Workday, Inc. (NASDAQ:WDAY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Workday, Inc. (NASDAQ:WDAY) has been given a consensus recommendation of “Moderate Buy” by the thirty-seven research firms that are covering the company, MarketBeat reports. Twelve analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $259.9355.

A number of brokerages recently weighed in on WDAY. Loop Capital set a $280.00 price target on Workday in a research note on Wednesday, December 10th. Wall Street Zen raised shares of Workday from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Wells Fargo & Company reduced their price target on shares of Workday from $300.00 to $290.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Barclays decreased their price objective on shares of Workday from $280.00 to $275.00 and set an “overweight” rating for the company in a research note on Monday, January 12th. Finally, BTIG Research reduced their target price on Workday from $285.00 to $230.00 and set a “buy” rating for the company in a report on Monday, February 9th.

Key Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Rosenblatt upgraded WDAY from neutral to buy and set a $180 target, signaling renewed analyst conviction in the stock’s medium-term upside amid the company’s strategic shifts. Rosenblatt upgrades Workday (WDAY)
• Positive Sentiment: Coverage highlights the return of co‑founder Aneel Bhusri as CEO and a stronger AI push — investors may view this as supportive for long‑term product strategy and growth, especially if AI accelerates subscription or service demand. Workday CEO Return And AI Push Raise Questions On Undervalued Shares
• Neutral Sentiment: Workday is scheduled to report quarterly results on Tuesday; the upcoming release is the near‑term catalyst that could swing the stock depending on guidance and AI‑related commentary. Workday (WDAY) to Release Earnings on Tuesday
• Negative Sentiment: Analysts at BMO cut their price target from $285 to $204 (still “outperform”), signaling reduced expectations for near‑term upside even as they keep a constructive rating. BMO lowers Workday price target
• Negative Sentiment: Oppenheimer also trimmed its target from $270 to $200 while maintaining an outperform rating, another sign analysts are moderating near‑term forecasts despite believing in longer‑term upside. Oppenheimer lowers Workday price target
• Negative Sentiment: Zacks cautions Workday may lack the factors that typically produce an earnings beat this quarter, increasing downside risk around the report. Workday (WDAY) Earnings Expected to Grow: Should You Buy?

Insider Activity

In related news, insider Gerrit S. Kazmaier sold 3,759 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $208.73, for a total transaction of $784,616.07. Following the transaction, the insider directly owned 105,167 shares of the company’s stock, valued at approximately $21,951,507.91. The trade was a 3.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Mark S. Garfield sold 953 shares of the stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $209.56, for a total transaction of $199,710.68. Following the completion of the sale, the chief accounting officer owned 35,336 shares of the company’s stock, valued at approximately $7,405,012.16. The trade was a 2.63% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 370,321 shares of company stock worth $78,866,401. Corporate insiders own 19.31% of the company’s stock.

Institutional Trading of Workday

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Workday by 14.7% during the 4th quarter. Vanguard Group Inc. now owns 25,009,288 shares of the software maker’s stock worth $5,371,495,000 after purchasing an additional 3,210,232 shares in the last quarter. State Street Corp increased its holdings in Workday by 1.0% in the fourth quarter. State Street Corp now owns 9,770,707 shares of the software maker’s stock worth $2,098,552,000 after buying an additional 96,139 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in Workday by 47.5% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 5,842,491 shares of the software maker’s stock valued at $1,406,463,000 after acquiring an additional 1,882,391 shares in the last quarter. Geode Capital Management LLC lifted its stake in Workday by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 5,091,926 shares of the software maker’s stock valued at $1,089,970,000 after acquiring an additional 75,922 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its position in Workday by 87.8% in the fourth quarter. First Eagle Investment Management LLC now owns 4,338,773 shares of the software maker’s stock worth $931,882,000 after acquiring an additional 2,028,085 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday Trading Down 0.9%

Shares of NASDAQ:WDAY opened at $143.12 on Friday. 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 stock has a market capitalization of $37.64 billion, a price-to-earnings ratio of 60.13, a PEG ratio of 1.23 and a beta of 1.13. Workday has a 1-year low of $139.91 and a 1-year high of $281.00. The company has a 50 day moving average price of $192.91 and a 200 day moving average price of $216.63.

Workday (NASDAQ:WDAY) last announced 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 return on equity of 10.50% and a net margin of 6.95%.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 firm earned $1.89 EPS. On average, research analysts anticipate that Workday will post 2.63 EPS 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.