Workiva Inc. (NYSE:WK) Given Consensus Rating of “Moderate Buy” by Brokerages

by · The Cerbat Gem

Shares of Workiva Inc. (NYSE:WK – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the eleven research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and ten have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $103.9231.

A number of brokerages have issued reports on WK. Truist Financial upped their target price on Workiva from $95.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Stephens upped their price target on shares of Workiva from $96.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Wolfe Research raised their price objective on shares of Workiva from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Raymond James Financial reissued an “outperform” rating and issued a $105.00 target price on shares of Workiva in a research report on Wednesday, December 10th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $110.00 price target on shares of Workiva in a research report on Thursday, November 6th.

View Our Latest Report on Workiva

Hedge Funds Weigh In On Workiva

Institutional investors have recently modified their holdings of the company. Wealth Alliance LLC grew its holdings in Workiva by 4.7% in the 3rd quarter. Wealth Alliance LLC now owns 3,268 shares of the software maker’s stock worth $281,000 after buying an additional 146 shares in the last quarter. Allworth Financial LP boosted its position in Workiva by 82.3% during the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after acquiring an additional 186 shares during the period. Arizona State Retirement System boosted its position in Workiva by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 14,586 shares of the software maker’s stock worth $1,256,000 after acquiring an additional 195 shares during the period. State of Wyoming lifted its stake in shares of Workiva by 15.4% in the 3rd quarter. State of Wyoming now owns 1,553 shares of the software maker’s stock worth $134,000 after acquiring an additional 207 shares during the period. Finally, GAMMA Investing LLC lifted its stake in shares of Workiva by 287.8% in the 3rd quarter. GAMMA Investing LLC now owns 287 shares of the software maker’s stock worth $25,000 after acquiring an additional 213 shares during the period. Institutional investors own 92.21% of the company’s stock.

Workiva Trading Up 0.1%

Shares of WK stock opened at $86.38 on Friday. The firm has a fifty day simple moving average of $88.89 and a 200-day simple moving average of $80.70. The company has a market capitalization of $4.85 billion, a PE ratio of -102.83 and a beta of 0.64. Workiva has a twelve month low of $60.50 and a twelve month high of $115.49.

Workiva (NYSE:WK – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The software maker reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.17. The firm had revenue of $224.17 million during the quarter, compared to analysts’ expectations of $218.96 million. During the same period in the previous year, the company earned $0.21 earnings per share. The business’s quarterly revenue was up 20.8% on a year-over-year basis. Workiva has set its FY 2025 guidance at 1.650-1.68 EPS and its Q4 2025 guidance at 0.670-0.700 EPS. Equities research analysts predict that Workiva will post -0.92 EPS for the current year.

About Workiva

(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.

The Workiva platform offers modular solutions that integrate with existing enterprise systems and data sources.

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