Workiva (NYSE:WK) Stock Price Up 6.1% – What’s Next?

Workiva Inc. (NYSE:WK)’s stock price rose 6.1% during mid-day trading on Monday . The stock traded as high as $54.95 and last traded at $55.33. Approximately 285,243 shares traded hands during trading, a decline of 72% from the average daily volume of 1,032,855 shares. The stock had previously closed at $52.17.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on WK shares. BTIG Research decreased their target price on Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Stifel Nicolaus decreased their price objective on shares of Workiva from $79.00 to $65.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Robert W. Baird set a $74.00 target price on shares of Workiva in a research note on Wednesday, May 6th. Stephens reissued an “overweight” rating and issued a $68.00 price target on shares of Workiva in a report on Tuesday, May 26th. Finally, Weiss Ratings cut shares of Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Ten investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Workiva presently has a consensus rating of “Moderate Buy” and an average target price of $88.50.

Workiva Trading Up 6.0%

The stock has a market capitalization of $3.10 billion, a PE ratio of 240.37 and a beta of 0.50. The business has a fifty day moving average price of $49.45 and a 200-day moving average price of $61.64.

Workiva (NYSE:WK) last released its earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.11. The company had revenue of $247.31 million during the quarter, compared to the consensus estimate of $245.17 million. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.Workiva’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 EPS. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. On average, equities analysts anticipate that Workiva Inc. 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 shares were sold at an average price of $49.69, for a total value of $49,690.00. Following the transaction, the director owned 34,802 shares in the company, valued at $1,729,311.38. This trade represents a 2.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 4.77% of the company’s stock.

Institutional Trading of Workiva

Institutional investors have recently added to or reduced their stakes in the business. Eminence Capital LP grew its stake in shares of Workiva by 40.7% during the third quarter. Eminence Capital LP now owns 3,723,546 shares of the software maker’s stock valued at $320,523,000 after buying an additional 1,076,778 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings 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 valued at $66,168,000 after acquiring an additional 520,839 shares during the period. Hawk Ridge Capital Management LP purchased a new stake in Workiva during the 1st quarter valued at about $65,091,000. Conestoga Capital Advisors LLC grew its position in Workiva by 8.7% during the 4th quarter. Conestoga Capital Advisors LLC now owns 1,083,243 shares of the software maker’s stock worth $93,430,000 after acquiring an additional 87,056 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in Workiva during the 3rd quarter worth approximately $88,289,000. 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.