Rosenblatt Securities Upgrades Workday (NASDAQ:WDAY) to Buy

Posted by ABMN Staff on Feb 19th, 2026

Workday (NASDAQ:WDAY – Get Free Report) was upgraded by investment analysts at Rosenblatt Securities from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, MarketBeat.com reports. The brokerage currently has a $180.00 price target on the software maker’s stock, down from their previous price target of $235.00. Rosenblatt Securities’ target price would suggest a potential upside of 26.20% from the company’s current price.

Several other equities research analysts have also recently issued reports on WDAY. Piper Sandler decreased their price objective on shares of Workday from $235.00 to $200.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Evercore set a $200.00 price target on Workday in a report on Monday, February 9th. Loop Capital set a $280.00 price objective on Workday in a research report on Wednesday, December 10th. Wall Street Zen raised Workday from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 14th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Workday in a report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Workday has an average rating of “Moderate Buy” and a consensus target price of $255.90.

Read Our Latest Report on WDAY

Workday Stock Performance

Shares of Workday stock opened at $142.63 on Tuesday. The business has a 50-day simple moving average of $191.31 and a 200-day simple moving average of $216.11. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.83 and a current ratio of 1.83. Workday has a one year low of $139.38 and a one year high of $281.00. The company has a market cap of $37.51 billion, a PE ratio of 59.93, a P/E/G ratio of 1.22 and a beta of 1.13.

Workday (NASDAQ:WDAY – Get Free Report) last issued its quarterly earnings results on Tuesday, November 25th. The software maker reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.15. Workday had a net margin of 6.95% and a return on equity of 10.50%. The company had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.42 billion. During the same quarter in the previous year, the firm earned $1.89 earnings per share. The firm’s quarterly revenue was up 12.6% on a year-over-year basis. On average, equities research analysts forecast that Workday will post 2.63 EPS for the current fiscal year.

Insider Activity

In other Workday news, insider Gerrit S. Kazmaier sold 6,547 shares of Workday stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $218.77, for a total transaction of $1,432,287.19. Following the transaction, the insider owned 111,353 shares of the company’s stock, valued at $24,360,695.81. The trade was a 5.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Carl M. Eschenbach sold 3,125 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $210.00, for a total value of $656,250.00. Following the completion of the sale, the chief executive officer directly owned 17,097 shares of the company’s stock, valued at $3,590,370. The trade was a 15.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 370,321 shares of company stock worth $78,866,401 over the last ninety days. 19.31% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Workday by 230.2% during the fourth quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock worth $1,033,000 after buying an additional 2,792 shares during the period. Empowered Funds LLC raised its stake in Workday by 12.1% during the 1st quarter. Empowered Funds LLC now owns 11,142 shares of the software maker’s stock valued at $2,602,000 after acquiring an additional 1,206 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Workday by 211.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 187 shares of the software maker’s stock valued at $44,000 after acquiring an additional 127 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Workday during the 2nd quarter worth approximately $281,000. Finally, Harbour Investments Inc. grew its stake in shares of Workday by 41.3% in the 2nd quarter. Harbour Investments Inc. now owns 277 shares of the software maker’s stock valued at $66,000 after purchasing an additional 81 shares during the last quarter. 89.81% of the stock is owned by hedge funds and other institutional investors.

Workday News Summary

Here are the key news stories impacting Workday this week:

Positive Sentiment: Guggenheim reaffirmed a “buy” rating and kept a high $285 price target, signaling continued confidence in long‑term upside. Guggenheim reaffirmed buy on WDAY
Positive Sentiment: Rosenblatt upgraded WDAY to a “buy” (from hold) with a $180 target, providing a nearer‑term constructive view on the name. Rosenblatt upgrades Workday (WDAY)
Positive Sentiment: Coverage highlighting the return of a founder/CEO and renewed AI emphasis has supported the narrative that shares may be undervalued if Workday can monetize AI across its HCM/finance products. Workday CEO Return And AI Push Raise Questions On Undervalued Shares
Neutral Sentiment: Partner news: Interact announced new AI‑native features and a Workday integration — a product tie that can help adoption but is not a material earnings catalyst on its own. Interact expands platform with Workday integration
Neutral Sentiment: Reminder: Workday is scheduled to report earnings next week, which can amplify moves as analysts and investors update forecasts. Workday (WDAY) to Release Earnings on Tuesday
Negative Sentiment: Citizens JMP downgraded WDAY from “outperform” to “market perform,” reducing near‑term analyst enthusiasm. Citizens downgrades Workday (WDAY)
Negative Sentiment: BMO cut its price target sharply (from $285 to $204), signaling reduced conviction on upside versus prior estimates. Workday price target lowered by BMO
Negative Sentiment: Oppenheimer trimmed its target from $270 to $200 (still an outperform rating), a further sign that some analysts are tempering growth/valuation assumptions. Workday price target lowered by Oppenheimer
Negative Sentiment: Zacks flagged that Workday may not have the ideal setup to deliver an earnings beat in the upcoming report, which could add downside risk around the print. Workday (WDAY) Earnings Expected to Grow: Should You Buy?

About Workday

(Get Free Report)

Workday, Inc (NASDAQ: WDAY) is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday’s platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company’s product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.