Zacks Research Has Weak Forecast for Workday FY2026 Earnings

Workday, Inc. (NASDAQ:WDAY) – Analysts at Zacks Research lowered their FY2026 earnings estimates for Workday in a report released on Monday, April 28th. Zacks Research analyst R. Department now expects that the software maker will earn $3.38 per share for the year, down from their prior forecast of $3.39. The consensus estimate for Workday’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Workday’s Q4 2027 earnings at $1.30 EPS, FY2027 earnings at $4.61 EPS and FY2028 earnings at $5.30 EPS.

Workday (NASDAQ:WDAY) last released its 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 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 analysts’ expectations of $2.18 billion.

WDAY has been the subject of a number of other reports. Mizuho cut their price target on Workday from $320.00 to $275.00 and set an “outperform” rating for the company in a research note on Tuesday, April 15th. Needham & Company LLC reaffirmed a “buy” rating and set a $300.00 price objective on shares of Workday in a research report on Monday, March 24th. DA Davidson decreased their target price on shares of Workday from $270.00 to $230.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. Stifel Nicolaus increased their price target 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. Finally, Jefferies Financial Group reduced their price objective on shares of Workday from $350.00 to $325.00 and set a “buy” rating for the company in a research note on Monday, March 31st. Ten investment analysts have rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $292.86.

Workday Price Performance

WDAY opened at $246.61 on Thursday. The stock has a fifty day moving average price of $239.41 and a 200 day moving average price of $251.81. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.35. Workday has a 1 year low of $199.81 and a 1 year high of $294.00. The stock has a market cap of $65.60 billion, a price-to-earnings ratio of 40.90, a PEG ratio of 3.55 and a beta of 1.32.

Insider Buying and Selling

In other Workday news, CAO Mark S. Garfield sold 497 shares of the company’s stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $226.55, for a total transaction of $112,595.35. Following the sale, the chief accounting officer now directly owns 34,385 shares of the company’s stock, valued at approximately $7,789,921.75. This represents a 1.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Sayan Chakraborty sold 6,056 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $265.50, for a total value of $1,607,868.00. Following the completion of the transaction, the insider now directly owns 111,324 shares in the company, valued at $29,556,522. The trade was a 5.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 321,724 shares of company stock valued at $77,976,126 over the last quarter. Corporate insiders own 20.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Roxbury Financial LLC bought a new position in shares of Workday in the fourth quarter worth about $25,000. Crews Bank & Trust bought a new position in Workday in the 4th quarter worth approximately $26,000. Avion Wealth lifted its holdings in Workday by 452.6% during the 4th quarter. Avion Wealth now owns 105 shares of the software maker’s stock worth $27,000 after buying an additional 86 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in Workday by 76.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 125 shares of the software maker’s stock valued at $28,000 after buying an additional 54 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. bought a new stake in shares of Workday during the first quarter worth $32,000. 89.81% of the stock is owned by institutional investors.

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.