Workday (NASDAQ:WDAY) Sets New 1-Year Low Following Analyst Downgrade

Workday, Inc. (NASDAQ:WDAY) shares reached a new 52-week low on Tuesday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from $265.00 to $190.00. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Workday traded as low as $139.91 and last traded at $142.5130, with a volume of 946820 shares. The stock had previously closed at $144.42.

Other equities analysts have also issued research reports about the company. Needham & Company LLC reissued a “buy” rating and set a $300.00 price objective on shares of Workday in a research note on Thursday, February 5th. Citizens Jmp lowered Workday from an “outperform” rating to a “market perform” rating in a report on Wednesday. Loop Capital set a $280.00 price target on shares of Workday in a research report on Wednesday, December 10th. Royal Bank Of Canada cut their price objective on shares of Workday from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Finally, BTIG Research reduced their target price on shares of Workday from $285.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, Workday has an average rating of “Moderate Buy” and a consensus target price of $255.90.

Insider Transactions at Workday

In other news, insider Robert Enslin sold 22,185 shares of Workday stock in a transaction on Monday, January 5th. The stock was sold at an average price of $210.17, for a total value of $4,662,621.45. Following the completion of the sale, the insider directly owned 106,330 shares of the company’s stock, valued at approximately $22,347,376.10. The trade was a 17.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Gerrit S. Kazmaier sold 6,547 shares of the business’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $218.77, for a total value of $1,432,287.19. Following the completion of the sale, the insider owned 111,353 shares in the company, valued at $24,360,695.81. This represents a 5.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 370,321 shares of company stock worth $78,866,401. 19.31% of the stock is owned by company insiders.

Key Stories Impacting Workday

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?

Institutional Trading of Workday

Several hedge funds have recently made changes to their positions in the business. AlphaQuest LLC increased its position in Workday by 636.7% during the second quarter. AlphaQuest LLC now owns 1,886 shares of the software maker’s stock worth $453,000 after buying an additional 1,630 shares during the period. PKO Investment Management Joint Stock Co purchased a new position in shares of Workday during the third quarter worth approximately $1,805,000. Phoenix Financial Ltd. acquired a new position in shares of Workday in the 3rd quarter valued at $2,000,000. Rakuten Investment Management Inc. acquired a new position in shares of Workday in the 3rd quarter valued at $124,718,000. Finally, Norges Bank purchased a new stake in Workday in the 2nd quarter valued at $442,702,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday Stock Performance

The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.34. The stock has a market cap of $37.51 billion, a price-to-earnings ratio of 59.93, a PEG ratio of 1.22 and a beta of 1.13. The stock’s 50 day moving average is $191.31 and its two-hundred day moving average is $216.11.

Workday (NASDAQ:WDAY) last announced its earnings results on Tuesday, November 25th. The software maker reported $2.32 EPS for the quarter, beating 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 business had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.42 billion. During the same period in the prior year, the company earned $1.89 earnings per share. The business’s revenue was up 12.6% compared to the same quarter last year. Analysts anticipate that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Workday Company Profile

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.