Workiva (NYSE:WK) Stock Rating Upgraded by Zacks Research

Workiva (NYSE:WK) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

WK has been the topic of a number of other research reports. Stifel Nicolaus set a $70.00 price target on shares of Workiva in a report on Wednesday, August 5th. Wall Street Zen raised shares of Workiva from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Citigroup reiterated a “buy” rating on shares of Workiva in a report on Thursday, August 6th. UBS Group set a $70.00 target price on Workiva in a research note on Wednesday, August 5th. Finally, Raymond James Financial restated an “outperform” rating and set a $85.00 price target on shares of Workiva in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Workiva has a consensus rating of “Moderate Buy” and a consensus target price of $84.75.

Workiva Stock Performance

Shares of WK stock opened at $68.10 on Tuesday. Workiva has a fifty-two week low of $43.34 and a fifty-two week high of $97.10. The stock has a 50 day moving average price of $53.72 and a two-hundred day moving average price of $57.18. The company has a market capitalization of $3.82 billion, a P/E ratio of 83.05 and a beta of 0.46.

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

Insider Transactions at Workiva

In other Workiva news, Director Robert H. Herz sold 1,000 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $49.69, for a total transaction 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. The trade was a 2.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.77% of the company’s stock.

Institutional Investors Weigh In On Workiva

A number of large investors have recently modified their holdings of WK. Hawk Ridge Capital Management LP purchased a new stake in Workiva in the first quarter worth $65,091,000. Hotchkis & Wiley Capital Management LLC bought a new position in Workiva in the third quarter worth $88,289,000. Norges Bank purchased a new position in Workiva during the fourth quarter valued at $53,375,000. Arrowstreet Capital Limited Partnership lifted its position in Workiva by 88.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,109,646 shares of the software maker’s stock valued at $66,168,000 after buying an additional 520,839 shares during the period. Finally, Barclays PLC boosted its holdings 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 in the last quarter. Institutional investors own 92.21% of the company’s stock.

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.