What is DA Davidson’s Estimate for Workday FY2026 Earnings?

Workday, Inc. (NASDAQ:WDAY) – Analysts at DA Davidson issued their FY2026 earnings per share (EPS) estimates for Workday in a research report issued on Wednesday, November 26th. DA Davidson analyst L. Schreiner forecasts that the software maker will earn $4.09 per share for the year. DA Davidson has a “Hold” rating and a $250.00 price target on the stock. The consensus estimate for Workday’s current full-year earnings is $2.63 per share. DA Davidson also issued estimates for Workday’s FY2027 earnings at $5.65 EPS.

Workday (NASDAQ:WDAY) last posted its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.17 by $0.15. The company had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.42 billion. Workday had a net margin of 6.95% and a return on equity of 10.50%. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.89 EPS.

Several other analysts have also recently issued reports on WDAY. Guggenheim reissued a “buy” rating and set a $285.00 price objective on shares of Workday in a research note on Wednesday, November 26th. JMP Securities reiterated a “market outperform” rating and issued a $315.00 target price on shares of Workday in a report on Wednesday, September 17th. Oppenheimer restated an “outperform” rating on shares of Workday in a research note on Wednesday. Deutsche Bank Aktiengesellschaft cut their price objective on Workday from $330.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $315.00 target price on shares of Workday in a report on Wednesday, November 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $282.70.

Workday Price Performance

Workday stock opened at $215.69 on Monday. Workday has a 1 year low of $205.33 and a 1 year high of $294.00. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.83 and a current ratio of 1.83. The firm has a 50 day moving average price of $233.23 and a 200 day moving average price of $235.48. The company has a market cap of $57.59 billion, a price-to-earnings ratio of 90.63, a PEG ratio of 2.61 and a beta of 1.15.

Institutional Trading of Workday

Several large investors have recently modified their holdings of WDAY. CIBC Bancorp USA Inc. purchased a new stake in shares of Workday during the third quarter worth about $9,087,000. Caerus Investment Advisors LLC acquired a new stake in Workday during the 3rd quarter valued at approximately $244,000. Aspire Private Capital LLC grew its stake in Workday by 17.9% during the 3rd quarter. Aspire Private Capital LLC now owns 5,489 shares of the software maker’s stock valued at $1,321,000 after purchasing an additional 832 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab purchased a new stake in Workday during the 3rd quarter worth approximately $3,144,000. Finally, Danske Bank A S acquired a new position in shares of Workday in the 3rd quarter valued at approximately $44,038,000. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Workday

In other news, Director Michael M. Mcnamara sold 5,393 shares of the business’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $235.16, for a total transaction of $1,268,217.88. Following the transaction, the director directly owned 24,078 shares of the company’s stock, valued at approximately $5,662,182.48. The trade was a 18.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Richard Harry Sauer sold 2,320 shares of the firm’s stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $235.87, for a total transaction of $547,218.40. Following the sale, the insider directly owned 90,077 shares of the company’s stock, valued at approximately $21,246,461.99. The trade was a 2.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 264,933 shares of company stock worth $61,475,760 over the last 90 days. 20.00% of the stock is owned by corporate insiders.

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.