Workiva (NYSE:WK) Earns Overweight Rating from Stephens

Workiva (NYSE:WK)‘s stock had its “overweight” rating restated by research analysts at Stephens in a research note issued on Tuesday,Benzinga reports. They currently have a $68.00 price target on the software maker’s stock. Stephens’ price target indicates a potential upside of 37.12% from the stock’s current price.

A number of other research analysts have also issued reports on the stock. Zacks Research upgraded shares of Workiva from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. BMO Capital Markets dropped their target price on Workiva from $92.00 to $83.00 and set an “outperform” rating for the company in a research note on Friday, February 20th. Raymond James Financial reaffirmed an “outperform” rating and set a $85.00 price objective on shares of Workiva in a research note on Wednesday, May 6th. BTIG Research cut their price objective on shares of Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Truist Financial reissued a “buy” rating and issued a $90.00 target price (down from $110.00) on shares of Workiva in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Workiva has an average rating of “Moderate Buy” and an average target price of $88.50.

Workiva Stock Down 1.4%

NYSE WK opened at $49.59 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 market cap of $2.78 billion, a price-to-earnings ratio of 215.61 and a beta of 0.54. The business has a fifty day moving average of $55.18 and a 200-day moving average of $71.31.

Workiva (NYSE:WK) last posted its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. The business had revenue of $247.31 million for the quarter, compared to analyst estimates of $245.17 million. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The business’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.14 earnings per share. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. As a group, analysts anticipate that Workiva will post 0.92 EPS for the current year.

Workiva declared that its Board of Directors has authorized a stock repurchase program on Monday, February 16th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the software maker to purchase up to 7.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On Workiva

Institutional investors have recently added to or reduced their stakes in the company. Wealth Alliance LLC lifted its stake in shares of Workiva by 4.7% in the 3rd quarter. Wealth Alliance LLC now owns 3,268 shares of the software maker’s stock valued at $281,000 after purchasing an additional 146 shares in the last quarter. LPL Financial LLC increased its position in Workiva by 0.9% during the 4th quarter. LPL Financial LLC now owns 20,475 shares of the software maker’s stock worth $1,766,000 after purchasing an additional 185 shares in the last quarter. Allworth Financial LP raised its holdings in Workiva by 82.3% in the third quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after buying an additional 186 shares during the period. Arizona State Retirement System raised its holdings in Workiva by 1.4% in the third quarter. Arizona State Retirement System now owns 14,586 shares of the software maker’s stock valued at $1,256,000 after buying an additional 195 shares during the period. Finally, State of Wyoming lifted its position in Workiva by 15.4% during the third quarter. State of Wyoming now owns 1,553 shares of the software maker’s stock valued at $134,000 after buying an additional 207 shares in the last quarter. Hedge funds and other institutional investors 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.