Workiva Inc. Class A (WK)

Workiva's stock price has declined approximately 39.75% over the past six months. In Q1 2026, Workiva reported strong results, beating EPS and revenue estimates, with revenue up 19.9% year-over-year, and raised its full-year EPS guidance; however, Q2 revenue guidance was perceived as flat, triggering a selloff. Following the Q1 earnings, Stifel Nicolaus cut its price target for Workiva from $79.00 to $65.00. Workiva replaced Ernst & Young with Grant Thornton as its auditor. The company's board authorized a new $250 million share repurchase program.

Workiva experiences some demand seasonality. The first quarter is typically the smallest bookings quarter, resulting in the smallest sequential revenue growth from Q1 to Q2. Demand might pick up in the latter half of the year.

Workiva, Inc. is a global SaaS company providing cloud-based reporting solutions via its AI-powered platform focused on trust, transparency, and accountability. The company operates in the Technology sector, specifically within the Business/Productivity Software and IT Services industries. Its flagship product, the Workiva platform, connects data, automates workflows, and generates accurate reports. The Connected Reporting and Compliance Platform integrates data and offers collaboration tools. Financial Reporting Solutions provide tools for SEC and ESEF reporting. ESG and Sustainability Reporting solutions manage environmental, social, and governance initiatives. Risk and Compliance Management tools aid in internal controls, SOX compliance, and audit management. Wdata connects large datasets to the Workiva platform.

Workiva has a global presence with operations in the United States, the Netherlands, and the United Kingdom, among other regions, with the majority of its revenue generated from the USA. The company maintains offices in Ames, Iowa (headquarters), Amsterdam, Bozeman, Charleston, Copenhagen, Denver, Frankfurt, London, Madrid, Melbourne, New York City, Paris, Sault Ste. Marie (Canada), Singapore, Sydney, and Japan.

Workiva maintains a strong brand reputation as an AI-powered platform for trust, transparency, and accountability. The company has been recognized for its innovative solutions and positive workplace culture. Workiva's platform is relied upon by accounting, finance, sustainability, risk, and audit teams. The company's commitment to delivering high-quality disclosures and its focus on operational rigor and productivity contribute to its positive standing.

Workiva's ownership is predominantly institutional, with approximately 88.12% held by institutional shareholders, 13.05% by insiders, and a smaller percentage by retail investors. Major institutional owners include Vanguard Group Inc. and BlackRock, Inc.. Jerome M. Behar is the largest individual shareholder, owning 3.22 million shares, representing 5.66% of the company.