Workday (WDAY) Expected to Announce Earnings on Thursday

Workday (NASDAQ:WDAY - Get Free Report) is projected to post its Q1 2026 quarterly earnings results before the market opens on Thursday, May 22nd. Analysts expect Workday to post earnings of $1.99 per share and revenue of $2.22 billion for the quarter. Workday has set its FY 2026 guidance at EPS and its Q1 2026 guidance at EPS.

Workday (NASDAQ:WDAY - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The software maker reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $1.75 by ($1.27). The firm had revenue of $2.21 billion during the quarter, compared to analyst estimates of $2.18 billion. Workday had a net margin of 19.86% and a return on equity of 6.13%. On average, analysts expect Workday to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Workday Stock Up 0.4%

Shares of NASDAQ:WDAY opened at $271.17 on Thursday. The stock has a market cap of $72.13 billion, a price-to-earnings ratio of 44.97, a PEG ratio of 3.55 and a beta of 1.30. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.35. Workday has a 12-month low of $199.81 and a 12-month high of $294.00. The business's 50 day moving average is $239.33 and its 200 day moving average is $252.78.

Wall Street Analyst Weigh In

Several research firms have weighed in on WDAY. Scotiabank cut their price objective on Workday from $355.00 to $305.00 and set a "sector outperform" rating on the stock in a research report on Monday, March 17th. Mizuho lowered their price target on Workday from $320.00 to $275.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Citigroup reduced their price objective on Workday from $287.00 to $270.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. KeyCorp increased their price objective on Workday from $305.00 to $335.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. Finally, UBS Group increased their price objective on Workday from $255.00 to $285.00 and gave the company a "neutral" rating in a research report on Wednesday, February 26th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $293.62.

Insider Buying and Selling at Workday

In related news, major shareholder David A. Duffield sold 66,455 shares of Workday stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $259.52, for a total value of $17,246,401.60. Following the sale, the insider now directly owns 102,997 shares in the company, valued at approximately $26,729,781.44. The trade was a 39.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director George J. Still, Jr. sold 7,500 shares of Workday stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $241.33, for a total value of $1,809,975.00. Following the completion of the sale, the director now owns 75,000 shares in the company, valued at approximately $18,099,750. The trade was a 9.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 321,724 shares of company stock worth $77,976,126. Insiders own 19.31% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Workday stock. Brighton Jones LLC boosted its holdings in Workday, Inc. (NASDAQ:WDAY - Free Report) by 230.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,005 shares of the software maker's stock after buying an additional 2,792 shares during the quarter. Brighton Jones LLC's holdings in Workday were worth $1,033,000 at the end of the most recent quarter. 89.81% of the stock is owned by institutional investors and hedge funds.

About Workday

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.

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