Workiva (NYSE:WK) Sets New 1-Year Low – Here’s What Happened

Workiva Inc. (NYSE:WK) hit a new 52-week low on Tuesday . The company traded as low as $59.60 and last traded at $59.0780, with a volume of 49479 shares. The stock had previously closed at $61.93.

Analyst Ratings Changes

A number of research analysts have commented on the company. BTIG Research started coverage on Workiva in a report on Tuesday, December 16th. They issued a “buy” rating and a $105.00 price objective on the stock. Truist Financial boosted their target price on shares of Workiva from $95.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Stifel Nicolaus set a $98.00 price target on shares of Workiva in a research report on Thursday, November 6th. Stephens lifted their price objective on shares of Workiva from $96.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. Finally, UBS Group set a $110.00 price objective on shares of Workiva in a report on Sunday, November 9th. Ten investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $103.92.

Workiva Price Performance

The firm has a market cap of $3.32 billion, a P/E ratio of -70.39 and a beta of 0.62. The company’s 50-day moving average is $80.59 and its two-hundred day moving average is $83.12.

Workiva (NYSE:WK) last released its earnings results on Thursday, February 19th. The software maker reported $0.78 EPS for the quarter, beating the consensus estimate of $0.68 by $0.10. The firm had revenue of $238.94 million during the quarter, compared to the consensus estimate of $235.13 million. 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, analysts expect that Workiva Inc. will post -0.92 EPS for the current fiscal year.

Hedge Funds Weigh In On Workiva

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in Workiva by 0.7% in the third quarter. Vanguard Group Inc. now owns 6,281,317 shares of the software maker’s stock valued at $540,696,000 after buying an additional 46,254 shares in the last quarter. Eminence Capital LP lifted its holdings in shares of Workiva by 40.7% in the third quarter. Eminence Capital LP now owns 3,723,546 shares of the software maker’s stock worth $320,523,000 after acquiring an additional 1,076,778 shares during the last quarter. Nordea Investment Management AB boosted its stake 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 valued at $115,589,000 after purchasing an additional 460,540 shares in the last quarter. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Workiva during the 2nd quarter valued at approximately $88,677,000. Finally, Geode Capital Management LLC grew its holdings in shares of Workiva by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 1,207,108 shares of the software maker’s stock valued at $82,637,000 after purchasing an additional 4,056 shares during the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

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.