Workiva (NYSE:WK) Price Target Raised to $95.00

Workiva (NYSE:WK) had its target price lifted by Robert W. Baird from $74.00 to $95.00 in a research note released on Tuesday, Marketbeat.com reports. The brokerage currently has an outperform rating on the software maker’s stock.

Other research analysts have also recently issued reports about the stock. UBS Group set a $70.00 target price on shares of Workiva in a research report on Wednesday, August 5th. Raymond James Financial reaffirmed an “outperform” rating and set a $85.00 price target on shares of Workiva in a research note on Wednesday, May 6th. Stephens reiterated an “overweight” rating and issued a $68.00 price objective on shares of Workiva in a report on Tuesday, May 26th. Citigroup reissued a “buy” rating on shares of Workiva in a research report on Thursday, August 6th. Finally, Weiss Ratings upgraded Workiva from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $88.58.

Workiva Price Performance

NYSE:WK opened at $78.39 on Tuesday. The business’s 50-day moving average is $62.35 and its two-hundred day moving average is $57.43. The firm has a market capitalization of $4.40 billion, a PE ratio of 95.60 and a beta of 0.49. Workiva has a 12 month low of $43.34 and a 12 month high of $97.10.

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

Insider Buying and Selling at Workiva

In other news, EVP Brandon Ziegler sold 6,571 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $75.97, for a total value of $499,198.87. Following the sale, the executive vice president owned 126,216 shares in the company, valued at approximately $9,588,629.52. This represents a 4.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 4.77% of the company’s stock.

Institutional Trading of Workiva

Institutional investors and hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new position in Workiva in the fourth quarter worth $26,000. Leonteq Securities AG bought a new position in shares of Workiva in the 4th quarter worth about $27,000. Quarry LP lifted its position in shares of Workiva by 396.3% in the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock worth $35,000 after buying an additional 325 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Workiva by 82.3% in the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after buying an additional 186 shares during the period. Finally, IFP Advisors Inc grew its position in shares of Workiva by 297.1% during the 4th quarter. IFP Advisors Inc now owns 413 shares of the software maker’s stock valued at $36,000 after buying an additional 309 shares during the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

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.