Workday (NASDAQ:WDAY) Posts Earnings Results, Beats Estimates By $996.70 EPS

Workday (NASDAQ:WDAY) announced its quarterly earnings results on Tuesday. The software maker reported $999.00 EPS for the quarter, topping analysts’ consensus estimates of $2.30 by $996.70, Zacks reports. Workday had a return on equity of 10.50% and a net margin of 6.95%.

Workday Stock Performance

WDAY traded up $1.13 during midday trading on Tuesday, reaching $130.34. The company had a trading volume of 6,692,085 shares, compared to its average volume of 4,391,336. Workday has a 1 year low of $125.83 and a 1 year high of $281.00. The company has a market cap of $34.28 billion, a P/E ratio of 54.76, a P/E/G ratio of 1.18 and a beta of 1.13. The business has a 50-day moving average of $186.18 and a two-hundred day moving average of $214.16. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.34.

Analysts Set New Price Targets

Several research firms have recently commented on WDAY. Royal Bank Of Canada dropped their target price 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. Morgan Stanley lowered their price objective on shares of Workday from $280.00 to $200.00 and set an “equal weight” rating for the company in a report on Monday. Macquarie Infrastructure reaffirmed a “buy” rating on shares of Workday in a research report on Wednesday, November 26th. Raymond James Financial reissued a “market perform” rating on shares of Workday in a research report on Monday, February 9th. Finally, Sanford C. Bernstein dropped their price target on Workday from $304.00 to $298.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $240.25.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: JPMorgan trimmed its price target from $270 to $230 but kept an “Overweight” rating, still implying a large upside vs. current levels — a vote of confidence from a major bank that can support buyers. Benzinga: JPMorgan lowers PT but keeps Overweight
• Positive Sentiment: Workday announced the return of its founder as CEO with an increased AI emphasis — a leadership move investors often view as positive when coupled with a clear strategic focus on growth areas like AI. Yahoo Finance: Founder returns as CEO
• Neutral Sentiment: Workday reports Q4 after the close today; analysts have been updating forecasts and price targets ahead of the print, which increases short-term volatility — earnings execution and guidance will likely be the dominant immediate driver. Benzinga: Forecast changes ahead of Q4
• Neutral Sentiment: Market betting tools and services are showing varied odds for an earnings beat — short-term option and probability markets can amplify intraday swings around the print. TipRanks: Polymarket odds for earnings
• Neutral Sentiment: Broader tech weakness and “apps reset” themes leave software names oversold; some analyst decks and screens flag WDAY as having significant upside if sentiment normalizes — a potential longer-term positive but not a near-term certainty. MarketBeat: Tech selloff / oversold stocks (WDAY flagged)
• Negative Sentiment: Jefferies downgraded and sharply cut targets ahead of the quarter, explicitly citing AI-related competitive/fundamental concerns — cuts from a well-known shop can trigger selling and reduce confidence among momentum-driven holders. TipRanks: Jefferies cuts target, cites AI fears MSN: Jefferies downgrade reported
• Negative Sentiment: High-profile commentators like Jim Cramer signaling they are “not buyers” can weigh on sentiment and retail demand in the near term, contributing to downside pressure. InsiderMonkey: Jim Cramer not a buyer

Insiders Place Their Bets

In other news, insider Gerrit S. Kazmaier sold 6,547 shares of the business’s 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 approximately $24,360,695.81. The trade was a 5.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Zane Rowe sold 6,000 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the completion of the sale, the chief financial officer directly owned 159,158 shares in the company, valued at $33,224,232.50. This trade represents a 3.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 370,321 shares of company stock valued at $78,866,401. Insiders own 19.31% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Strategic Investment Advisors MI lifted its position in shares of Workday by 1.6% during the second quarter. Strategic Investment Advisors MI now owns 3,263 shares of the software maker’s stock valued at $777,000 after buying an additional 50 shares during the last quarter. L2 Asset Management LLC boosted its stake in Workday by 7.8% in the fourth quarter. L2 Asset Management LLC now owns 1,079 shares of the software maker’s stock valued at $232,000 after acquiring an additional 78 shares in the last quarter. Colonial Trust Co SC boosted its stake in Workday by 45.8% in the fourth quarter. Colonial Trust Co SC now owns 280 shares of the software maker’s stock valued at $60,000 after acquiring an additional 88 shares in the last quarter. Scotia Capital Inc. grew its holdings in Workday by 5.4% in the third quarter. Scotia Capital Inc. now owns 1,759 shares of the software maker’s stock worth $423,000 after purchasing an additional 90 shares during the last quarter. Finally, Rakuten Securities Inc. acquired a new position in shares of Workday during the second quarter worth $25,000. Institutional investors own 89.81% of the company’s stock.

About Workday

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.