What is William Blair's Forecast for Workday Q1 Earnings?

Workday, Inc. (NASDAQ:WDAY - Free Report) - Analysts at William Blair issued their Q1 2027 earnings per share (EPS) estimates for Workday in a research note issued on Wednesday, February 26th. William Blair analyst J. Roberge forecasts that the software maker will earn $1.01 per share for the quarter. The consensus estimate for Workday's current full-year earnings is $2.63 per share. William Blair also issued estimates for Workday's Q1 2027 earnings at $1.01 EPS, Q2 2027 earnings at $1.26 EPS, Q3 2027 earnings at $1.31 EPS, Q3 2027 earnings at $1.31 EPS, Q4 2027 earnings at $1.41 EPS, Q4 2027 earnings at $1.41 EPS, FY2027 earnings at $4.99 EPS and FY2027 earnings at $4.99 EPS.

Workday (NASDAQ:WDAY - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The software maker reported $0.48 EPS for the quarter, missing the consensus estimate of $1.75 by ($1.27). Workday had a return on equity of 6.13% and a net margin of 19.86%. The company had revenue of $2.21 billion during the quarter, compared to the consensus estimate of $2.18 billion.

Several other brokerages also recently commented on WDAY. Loop Capital raised their target price on Workday from $242.00 to $260.00 and gave the stock a "hold" rating in a research note on Wednesday, February 19th. Piper Sandler upped their target price on Workday from $270.00 to $290.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 26th. StockNews.com downgraded Workday from a "buy" rating to a "hold" rating in a research report on Monday, January 13th. Guggenheim restated a "neutral" rating on shares of Workday in a research report on Wednesday, February 26th. Finally, The Goldman Sachs Group raised their target price on shares of Workday from $310.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Ten equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $302.14.

Workday Stock Performance

NASDAQ:WDAY traded down $0.94 on Friday, reaching $253.63. 1,839,176 shares of the company's stock were exchanged, compared to its average volume of 2,462,921. The firm has a market cap of $67.47 billion, a price-to-earnings ratio of 42.06, a P/E/G ratio of 3.55 and a beta of 1.35. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.05 and a quick ratio of 2.05. The stock has a fifty day simple moving average of $259.48 and a 200-day simple moving average of $255.31. Workday has a 52 week low of $199.81 and a 52 week high of $294.00.

Insider Activity

In other news, major shareholder David A. Duffield sold 57,000 shares of Workday stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $275.31, for a total value of $15,692,670.00. Following the sale, the insider now directly owns 284,000 shares in the company, valued at approximately $78,188,040. This trade represents a 16.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Mark S. Garfield sold 472 shares of the company's stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $248.24, for a total value of $117,169.28. Following the transaction, the chief accounting officer now owns 35,408 shares of the company's stock, valued at approximately $8,789,681.92. This represents a 1.32 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 369,374 shares of company stock valued at $95,786,918. Insiders own 20.00% of the company's stock.

Institutional Trading of Workday

Large investors have recently added to or reduced their stakes in the stock. Roxbury Financial LLC purchased a new stake in shares of Workday in the 4th quarter worth about $25,000. Capital Performance Advisors LLP bought a new position in Workday in the third quarter worth about $26,000. Crews Bank & Trust purchased a new stake in Workday in the fourth quarter worth about $26,000. Avion Wealth lifted its holdings in Workday by 452.6% in the fourth quarter. Avion Wealth now owns 105 shares of the software maker's stock worth $27,000 after buying an additional 86 shares during the period. Finally, Meeder Asset Management Inc. raised its position in shares of Workday by 42.2% in the 3rd quarter. Meeder Asset Management Inc. now owns 145 shares of the software maker's stock worth $35,000 after acquiring an additional 43 shares in the last quarter. Institutional investors own 89.81% of the company's stock.

About Workday

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.