Workday (NASDAQ:WDAY) Given New $182.00 Price Target at BMO Capital Markets

Workday (NASDAQ:WDAY) had its price objective reduced by BMO Capital Markets from $204.00 to $182.00 in a research report report published on Wednesday morning, Marketbeat.com reports. They currently have an outperform rating on the software maker’s stock.

A number of other research analysts have also recently commented on WDAY. Sanford C. Bernstein reduced their target price on shares of Workday from $304.00 to $298.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 26th. Guggenheim reiterated a “buy” rating and issued a $285.00 price objective on shares of Workday in a report on Wednesday, February 18th. BTIG Research lowered their target price on Workday from $285.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, February 9th. Royal Bank Of Canada cut their price target on Workday from $320.00 to $300.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Finally, Macquarie Infrastructure reissued a “buy” rating on shares of Workday in a report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $208.28.

Workday Trading Up 2.2%

NASDAQ:WDAY opened at $133.15 on Wednesday. The business’s 50-day moving average is $182.80 and its two-hundred day moving average is $212.95. The firm has a market capitalization of $35.02 billion, a PE ratio of 51.61, a price-to-earnings-growth ratio of 1.12 and a beta of 1.13. Workday has a 12 month low of $117.76 and a 12 month high of $281.00. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.83 and a quick ratio of 1.83.

Workday (NASDAQ:WDAY) last posted 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 business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. Workday had a return on equity of 12.93% and a net margin of 7.26%.The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.92 earnings per share. Research analysts predict that Workday will post 2.63 earnings per share for the current fiscal year.

Insider Buying and Selling at Workday

In other Workday news, CFO Zane Rowe sold 6,000 shares of the stock in a transaction on 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 sale, the chief financial officer directly owned 159,158 shares of the company’s stock, valued at approximately $33,224,232.50. This represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder David A. Duffield sold 82,884 shares of Workday stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $209.75, for a total transaction of $17,384,919.00. Following the completion of the transaction, the insider directly owned 105,049 shares of the company’s stock, valued at $22,034,027.75. This trade represents a 44.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 370,321 shares of company stock worth $78,866,401. 19.31% of the stock is owned by insiders.

Hedge Funds Weigh In On Workday

Several hedge funds and other institutional investors have recently made changes to their positions in WDAY. Rakuten Securities Inc. bought a new position in Workday in the 2nd quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Workday in the third quarter valued at $26,000. JPL Wealth Management LLC acquired a new stake in shares of Workday during the 3rd quarter valued at $30,000. DT Investment Partners LLC bought a new stake in shares of Workday during the 4th quarter worth $27,000. Finally, Berbice Capital Management LLC raised its position in shares of Workday by 136.4% during the second quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock worth $31,000 after purchasing an additional 75 shares during the period. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Key Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Q4 results beat consensus — revenue of $2.53B, EPS $2.47 and improved margins, showing solid subscription growth and stronger operating profit that underpins longer-term fundamentals. Workday Announces Fiscal 2026 Fourth Quarter and Full Year Financial Results
• Positive Sentiment: Some analysts and investors still see a buy case — Needham and several boutiques continue to rate WDAY bullish and highlight AI opportunity and institutional accumulation as potential catalysts. Balancing Near-Term Headwinds and AI-Driven Long-Term Upside: Rationale for a Buy Rating
• Neutral Sentiment: CEO sought to calm AI-disruption fears on the call, noting large AI vendors run on Workday’s systems — a credibility point for the platform but one that didn’t reverse the initial selloff. Workday Shares Drop 9% as CEO Says OpenAI, Google Use Its Software
• Negative Sentiment: Management guided FY27 subscription revenue below Wall Street expectations (growth guided down to ~12–13%), stoking concerns that macro weakness and longer deal cycles will slow top-line momentum. That guidance is the primary driver of the selloff. Workday forecasts 2027 annual subscription revenue below estimates
• Negative Sentiment: Analysts aggressively trimmed price targets and issued downgrades after the outlook — examples include UBS to $130 (neutral), Piper Sandler to $135 (neutral) and multiple other cuts; that wave amplifies selling pressure and amplifies headline risk. These Analysts Slash Their Forecasts On Workday After Q4 Results
• Negative Sentiment: Short interest rose sharply in February (≈12.99M shares, ~6.2% of float, up ~34% month-over-month), increasing downside pressure and the potential for outsized moves on intraday sentiment shifts.

About Workday

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.