Workday, Inc. (NASDAQ:WDAY - Free Report) - Stock analysts at Zacks Research upped their Q1 2026 earnings estimates for shares of Workday in a research report issued to clients and investors on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the software maker will earn $0.74 per share for the quarter, up from their previous estimate of $0.65. The consensus estimate for Workday's current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Workday's Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.91 EPS, Q4 2026 earnings at $0.95 EPS, FY2026 earnings at $3.41 EPS, Q1 2027 earnings at $0.90 EPS, Q2 2027 earnings at $1.13 EPS, FY2027 earnings at $4.64 EPS and FY2028 earnings at $5.36 EPS.
Workday (NASDAQ:WDAY - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The software maker reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.75 by ($1.27). Workday had a net margin of 19.86% and a return on equity of 6.13%. The company had revenue of $2.21 billion during the quarter, compared to analysts' expectations of $2.18 billion.
WDAY has been the subject of a number of other research reports. Redburn Atlantic began coverage on shares of Workday in a report on Wednesday, February 19th. They issued a "neutral" rating for the company. Deutsche Bank Aktiengesellschaft upgraded shares of Workday from a "hold" rating to a "buy" rating and raised their price target for the stock from $265.00 to $300.00 in a report on Wednesday, January 8th. Needham & Company LLC reiterated a "buy" rating and issued a $300.00 price objective on shares of Workday in a report on Monday. Piper Sandler increased their price objective on Workday from $270.00 to $290.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 26th. Finally, UBS Group lifted their target price on Workday from $255.00 to $285.00 and gave the company a "neutral" rating in a research report on Wednesday, February 26th. Ten equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $300.36.
Check Out Our Latest Stock Analysis on Workday
Workday Trading Up 1.2 %
NASDAQ:WDAY traded up $2.92 during trading hours on Friday, hitting $252.83. The company had a trading volume of 1,176,580 shares, compared to its average volume of 2,430,541. Workday has a 1 year low of $199.81 and a 1 year high of $294.00. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average of $256.97 and a 200 day moving average of $255.03. The company has a market cap of $67.25 billion, a P/E ratio of 41.93, a P/E/G ratio of 3.55 and a beta of 1.38.
Hedge Funds Weigh In On Workday
A number of institutional investors have recently modified their holdings of WDAY. Vanguard Group Inc. grew its position in Workday by 28.9% during the 4th quarter. Vanguard Group Inc. now owns 20,142,800 shares of the software maker's stock worth $5,197,447,000 after purchasing an additional 4,517,272 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of Workday by 10.7% during the third quarter. Janus Henderson Group PLC now owns 4,985,131 shares of the software maker's stock worth $1,218,415,000 after buying an additional 480,459 shares during the last quarter. State Street Corp increased its position in Workday by 1.4% in the 3rd quarter. State Street Corp now owns 4,842,729 shares of the software maker's stock valued at $1,183,611,000 after acquiring an additional 67,380 shares during the period. Geode Capital Management LLC increased its position in Workday by 61.9% in the 4th quarter. Geode Capital Management LLC now owns 4,637,387 shares of the software maker's stock valued at $1,193,105,000 after acquiring an additional 1,772,223 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in Workday by 60.7% during the 4th quarter. The Manufacturers Life Insurance Company now owns 3,722,255 shares of the software maker's stock valued at $960,454,000 after acquiring an additional 1,406,088 shares during the last quarter. 89.81% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Workday
In related news, Director George J. Still, Jr. sold 7,500 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $241.33, for a total transaction of $1,809,975.00. Following the transaction, the director now owns 75,000 shares in the company, valued at $18,099,750. This trade represents a 9.09 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder David A. Duffield sold 56,000 shares of the business's stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $261.75, for a total value of $14,658,000.00. Following the completion of the sale, the insider now owns 172,000 shares of the company's stock, valued at approximately $45,021,000. This represents a 24.56 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 417,001 shares of company stock worth $105,735,200 over the last three months. Insiders own 20.00% of the company's stock.
About Workday
(
Get Free Report)
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.
Featured Articles
Before you consider Workday, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Workday wasn't on the list.
While Workday currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
