$WK

Workiva (WK), a software company specializing in regulatory compliance, has integrated AI into its products, attracting high-spending enterprises. Despite a 55% drop from its all-time high, analysts remain bullish, with a consensus buy rating and an average price target of $89.80. The company reported $502.6M in H1 2026 revenue, up 19%, and improved profitability. Workiva's stock trades at a P/S ratio of 4.2, below its 5-year average and the Nasdaq-100 index.

Workiva (WK) shares rose 3.3% after being added to the S&P SmallCap 600 index, replacing Formfactor Inc. The change is part of a series of index adjustments. Workiva's stock is volatile, with a 13.5% year-to-date decline and 23.1% below its 52-week high. The company will join the index on October 6.

Workiva (WK) reported 19% revenue growth in Q2 2026, with non-GAAP operating margin at 16.8%. The company introduced Agent Studio, an AI tool for regulatory workflows, aiming to enhance profitability and cash flow. Workiva's liquid assets decreased to $815M, with $702M in convertible notes due in 2028. The company's AI strategy and profitability metrics are under scrutiny.

Analysts from Cantor Fitzgerald and Stifel Nicolaus maintained Buy ratings on Salesforce (CRM) and Workiva (WK) with price targets of $300 and $95, respectively. Salesforce's consensus target is $271.88, implying 8% upside. Workiva's consensus target is $89.20, suggesting 19.6% upside. Parsons (PSN) also received a Buy rating from Truist Financial with a consensus target of $58.

BTIG raised its price target for Workiva (NYSE:WK) to $85, citing the company's AI strategy and updated fiscal 2030 revenue target of $1.8B-$2.0B. Workiva reported Q2 earnings beating estimates, with revenue up 19% YoY. Stifel also raised its target to $95, highlighting new customer activity and AI adoption.

Shares of enterprise software and SaaS companies rose as investors shifted from semiconductor and AI-hardware stocks, citing a potential slowdown in AI development. Adobe (ADBE) +4.2%, DocuSign (DOCU) +4.7%, Intuit (INTU) +4.9%, Workiva (WK) +4.5%, and Appian (APPN) +6.4%. Appian's volatility noted, trading 18.7% below 52-week high.

Intuit (INTU) reported Q2 revenue of $4.35B, up 13.7% YoY, but guidance showed slowing growth. Workiva (WK) reported $255.3M in revenue, up 18.6% YoY, and beat EPS and income estimates. Paylocity (PCTY) reported $444.7M in revenue, up 11% YoY, and exceeded income and EBITDA guidance. WK and PCTY stocks rose 29.7% and 12.3% since reporting, respectively.

Ziegler Brandon (EVP, CLO, CAO & Corp Secretary) sold 6,571 shares of WORKIVA INC (WK) at $75.97 ($0.50M total) on 2026-08-20.

Workiva (WK) reported Q2 revenue of $255.3M, above analysts’ $251.1M, and adjusted EPS of $0.77 versus $0.63. Adjusted operating income rose to $42.99M, with operating margin improving to 4.6%. The company slightly lifted full-year revenue guidance to $1.04B and raised adjusted EPS to $3.39. Analyst questions focused on sales cycles, subscription growth, margin sustainability, and AI agent monetization.

Workiva (NYSE:WK) reported Q2 call updates on subscription mix and deal activity. Contracts above $300k grew 34% to 656, and above $500k rose 33% to 276. Workiva said 76% of subscription revenue came from multi-solution customers. Q3 guidance: revenue $260m-$262m, non-GAAP op margin 17%-17.5%. Full-year revenue $1.040b-$1.044b and subscription growth about 19%.