10 Best High Return Technology Stocks to Buy Now

8. Workiva Inc. (NYSE:WK)

Upside Potential as of May 8, 2026: 57.73%

Number of Hedge Fund Holders: 42

On May 7, Alexander Sklar, an analyst at Raymond James, trimmed the price target on Workiva Inc. (NYSE:WK) to $85 from $90 and reiterated an Outperform rating. According to the firm, the company delivered a solid Q1, maintained its full-year growth outlook, and raised its profitability estimates, thanks to greater deal sizes, robust retention, strengthening AI adoption, and market share gains.

The firm further added that Workiva Inc. (NYSE:WK)’s high-teens subscription growth potential, along with incremental EBIT margins rising above 50%, reinforces an appealing risk-reward setup. This comes despite limited upside to guidance in the times ahead.

Looking ahead, Workiva Inc. (NYSE:WK) remains positive about its growth prospects, making it one of the best high-return technology stocks to buy now. Management guides for Q2 2026 revenue in the range of $250 million to $252 million. The growth will mainly be driven by AI-powered innovation and enhanced platform capabilities. While expressing optimism, CEO Marty Vanderploeg said,

“Our Q1 results reflect the strength of our platform and our commitment to innovation. We are well-positioned to capitalize on market opportunities and deliver value to our customers and shareholders.”

Workiva Inc. (NYSE:WK) is an Iowa-based provider of cloud-based reporting solutions. Founded in 2008, the company offers the Workiva platform, audit trail services, and administrator access management, among others.