Workday, Inc. (NASDAQ:WDAY) Given Average Recommendation of “Moderate Buy” by Brokerages

Workday, Inc. (NASDAQ:WDAY) has received an average recommendation of “Moderate Buy” from the thirty-four research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation, nineteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $189.4839.

Several research firms have commented on WDAY. Citigroup reissued a “market perform” rating on shares of Workday in a research report on Friday. KeyCorp boosted their target price on shares of Workday from $155.00 to $158.00 and gave the stock an “overweight” rating in a research report on Friday. Rosenblatt Securities decreased their target price on shares of Workday from $180.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Citizens Jmp downgraded shares of Workday from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen raised shares of Workday from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th.

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday posted Q1 adjusted EPS of $2.66 versus estimates of $2.49, while revenue rose 13.5% year over year to $2.54 billion, topping forecasts. Workday Announces Fiscal 2027 First Quarter Financial Results
• Positive Sentiment: Management raised its full-year non-GAAP operating margin guidance to 30.5%, signaling stronger profitability and helping fuel the stock’s rebound. Workday pops as Q1 results guidance top estimates
• Positive Sentiment: Analysts highlighted growing AI monetization, noting that Workday’s AI features and agentic roadmap are starting to show up in contract value and customer adoption. Workday’s AI Momentum Continues as Solid Q1 Results Posted, RBC Says
• Positive Sentiment: Several Wall Street firms responded with constructive commentary and price-target updates after the beat, reinforcing sentiment that the quarter was solid and the setup remains favorable. These Analysts Revise Their Forecasts On Workday Following Q1 Results
• Neutral Sentiment: Some analysts remain cautious, calling the post-earnings move more of a relief rally and noting that the stock is still expensive relative to fundamentals. WDAY Stock’s Gains Following Q1 Beat Fails to Unite Wall Street – This Analyst Believes Post-Earnings Rise Feels More Like Relief Rally
• Negative Sentiment: Citi and other firms trimmed price targets, reflecting lingering concerns about valuation and execution even after the strong quarter. Workday Rallies On ‘Low Bar’ Beat As AI Starts To Show Up In Contract Value

Workday Stock Performance

Shares of WDAY opened at $128.14 on Friday. The company’s 50 day moving average price is $125.91 and its 200 day moving average price is $169.28. Workday has a 52 week low of $110.36 and a 52 week high of $257.09. The company has a market capitalization of $32.93 billion, a PE ratio of 40.04, a PEG ratio of 1.24 and a beta of 1.04. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.32.

Workday (NASDAQ:WDAY) last announced its quarterly earnings data on Thursday, May 21st. The software maker reported $2.66 EPS for the quarter, beating analysts’ consensus estimates of $2.51 by $0.15. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.52 billion. Workday had a net margin of 8.60% and a return on equity of 13.92%. The firm’s revenue was up 13.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.23 earnings per share. Research analysts expect that Workday will post 5.12 EPS for the current fiscal year.

Insider Buying and Selling

In other Workday news, CAO Mark S. Garfield sold 1,585 shares of the business’s stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $113.05, for a total value of $179,184.25. Following the completion of the sale, the chief accounting officer directly owned 31,467 shares of the company’s stock, valued at $3,557,344.35. The trade was a 4.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder David A. Duffield sold 107,500 shares of the company’s stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $112.33, for a total transaction of $12,075,475.00. Following the sale, the insider directly owned 105,049 shares of the company’s stock, valued at approximately $11,800,154.17. This represents a 50.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 989,814 shares of company stock valued at $131,576,291. 18.64% of the stock is owned by company insiders.

Institutional Trading of Workday

Large investors have recently modified their holdings of the company. Rakuten Securities Inc. bought a new stake in shares of Workday during the 2nd quarter worth $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Workday during the 3rd quarter worth $26,000. DT Investment Partners LLC bought a new stake in shares of Workday during the 4th quarter worth $27,000. LRI Investments LLC bought a new stake in shares of Workday during the 4th quarter worth $29,000. Finally, JPL Wealth Management LLC bought a new stake in shares of Workday during the 3rd quarter worth $30,000. 89.81% of the stock is owned by institutional investors.

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.