Workiva (NYSE:WK) Price Target Cut to $65.00 by Analysts at Stifel Nicolaus

Workiva (NYSE:WK) had its price objective reduced by Stifel Nicolaus from $79.00 to $65.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the software maker’s stock. Stifel Nicolaus’ price objective would suggest a potential upside of 25.16% from the company’s current price.

Several other analysts have also recently issued reports on the stock. Citigroup reaffirmed a “buy” rating on shares of Workiva in a report on Monday, February 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Workiva in a report on Wednesday, January 21st. Stephens set a $90.00 price target on shares of Workiva in a report on Friday, February 20th. Truist Financial reaffirmed a “buy” rating and issued a $90.00 price target (down from $110.00) on shares of Workiva in a report on Friday, February 20th. Finally, Robert W. Baird set a $74.00 price target on shares of Workiva in a report on Wednesday. Ten research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Workiva presently has an average rating of “Moderate Buy” and a consensus target price of $90.33.

Workiva Stock Performance

Shares of WK stock traded down $3.48 on Wednesday, hitting $51.93. The stock had a trading volume of 1,316,399 shares, compared to its average volume of 1,000,325. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of -107.98 and a beta of 0.54. The stock’s 50 day moving average is $58.74 and its 200-day moving average is $75.12. Workiva has a 52-week low of $49.44 and a 52-week high of $97.10.

Workiva (NYSE:WK) last posted its quarterly 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. The company’s revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the company earned $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. Equities analysts expect that Workiva will post 0.53 earnings per share for the current year.

Workiva announced that its Board of Directors has authorized a share buyback program on Monday, February 16th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the software maker to repurchase up to 7.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Institutional Trading of Workiva

Institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Workiva during the fourth quarter worth $26,000. Leonteq Securities AG acquired a new stake in shares of Workiva in the 4th quarter worth about $27,000. EverSource Wealth Advisors LLC increased its holdings in shares of Workiva by 217.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock worth $34,000 after acquiring an additional 268 shares during the period. Quarry LP increased 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 worth $35,000 after acquiring an additional 325 shares during the period. Finally, Allworth Financial LP increased 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 worth $35,000 after acquiring an additional 186 shares during the period. 92.21% of the stock is owned by institutional investors and hedge funds.

Workiva News Summary

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Q1 results beat expectations — Workiva reported $0.77 EPS versus $0.66 consensus and revenue of $247.3M (+19.9% YoY), showing solid top‑line growth. Business Wire Release
• Positive Sentiment: Raised forward EPS guidance — Management updated Q2 EPS to $0.62–$0.65 (vs. ~$0.42 consensus) and FY 2026 EPS to $2.85–$2.95 (vs. ~$2.28 consensus), indicating stronger profitability expectations. Slide Deck / Guidance
• Neutral Sentiment: Earnings call transcript and analyst write‑ups are live — Investors can review management commentary and metric detail for cadence and customer trends. Earnings Call Transcript
• Neutral Sentiment: Third‑party analyses and coverage — Zacks and MarketBeat summarize the beat and key metrics; these notes help assess sustainability of the acceleration. Zacks Coverage
• Negative Sentiment: BTIG lowered its price target from $90 to $80 (still a Buy) — the PT cut can temper upside expectations and likely contributed to downward pressure. Benzinga Note
• Negative Sentiment: Technical/valuation headwinds — WK is trading below its 50‑ and 200‑day moving averages and off its one‑year high, prompting some profit‑taking despite the beat. (Context: 50‑day ~$58.7; 200‑day ~$75.1.)

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.