What is DA Davidson's Forecast for Workday Q1 Earnings?

Workday, Inc. (NASDAQ:WDAY - Free Report) - DA Davidson issued their Q1 2026 earnings per share estimates for Workday in a note issued to investors on Wednesday, February 26th. DA Davidson analyst G. Luria expects that the software maker will earn $0.82 per share for the quarter. The consensus estimate for Workday's current full-year earnings is $2.63 per share. DA Davidson also issued estimates for Workday's FY2026 earnings at $3.74 EPS, FY2027 earnings at $5.02 EPS and FY2027 earnings at $5.02 EPS.

Several other research analysts have also recently commented on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $300.00 target price on shares of Workday in a report on Wednesday, February 26th. Bank of America dropped their price objective on Workday from $310.00 to $285.00 and set a "buy" rating for the company in a report on Wednesday, November 27th. Wells Fargo & Company raised their price target on Workday from $330.00 to $360.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. Loop Capital upped their price objective on shares of Workday from $242.00 to $260.00 and gave the stock a "hold" rating in a research report on Wednesday, February 19th. Finally, StockNews.com downgraded shares of Workday from a "buy" rating to a "hold" rating in a research note on Monday, January 13th. Ten research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $302.14.

Workday Stock Performance

Workday stock traded down $0.94 during midday trading on Friday, hitting $253.63. The company's stock had a trading volume of 1,839,176 shares, compared to its average volume of 2,462,921. 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 company has a market cap of $67.47 billion, a price-to-earnings ratio of 42.06, a PEG ratio of 3.55 and a beta of 1.35. Workday has a 1-year low of $199.81 and a 1-year high of $294.00. The company has a 50-day moving average price of $259.48 and a two-hundred day moving average price of $255.31.

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

Insider Buying and Selling

In related news, Director Wayne A.I. Frederick sold 1,829 shares of Workday stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $253.09, for a total value of $462,901.61. Following the transaction, the director now directly owns 6,845 shares of the company's stock, valued at $1,732,401.05. The trade was a 21.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 completion of the sale, the chief accounting officer now owns 35,408 shares in the company, valued at $8,789,681.92. The trade was a 1.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 369,374 shares of company stock valued at $95,786,918 over the last 90 days. 20.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Workday

Several large investors have recently modified their holdings of the company. Roxbury Financial LLC bought a new stake in Workday during the fourth quarter valued at $25,000. Capital Performance Advisors LLP acquired a new position in shares of Workday in the 3rd quarter valued at about $26,000. Crews Bank & Trust bought a new stake in shares of Workday during the 4th quarter valued at about $26,000. Avion Wealth grew its stake in Workday by 452.6% during the fourth quarter. Avion Wealth now owns 105 shares of the software maker's stock worth $27,000 after purchasing an additional 86 shares during the period. Finally, Meeder Asset Management Inc. increased its holdings in Workday by 42.2% in the third quarter. Meeder Asset Management Inc. now owns 145 shares of the software maker's stock worth $35,000 after purchasing an additional 43 shares in the last quarter. 89.81% of the stock is currently owned by institutional investors and hedge funds.

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.