William Blair Predicts Workday's Q1 Earnings (NASDAQ:WDAY)

Workday, Inc. (NASDAQ:WDAY - Free Report) - Equities researchers at William Blair issued their Q1 2026 earnings per share (EPS) estimates for Workday in a research report issued on Wednesday, February 26th. William Blair analyst J. Roberge expects that the software maker will post earnings of $0.78 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 Q2 2026 earnings at $0.89 EPS, Q3 2026 earnings at $0.97 EPS, Q4 2026 earnings at $1.03 EPS and FY2026 earnings at $3.67 EPS.

Several other research analysts also recently weighed in on the stock. The Goldman Sachs Group increased their price target on shares of Workday from $310.00 to $345.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Stifel Nicolaus upped their target price on shares of Workday from $270.00 to $310.00 and gave the stock a "hold" rating in a research note on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft upgraded Workday from a "hold" rating to a "buy" rating and lifted their target price for the company from $265.00 to $300.00 in a research note on Wednesday, January 8th. BMO Capital Markets increased their price objective on Workday from $300.00 to $314.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. Finally, UBS Group upped their price objective on shares of Workday from $255.00 to $285.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 26th. Ten research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $302.14.

Workday Stock Up 2.4 %

Shares of WDAY traded up $5.98 during mid-day trading on Monday, reaching $259.61. The company had a trading volume of 1,859,891 shares, compared to its average volume of 2,437,385. The firm has a 50-day moving average price of $259.17 and a 200 day moving average price of $255.46. The company has a market capitalization of $69.06 billion, a price-to-earnings ratio of 43.05, a price-to-earnings-growth ratio of 3.55 and a beta of 1.35. Workday has a 52 week low of $199.81 and a 52 week high of $294.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.05 and a current ratio of 2.05.

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

Institutional Investors Weigh In On Workday

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Castle Rock Wealth Management LLC purchased a new position in Workday in the 4th quarter worth about $1,089,000. Park Square Financial Group LLC acquired a new stake in shares of Workday in the fourth quarter worth $117,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Workday during the 4th quarter valued at approximately $117,259,000. Azzad Asset Management Inc. ADV grew its holdings in Workday by 0.8% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 9,187 shares of the software maker's stock valued at $2,371,000 after purchasing an additional 71 shares during the period. Finally, Jefferies Financial Group Inc. increased its stake in Workday by 8.1% during the 4th quarter. Jefferies Financial Group Inc. now owns 10,326 shares of the software maker's stock worth $2,664,000 after buying an additional 770 shares in the last quarter. 89.81% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Workday news, Director Wayne A.I. Frederick sold 1,829 shares of the company's stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $253.09, for a total value of $462,901.61. Following the sale, the director now owns 6,845 shares in the company, valued at approximately $1,732,401.05. This represents a 21.09 % 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 Workday stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $246.42, for a total value of $13,799,520.00. Following the completion of the sale, the insider now owns 60,000 shares of the company's stock, valued at $14,785,200. The trade was a 48.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 435,829 shares of company stock worth $113,033,319 in the last ninety days. 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.