Zacks Research Issues Positive Outlook for Workday Earnings

Workday, Inc. (NASDAQ:WDAY - Free Report) - Zacks Research lifted their Q3 2025 earnings estimates for shares of Workday in a research note issued on Monday, October 28th. Zacks Research analyst R. Department now anticipates that the software maker will post earnings of $0.56 per share for the quarter, up from their prior forecast of $0.55. The consensus estimate for Workday's current full-year earnings is $2.40 per share. Zacks Research also issued estimates for Workday's Q4 2025 earnings at $0.60 EPS, Q3 2026 earnings at $0.87 EPS and Q1 2027 earnings at $0.88 EPS.

Workday (NASDAQ:WDAY - Get Free Report) last announced its earnings results on Thursday, August 22nd. The software maker reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.10. Workday had a net margin of 19.59% and a return on equity of 5.34%. The company had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.07 billion. During the same period in the previous year, the business earned $0.40 earnings per share. The firm's quarterly revenue was up 16.5% compared to the same quarter last year.

Several other research analysts have also issued reports on WDAY. Citigroup cut their target price on shares of Workday from $274.00 to $270.00 and set a "neutral" rating for the company in a research report on Wednesday, September 25th. Barclays upped their target price on shares of Workday from $286.00 to $289.00 and gave the stock an "overweight" rating in a research report on Friday, August 23rd. The Goldman Sachs Group upped their target price on shares of Workday from $300.00 to $305.00 and gave the stock a "buy" rating in a research report on Thursday, September 19th. Morgan Stanley cut their price target on shares of Workday from $325.00 to $315.00 and set an "overweight" rating for the company in a research report on Friday, August 23rd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Workday from $265.00 to $275.00 and gave the company a "hold" rating in a research report on Friday, August 23rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twenty-one have issued a buy rating to the company. According to data from MarketBeat.com, Workday currently has a consensus rating of "Moderate Buy" and a consensus target price of $287.04.

Workday Price Performance

NASDAQ:WDAY traded down $4.43 during midday trading on Thursday, hitting $233.85. The company had a trading volume of 1,415,183 shares, compared to its average volume of 2,114,323. Workday has a 52-week low of $199.81 and a 52-week high of $311.28. The stock's fifty day moving average price is $247.41 and its 200-day moving average price is $236.40. The company has a market capitalization of $61.97 billion, a PE ratio of 42.14, a P/E/G ratio of 4.72 and a beta of 1.35. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.36.

Institutional Investors Weigh In On Workday

Hedge funds and other institutional investors have recently bought and sold shares of the business. Crewe Advisors LLC purchased a new stake in Workday in the first quarter worth about $27,000. SouthState Corp grew its holdings in shares of Workday by 614.3% during the second quarter. SouthState Corp now owns 150 shares of the software maker's stock valued at $34,000 after buying an additional 129 shares during the last quarter. Pacific Center for Financial Services grew its holdings in shares of Workday by 57.0% during the first quarter. Pacific Center for Financial Services now owns 157 shares of the software maker's stock valued at $43,000 after buying an additional 57 shares during the last quarter. Goodman Advisory Group LLC purchased a new stake in shares of Workday during the second quarter valued at approximately $35,000. Finally, Asset Dedication LLC purchased a new stake in shares of Workday during the second quarter valued at approximately $36,000. Hedge funds and other institutional investors own 89.81% of the company's stock.

Insider Buying and Selling

In related news, major shareholder David A. Duffield sold 56,000 shares of the stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $242.01, for a total value of $13,552,560.00. Following the completion of the transaction, the insider now directly owns 281,000 shares of the company's stock, valued at $68,004,810. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Workday news, Director Wayne A.I. Frederick sold 1,828 shares of the company's stock in a transaction dated Friday, October 11th. The shares were sold at an average price of $241.85, for a total value of $442,101.80. Following the sale, the director now owns 8,674 shares in the company, valued at approximately $2,097,806.90. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder David A. Duffield sold 56,000 shares of the company's stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $242.01, for a total transaction of $13,552,560.00. Following the completion of the sale, the insider now owns 281,000 shares in the company, valued at approximately $68,004,810. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 370,575 shares of company stock valued at $91,506,897 over the last three months. Corporate insiders own 20.00% of the company's stock.

Workday Company Profile

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.