Workday (NASDAQ:WDAY) Receives “Buy” Rating from Guggenheim

Guggenheim reiterated their buy rating on shares of Workday (NASDAQ:WDAY) in a report published on Wednesday morning,Benzinga reports. They currently have a $285.00 target price on the software maker’s stock.

A number of other research analysts have also recently issued reports on the stock. Wall Street Zen raised shares of Workday from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. Zacks Research cut Workday from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Royal Bank Of Canada reduced their price objective on Workday from $320.00 to $300.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Barclays decreased their target price on Workday from $280.00 to $275.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Finally, Citigroup lowered their target price on Workday from $261.00 to $247.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $255.90.

Workday Trading Down 0.3%

NASDAQ:WDAY opened at $142.63 on Wednesday. Workday has a 1 year low of $139.38 and a 1 year high of $281.00. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.83 and a current ratio of 1.83. The stock has a fifty day moving average price of $191.31 and a two-hundred day moving average price of $216.11. The stock has a market capitalization of $37.51 billion, a price-to-earnings ratio of 59.93, a PEG ratio of 1.22 and a beta of 1.13.

Workday (NASDAQ:WDAY) last issued its earnings results on Tuesday, November 25th. The software maker reported $2.32 EPS for the quarter, topping the consensus estimate of $2.17 by $0.15. Workday had a net margin of 6.95% and a return on equity of 10.50%. The company had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.42 billion. During the same period in the previous year, the firm earned $1.89 EPS. The business’s revenue was up 12.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Workday will post 2.63 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder David A. Duffield sold 82,884 shares of the business’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $209.75, for a total value of $17,384,919.00. Following the completion of the transaction, the insider owned 105,049 shares of the company’s stock, valued at approximately $22,034,027.75. The trade was a 44.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Zane Rowe sold 6,000 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the completion of the transaction, the chief financial officer owned 159,158 shares in the company, valued at approximately $33,224,232.50. This trade represents a 3.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 370,321 shares of company stock valued at $78,866,401. Company insiders own 19.31% of the company’s stock.

Hedge Funds Weigh In On Workday

A number of institutional investors have recently modified their holdings of WDAY. Rakuten Securities Inc. purchased a new stake in Workday in the 2nd quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Workday during the 3rd quarter worth $26,000. DT Investment Partners LLC acquired a new stake in shares of Workday during the fourth quarter worth $27,000. LRI Investments LLC purchased a new stake in shares of Workday in the fourth quarter valued at $29,000. Finally, JPL Wealth Management LLC purchased a new stake in shares of Workday in the third quarter valued at $30,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

Key Stories Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Guggenheim reaffirmed a “buy” rating and kept a high $285 price target, signaling continued confidence in long‑term upside. Guggenheim reaffirmed buy on WDAY
• Positive Sentiment: Rosenblatt upgraded WDAY to a “buy” (from hold) with a $180 target, providing a nearer‑term constructive view on the name. Rosenblatt upgrades Workday (WDAY)
• Positive Sentiment: Coverage highlighting the return of a founder/CEO and renewed AI emphasis has supported the narrative that shares may be undervalued if Workday can monetize AI across its HCM/finance products. Workday CEO Return And AI Push Raise Questions On Undervalued Shares
• Neutral Sentiment: Partner news: Interact announced new AI‑native features and a Workday integration — a product tie that can help adoption but is not a material earnings catalyst on its own. Interact expands platform with Workday integration
• Neutral Sentiment: Reminder: Workday is scheduled to report earnings next week, which can amplify moves as analysts and investors update forecasts. Workday (WDAY) to Release Earnings on Tuesday
• Negative Sentiment: Citizens JMP downgraded WDAY from “outperform” to “market perform,” reducing near‑term analyst enthusiasm. Citizens downgrades Workday (WDAY)
• Negative Sentiment: BMO cut its price target sharply (from $285 to $204), signaling reduced conviction on upside versus prior estimates. Workday price target lowered by BMO
• Negative Sentiment: Oppenheimer trimmed its target from $270 to $200 (still an outperform rating), a further sign that some analysts are tempering growth/valuation assumptions. Workday price target lowered by Oppenheimer
• Negative Sentiment: Zacks flagged that Workday may not have the ideal setup to deliver an earnings beat in the upcoming report, which could add downside risk around the print. Workday (WDAY) Earnings Expected to Grow: Should You Buy?

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.