Workiva Inc. (NYSE:WK) Receives $84.75 Consensus Target Price from Brokerages

Workiva Inc. (NYSE:WK) has earned a consensus rating of “Moderate Buy” from the twelve brokerages that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $84.75.

Several research firms recently weighed in on WK. UBS Group set a $70.00 price objective on shares of Workiva in a research note on Wednesday, August 5th. Stephens restated an “overweight” rating and issued a $68.00 target price on shares of Workiva in a research note on Tuesday, May 26th. Zacks Research raised Workiva from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Raymond James Financial reiterated an “outperform” rating and set a $85.00 price target on shares of Workiva in a research report on Wednesday, May 6th. Finally, Citigroup reissued a “buy” rating on shares of Workiva in a report on Thursday, August 6th.

Workiva Price Performance

Shares of WK opened at $73.79 on Friday. The stock has a market capitalization of $4.14 billion, a PE ratio of 89.99 and a beta of 0.46. The business’s fifty day moving average price is $54.21 and its 200 day moving average price is $57.13. Workiva has a 12-month low of $43.34 and a 12-month high of $97.10.

Workiva (NYSE:WK) last issued its earnings results on Tuesday, August 4th. The software maker reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.13. Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. The company had revenue of $255.29 million for the quarter, compared to analysts’ expectations of $251.16 million. During the same period in the prior year, the company earned $0.19 earnings per share. The firm’s revenue was up 18.6% compared to the same quarter last year. 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, research analysts anticipate that Workiva will post 1.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Workiva news, Director Robert H. Herz sold 1,000 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $49.69, for a total value of $49,690.00. Following the sale, the director directly owned 34,802 shares in the company, valued at approximately $1,729,311.38. This trade represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 4.77% of the stock is owned by corporate insiders.

Institutional Trading of Workiva

A number of large investors have recently modified their holdings of WK. Assenagon Asset Management S.A. acquired a new position in shares of Workiva during the second quarter valued at $4,661,000. Comerica Bank grew its position in Workiva by 28.8% in the 4th quarter. Comerica Bank now owns 151,317 shares of the software maker’s stock valued at $13,051,000 after buying an additional 33,829 shares in the last quarter. First Trust Advisors LP increased its stake in Workiva by 16.4% during the 1st quarter. First Trust Advisors LP now owns 862,936 shares of the software maker’s stock valued at $51,457,000 after buying an additional 121,643 shares during the period. Conestoga Capital Advisors LLC raised its position in shares of Workiva by 8.7% during the 4th quarter. Conestoga Capital Advisors LLC now owns 1,083,243 shares of the software maker’s stock worth $93,430,000 after buying an additional 87,056 shares in the last quarter. Finally, Ranger Investment Management L.P. raised its position in shares of Workiva by 11.5% during the 1st quarter. Ranger Investment Management L.P. now owns 342,185 shares of the software maker’s stock worth $20,404,000 after buying an additional 35,329 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

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.