BMO Capital Markets Issues Pessimistic Forecast for Workiva (NYSE:WK) Stock Price

Workiva (NYSE:WK) had its price target reduced by research analysts at BMO Capital Markets from $92.00 to $83.00 in a research report issued to clients and investors on Friday. The brokerage currently has an “outperform” rating on the software maker’s stock. BMO Capital Markets’ price objective would suggest a potential upside of 40.04% from the company’s previous close.

A number of other equities research analysts also recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Workiva in a report on Wednesday, January 21st. Truist Financial lifted their price objective on Workiva from $95.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, November 7th. UBS Group set a $110.00 target price on Workiva in a research note on Sunday, November 9th. The Goldman Sachs Group reiterated a “buy” rating and set a $110.00 target price on shares of Workiva in a research report on Thursday, November 6th. Finally, BTIG Research started coverage on shares of Workiva in a report on Tuesday, December 16th. They issued a “buy” rating and a $105.00 price target on the stock. Ten investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $101.23.

Workiva Trading Up 1.9%

WK opened at $59.27 on Friday. Workiva has a 12 month low of $56.06 and a 12 month high of $97.10. The company has a 50 day moving average of $80.06 and a 200 day moving average of $82.96. The company has a market cap of $3.33 billion, a PE ratio of -70.56 and a beta of 0.62.

Workiva (NYSE:WK) last announced its quarterly earnings results 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 company had revenue of $238.94 million during the quarter, compared to analysts’ expectations of $235.13 million. During the same quarter last year, the firm posted $0.35 earnings per share. Workiva’s revenue for the quarter 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. Research analysts forecast that Workiva will post -0.92 earnings per share for the current fiscal year.

Workiva announced that its Board of Directors has approved a share repurchase program on Monday, February 16th that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the software maker to buy up to 7.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Eminence Capital LP lifted its position in shares of Workiva by 209.6% in the 2nd quarter. Eminence Capital LP now owns 2,646,768 shares of the software maker’s stock worth $181,171,000 after purchasing an additional 1,791,768 shares during the period. Edmond DE Rothschild Holding S.A. purchased a new position in Workiva during the 2nd quarter valued at about $88,677,000. Hotchkis & Wiley Capital Management LLC bought a new stake in Workiva during the third quarter worth about $88,289,000. Assenagon Asset Management S.A. increased its stake in shares of Workiva by 14,955.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 740,102 shares of the software maker’s stock valued at $63,834,000 after purchasing an additional 735,186 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Workiva during the fourth quarter valued at approximately $53,375,000. 92.21% of the stock is currently owned by institutional investors.

Key Workiva News

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Q4 beat on both EPS and revenue; revenue grew ~19.5% year‑over‑year — Workiva reported $0.78 EPS vs. consensus $0.68 and revenue $238.94M vs. ~$235M, signaling accelerating growth and improved profitability. BusinessWire: Q4 & Full‑Year Results
• Positive Sentiment: Very bullish forward guidance — management set FY‑2026 EPS of $2.66–$2.76 and Q1 EPS of $0.64–$0.67, both well above prior street estimates. That guidance is the primary driver of today’s upside as it implies materially stronger profitability than the sell‑side expected. BusinessWire: Guidance
• Positive Sentiment: $250M share buyback authorized (~7.7% of shares) — the board approved a repurchase program that should be perceived as management signaling the stock is undervalued and provides direct support to shares. RTT News: Buyback
• Neutral Sentiment: Earnings call materials and transcript available — management commentary and the slide deck can provide detail on margin drivers, product traction (Financial Reporting, GRC, Sustainability) and AI initiatives; investors should review the call for execution detail. Seeking Alpha: Presentation Seeking Alpha: Transcript
• Neutral Sentiment: Analyst consensus and company guidance diverge sharply — while some published analyst EPS averages remain negative for the current year, Workiva’s guidance implies a big revision will be needed if management delivery and bookings hold. Expect analyst estimate updates and possible volatility around revisions. MarketBeat: Estimates & Profile
• Negative Sentiment: Longer‑term technical and valuation headwinds — the stock has been trading near its 52‑week low and sits below its 50‑ and 200‑day moving averages, indicating prior downtrend and investor caution; execution risk remains if growth slows. Investing.com: 52‑Week Low Context

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.