BMO Capital Markets Cuts Workiva (NYSE:WK) Price Target to $83.00

Workiva (NYSE:WK) had its target price decreased by BMO Capital Markets from $92.00 to $83.00 in a research report report published on Friday, MarketBeat reports. BMO Capital Markets currently has an outperform rating on the software maker’s stock.

Several other equities analysts also recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Workiva in a report on Wednesday, January 21st. Stifel Nicolaus set a $98.00 target price on shares of Workiva in a research note on Thursday, November 6th. Stephens upped their target price on shares of Workiva from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. BTIG Research initiated coverage on shares of Workiva in a research note on Tuesday, December 16th. They issued a “buy” rating and a $105.00 price target on the stock. Finally, Truist Financial boosted their price objective on Workiva from $95.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.38.

Workiva Trading Up 3.7%

NYSE:WK opened at $61.43 on Friday. The firm has a market capitalization of $3.45 billion, a PE ratio of -127.97 and a beta of 0.62. The stock has a 50 day moving average of $79.54 and a 200-day moving average of $82.87. Workiva has a 52 week low of $56.06 and a 52 week high of $97.10.

Workiva (NYSE:WK) last announced its quarterly earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.10. The company had revenue of $238.94 million during the quarter, compared to the consensus estimate of $235.13 million. The company’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period last year, the business posted $0.35 EPS. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. As a group, analysts predict that Workiva will post -0.92 EPS for the current fiscal year.

Workiva declared that its Board of Directors has initiated a share repurchase plan on Monday, February 16th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the software maker to purchase up to 7.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Institutional Trading of Workiva

Several institutional investors have recently modified their holdings of WK. Vanguard Group Inc. grew its holdings in Workiva by 0.7% during the third quarter. Vanguard Group Inc. now owns 6,281,317 shares of the software maker’s stock worth $540,696,000 after acquiring an additional 46,254 shares during the period. Eminence Capital LP boosted its position in shares of Workiva by 40.7% during the 3rd quarter. Eminence Capital LP now owns 3,723,546 shares of the software maker’s stock valued at $320,523,000 after purchasing an additional 1,076,778 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Workiva by 50.7% in the 3rd quarter. Nordea Investment Management AB now owns 1,368,401 shares of the software maker’s stock worth $115,589,000 after purchasing an additional 460,540 shares during the last quarter. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Workiva in the 2nd quarter worth approximately $88,677,000. Finally, Geode Capital Management LLC raised its holdings in shares of Workiva by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 1,207,108 shares of the software maker’s stock worth $82,637,000 after purchasing an additional 4,056 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Workiva News Roundup

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Q4 results beat consensus — EPS $0.78 vs $0.68 and revenue $238.9M, with revenue up ~19.5% year-over-year; management described accelerated growth and profitability. Workiva Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Management issued very strong guidance: Q1‑2026 EPS 0.640–0.670 (well above consensus) and FY‑2026 EPS 2.660–2.760, signaling confidence in subscription momentum and margin leverage. Workiva Q4 earnings & guidance (MarketBeat)
• Positive Sentiment: Board approved a $250 million share repurchase program (about 7.7% of shares outstanding), which supports buybacks as a near-term demand for shares and signals the board views valuation as attractive. RTT News — Stock Buybacks
• Positive Sentiment: Company expects ~19% subscription revenue growth in 2026, citing AI adoption and increased multi‑product sales as drivers — suggests top-line durability and product-led expansion. Workiva expects 19% subscription revenue growth (Seeking Alpha)
• Neutral Sentiment: Several firms reiterated buy/outperform ratings even as they adjusted models — that keeps institutional sentiment broadly constructive but shows analysts are recalibrating targets vs. prior estimates. Truist/analyst note (The Fly)
• Negative Sentiment: Multiple price-target cuts (e.g., BTIG 105→90, Truist 110→90, BMO 92→83) reduce modeled upside and indicate some analyst caution on valuation and near-term multiple expansion. BTIG price-target cut (The Fly) Truist price-target cut (The Fly)

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.