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WK

Workiva Inc. Class A Common Stock (WK) fair value

Technology · Software - Application · NYSE · United States
$85.80+0.89%
Market cap $4.8BNext earnings 2026-11-05Updated Oct 18, 2026
Add earnings to calendarGoogle
Our verdict
Trades 36% above our fair value
Price
$85.80
Model fair valueConfidence: good
$63.15
Model range
$34.46 to $91.83
Fair value $63.15
Price $85.80
2 models fit Workiva Inc. Class A Common Stock and they disagree: 0 of 2 land within 15% of the average.
Two or more of our models back this value.
Premium(i)Silver62
Valued as a growth company: Discounted cash flow and P/E comparison.
ACCE opinionWorkiva Inc. Class A Common Stock (WK)
Fair value (2 models)
$63.15
ACCE price target
$76.00
Rating
Overvalued
Horizon
12 months
Fair value published on 18 Oct 2026, 15:05 CEST; previously $62.02 since 14 Oct 2026, 00:00 CEST.
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Rating published on 18 Oct 2026, 15:05 CEST.
Price used: $85.80 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
35.9% above
-26.4% to fair value
ACCE score
48
out of 100
Analysts
100% buy
11 covering
P/E
102.1x
forward 21.2x
1-year return
-4.3%
Dividend yield
0.00%

Workiva Inc. Class A Common Stock in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Workiva sells Wdesk, a cloud platform for compliance-heavy financial and ESG reporting, where companies draft and tie out SEC filings, earnings releases and sustainability disclosures in one connected system instead of spreadsheets. The moat is switching cost: once a finance team runs its close and filing process inside the platform, the workflow is hard to unwind, and the 80% gross margin reflects that pricing power. Revenue growth of 18.6% is a healthy clip for a company of this size, and the case for a closer look rests on whether that growth can keep converting into operating profit, since the 4.6% operating margin is still thin for software. The reported ROE of -2762.5% is a distortion from a small equity base and should not be read as a measure of economic returns. Against a 91.9 trailing P/E and a score of 46/100, the name is worth a deeper look mainly to test whether margin expansion is real and durable.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
  • high
    Valuation stretched on earnings
    Trailing P/E is 91.3 and EV/EBITDA is 50.0. Earnings grew 0.0% YoY while the price trades 35.9% above the model fair value of $63.15.
  • moderate
    Elevated short interest
    Short interest stands at 7.2% of float, a meaningful bearish positioning level for a stock already trading above model fair value.

AI research notes

AI-assisted·How I use AIWritten Oct 19, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Revenue grew 18.6% over the past year, close to the 20.3% yearly average of the last five years.
  • Free cash flow of $138M over the last twelve months shows the business generates real cash, not just accounting profit.
Why it could disappoint
  • The stock trades at 91.3x trailing earnings and 18.9x forward earnings, and the trailing multiple is far above the 27.3x sector median forward level.
  • The price sits 35.9% above the model fair value of $63.15, and both valuation models in the consensus point to a lower value.
  • Net margin of 4.9% is thin, and a 1.7% rise in the diluted share count means shareholders own a slightly smaller slice of the company.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 5, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where WK's valuation models land
Price
$85.80
Model fair value
$63.15
Model range
$34.46 to $91.83
Fair value $63.15
Price $85.80
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
P/E comparison
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bullish100% buy · 11 covering analysts
● Strong buy 9● Buy 2● Hold 0● Sell 0● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
+13.9%
1 month
+21.2%
3 months
+63.7%
6 months
+61.4%
YTD
-0.5%
1 year
-4.3%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
18 Oct 2026, 15:05 CESTFair value$63.15$62.02$75.31
18 Oct 2026, 15:05 CESTRatingOvervaluedfirst publication$75.31
14 Oct 2026, 00:00 CESTFair value$62.02$58.24$73.04
11 Oct 2026, 00:00 CESTACCE price target$76.00first publication$73.25
9 Oct 2026, 00:00 CESTFair value$58.24$55.74$71.53
1 Oct 2026, 00:00 CESTFair value$55.74$57.52$65.15
26 Sept 2026, 00:00 CESTFair value$57.52$56.40$71.48
21 Sept 2026, 00:00 CESTFair value$56.40$55.58$73.18
18 Sept 2026, 00:00 CESTFair value$55.58$56.40$72.73
10 Sept 2026, 00:00 CESTFair value$56.40$57.40$73.71

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth52Value25Quality39Momentum76Total48
Valuation
Trailing P/E
102.1x
Forward P/E
21.2x
PEG
no data
P/B
29108.78x
EV / Revenue
3.9x
Book value/sh
$-1.79
Enterprise value
$3.8B
Profitability
ROE
-2762.5%
FCF yield
2.87%
ROIC
no data
Health and risk
Debt / equity
-148.61
Dividend yield
0.00%
Beta
0.52

Price

-3.8% · 1Y

Ask anything about WK

Answered from Workiva Inc. Class A Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 20% of peers
low 40.0x102.1xhigh 116.0x
ROEbetter than 0% of peers
low -2763%-2763%high 96%
Div yieldbetter than 67% of peers
low 0.0%0.0%high 0.9%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
WK Workiva Inc. Class A Common Stock$85.80$6336% above102.1x-2762.5%3948
WTC.AX WiseTech Global LimitedA$40.12--52.1x9.8%7359
3697.T SHIFT Inc.¥1156.00--40.0x17.8%5673
FIG Figma Inc. Class A Common Stock$24.64$2212% above--108.6%4748
HUBS HubSpot Inc. Common Stock$270.88$20731% above96.7x7.9%6467
MANH Manhattan Associates Inc. Common Stock$238.19$100138% above67.8x96.4%8960
GWRE Guidewire Software Inc. Common Stock$189.00$82131% above116.0x10.5%7153

Sector report card

Where WK ranks against its sector peers on each metric.

Computing percentiles…
  • Business Wire•Oct 6, 2026
    Workiva Sets Date for Third Quarter 2026 Financial Release and Conference Call
  • PR Newswire•Oct 1, 2026
    Vylor Added to the S&P 500; Twilio Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
  • Business Wire•Sep 15, 2026
    Workiva Advances Regulatory Work with AI Innovation
6 more press releases · full archive on Investor+.INVESTOR
40 filings
September 2026
Sep 16
Form 4Insider transactionPeriod 2026-09-15
View on SEC →
Sep 2
Form 4Insider transactionPeriod 2026-09-01
View on SEC →
August 2026
Aug 21
Form 4Insider transactionPeriod 2026-08-20
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR