Workiva Inc. (NYSE:WK) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Moderate Buy consensus from 11 analysts (10 buys, 1 sell) with an average 12‑month target of $95, though several firms (e.g., Baird, BTIG) recently trimmed targets.
• Workiva beat the quarter with EPS $0.78 vs. $0.68 and revenue $238.9M (+19.5% YoY), and issued FY2026 guidance of $2.660–2.760 EPS and Q1 guidance of $0.640–0.670 EPS.
• The board approved a $250 million share buyback (up to ~7.7% of shares) and institutional/hedge funds own about 92.21% of the stock.

Workiva Inc. (NYSE:WK - Get Free Report) has received a consensus rating of "Moderate Buy" from the eleven ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and ten have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $95.00.

WK has been the subject of several research analyst reports. Robert W. Baird dropped their target price on shares of Workiva from $115.00 to $86.00 and set an "outperform" rating for the company in a research report on Friday, February 20th. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $102.00 target price on shares of Workiva in a research report on Friday, February 20th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Workiva in a research report on Wednesday, January 21st. Citigroup reaffirmed a "buy" rating on shares of Workiva in a research report on Monday, February 23rd. Finally, BTIG Research dropped their target price on shares of Workiva from $105.00 to $90.00 and set a "buy" rating for the company in a research report on Friday, February 20th.

Institutional Investors Weigh In On Workiva

Several institutional investors and hedge funds have recently modified their holdings of the stock. Wealth Alliance LLC grew its holdings in Workiva by 4.7% in the 3rd quarter. Wealth Alliance LLC now owns 3,268 shares of the software maker's stock valued at $281,000 after buying an additional 146 shares during the period. LPL Financial LLC grew its holdings in shares of Workiva by 0.9% during the 4th quarter. LPL Financial LLC now owns 20,475 shares of the software maker's stock worth $1,766,000 after purchasing an additional 185 shares during the period. Allworth Financial LP grew its holdings in shares of Workiva by 82.3% during the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker's stock worth $35,000 after purchasing an additional 186 shares during the period. Arizona State Retirement System grew its holdings in shares of Workiva by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 14,586 shares of the software maker's stock worth $1,256,000 after purchasing an additional 195 shares during the period. Finally, State of Wyoming grew its holdings in shares of Workiva by 15.4% during the 3rd quarter. State of Wyoming now owns 1,553 shares of the software maker's stock worth $134,000 after purchasing an additional 207 shares during the period. 92.21% of the stock is owned by hedge funds and other institutional investors.

Workiva Stock Down 1.0%

Shares of Workiva stock opened at $53.39 on Friday. The firm has a market cap of $3.03 billion, a PE ratio of -111.24 and a beta of 0.68. Workiva has a 12-month low of $50.98 and a 12-month high of $97.10. The company's fifty day simple moving average is $58.87 and its two-hundred day simple moving average is $75.52.

Workiva (NYSE:WK - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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. During the same period last year, the business earned $0.35 EPS. Workiva's revenue was up 19.5% on a year-over-year basis. 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, sell-side analysts expect that Workiva will post 0.53 earnings per share for the current fiscal year.

Workiva announced that its board has approved a stock buyback program on Monday, February 16th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the software maker to purchase up to 7.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

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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