Workday (NASDAQ:WDAY) Stock Rating Upgraded by Wall Street Zen

Workday (NASDAQ:WDAY) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Several other equities analysts also recently commented on the company. BTIG Research dropped their target price on Workday from $230.00 to $175.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. The Goldman Sachs Group lowered their price objective on Workday from $238.00 to $206.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. TD Cowen lowered shares of Workday from a “buy” rating to a “hold” rating and set a $155.00 price objective for the company. in a report on Wednesday, February 25th. Loop Capital set a $210.00 target price on shares of Workday in a research report on Thursday, March 12th. Finally, Wells Fargo & Company reduced their target price on shares of Workday from $255.00 to $180.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Nineteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $199.71.

Workday Stock Performance

Shares of Workday stock opened at $124.18 on Friday. Workday has a fifty-two week low of $117.76 and a fifty-two week high of $276.00. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market capitalization of $31.91 billion, a P/E ratio of 48.13, a P/E/G ratio of 1.21 and a beta of 1.17. The company’s 50 day moving average price is $150.42 and its two-hundred day moving average price is $198.86.

Workday (NASDAQ:WDAY) last announced 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 company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Workday had a net margin of 7.26% and a return on equity of 13.37%. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.92 earnings per share. On average, equities analysts forecast that Workday will post 2.63 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder David A. Duffield sold 107,500 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $132.67, for a total transaction of $14,262,025.00. Following the completion of the sale, the insider directly owned 105,049 shares in the company, valued at $13,936,850.83. This represents a 50.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 transaction of $4,662,621.45. Following the transaction, the insider directly owned 106,330 shares of the company’s stock, valued at $22,347,376.10. This represents a 17.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 765,036 shares of company stock worth $113,952,492 in the last 90 days. 20.00% of the stock is owned by company insiders.

Institutional Trading of Workday

A number of large investors have recently bought and sold shares of WDAY. Stance Capital LLC lifted its stake in shares of Workday by 3.7% in the 4th quarter. Stance Capital LLC now owns 6,238 shares of the software maker’s stock valued at $1,340,000 after purchasing an additional 223 shares during the period. Rockefeller Capital Management L.P. grew its stake in Workday by 12.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 178,827 shares of the software maker’s stock worth $38,408,000 after purchasing an additional 20,016 shares during the period. Meadowbrook Advisors Group LLC bought a new stake in Workday in the fourth quarter worth approximately $320,000. Larry Mathis Financial Planning LLC bought a new stake in Workday in the fourth quarter worth approximately $216,000. Finally, Green Ridge Wealth Planning LLC acquired a new position in Workday in the fourth quarter valued at approximately $237,000. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Analysts remain broadly bullish on Workday, citing strong AI momentum and placement on lists of undervalued cloud names; roughly 60% of analysts keep bullish ratings and the consensus price target (~$180) implies meaningful upside versus current levels. This underpins a constructive medium‑term thesis if AI adoption accelerates. Analysts Remain Confident in Workday (WDAY)’s Outlook Amid Strong AI Momentum
• Neutral Sentiment: Workday set its 2026 annual stockholder meeting for June 16 (virtual) — a routine corporate governance event that gives investors a forum for Q&A but is unlikely to move the stock by itself. Workday Announces Date of Annual Stockholder Meeting on June 16, 2026
• Neutral Sentiment: Street narrative is shifting: firms note increased AI investment but trim near‑term growth/margin forecasts, producing modest fair‑value resets (e.g., ~$184→$181 range). Investors are debating how much to value AI investments versus near‑term earnings trade‑offs. How The Workday (WDAY) Story Is Shifting Toward AI Investment And Slower Growth Expectations
• Negative Sentiment: At least one published price target was cut substantially (reported ~22.8% cut to $186.30), signaling analysts are lowering near‑term expectations and putting downward pressure on sentiment and multiple. Workday (WDAY) price target decreased by 22.83% to 186.30
• Negative Sentiment: Major shareholder David A. Duffield sold 107,500 shares (a reported ~50% reduction in his disclosed holdings), a large insider sale that can spook investors and suggest near‑term liquidity taking by insiders. SEC Form 4: Duffield sale
• Negative Sentiment: Coverage pieces highlight a prolonged share‑price slide (~40–48% over the past year in some pieces) and ongoing valuation reassessment; that backdrop increases sensitivity to any bearish data (cuts, insider sales, slower guidance). Is Workday (WDAY) Now Offering Value After A 48% One-Year Share Price Slide?

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.