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

Workiva Inc. (NYSE:WK) has received an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the stock, MarketBeat 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 1 year price target among brokerages that have updated their coverage on the stock in the last year is $87.00.

Several brokerages have recently commented on WK. Robert W. Baird increased their target price on Workiva from $95.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday, September 16th. Stifel Nicolaus set a $95.00 price objective on Workiva in a research report on Thursday, August 27th. BTIG Research set a $85.00 price objective on Workiva in a report on Wednesday, September 16th. Weiss Ratings upgraded shares of Workiva from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Finally, Wall Street Zen upgraded shares of Workiva from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 26th.

Insiders Place Their Bets

In other news, EVP Brandon Ziegler sold 6,571 shares of Workiva stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $75.97, for a total transaction of $499,198.87. Following the completion of the sale, the executive vice president owned 126,216 shares of the company’s stock, valued at approximately $9,588,629.52. This trade represents a 4.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.77% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of WK. Versant Capital Management Inc increased its stake in Workiva by 66.7% in the third quarter. Versant Capital Management Inc now owns 887 shares of the software maker’s stock valued at $59,000 after acquiring an additional 355 shares during the last quarter. Engineers Gate Manager LP raised its position in Workiva by 10.6% during the 2nd quarter. Engineers Gate Manager LP now owns 66,202 shares of the software maker’s stock worth $3,211,000 after purchasing an additional 6,357 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in Workiva during the 2nd quarter worth approximately $46,000. NewEdge Advisors LLC bought a new position in shares of Workiva in the 2nd quarter worth about $123,000. Finally, Squarepoint Ops LLC increased its stake in shares of Workiva by 110.7% in the 2nd quarter. Squarepoint Ops LLC now owns 1,247,400 shares of the software maker’s stock valued at $60,511,000 after acquiring an additional 655,396 shares in the last quarter. Institutional investors own 92.21% of the company’s stock.

Workiva Trading Up 2.4%

WK opened at $71.29 on Monday. The stock has a market cap of $4.00 billion, a PE ratio of 86.94 and a beta of 0.53. The stock’s 50 day simple moving average is $70.39 and its 200-day simple moving average is $59.02. Workiva has a 1 year low of $43.34 and a 1 year high of $97.10.

Workiva (NYSE:WK) last posted its quarterly earnings results on Tuesday, August 4th. The software maker reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.13. Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. The firm had revenue of $255.29 million during the quarter, compared to analyst estimates of $251.16 million. During the same quarter in the prior year, the business posted $0.19 earnings per share. The company’s quarterly revenue 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. Equities analysts forecast that Workiva will post 1.31 earnings per share for the current fiscal year.

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.