Brokerages Set Workiva Inc. (NYSE:WK) Target Price at $88.58

Shares of Workiva Inc. (NYSE:WK) have been given a consensus recommendation of “Moderate Buy” by the eleven research firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $88.00.

WK has been the topic of several research analyst reports. UBS Group set a $70.00 price objective on shares of Workiva in a research note on Wednesday, August 5th. Zacks Research raised Workiva from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. Wall Street Zen lowered Workiva from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 29th. Stifel Nicolaus set a $95.00 price target on Workiva in a research report on Thursday, August 27th. Finally, Weiss Ratings raised Workiva from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 6th.

Insider Activity at Workiva

In other news, EVP Brandon Ziegler sold 6,571 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $75.97, for a total value of $499,198.87. Following the completion of the sale, the executive vice president directly owned 126,216 shares in the company, valued at approximately $9,588,629.52. This trade represents a 4.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 4.77% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System grew its holdings in Workiva by 4,614.8% during the 2nd quarter. California State Teachers Retirement System now owns 2,902,693 shares of the software maker’s stock worth $140,810,000 after acquiring an additional 2,841,127 shares during the last quarter. Squarepoint Ops LLC raised its stake in shares of Workiva by 110.7% in the second quarter. Squarepoint Ops LLC now owns 1,247,400 shares of the software maker’s stock worth $60,511,000 after acquiring an additional 655,396 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Workiva by 88.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,109,646 shares of the software maker’s stock worth $66,168,000 after purchasing an additional 520,839 shares in the last quarter. Hawk Ridge Capital Management LP acquired a new position in shares of Workiva during the first quarter worth approximately $65,091,000. Finally, Hotchkis & Wiley Capital Management LLC bought a new stake in shares of Workiva during the third quarter valued at approximately $88,289,000. 92.21% of the stock is owned by institutional investors.

Workiva Stock Performance

Shares of NYSE WK opened at $72.90 on Thursday. The stock has a market cap of $4.09 billion, a PE ratio of 88.91 and a beta of 0.49. The business has a fifty day moving average of $64.40 and a two-hundred day moving average of $57.87. Workiva has a 52-week low of $43.34 and a 52-week high of $97.10.

Workiva (NYSE:WK) last issued its earnings results on Tuesday, August 4th. The software maker reported $0.77 EPS for the quarter, beating 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 140.17%. The firm’s revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. Analysts predict that Workiva will post 1.31 earnings per share for the current year.

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.