Barclays Issues Pessimistic Forecast for Workday (NASDAQ:WDAY) Stock Price

Workday (NASDAQ:WDAY) had its price objective decreased by investment analysts at Barclays from $230.00 to $200.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the software maker’s stock. Barclays‘s price objective indicates a potential upside of 43.77% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. KeyCorp cut their price target on shares of Workday from $260.00 to $155.00 and set an “overweight” rating on the stock in a report on Wednesday. The Goldman Sachs Group began coverage on Workday in a research report on Monday, January 12th. They issued a “neutral” rating and a $238.00 price objective on the stock. Robert W. Baird set a $195.00 target price on Workday in a research note on Tuesday. DA Davidson reduced their target price on Workday from $250.00 to $125.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, Piper Sandler lowered their price target on Workday from $200.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $205.19.

Workday Price Performance

Shares of NASDAQ:WDAY opened at $139.11 on Wednesday. The business has a fifty day moving average price of $181.23 and a 200-day moving average price of $212.44. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.32 and a quick ratio of 1.83. The company has a market capitalization of $36.59 billion, a PE ratio of 53.92, a PEG ratio of 1.14 and a beta of 1.13. Workday has a 1-year low of $117.76 and a 1-year high of $276.00.

Workday (NASDAQ:WDAY) last announced its quarterly earnings data on Tuesday, February 24th. The software maker reported $2.47 EPS for the quarter, beating the consensus estimate of $2.32 by $0.15. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Workday had a net margin of 7.26% and a return on equity of 13.37%. Workday’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.92 EPS. As a group, equities analysts expect that Workday will post 2.63 EPS for the current fiscal year.

Insider Buying and Selling at Workday

In other news, 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 sale, the chief financial officer owned 159,158 shares of the company’s stock, valued at $33,224,232.50. This represents a 3.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Gerrit S. Kazmaier sold 3,759 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $208.73, for a total transaction of $784,616.07. Following the completion of the transaction, the insider owned 105,167 shares in the company, valued at $21,951,507.91. This trade represents a 3.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 370,321 shares of company stock worth $78,866,401. 19.31% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Workday

A number of hedge funds have recently modified their holdings of the business. Rakuten Securities Inc. bought a new position in shares of Workday in the second quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in Workday during the 3rd quarter valued at approximately $26,000. JPL Wealth Management LLC purchased a new position in Workday in the 3rd quarter worth approximately $30,000. DT Investment Partners LLC purchased a new position in Workday in the 4th quarter worth approximately $27,000. Finally, Berbice Capital Management LLC boosted its stake in Workday by 136.4% in the 2nd 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. Institutional investors own 89.81% of the company’s stock.

Key Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Q4 results beat — Workday reported stronger-than-expected Q4 revenue and EPS with subscription growth and margin expansion, a fundamental positive that supports long‑term revenue/unit economics. Workday Q4 Earnings Beat (Zacks)
• Positive Sentiment: Selective analyst support remains — Several firms (Needham, Guggenheim and others) continue Buy/Outperform calls with high price targets, underwriting upside if execution and guidance normalize. Needham Buy Rating (American Banking News)
• Neutral Sentiment: Partnerships and product moves — New offerings such as the Insperity HRScale rollout expand SMB reach but are not game‑changing near term. Insperity HRScale (Yahoo)
• Negative Sentiment: Weak FY27 subscription guidance — Management’s below‑consensus subscription revenue outlook and comments on longer deal timelines triggered the selloff and renewed AI‑disruption concerns. Workday tumbles on dour outlook (Reuters)
• Negative Sentiment: Widespread analyst price‑target cuts and downgrades — A cluster of PT reductions (UBS, Piper Sandler, DA Davidson, Goldman and others) has amplified selling pressure and market uncertainty. Analysts cut forecasts (Benzinga)
• Negative Sentiment: Short interest jumped (~34% month over month) — Rising short activity adds downward pressure and increases volatility risk until sentiment stabilizes.
• Negative Sentiment: Public skepticism and investor headlines — High‑profile critics (including Jim Cramer) questioning Workday’s transition and AI positioning have contributed to negative sentiment. Jim Cramer comments (Yahoo)
• Negative Sentiment: Recent firm‑level downgrades (Citigroup, UBS, Piper Sandler) — New cuts to price targets and neutral/hold stances (including a Citigroup PT reset to $148) sustain selling momentum. Analyst PT changes (Benzinga)

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.