Workiva Inc. (NYSE:WK) Receives $95.38 Average Price Target from Brokerages

Workiva Inc. (NYSE:WK) has been given an average recommendation of “Moderate Buy” by the twelve analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating and eleven have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $95.3846.

A number of equities analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Workiva in a research note on Wednesday, January 21st. BMO Capital Markets lowered their price target on Workiva from $92.00 to $83.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Truist Financial restated a “buy” rating and issued a $90.00 price target (down from $110.00) on shares of Workiva in a research note on Friday, February 20th. BTIG Research reduced their price objective on shares of Workiva from $105.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $105.00 target price on shares of Workiva in a report on Wednesday, December 10th.

Workiva Price Performance

Shares of NYSE WK opened at $61.31 on Thursday. The stock has a market cap of $3.48 billion, a PE ratio of -127.73 and a beta of 0.65. Workiva has a 1 year low of $56.06 and a 1 year high of $97.10. The firm has a fifty day moving average price of $71.47 and a 200-day moving average price of $81.21.

Workiva (NYSE:WK) last released its earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.10. The firm had revenue of $238.94 million for the quarter, compared to analysts’ expectations of $235.13 million. During the same quarter last year, the firm posted $0.35 EPS. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. On average, research analysts expect that Workiva will post -0.92 EPS for the current year.

Workiva declared that its board has approved a stock repurchase plan on Monday, February 16th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the software maker to reacquire up to 7.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Workiva

A number of hedge funds have recently made changes to their positions in WK. Private Wealth Asset Management LLC lifted its position in Workiva by 1,731.7% during the third quarter. Private Wealth Asset Management LLC now owns 75,100 shares of the software maker’s stock valued at $6,465,000 after purchasing an additional 71,000 shares during the last quarter. Nordea Investment Management AB increased its holdings 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 buying an additional 460,540 shares during the last quarter. Impax Asset Management Group plc increased its holdings in shares of Workiva by 19.8% in the 3rd quarter. Impax Asset Management Group plc now owns 136,086 shares of the software maker’s stock worth $11,714,000 after buying an additional 22,500 shares during the last quarter. Ranger Investment Management L.P. raised its position in shares of Workiva by 39.5% during the 3rd quarter. Ranger Investment Management L.P. now owns 312,045 shares of the software maker’s stock valued at $26,861,000 after buying an additional 88,425 shares in the last quarter. Finally, Pembroke Management LTD purchased a new stake in shares of Workiva during the 3rd quarter valued at about $36,185,000. 92.21% of the stock is currently owned by hedge funds and other institutional investors.

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.