Workday (WDAY) Projected to Announce Earnings on Thursday

Key Points

• Workday is expected to report Q2 fiscal 2027 results after Thursday’s market close, with analysts forecasting earnings of $2.61 per share and revenue of approximately $2.64 billion.
• In its prior quarter, Workday exceeded expectations with EPS of $2.66 versus $2.51 projected and revenue of $2.54 billion, up 13.5% year over year.
• The launch of Workday AI Research helped drive a sharp stock move, but valuation concerns remain: several analysts maintain neutral or hold ratings, despite an overall “Moderate Buy” consensus.

Workday (NASDAQ:WDAY - Get Free Report) is projected to announce its Q2 2027 results after the market closes on Thursday, August 27th. Analysts expect Workday to announce earnings of $2.61 per share and revenue of $2.6362 billion for the quarter. Parties may visit the the company's upcoming Q2 2027 earning report page for the latest details on the call scheduled for Thursday, August 27, 2026 at 4:30 PM ET.

Workday (NASDAQ:WDAY - Get Free Report) last posted its quarterly earnings data on Thursday, May 21st. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.51 by $0.15. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.52 billion. Workday had a net margin of 8.60% and a return on equity of 14.75%. The firm's quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter last year, the company posted $2.23 earnings per share. On average, analysts expect Workday to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Workday Stock Up 4.1%

WDAY opened at $198.42 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.30. The stock has a market cap of $49.01 billion, a price-to-earnings ratio of 62.01, a PEG ratio of 2.03 and a beta of 1.08. Workday has a twelve month low of $110.36 and a twelve month high of $249.85. The company's 50-day moving average price is $147.58 and its two-hundred day moving average price is $139.14.

Workday News Summary

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday launched Workday AI Research, a dedicated technical team focused on making enterprise AI more reliable, trustworthy, and efficient. The initiative targets challenges involving agent memory, collaboration, orchestration, and data deletion, potentially strengthening Workday’s competitive position in AI-powered HR, finance, and IT software. Workday Introduces AI Research Team
• Positive Sentiment: The company also announced a PhD fellowship and plans to contribute peer-reviewed research and evaluation methods to the broader AI community. Investors may view the effort as evidence that Workday is investing seriously in long-term AI product development rather than relying solely on third-party technology. Workday Introduces AI Research Team Dedicated to Advancing Reliable, Trustworthy, and Efficient Enterprise AI
• Positive Sentiment: Coverage of the AI announcement described a sharp upward move in WDAY shares, indicating that the new research division was the primary immediate catalyst. Workday Stock Surges as Company Launches AI Research Division
• Neutral Sentiment: Bank of America raised its price target from $140 to $205 but retained a Neutral rating, suggesting some additional valuation upside while signaling limited conviction at the stock’s elevated level. Bank of America Raises Workday Price Target
• Neutral Sentiment: Investment commentary highlighted potential for more than 30% margin expansion, while also warning that high valuations, concentrated demand, and aggressive AI investment assumptions create risks. Workday Margin Potential Commentary
• Neutral Sentiment: Reported interest from Silver Lake has fueled speculation about software-sector consolidation, but the potential transaction remains unconfirmed and could increase volatility. Analyst Lists Reasons Tech M&A May Accelerate
• Negative Sentiment: BTIG lowered Workday to Neutral, while Deutsche Bank downgraded the stock to Hold. Analysts cited valuation concerns and caution after the recent rally. BTIG Lowers Workday Rating Deutsche Bank Downgrades Workday

Insider Activity at Workday

In related news, insider Gerrit S. Kazmaier sold 2,728 shares of the firm's stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $143.62, for a total value of $391,795.36. Following the completion of the transaction, the insider directly owned 266,388 shares of the company's stock, valued at approximately $38,258,644.56. This trade represents a 1.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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. Also, major shareholder David A. Duffield sold 107,500 shares of Workday stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $136.74, for a total transaction of $14,699,550.00. Following the completion of the transaction, the insider owned 105,049 shares of the company's stock, valued at $14,364,400.26. This represents a 50.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 875,020 shares of company stock worth $113,938,503 in the last ninety days. Insiders own 18.64% of the company's stock.

Institutional Trading of Workday

A number of institutional investors have recently added to or reduced their stakes in WDAY. Brighton Jones LLC lifted its holdings in shares of Workday by 230.2% in the fourth quarter. Brighton Jones LLC now owns 4,005 shares of the software maker's stock worth $1,033,000 after buying an additional 2,792 shares in the last quarter. Empowered Funds LLC grew its stake in 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 acquiring an additional 1,206 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in 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 acquiring an additional 127 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in Workday during the 2nd quarter worth approximately $281,000. Finally, NewEdge Advisors LLC increased its holdings in Workday by 32.0% during the 2nd quarter. NewEdge Advisors LLC now owns 6,597 shares of the software maker's stock worth $1,583,000 after acquiring an additional 1,600 shares during the period. Hedge funds and other institutional investors own 89.81% of the company's stock.

Wall Street Analysts Forecast Growth

WDAY has been the topic of a number of research reports. Piper Sandler reaffirmed a "neutral" rating and issued a $145.00 price target on shares of Workday in a report on Friday, August 14th. KeyCorp reissued an "overweight" rating on shares of Workday in a report on Friday, August 14th. UBS Group raised their target price on Workday from $140.00 to $220.00 and gave the stock a "neutral" rating in a research report on Friday, August 14th. Oppenheimer restated an "outperform" rating on shares of Workday in a research note on Thursday, June 11th. Finally, Citigroup reaffirmed a "market perform" rating on shares of Workday in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $189.17.

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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