Workiva Inc. (NYSE:WK) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts assign Workiva a “Moderate Buy” consensus: Ten analysts recommend buying the stock, one rates it a strong buy, and one rates it a sell. The average 12-month price target is $88.58.
• Workiva exceeded quarterly expectations, reporting $0.77 in earnings per share versus the $0.64 consensus estimate and revenue of $255.29 million, up 18.6% year over year.
• Shares opened at $75.92, compared with a 52-week range of $43.34 to $97.10. Institutional investors own 92.21% of the stock, while an executive recently sold approximately $499,000 worth of shares.

Workiva Inc. (NYSE:WK - Get Free Report) has received an average rating of "Moderate Buy" from the twelve ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, ten have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $88.5833.

Several equities analysts recently weighed in on WK shares. Stephens restated an "overweight" rating and issued a $68.00 price target on shares of Workiva in a research note on Tuesday, May 26th. Weiss Ratings upgraded Workiva from a "sell (d)" rating to a "sell (d+)" rating in a research report on Thursday, August 6th. Zacks Research raised Workiva from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 11th. Robert W. Baird boosted their price objective on Workiva from $74.00 to $95.00 and gave the company an "outperform" rating in a research report on Tuesday. Finally, Citigroup reiterated a "buy" rating on shares of Workiva in a research report on Thursday, August 6th.

Workiva Price Performance

WK opened at $75.92 on Thursday. The firm has a fifty day moving average price of $61.71 and a 200 day moving average price of $57.32. Workiva has a 1 year low of $43.34 and a 1 year high of $97.10. The stock has a market cap of $4.26 billion, a P/E ratio of 92.58 and a beta of 0.49.

Workiva (NYSE:WK - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The software maker reported $0.77 EPS for the quarter, beating the consensus estimate of $0.64 by $0.13. The company had revenue of $255.29 million for the quarter, compared to analyst estimates of $251.16 million. Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. The firm's revenue was up 18.6% on a year-over-year basis. During the same quarter last year, the business earned $0.19 earnings per share. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. Equities analysts expect that Workiva will post 1.31 EPS for the current year.

Insider Activity at Workiva

In related news, EVP Brandon Ziegler sold 6,571 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $75.97, for a total transaction of $499,198.87. Following the completion of the transaction, the executive vice president owned 126,216 shares in the company, valued at $9,588,629.52. This represents a 4.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.77% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Workiva

Several large investors have recently bought and sold shares of the company. Millennium Management LLC increased its position in shares of Workiva by 44.5% during the first quarter. Millennium Management LLC now owns 237,746 shares of the software maker's stock worth $18,047,000 after purchasing an additional 73,266 shares in the last quarter. Empowered Funds LLC purchased a new position in Workiva in the 1st quarter valued at $421,000. Prudential Financial Inc. boosted its stake in Workiva by 66.7% during the 2nd quarter. Prudential Financial Inc. now owns 6,259 shares of the software maker's stock worth $428,000 after purchasing an additional 2,505 shares during the last quarter. Cerity Partners LLC boosted its stake in Workiva by 24.8% during the 2nd quarter. Cerity Partners LLC now owns 3,297 shares of the software maker's stock worth $226,000 after purchasing an additional 656 shares during the last quarter. Finally, California Public Employees Retirement System grew its holdings in shares of Workiva by 0.4% during the second quarter. California Public Employees Retirement System now owns 82,197 shares of the software maker's stock worth $5,626,000 after buying an additional 342 shares in the last quarter. 92.21% of the stock is currently owned by hedge funds and other institutional investors.

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.

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