Workiva Inc. (NYSE:WK) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Workiva Inc. (NYSE:WK) has received an average rating of “Moderate Buy” from the twelve brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $88.50.

WK has been the subject of several recent research reports. Robert W. Baird set a $74.00 price objective on shares of Workiva in a research report on Wednesday, May 6th. Weiss Ratings lowered shares of Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. BTIG Research dropped their price objective on shares of Workiva from $90.00 to $80.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Raymond James Financial reissued an “outperform” rating and issued a $85.00 price objective on shares of Workiva in a research report on Wednesday, May 6th. Finally, Wall Street Zen raised shares of Workiva from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th.

Insider Activity

In other news, Director Robert H. Herz sold 1,000 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $49.69, for a total value of $49,690.00. Following the completion of the sale, the director owned 34,802 shares of the company’s stock, valued at $1,729,311.38. This represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.77% of the stock is owned by insiders.

Institutional Investors Weigh In On Workiva

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WK. Millennium Management LLC increased its stake in Workiva by 44.5% during the 1st quarter. Millennium Management LLC now owns 237,746 shares of the software maker’s stock worth $18,047,000 after buying an additional 73,266 shares during the period. Empowered Funds LLC purchased a new stake in Workiva during the 1st quarter worth $421,000. Prudential Financial Inc. increased its stake in Workiva by 66.7% during the 2nd quarter. Prudential Financial Inc. now owns 6,259 shares of the software maker’s stock worth $428,000 after buying an additional 2,505 shares during the period. Cerity Partners LLC increased its stake in Workiva by 24.8% during the 2nd quarter. Cerity Partners LLC now owns 3,297 shares of the software maker’s stock worth $226,000 after buying an additional 656 shares during the period. Finally, California Public Employees Retirement System increased its stake in Workiva by 0.4% during the 2nd quarter. California Public Employees Retirement System now owns 82,197 shares of the software maker’s stock worth $5,626,000 after buying an additional 342 shares during the period. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Workiva Trading Up 5.9%

Shares of WK opened at $49.03 on Friday. The firm has a market capitalization of $2.75 billion, a P/E ratio of 213.19 and a beta of 0.51. The stock’s fifty day simple moving average is $50.21 and its 200 day simple moving average is $64.41. Workiva has a twelve month low of $43.34 and a twelve month high of $97.10.

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