Workiva (NYSE:WK) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Workiva (NYSE:WK) had its target price increased by research analysts at Robert W. Baird from $74.00 to $95.00 in a note issued to investors on Tuesday, Benzinga reports. The firm currently has an “outperform” rating on the software maker’s stock. Robert W. Baird’s target price indicates a potential upside of 18.47% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. BTIG Research dropped their price objective on shares of Workiva from $80.00 to $70.00 and set a “buy” rating for the company in a report on Wednesday, August 5th. UBS Group set a $70.00 price objective on Workiva in a research note on Wednesday, August 5th. Weiss Ratings raised Workiva from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Stifel Nicolaus set a $95.00 target price on shares of Workiva in a research note on Thursday. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $85.00 price target on shares of Workiva in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Workiva presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.58.

Workiva Trading Up 1.3%

Workiva stock opened at $80.19 on Tuesday. Workiva has a 12-month low of $43.34 and a 12-month high of $97.10. The stock has a market cap of $4.50 billion, a P/E ratio of 97.79 and a beta of 0.46. The company has a 50-day moving average price of $60.56 and a 200 day moving average price of $57.14.

Workiva (NYSE:WK) last released its quarterly 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 negative return on equity of 140.17% and a net margin of 4.87%.The business had revenue of $255.29 million during the quarter, compared to analysts’ expectations of $251.16 million. During the same period in the prior year, the business posted $0.19 EPS. The company’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, analysts forecast that Workiva will post 1.31 EPS for the current year.

Insider Transactions at Workiva

In other Workiva news, EVP Brandon Ziegler sold 6,571 shares of Workiva stock in a transaction that occurred 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 transaction, 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.77% of the stock is owned by company insiders.

Institutional Trading of Workiva

A number of institutional investors have recently modified their holdings of WK. California State Teachers Retirement System boosted its holdings in Workiva by 4,614.8% during the second quarter. California State Teachers Retirement System now owns 2,902,693 shares of the software maker’s stock worth $140,810,000 after buying an additional 2,841,127 shares in the last quarter. Hawk Ridge Capital Management LP acquired a new stake in Workiva in the 1st quarter worth about $65,091,000. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Workiva during the 3rd quarter valued at $88,289,000. Norges Bank purchased a new position in Workiva in the fourth quarter valued at approximately $53,375,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in Workiva by 88.5% during the 1st 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 during the period. 92.21% of the stock is currently owned by hedge funds and other institutional investors.

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.