2nd quarter. Cerity Partners LLC now owns 3,297 shares of the software maker’s stock worth $226,000 after purchasing an additional 656 shares during the period. Finally, California Public Employees Retirement System raised its holdings 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 valued at $5,626,000 after acquiring an additional 342 shares in the last quarter. 92.21% of the stock is owned by institutional investors.

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.