Workiva (NYSE:WK) Stock Rating Upgraded by Wall Street Zen

Workiva (NYSE:WK) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday.

Other equities analysts have also issued reports about the stock. Stephens reaffirmed an “overweight” rating and set a $68.00 price target on shares of Workiva in a research report on Tuesday, May 26th. Zacks Research downgraded shares of Workiva from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Raymond James Financial restated an “outperform” rating and set a $85.00 target price on shares of Workiva in a research report on Wednesday, May 6th. Stifel Nicolaus lowered their target price on shares of Workiva from $79.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, BTIG Research dropped their price target on shares of Workiva from $90.00 to $80.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Ten analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Workiva currently has a consensus rating of “Moderate Buy” and an average price target of $88.50.

Workiva Price Performance

Shares of NYSE WK opened at $52.46 on Friday. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 228.10 and a beta of 0.50. The stock’s fifty day moving average price is $50.45 and its two-hundred day moving average price is $59.39. Workiva has a one year low of $43.34 and a one year high of $97.10.

Workiva (NYSE:WK) last posted its earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.11. The company had revenue of $247.31 million during the quarter, compared to the consensus estimate of $245.17 million. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The company’s revenue was up 19.9% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities analysts anticipate that Workiva will post 0.92 earnings per share for the current fiscal year.

Insider Activity at Workiva

In related news, Director Robert H. Herz sold 1,000 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $49.69, for a total value of $49,690.00. Following the transaction, the director owned 34,802 shares in the company, valued at approximately $1,729,311.38. This trade represents a 2.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.77% of the company’s stock.

Institutional Investors Weigh In On Workiva

A number of large investors have recently bought and sold shares of WK. Comerica Bank lifted its holdings in shares of Workiva by 28.8% during the 4th quarter. Comerica Bank now owns 151,317 shares of the software maker’s stock worth $13,051,000 after acquiring an additional 33,829 shares during the period. Conestoga Capital Advisors LLC boosted its position in shares of Workiva by 8.7% during the 4th quarter. Conestoga Capital Advisors LLC now owns 1,083,243 shares of the software maker’s stock worth $93,430,000 after acquiring an additional 87,056 shares in the last quarter. Norges Bank bought a new position in Workiva in the fourth quarter valued at approximately $53,375,000. Private Wealth Asset Management LLC increased its stake in Workiva by 133.2% in the fourth quarter. Private Wealth Asset Management LLC now owns 175,100 shares of the software maker’s stock valued at $15,102,000 after acquiring an additional 100,000 shares during the last quarter. Finally, Harbor Capital Advisors Inc. increased its stake in Workiva by 36.1% in the fourth quarter. Harbor Capital Advisors Inc. now owns 53,760 shares of the software maker’s stock valued at $4,637,000 after acquiring an additional 14,246 shares during the last quarter. 92.21% of the stock is currently owned by institutional investors and hedge funds.

Workiva Company Profile

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.