Workday (WDAY) to Release Earnings on Thursday

Workday (NASDAQ:WDAY) is expected to issue its Q2 2026 quarterly earnings data after the market closes on Thursday, August 21st. Analysts expect the company to announce earnings of $2.09 per share and revenue of $2.34 billion for the quarter. Workday has set its FY 2026 guidance at EPS and its Q2 2026 guidance at EPS.

Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Thursday, May 22nd. The software maker reported $2.23 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.22. Workday had a return on equity of 8.00% and a net margin of 5.60%. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.22 billion. During the same quarter last year, the company posted $1.74 earnings per share. Workday’s quarterly revenue was up 12.6% on a year-over-year basis. On average, analysts expect Workday to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Workday Trading Up 4.0%

Workday stock opened at $223.09 on Thursday. The stock has a 50-day simple moving average of $235.77 and a 200 day simple moving average of $244.48. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.07 and a current ratio of 2.07. The stock has a market capitalization of $59.56 billion, a P/E ratio of 123.25, a PEG ratio of 3.24 and a beta of 1.24. Workday has a 52 week low of $205.33 and a 52 week high of $294.00.

Insider Transactions at Workday

In other Workday news, Director George J. Still, Jr. sold 7,500 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $248.41, for a total value of $1,863,075.00. Following the completion of the sale, the director owned 67,500 shares in the company, valued at approximately $16,767,675. This trade represents a 10.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder David A. Duffield sold 72,551 shares of the stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $239.61, for a total transaction of $17,383,945.11. Following the completion of the sale, the insider owned 102,997 shares of the company’s stock, valued at approximately $24,679,111.17. This trade represents a 41.33% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 329,005 shares of company stock worth $79,203,523. Company insiders own 19.31% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. grew its stake in Workday by 211.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 187 shares of the software maker’s stock valued at $44,000 after purchasing an additional 127 shares during the period. Empowered Funds LLC increased its stake in shares of Workday by 12.1% during the 1st quarter. Empowered Funds LLC now owns 11,142 shares of the software maker’s stock worth $2,602,000 after purchasing an additional 1,206 shares during the last quarter. Finally, Brighton Jones LLC increased its stake in shares of Workday by 230.2% during the 4th quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock worth $1,033,000 after purchasing an additional 2,792 shares during the last quarter. Institutional investors own 89.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on WDAY shares. Stifel Nicolaus dropped their price target on shares of Workday from $310.00 to $275.00 and set a “hold” rating for the company in a research report on Friday, May 23rd. Piper Sandler reaffirmed an “underweight” rating and set a $235.00 target price (down previously from $255.00) on shares of Workday in a research note on Thursday, July 10th. Westpark Capital boosted their target price on shares of Workday from $315.00 to $328.00 and gave the stock a “buy” rating in a research note on Friday, May 23rd. JMP Securities reissued a “market outperform” rating and issued a $315.00 price objective on shares of Workday in a research note on Friday, May 23rd. Finally, KeyCorp reduced their price objective on shares of Workday from $335.00 to $325.00 and set an “overweight” rating on the stock in a research note on Friday, May 23rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Workday presently has a consensus rating of “Moderate Buy” and an average target price of $294.31.

Workday Company Profile

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.