Workday, Inc. (NASDAQ:WDAY) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts rate Workday a "Moderate Buy" — 34 firms cover WDAY (19 buy, 14 hold, 1 sell) with an average 12‑month price target of $199.71, though several brokers have recently trimmed their targets.
• Workday beat its latest quarter (EPS $2.47 vs. $2.32 est.) and revenue rose 14.5% year‑over‑year to $2.53B, but the stock trades near $121 versus a 12‑month high of $276, reflecting a sharp YTD decline and weaker moving averages.
• Insiders sold roughly 989,814 shares (~$131.6M) last quarter under Rule 10b5‑1 plans, while institutional ownership sits near 90%, indicating significant insider liquidity and concentrated institutional positions.

Workday, Inc. (NASDAQ:WDAY - Get Free Report) has been assigned an average rating of "Moderate Buy" from the thirty-four ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, fourteen have issued a hold recommendation and nineteen have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $199.7097.

WDAY has been the subject of a number of research reports. Stifel Nicolaus set a $175.00 price objective on shares of Workday in a research note on Monday, February 9th. Loop Capital set a $210.00 price objective on shares of Workday in a research note on Thursday, March 12th. Royal Bank Of Canada lowered their price objective on shares of Workday from $220.00 to $180.00 and set an "outperform" rating for the company in a research note on Wednesday, February 25th. Citigroup lowered their price objective on shares of Workday from $247.00 to $148.00 and set a "neutral" rating for the company in a research note on Thursday, February 26th. Finally, DA Davidson lowered their price objective on shares of Workday from $250.00 to $125.00 and set a "neutral" rating for the company in a research note on Wednesday, February 25th.

Workday Stock Up 2.8%

Shares of WDAY opened at $121.18 on Wednesday. The firm has a market capitalization of $31.14 billion, a P/E ratio of 46.97, a P/E/G ratio of 1.14 and a beta of 1.14. Workday has a 12-month low of $110.36 and a 12-month high of $276.00. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.38. The firm has a fifty day moving average price of $130.77 and a 200-day moving average price of $181.57.

Workday (NASDAQ:WDAY - Get Free Report) 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. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. Workday had a net margin of 7.26% and a return on equity of 13.37%. The business's revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.92 earnings per share. Equities research analysts expect that Workday will post 5.11 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Mark S. Garfield sold 1,585 shares of the company's stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $113.05, for a total value of $179,184.25. Following the completion of the sale, the chief accounting officer directly owned 31,467 shares of the company's stock, valued at $3,557,344.35. This represents a 4.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Gerrit S. Kazmaier sold 9,356 shares of the company's stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $128.39, for a total transaction of $1,201,216.84. Following the completion of the sale, the insider directly owned 165,074 shares of the company's stock, valued at approximately $21,193,850.86. This trade represents a 5.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 989,814 shares of company stock valued at $131,576,291 over the last quarter. 20.00% of the stock is owned by company insiders.

Institutional Trading of Workday

Several hedge funds have recently modified their holdings of WDAY. Brighton Jones LLC lifted its position in shares of Workday by 230.2% during the fourth quarter. Brighton Jones LLC now owns 4,005 shares of the software maker's stock valued at $1,033,000 after buying an additional 2,792 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Workday by 12.1% during the first quarter. Empowered Funds LLC now owns 11,142 shares of the software maker's stock valued at $2,602,000 after buying an additional 1,206 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Workday by 211.7% during the first quarter. Geneos Wealth Management Inc. now owns 187 shares of the software maker's stock valued at $44,000 after buying an additional 127 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Workday during the second quarter valued at about $281,000. Finally, NewEdge Advisors LLC lifted its position in shares of Workday by 32.0% during the second quarter. NewEdge Advisors LLC now owns 6,597 shares of the software maker's stock valued at $1,583,000 after buying an additional 1,600 shares during the last quarter. 89.81% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday Government launched a Personnel Action Request (PAR) Agent billed to cut PAR cycle times by up to 60%, a tailored federal offering that could accelerate wins in the U.S. government segment and support recurring revenue. Workday Government Unveils PAR Agent
• Positive Sentiment: Paxos–Toku stablecoin payroll integration now interoperates with payroll systems including Workday, enabling immediate on‑platform yield for employees paid in stablecoins — a signal that Workday sits in emerging payroll rails that could broaden product stickiness and payments adjacencies. Stablecoin payroll gets built-in yield with Paxos–Toku integration
• Positive Sentiment: Workday expanded its HR product set with an AI‑powered employee recognition solution (via Achievers), supporting engagement use cases that can deepen customer consumption of Workday HCM. Workday Embeds AI-Powered Employee Recognition
• Positive Sentiment: Workday was named a 2026 LinkedIn Top Company in Canada for the fourth straight year — a branding/employer‑attraction win that helps recruiting and retention in a talent‑driven software market. Workday Named a 2026 LinkedIn Top Company
• Positive Sentiment: Three Link Solutions is promoting Workday GO to SMBs via webinars — incremental go‑to‑market activity that could help expand the company’s small‑business footprint and accelerate seat/license adoption. Three Link Solutions Addresses Questions about Workday GO
• Neutral Sentiment: Industry research forecasts robust growth in the employee performance management market (CAGR ~12.4% to 2030), positioning Workday in a growing TAM but not guaranteeing share gains. Employee Performance Management Market Forecast
• Neutral Sentiment: Coverage noting the stock’s intraday rise and recent trading context summarizes market reaction to the news flow rather than new fundamentals. Workday (WDAY) Increases Despite Market Slip
• Negative Sentiment: Analyst/press pieces caution that Workday’s share price has already fallen sharply year‑to‑date and some view current pricing as misaligned with fundamentals; sector weakness in software raises downside risk despite product wins. Is Workday Pricing Misaligned?

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.

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