Workiva Inc. (NYSE:WK) Stock Has Average Price Target of $88.30

Workiva Inc. (NYSE:WK) has been given an average rating of “Moderate Buy” by the eleven research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $87.00.

WK has been the subject of several recent research reports. Citigroup reaffirmed a “buy” rating on shares of Workiva in a report on Thursday, August 6th. Weiss Ratings upgraded Workiva from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. BTIG Research set a $85.00 price target on shares of Workiva in a report on Wednesday, September 16th. Robert W. Baird increased their price objective on shares of Workiva from $95.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday, September 16th. Finally, Wall Street Zen upgraded shares of Workiva from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 26th.

Insider Buying and Selling

In other Workiva news, EVP Brandon Ziegler sold 6,571 shares of the business’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $75.97, for a total transaction of $499,198.87. Following the completion of the transaction, the executive vice president owned 126,216 shares in the company, valued at approximately $9,588,629.52. The trade was a 4.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.77% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Engineers Gate Manager LP lifted its holdings in Workiva by 10.6% in the second quarter. Engineers Gate Manager LP now owns 66,202 shares of the software maker’s stock worth $3,211,000 after purchasing an additional 6,357 shares during the period. Integrated Wealth Concepts LLC bought a new position in Workiva during the 2nd quarter valued at $46,000. NewEdge Advisors LLC acquired a new position in shares of Workiva during the 2nd quarter valued at $123,000. Squarepoint Ops LLC raised its stake in shares of Workiva by 110.7% in the 2nd quarter. Squarepoint Ops LLC now owns 1,247,400 shares of the software maker’s stock worth $60,511,000 after buying an additional 655,396 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Workiva by 91.0% in the second quarter. Allworth Financial LP now owns 1,251 shares of the software maker’s stock valued at $61,000 after buying an additional 596 shares during the period. 92.21% of the stock is owned by institutional investors and hedge funds.

Workiva Stock Performance

Shares of WK stock opened at $66.57 on Monday. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 81.19 and a beta of 0.49. Workiva has a one year low of $43.34 and a one year high of $97.10. The company’s 50-day simple moving average is $69.63 and its 200-day simple moving average is $58.88.

Workiva (NYSE:WK) last released its quarterly earnings data on Tuesday, August 4th. The software maker reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.13. Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. The firm had revenue of $255.29 million during the quarter, compared to the consensus estimate of $251.16 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The firm’s revenue was up 18.6% on a year-over-year basis. 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, research analysts forecast that Workiva will post 1.31 EPS for the current year.

About Workiva

Workiva Inc is a cloud-based software company that helps organizations manage complex reporting, compliance and operational processes. Its platform connects data from multiple sources, enabling users to prepare, review and distribute financial reports, regulatory filings, management reports and other business documents through a collaborative digital environment.

The company’s products support financial reporting, environmental, social and governance (ESG) reporting, risk management, internal controls, audit management and regulatory compliance.