Workiva (NYSE:WK) Price Target Cut to $83.00 by Analysts at BMO Capital Markets

Workiva (NYSE:WK) had its price target dropped by investment analysts at BMO Capital Markets from $92.00 to $83.00 in a research note issued to investors on Friday. The brokerage currently has an “outperform” rating on the software maker’s stock. BMO Capital Markets’ target price indicates a potential upside of 40.04% from the company’s current price.

A number of other research firms also recently weighed in on WK. Raymond James Financial restated an “outperform” rating and issued a $105.00 price objective on shares of Workiva in a report on Wednesday, December 10th. Stephens boosted their price target on shares of Workiva from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. UBS Group set a $110.00 price objective on shares of Workiva in a research report on Sunday, November 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Workiva in a research note on Wednesday, January 21st. Finally, BTIG Research started coverage on Workiva in a report on Tuesday, December 16th. They set a “buy” rating and a $105.00 price target for the company. Ten investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Workiva has a consensus rating of “Moderate Buy” and a consensus target price of $101.23.

Workiva Trading Up 1.9%

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

Workiva (NYSE:WK) last released its quarterly earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.10. The firm had revenue of $238.94 million for the quarter, compared to the consensus estimate of $235.13 million. During the same quarter last year, the firm posted $0.35 earnings per share. The business’s revenue for the quarter 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, analysts predict that Workiva will post -0.92 earnings per share for the current fiscal year.

Workiva announced that its board has initiated a stock buyback program on Monday, February 16th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the software maker to buy up to 7.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Workiva

Several institutional investors have recently modified their holdings of the business. Wealth Alliance LLC lifted its holdings in Workiva by 4.7% during the third quarter. Wealth Alliance LLC now owns 3,268 shares of the software maker’s stock worth $281,000 after acquiring an additional 146 shares during the period. LPL Financial LLC boosted its stake in Workiva by 0.9% in the fourth quarter. LPL Financial LLC now owns 20,475 shares of the software maker’s stock valued at $1,766,000 after acquiring an additional 185 shares during the last quarter. Allworth Financial LP increased its stake 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 last quarter. Arizona State Retirement System raised its holdings in shares of Workiva by 1.4% in 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 raised its holdings in shares of Workiva by 15.4% in 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 institutional investors.

Key Headlines Impacting Workiva

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

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.