Rosenblatt Securities Cuts Workday (NASDAQ:WDAY) Price Target to $150.00

Workday (NASDAQ:WDAY) had its price objective decreased by Rosenblatt Securities from $180.00 to $150.00 in a research report sent to investors on Wednesday morning,Benzinga reports. Rosenblatt Securities currently has a buy rating on the software maker’s stock.

Several other equities research analysts have also commented on the stock. Cantor Fitzgerald restated an “overweight” rating and issued a $200.00 price target on shares of Workday in a research note on Monday. The Goldman Sachs Group assumed coverage on shares of Workday in a research note on Monday, January 12th. They set a “neutral” rating and a $238.00 price objective for the company. KeyCorp dropped their target price on Workday from $285.00 to $260.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Zacks Research cut shares of Workday from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Finally, Guggenheim restated a “buy” rating and issued a $285.00 price objective on shares of Workday in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat.com, Workday presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.19.

Workday Price Performance

WDAY stock opened at $133.76 on Wednesday. The company has a market capitalization of $35.18 billion, a PE ratio of 51.85, a P/E/G ratio of 1.28 and a beta of 1.13. The company has a quick ratio of 1.83, a current ratio of 1.32 and a debt-to-equity ratio of 0.38. Workday has a 52-week low of $117.76 and a 52-week high of $276.00. The stock’s 50 day moving average is $179.53 and its two-hundred day moving average is $211.88.

Workday (NASDAQ:WDAY) last issued its earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.15. Workday had a net margin of 7.26% and a return on equity of 13.37%. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the prior year, the business posted $1.92 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. Analysts predict that Workday will post 2.63 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Richard Harry Sauer sold 1,130 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $210.00, for a total value of $237,300.00. Following the transaction, the insider directly owned 85,398 shares in the company, valued at $17,933,580. This trade represents a 1.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 owned 105,167 shares of the company’s stock, valued at approximately $21,951,507.91. This represents a 3.45% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 370,321 shares of company stock worth $78,866,401. Corporate insiders own 19.31% of the company’s stock.

Institutional Investors Weigh In On Workday

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. AlphaQuest LLC raised its holdings in Workday by 636.7% in the 2nd quarter. AlphaQuest LLC now owns 1,886 shares of the software maker’s stock valued at $453,000 after acquiring an additional 1,630 shares in the last quarter. PKO Investment Management Joint Stock Co bought a new position in shares of Workday during the third quarter valued at $1,805,000. Phoenix Financial Ltd. acquired a new position in shares of Workday in the third quarter worth approximately $2,000,000. Rakuten Investment Management Inc. acquired a new position in Workday in the third quarter valued at $124,718,000. Finally, Norges Bank acquired a new position in Workday in the second quarter valued at approximately $442,702,000. Institutional investors own 89.81% of the company’s stock.

Key Stories Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Insperity partnership expands Workday into the SMB market with the general availability of Insperity HRScale, pairing Workday HCM with outsourced HR services — a tangible route to new recurring revenue and smaller-account penetration. Workday And Insperity Target SMB Growth With New HRScale Partnership
• Positive Sentiment: Healthcare integrations: Kahuna and Skillcentrix will bring clinically validated skills data into Workday for frontline healthcare workforces, strengthening industry-specific stickiness and compliance value of the platform. Kahuna and Skillcentrix Partner to Bring Trusted, Clinically Validated Skills Data into Workday
• Positive Sentiment: Bullish coverage and buyback/institutional support arguments note solid Q4 execution (revenue and EPS beat, margin expansion) and argue the pullback presents a long-term buying opportunity. Workday, Seriously, It’s Time to Buy This SaaS Leader
• Neutral Sentiment: Q4 results mixed: revenue and EPS topped expectations and margins improved, but management issued softer near-term guidance (2027), creating uncertainty around growth cadence despite operating leverage. Workday (WDAY) Is Down 9.0% After Softer 2027 Outlook and CEO Shift Back to Co-Founder
• Neutral Sentiment: Analyst reactions are mixed — some firms raised or maintained Buy ratings and raised targets, while many cut price targets after the guidance miss; that spread increases short-term volatility as investors sort the outlook. Workday Given New $206.00 Price Target at The Goldman Sachs Group
• Negative Sentiment: Significant analyst downgrades and price-target cuts (e.g., DA Davidson to $125, Citi cut to $148, UBS to $130 and multiple others) have pressured the stock and triggered a gap down in early trading. Workday price target lowered to $125 from $250 at DA Davidson
• Negative Sentiment: Macro/sector risk: renewed AI-selloff and skepticism about how AI will reshape enterprise software have depressed valuation multiples across SaaS names and increased investor risk aversion for names like Workday. Commentary from high‑profile commentators has added to the negative sentiment. Will AI Kill Software? Fear Creeps Beyond ‘Saaspocalypse,’ Hits IBM, DoorDash
• Negative Sentiment: Market reaction driven by guidance cut and executive leadership change (co‑founder Aneel Bhusri returning as CEO) increased uncertainty and likely accelerated selling pressure. Workday Retreats As Fiscal 2027 Guidance Falls Short Amid CEO’s Return

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.