Workiva (NYSE:WK) Given New $80.00 Price Target at BTIG Research

Workiva (NYSE:WK) had its price target decreased by equities research analysts at BTIG Research from $90.00 to $80.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the software maker’s stock. BTIG Research’s price objective would indicate a potential upside of 44.53% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. The Goldman Sachs Group restated a “buy” rating and set a $102.00 price objective on shares of Workiva in a report on Friday, February 20th. Citigroup restated a “buy” rating on shares of Workiva in a report on Monday, February 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Workiva in a report on Wednesday, January 21st. BMO Capital Markets cut their price objective on shares of Workiva from $92.00 to $83.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Finally, Stephens set a $90.00 price objective on shares of Workiva in a report on Friday, February 20th. Ten investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $94.17.

Workiva Stock Down 2.2%

WK opened at $55.35 on Wednesday. Workiva has a 52-week low of $50.98 and a 52-week high of $97.10. The company has a market cap of $3.15 billion, a P/E ratio of -115.32 and a beta of 0.54. The firm’s 50-day moving average price is $58.74 and its 200-day moving average price is $75.12.

Workiva (NYSE:WK) last posted its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.11. The company had revenue of $247.31 million for the quarter, compared to analyst estimates of $245.17 million. During the same quarter last year, the company earned $0.14 EPS. The business’s revenue was up 19.9% compared to the same quarter last year. 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, research analysts anticipate that Workiva will post 0.53 EPS for the current fiscal year.

Workiva announced that its Board of Directors has approved a share buyback plan on Monday, February 16th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the software maker to buy up to 7.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Workiva

Large investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new stake in Workiva in the fourth quarter valued at approximately $26,000. Leonteq Securities AG purchased a new stake in Workiva in the fourth quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its position in Workiva by 217.9% in the third quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock valued at $34,000 after buying an additional 268 shares during the last quarter. Allworth Financial LP boosted its position in 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 buying an additional 186 shares during the last quarter. Finally, Quarry LP boosted its position in Workiva by 396.3% in the fourth quarter. Quarry LP now owns 407 shares of the software maker’s stock valued at $35,000 after buying an additional 325 shares during the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.

More Workiva News

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Workiva reported stronger-than-expected Q1 results: EPS $0.77 vs. consensus $0.66 and revenue $247.3M vs. $245.2M, with revenue up ~19.9% year-over-year — a clear operational beat that supports upside to earnings expectations. Press Release
• Positive Sentiment: Management meaningfully raised guidance: Q2 EPS guided to $0.620–0.650 (vs. street ~$0.42) and FY26 EPS to $2.85–2.95 (vs. street ~$2.28). Revenue targets are roughly in line with consensus. Upward guidance is the main constructive catalyst for forward earnings revisions. Guidance/Transcript
• Neutral Sentiment: Earnings-call color and detail are available in the Q1 2026 transcript — useful for investors wanting management commentary on AI adoption, customer demand, and margin drivers but not introducing new headline items. Earnings Call Transcript
• Neutral Sentiment: Analyst write-ups (Zacks) reiterate the beats and compare key metrics vs. estimates and the prior year — helpful context for modeling but largely confirmatory. Zacks: Earnings & Revenues Top Estimates Zacks: Key Metrics vs Estimates
• Negative Sentiment: Despite fundamentals, the stock is trading lower today — likely reflecting short-term profit-taking, mixed share?price momentum, and valuation/technical concerns (50-day MA well below the 200-day MA and share price off its 12?month high). Valuation Article

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.