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

Workiva Inc. (NYSE:WK) has earned an average rating of “Moderate Buy” from the twelve ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, ten have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $88.5833.

A number of brokerages have recently weighed in on WK. Citigroup restated a “buy” rating on shares of Workiva in a research report on Thursday, August 6th. Zacks Research upgraded shares of Workiva from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. UBS Group set a $70.00 price objective on shares of Workiva in a research note on Wednesday, August 5th. Weiss Ratings upgraded shares of Workiva from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 6th. Finally, Stifel Nicolaus set a $95.00 target price on shares of Workiva in a research report on Thursday, August 27th.

Workiva Price Performance

WK opened at $76.47 on Thursday. The stock has a market cap of $4.29 billion, a P/E ratio of 93.26 and a beta of 0.49. The stock’s 50 day simple moving average is $62.90 and its 200 day simple moving average is $57.57. Workiva has a 1-year low of $43.34 and a 1-year high of $97.10.

Workiva (NYSE:WK) last released its quarterly earnings data on Tuesday, August 4th. The software maker reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.13. The firm had revenue of $255.29 million during the quarter, compared to the consensus estimate of $251.16 million. Workiva had a negative return on equity of 140.17% and a net margin of 4.87%.Workiva’s quarterly revenue was up 18.6% on a year-over-year basis. During the same period last year, the business posted $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. Research analysts expect that Workiva will post 1.31 EPS for the current fiscal year.

Insider Activity at Workiva

In other news, EVP Brandon Ziegler sold 6,571 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $75.97, for a total transaction of $499,198.87. Following the completion of the transaction, the executive vice president directly owned 126,216 shares of the company’s stock, valued at $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 is available at this hyperlink. 4.77% of the stock is owned by corporate insiders.

Institutional Trading of Workiva

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd purchased a new position in shares of Workiva during the fourth quarter valued at approximately $26,000. Leonteq Securities AG purchased a new position in Workiva in the fourth quarter valued at approximately $27,000. Quarry LP lifted its holdings in shares of Workiva by 396.3% during the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock valued at $35,000 after acquiring an additional 325 shares in the last quarter. Allworth Financial LP boosted its position in shares of Workiva by 82.3% in the third quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after buying an additional 186 shares during the period. Finally, IFP Advisors Inc grew its position in Workiva by 297.1% in the fourth quarter. IFP Advisors Inc now owns 413 shares of the software maker’s stock valued at $36,000 after acquiring an additional 309 shares in the last quarter. 92.21% of the stock is currently owned by hedge funds and other institutional investors.

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.