Workiva Inc. (NYSE:WK) Receives $95.38 Consensus PT from Brokerages

Shares of Workiva Inc. (NYSE:WK) have been assigned an average recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and eleven have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $95.3846.

WK has been the subject of several recent research reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $102.00 target price on shares of Workiva in a report on Friday, February 20th. Citigroup reaffirmed a “buy” rating on shares of Workiva in a report on Monday, February 23rd. Stephens set a $90.00 target price on Workiva in a report on Friday, February 20th. Truist Financial reaffirmed a “buy” rating and set a $90.00 target price (down from $110.00) on shares of Workiva in a report on Friday, February 20th. Finally, Stifel Nicolaus lowered their target price on Workiva from $98.00 to $79.00 and set a “buy” rating for the company in a report on Friday, February 20th.

Hedge Funds Weigh In On Workiva

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Workiva by 0.7% during the third quarter. Vanguard Group Inc. now owns 6,281,317 shares of the software maker’s stock valued at $540,696,000 after purchasing an additional 46,254 shares during the last quarter. Eminence Capital LP grew its holdings in Workiva by 40.7% in the 3rd quarter. Eminence Capital LP now owns 3,723,546 shares of the software maker’s stock worth $320,523,000 after buying an additional 1,076,778 shares in the last quarter. Nordea Investment Management AB grew its holdings in 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 in the last quarter. Conestoga Capital Advisors LLC grew its holdings in Workiva by 8.7% in the 4th quarter. Conestoga Capital Advisors LLC now owns 1,083,243 shares of the software maker’s stock worth $93,430,000 after buying an additional 87,056 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in Workiva in the 3rd quarter worth approximately $88,289,000. 92.21% of the stock is owned by institutional investors.

Workiva Stock Down 2.8%

Shares of Workiva stock opened at $57.23 on Monday. The firm has a market cap of $3.25 billion, a P/E ratio of -119.22 and a beta of 0.68. Workiva has a fifty-two week low of $56.06 and a fifty-two week high of $97.10. The business has a 50-day moving average price of $62.80 and a 200 day moving average price of $78.90.

Workiva (NYSE:WK) last announced its quarterly earnings data on Thursday, February 19th. The software maker reported $0.78 earnings per share 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. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.35 earnings per share. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. As a group, equities research analysts anticipate that Workiva will post -0.92 earnings per share for the current year.

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

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.