Workday (NASDAQ:WDAY) Downgraded to Hold Rating by Mizuho

Mizuho cut shares of Workday (NASDAQ:WDAY) from a strong-buy rating to a hold rating in a research report released on Monday morning,Zacks.com reports.

WDAY has been the subject of a number of other research reports. Rosenblatt Securities raised Workday from a “hold” rating to a “buy” rating and reduced their price target for the company from $235.00 to $180.00 in a report on Tuesday, February 17th. Piper Sandler reduced their target price on Workday from $235.00 to $200.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. JPMorgan Chase & Co. decreased their price target on shares of Workday from $270.00 to $230.00 and set an “overweight” rating for the company in a research report on Tuesday. Zacks Research lowered shares of Workday from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Finally, DA Davidson reduced their price objective on shares of Workday from $260.00 to $250.00 and set a “hold” rating on the stock in a research note on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, Workday currently has a consensus rating of “Moderate Buy” and a consensus price target of $240.25.

Workday Price Performance

Shares of WDAY stock opened at $130.23 on Monday. The firm has a fifty day simple moving average of $184.46 and a 200-day simple moving average of $213.51. The company has a market capitalization of $34.25 billion, a PE ratio of 54.72, a price-to-earnings-growth ratio of 1.11 and a beta of 1.13. Workday has a twelve month low of $125.83 and a twelve month high of $281.00. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.34.

Workday (NASDAQ:WDAY) last released its quarterly earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.15. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Workday had a net margin of 6.95% and a return on equity of 10.50%. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.92 EPS. Equities research analysts anticipate that Workday will post 2.63 earnings per share for the current fiscal year.

Insider Buying and Selling at Workday

In related news, major shareholder David A. Duffield sold 82,884 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $209.75, for a total value of $17,384,919.00. Following the sale, the insider owned 105,049 shares of the company’s stock, valued at approximately $22,034,027.75. This trade represents a 44.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Gerrit S. Kazmaier sold 3,759 shares of the firm’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $208.73, for a total value of $784,616.07. Following the completion of the sale, the insider owned 105,167 shares in the company, valued at $21,951,507.91. The trade was a 3.45% decrease in their ownership of the stock. 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 20.00% of the company’s stock.

Institutional Trading of Workday

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Workday by 14.7% in the fourth quarter. Vanguard Group Inc. now owns 25,009,288 shares of the software maker’s stock valued at $5,371,495,000 after acquiring an additional 3,210,232 shares in the last quarter. State Street Corp boosted its stake in Workday by 1.0% during the 4th quarter. State Street Corp now owns 9,770,707 shares of the software maker’s stock valued at $2,098,552,000 after purchasing an additional 96,139 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in shares of Workday by 47.5% during the 3rd 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 purchasing an additional 1,882,391 shares during the period. Geode Capital Management LLC raised its stake in shares of Workday by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 5,091,926 shares of the software maker’s stock worth $1,089,970,000 after buying an additional 75,922 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of Workday by 101.4% in the fourth quarter. Janus Henderson Group PLC now owns 5,017,905 shares of the software maker’s stock valued at $1,077,537,000 after buying an additional 2,525,821 shares during the period. 89.81% of the stock is currently owned by institutional investors.

More Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday beat expectations for the quarter — revenue of ~$2.53B and non‑GAAP EPS of $2.47 topped Street forecasts, and fiscal 2026 results showed solid revenue and operating cash flow growth. Workday Announces Fiscal 2026 Fourth Quarter and Full Year Financial Results
• Positive Sentiment: Management is emphasizing AI (including “agentic” AI) as a growth catalyst and is investing to build differentiated AI capabilities — a positive strategic signal for long‑term revenue potential if product adoption follows. Workday’s CEO is leaning into agentic AI
• Neutral Sentiment: Some analysts remain constructive (JPMorgan kept an overweight rating while trimming its price target), showing divergent views on valuation vs. near‑term risk. Benzinga: JPMorgan updates
• Neutral Sentiment: Trading volume spiked versus average as the print and guidance drove active re‑pricing — higher volume increases short‑term volatility but also improves liquidity. MarketBeat WDAY page
• Negative Sentiment: Workday guided fiscal‑2027 subscription revenue below Wall Street estimates and said subscription growth will slow (guide ~12%–13%), signaling weaker new‑client wins as corporate tech spending softens. Workday forecasts 2027 annual subscription revenue below estimates (Reuters)
• Negative Sentiment: Margin outlook disappointed: Workday flagged higher near‑term investment to compete in AI, which pressured adjusted operating income expectations and contributed to the selloff. Workday’s stock dives as earnings reveal the cost of competing in AI (MarketWatch)
• Negative Sentiment: The market reaction was sharp: shares fell ~7–8% in after‑hours trading on the weak FY27 outlook, and a few brokers (including Jefferies) downgraded or cut targets ahead of the print — increasing near‑term downside risk. WDAY shares tumble nearly 8% after-hours on weak FY27 guidance (MSN) Jefferies downgrades Workday (MSN)

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.