Workiva Inc. (NYSE:WK) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Workiva Inc. (NYSE:WK) has received a consensus rating of “Moderate Buy” from the twelve ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $88.50.

A number of research analysts recently commented on the stock. Weiss Ratings downgraded shares of Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Robert W. Baird set a $74.00 target price on shares of Workiva in a research report on Wednesday, May 6th. Stephens reissued an “overweight” rating and set a $68.00 target price on shares of Workiva in a research note on Tuesday, May 26th. Wall Street Zen cut shares of Workiva from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Finally, Raymond James Financial restated an “outperform” rating and set a $85.00 price target on shares of Workiva in a report on Wednesday, May 6th.

Workiva Stock Down 4.0%

NYSE:WK opened at $54.91 on Wednesday. Workiva has a 1-year low of $43.34 and a 1-year high of $97.10. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 238.74 and a beta of 0.50. The stock has a fifty day simple moving average of $50.09 and a 200 day simple moving average of $60.08.

Workiva (NYSE:WK) last posted its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.11. The firm had revenue of $247.31 million for the quarter, compared to analysts’ expectations of $245.17 million. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The company’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period 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. Equities analysts predict that Workiva will post 0.92 earnings per share for the current year.

Insider Buying and Selling

In other Workiva news, Director Robert H. Herz sold 1,000 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was 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. The trade was a 2.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 4.77% of the stock is owned by company insiders.

Institutional Investors Weigh In On Workiva

Several large investors have recently made changes to their positions in the company. LPL Financial LLC increased its position in Workiva by 0.9% in the 4th quarter. LPL Financial LLC now owns 20,475 shares of the software maker’s stock worth $1,766,000 after buying an additional 185 shares during the period. 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 valued at $35,000 after acquiring an additional 186 shares during the period. Handelsbanken Fonder AB boosted its position in shares of Workiva by 1.3% in the second quarter. Handelsbanken Fonder AB now owns 16,095 shares of the software maker’s stock valued at $781,000 after acquiring an additional 200 shares during the period. King Luther Capital Management Corp grew its stake in shares of Workiva by 0.3% in the fourth quarter. King Luther Capital Management Corp now owns 80,083 shares of the software maker’s stock worth $6,907,000 after acquiring an additional 248 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Workiva by 66.0% in the fourth quarter. Farther Finance Advisors LLC now owns 669 shares of the software maker’s stock worth $58,000 after acquiring an additional 266 shares during the last quarter. Institutional investors own 92.21% of the company’s stock.

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.