Workiva (NYSE:WK) Updates Q2 2026 Earnings Guidance

07 May 2026, 21:44 by Scott Moore · The Cerbat Gem

Workiva (NYSE:WK – Get Free Report) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.620-0.650 for the period, compared to the consensus earnings per share estimate of 0.420. The company issued revenue guidance of $250.0 million-$252.0 million, compared to the consensus revenue estimate of $252.1 million. Workiva also updated its FY 2026 guidance to 2.850-2.950 EPS.

Analysts Set New Price Targets

A number of brokerages have issued reports on WK. The Goldman Sachs Group reaffirmed a “buy” rating and set a $102.00 price target on shares of Workiva in a research note on Friday, February 20th. Robert W. Baird set a $74.00 price target on Workiva in a research note on Wednesday. Citigroup reaffirmed a “buy” rating on shares of Workiva in a research note on Monday, February 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Workiva in a research note on Wednesday, January 21st. Finally, Stifel Nicolaus decreased their price target on Workiva from $79.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday. 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.33.

View Our Latest Report on WK

Workiva Price Performance

Shares of NYSE:WK traded up $0.82 on Thursday, reaching $52.35. 1,373,832 shares of the company traded hands, compared to its average volume of 1,222,404. Workiva has a fifty-two week low of $49.44 and a fifty-two week high of $97.10. The company’s 50 day moving average is $58.51 and its 200-day moving average is $74.62. The stock has a market capitalization of $2.97 billion, a PE ratio of 227.60 and a beta of 0.54.

Workiva (NYSE:WK – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The company had revenue of $247.31 million during the quarter, compared to the consensus estimate of $245.17 million. During the same quarter in the prior year, the firm earned $0.14 EPS. The company’s quarterly 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. As a group, analysts expect that Workiva will post 0.53 EPS for the current year.

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

More Workiva News

Here are the key news stories impacting Workiva this week:

Positive Sentiment: Q1 results topped expectations — Workiva reported $0.77 EPS vs. $0.66 consensus and revenue of $247.3M (up ~20% YoY); management issued FY2026 EPS guidance of $2.85–$2.95 and Q2 guidance of $0.62–$0.65, supporting the bullish case for growth and profitability improvement. Workiva (NYSE:WK) Surprises With Q1 CY2026 Sales
Positive Sentiment: Earnings call highlighted acceleration potential and margin upside — management commentary emphasized continued demand for Workiva’s connected reporting platform, execution on cross-sell/up-sell and operating-leverage opportunities that underpin the raised FY outlook. Workiva Earnings Call Highlights Growth, Margin Upside
Positive Sentiment: Some brokers remain constructive — Raymond James reiterated its buy stance, which supports investor confidence despite mixed analyst actions. Raymond James Sticks to Its Buy Rating for Workiva (WK)
Neutral Sentiment: Full transcripts and analyst recaps are available — detailed call and transcript coverage (earnings slides, Seeking Alpha/Yahoo transcripts) give investors material to re-run financial models and verify guidance assumptions. Workiva (WK) Q1 2026 Earnings Call Transcript
Negative Sentiment: Price-target trims could cap near-term upside — Stifel cut its target from $79 to $65 (still a buy), signaling reduced near-term valuation runway despite positive fundamentals. Benzinga Coverage
Negative Sentiment: BTIG lowered its target from $90 to $80 while keeping a buy, another signal that analysts are moderating upside expectations even as they stay constructive. BTIG Target Cut Coverage

Institutional Trading of Workiva

A number of hedge funds have recently modified their holdings of the business. Invesco Ltd. lifted its holdings in shares of Workiva by 2.7% in the fourth quarter. Invesco Ltd. now owns 41,770 shares of the software maker’s stock valued at $3,603,000 after purchasing an additional 1,082 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Workiva by 86.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 15,584 shares of the software maker’s stock valued at $1,344,000 after purchasing an additional 7,228 shares in the last quarter. Vident Advisory LLC purchased a new stake in shares of Workiva in the fourth quarter valued at $455,000. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Workiva by 11.4% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 893,859 shares of the software maker’s stock valued at $77,095,000 after purchasing an additional 91,808 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Workiva by 8.2% in the fourth quarter. Empowered Funds LLC now owns 6,775 shares of the software maker’s stock valued at $584,000 after purchasing an additional 512 shares in the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Workiva Company Profile

(Get Free Report)

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.