Workiva Inc. (NYSE:WK) Receives $84.75 Consensus PT from Brokerages

Shares of Workiva Inc. (NYSE:WK) have received an average recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $84.75.

Several equities analysts have recently commented on WK shares. Robert W. Baird set a $74.00 target price on Workiva in a research report on Wednesday, May 6th. Weiss Ratings raised Workiva from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 6th. Citigroup restated a “buy” rating on shares of Workiva in a research note on Thursday, August 6th. Wall Street Zen upgraded Workiva from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $85.00 price objective on shares of Workiva in a report on Wednesday, May 6th.

Workiva Stock Performance

NYSE WK opened at $68.85 on Friday. The stock has a market cap of $3.86 billion, a PE ratio of 83.96 and a beta of 0.46. The firm has a 50-day moving average of $53.35 and a 200-day moving average of $57.28. Workiva has a 52-week low of $43.34 and a 52-week high of $97.10.

Workiva (NYSE:WK) 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. The business had revenue of $255.29 million for the quarter, compared to analyst estimates of $251.16 million. Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. Workiva’s quarterly revenue was up 18.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.19 EPS. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. As a group, analysts predict that Workiva will post 1.21 EPS for the current fiscal year.

Insider Activity

In other news, Director Robert H. Herz sold 1,000 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $49.69, for a total value of $49,690.00. Following the completion of the sale, the director owned 34,802 shares of the company’s stock, valued at approximately $1,729,311.38. The trade was a 2.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 4.77% of the company’s stock.

Institutional Trading of Workiva

Several hedge funds and other institutional investors have recently bought and sold shares of WK. LPL Financial LLC lifted its holdings in shares of Workiva by 0.9% in the 4th quarter. LPL Financial LLC now owns 20,475 shares of the software maker’s stock worth $1,766,000 after purchasing an additional 185 shares in the last quarter. Allworth Financial LP increased its stake in Workiva by 82.3% during the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after purchasing an additional 186 shares in the last quarter. Handelsbanken Fonder AB increased its stake in Workiva by 1.3% during the 2nd quarter. Handelsbanken Fonder AB now owns 16,095 shares of the software maker’s stock valued at $781,000 after purchasing an additional 200 shares in the last quarter. King Luther Capital Management Corp raised its holdings in Workiva by 0.3% during the fourth quarter. King Luther Capital Management Corp now owns 80,083 shares of the software maker’s stock worth $6,907,000 after buying an additional 248 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in Workiva by 66.0% during the fourth quarter. Farther Finance Advisors LLC now owns 669 shares of the software maker’s stock worth $58,000 after buying an additional 266 shares during the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

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.