Workiva Inc. (NYSE:WK) Stock Has Average Target Price of $88.30 According to Analysts

Workiva Inc. (NYSE:WK) has received a consensus rating of “Moderate Buy” from the eleven ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $87.00.

Several equities research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Workiva from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. BTIG Research set a $85.00 price target on Workiva in a report on Wednesday, September 16th. Wall Street Zen raised Workiva from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 26th. UBS Group set a $70.00 target price on Workiva in a research note on Wednesday, August 5th. Finally, Robert W. Baird boosted their price target on Workiva from $95.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, September 16th.

Workiva Price Performance

Shares of WK opened at $71.29 on Monday. Workiva has a 1 year low of $43.34 and a 1 year high of $97.10. The company has a market capitalization of $4.00 billion, a price-to-earnings ratio of 86.94 and a beta of 0.53. The business has a 50-day moving average of $70.39 and a 200-day moving average of $59.01.

Workiva (NYSE:WK) last announced its earnings results on Tuesday, August 4th. The software maker reported $0.77 EPS for the quarter, beating the consensus estimate of $0.64 by $0.13. The business had revenue of $255.29 million for the quarter, compared to analysts’ expectations of $251.16 million. Workiva had a negative return on equity of 140.17% and a net margin of 4.87%.The firm’s revenue was up 18.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.19 earnings per share. 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, sell-side analysts anticipate that Workiva will post 1.31 EPS for the current year.

Insider Activity

In related news, EVP Brandon Ziegler sold 6,571 shares of the stock in a transaction 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 transaction, the executive vice president directly owned 126,216 shares of the company’s stock, valued at $9,588,629.52. This represents a 4.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.77% of the stock is owned by insiders.

Institutional Investors Weigh In On Workiva

Several hedge funds and other institutional investors have recently bought and sold shares of WK. Versant Capital Management Inc raised its holdings in shares of Workiva by 66.7% during the third quarter. Versant Capital Management Inc now owns 887 shares of the software maker’s stock valued at $59,000 after purchasing an additional 355 shares during the period. Engineers Gate Manager LP grew its stake in shares of Workiva by 10.6% in the 2nd quarter. Engineers Gate Manager LP now owns 66,202 shares of the software maker’s stock valued at $3,211,000 after buying an additional 6,357 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Workiva in the 2nd quarter valued at about $46,000. NewEdge Advisors LLC bought a new stake in Workiva in the 2nd quarter valued at about $123,000. Finally, Squarepoint Ops LLC raised its stake in Workiva by 110.7% during the 2nd quarter. Squarepoint Ops LLC now owns 1,247,400 shares of the software maker’s stock worth $60,511,000 after buying an additional 655,396 shares during the period. 92.21% of the stock is owned by institutional investors.

About Workiva

Workiva Inc is a cloud-based software company that helps organizations manage complex reporting, compliance and operational processes. Its platform connects data from multiple sources, enabling users to prepare, review and distribute financial reports, regulatory filings, management reports and other business documents through a collaborative digital environment.

The company’s products support financial reporting, environmental, social and governance (ESG) reporting, risk management, internal controls, audit management and regulatory compliance.