Workiva (NYSE:WK) Updates FY 2026 Earnings Guidance

Key Points

• Workiva raised its FY2026 EPS guidance to $2.85–$2.95 (vs. consensus $2.28) and issued Q2 EPS guidance of $0.62–$0.65, while maintaining revenue guidance of about $1.0 billion.
• The Board authorized a $250 million stock buyback (up to ~7.7% of outstanding shares), a move that typically signals management views the stock as undervalued.
• Analysts hold a consensus rating of “Moderate Buy” with an average target of $95, but several firms recently cut targets even as shares trade near $55.35 (1‑year range $50.98–$97.10).

Workiva (NYSE:WK - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.850-2.950 for the period, compared to the consensus earnings per share estimate of 2.280. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Workiva also updated its Q2 2026 guidance to 0.620-0.650 EPS.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WK. BMO Capital Markets reduced their price objective on Workiva from $92.00 to $83.00 and set an "outperform" rating for the company in a research report on Friday, February 20th. Truist Financial reissued a "buy" rating and issued a $90.00 target price (down from $110.00) on shares of Workiva in a report on Friday, February 20th. BTIG Research reduced their target price on Workiva from $105.00 to $90.00 and set a "buy" rating for the company in a report on Friday, February 20th. Citigroup reissued a "buy" rating on shares of Workiva in a report on Monday, February 23rd. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $102.00 target price on shares of Workiva in a report on Friday, February 20th. Ten research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $95.00.

Workiva Stock Performance

Shares of WK stock traded down $1.23 on Tuesday, reaching $55.35. The stock had a trading volume of 1,393,609 shares, compared to its average volume of 993,443. The stock has a market cap of $3.15 billion, a P/E ratio of -115.32 and a beta of 0.54. Workiva has a 1 year low of $50.98 and a 1 year high of $97.10. The company has a 50 day simple moving average of $58.87 and a 200 day simple moving average of $75.34.

Workiva (NYSE:WK - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.11. The firm had revenue of $247.31 million during the quarter, compared to analysts' expectations of $245.17 million. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. On average, equities research analysts anticipate that Workiva will post 0.53 earnings per share for the current fiscal year.

Workiva announced that its Board of Directors has initiated a stock buyback program on Monday, February 16th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the software maker to repurchase up to 7.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Institutional Investors Weigh In On Workiva

Large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new stake in Workiva during the fourth quarter worth approximately $26,000. Quarry LP increased its stake in Workiva by 396.3% during the fourth quarter. Quarry LP now owns 407 shares of the software maker's stock worth $35,000 after acquiring an additional 325 shares during the last quarter. Allworth Financial LP increased its stake in Workiva by 82.3% during the third quarter. Allworth Financial LP now owns 412 shares of the software maker's stock worth $35,000 after acquiring an additional 186 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in Workiva during the fourth quarter worth approximately $93,000. Finally, Smartleaf Asset Management LLC increased its stake in Workiva by 40.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,797 shares of the software maker's stock worth $155,000 after acquiring an additional 521 shares during the last quarter. 92.21% of the stock is owned by institutional investors.

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.

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