Workiva (NYSE:WK) Shares Gap Down After Earnings Miss

06 Nov 2026, 15:21 by Kim Johansen · The Markets Daily

Workiva Inc. (NYSE:WK – Get Free Report)’s share price gapped down before the market opened on Friday following a weaker than expected earnings announcement. The stock had previously closed at $85.50, but opened at $71.60. Workiva shares last traded at $71.9680, with a volume of 192,213 shares.

The software maker reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.08). Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. The firm had revenue of $262.96 million for the quarter, compared to analyst estimates of $261.37 million. During the same period in the prior year, the company posted $0.55 EPS. The business’s revenue for the quarter was up 17.3% compared to the same quarter last year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on WK. Citigroup reiterated a “buy” rating on shares of Workiva in a research report on Thursday, August 6th. UBS Group set a $70.00 target price on shares of Workiva in a research note on Wednesday, August 5th. BTIG Research set a $85.00 target price on shares of Workiva in a report on Wednesday, September 16th. Weiss Ratings cut shares of Workiva from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Finally, Zacks Research cut shares of Workiva from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Nine investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $87.00.

Check Out Our Latest Stock Report on Workiva

Insider Transactions at Workiva

In other Workiva news, EVP Brandon Ziegler sold 6,571 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 126,216 shares in the company, valued at approximately $9,588,629.52. This represents a 4.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 4.77% of the company’s stock.

Institutional Trading of Workiva

Several hedge funds have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership lifted its position in shares of Workiva by 88.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,109,646 shares of the software maker’s stock valued at $66,168,000 after acquiring an additional 520,839 shares during the period. Hawk Ridge Capital Management LP bought a new position in Workiva during the first quarter worth $65,091,000. Squarepoint Ops LLC grew its holdings in Workiva by 110.7% in the second quarter. Squarepoint Ops LLC now owns 1,247,400 shares of the software maker’s stock worth $60,511,000 after purchasing an additional 655,396 shares during the period. First Trust Advisors LP grew its holdings in Workiva by 16.4% in the first quarter. First Trust Advisors LP now owns 862,936 shares of the software maker’s stock worth $51,457,000 after purchasing an additional 121,643 shares during the period. Finally, Ranger Investment Management L.P. grew its holdings in Workiva by 11.5% in the first quarter. Ranger Investment Management L.P. now owns 342,185 shares of the software maker’s stock worth $20,404,000 after purchasing an additional 35,329 shares during the period. Institutional investors own 92.21% of the company’s stock.

Workiva Stock Down 15.0%

The stock has a market capitalization of $4.08 billion, a P/E ratio of 88.59 and a beta of 0.46. The firm’s 50 day simple moving average is $75.92 and its two-hundred day simple moving average is $63.12.

Workiva Company Profile

(Get Free Report)

Workiva Inc (NYSE: WK) provides cloud-based software designed to help organizations manage reporting, compliance, risk and other complex business processes. Its platform connects financial, operational and environmental, social and governance (ESG) data so teams can collaborate on information used for internal and external reporting.