Workiva (NYSE:WK) Price Target Lowered to $70.00 at BTIG Research

Workiva (NYSE:WK) had its price target reduced by equities researchers at BTIG Research from $80.00 to $70.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the software maker’s stock. BTIG Research’s price objective points to a potential upside of 14.47% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the company. Raymond James Financial reissued an “outperform” rating and issued a $85.00 target price on shares of Workiva in a research note on Wednesday, May 6th. Zacks Research lowered Workiva from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings cut Workiva from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 22nd. Robert W. Baird set a $74.00 price objective on Workiva in a research report on Wednesday, May 6th. Finally, Stifel Nicolaus dropped their price objective on Workiva from $79.00 to $65.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Ten analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $87.67.

Workiva Trading Down 0.1%

Shares of WK stock opened at $61.15 on Wednesday. Workiva has a 1 year low of $43.34 and a 1 year high of $97.10. The firm’s 50 day moving average is $51.82 and its 200-day moving average is $57.95. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 265.87 and a beta of 0.46.

Workiva (NYSE:WK) last issued its quarterly earnings results on Tuesday, August 4th. The software maker reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.13. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The business had revenue of $255.29 million during the quarter, compared to analyst estimates of $251.16 million. During the same quarter last year, the business posted $0.19 earnings per share. Workiva’s revenue for the quarter 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. On average, equities research analysts forecast that Workiva will post 0.92 earnings per share for the current fiscal year.

Insider Activity at Workiva

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of WK. Versant Capital Management Inc increased its stake in Workiva by 202.3% in the second quarter. Versant Capital Management Inc now owns 532 shares of the software maker’s stock valued at $26,000 after purchasing an additional 356 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Workiva during the fourth quarter worth $26,000. Leonteq Securities AG acquired a new position in shares of Workiva in the 4th quarter valued at $27,000. Allworth Financial LP grew its holdings in shares of Workiva by 82.3% in the 3rd 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. Finally, Quarry LP increased its position in shares of Workiva by 396.3% in the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock valued at $35,000 after buying an additional 325 shares in the last quarter. Institutional investors own 92.21% of the company’s stock.

Workiva News Roundup

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Workiva reported second-quarter EPS of $0.77, above the $0.64 analyst consensus and up substantially from $0.19 a year earlier. Revenue reached $255.3 million, exceeding the $251.2 million estimate and increasing 18.6% year over year. Workiva Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management issued third-quarter EPS guidance of $0.79-$0.82, well above the $0.57 consensus estimate. Revenue guidance of $260 million-$262 million is approximately in line with expectations, suggesting the earnings upside is being driven more by margins and operating performance than by higher sales forecasts. Workiva Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Full-year 2026 EPS guidance was set at $3.38-$3.39, far above the $2.51 analyst consensus, while revenue guidance is approximately $1 billion. On the earnings call, executives highlighted strong financial performance, 19% growth in subscription and total revenue, and continued demand for Workiva’s platform among finance leaders adopting AI. Workiva Q2 2026 Earnings Call Transcript

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.