Workiva (NYSE:WK) Updates Q3 2026 Earnings Guidance

Workiva (NYSE:WK) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.790-0.820 for the period, compared to the consensus EPS estimate of 0.570. The company issued revenue guidance of $260.0 million-$262.0 million, compared to the consensus revenue estimate of $261.8 million. Workiva also updated its FY 2026 guidance to 3.380-3.390 EPS.

Workiva Price Performance

Shares of NYSE:WK traded down $0.40 on Thursday, hitting $61.30. 430,445 shares of the company’s stock were exchanged, compared to its average volume of 1,004,082. The stock has a market capitalization of $3.44 billion, a price-to-earnings ratio of 75.02 and a beta of 0.46. Workiva has a 12 month low of $43.34 and a 12 month high of $97.10. The business’s 50 day simple moving average is $52.11 and its two-hundred day simple moving average is $57.79.

Workiva (NYSE:WK) last posted its quarterly earnings results on Tuesday, August 4th. The software maker reported $0.77 EPS for the quarter, topping the consensus estimate of $0.64 by $0.13. The company had revenue of $255.29 million for the quarter, compared to the consensus estimate of $251.16 million. Workiva had a net margin of 4.87% and a negative return on equity of 290.76%. The firm’s revenue was up 18.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.19 EPS. 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 forecast that Workiva will post 0.92 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on WK. BTIG Research cut their price objective on shares of Workiva from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday. Robert W. Baird set a $74.00 target price on Workiva in a research report on Wednesday, May 6th. Raymond James Financial reiterated an “outperform” rating and issued a $85.00 price target on shares of Workiva in a report on Wednesday, May 6th. UBS Group set a $70.00 price objective on Workiva in a research note on Wednesday. Finally, Citigroup reaffirmed a “buy” rating on shares of Workiva in a research report on Thursday. Ten research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Workiva presently has an average rating of “Moderate Buy” and an average price target of $84.75.

Insiders Place Their Bets

In other news, Director Robert H. Herz sold 1,000 shares of the stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $49.69, for a total value of $49,690.00. Following the transaction, the director directly owned 34,802 shares of the company’s stock, valued at approximately $1,729,311.38. This represents a 2.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.77% of the company’s stock.

Institutional Trading of Workiva

Several large investors have recently made changes to their positions in the business. Hotchkis & Wiley Capital Management LLC acquired a new stake in shares of Workiva in the third quarter worth $88,289,000. Fuller & Thaler Asset Management Inc. boosted its holdings in Workiva by 11.4% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 893,859 shares of the software maker’s stock valued at $77,095,000 after purchasing an additional 91,808 shares during the last quarter. UBS Group AG grew its position in Workiva by 40.8% during the 3rd quarter. UBS Group AG now owns 778,118 shares of the software maker’s stock worth $66,980,000 after purchasing an additional 225,449 shares during the period. Arrowstreet Capital Limited Partnership grew its position in Workiva by 12.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 588,807 shares of the software maker’s stock worth $50,785,000 after purchasing an additional 64,999 shares during the period. Finally, Barclays PLC raised its stake in shares of Workiva by 531.6% during the 4th quarter. Barclays PLC now owns 582,586 shares of the software maker’s stock valued at $50,248,000 after buying an additional 490,351 shares during the last quarter. 92.21% of the stock is owned by hedge funds and other 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.