Guggenheim Has Lowered Expectations for Workday (NASDAQ:WDAY) Stock Price

Workday (NASDAQ:WDAY) had its target price cut by analysts at Guggenheim from $285.00 to $275.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the software maker’s stock. Guggenheim’s target price suggests a potential upside of 97.69% from the stock’s previous close.

Other analysts have also issued research reports about the stock. BMO Capital Markets dropped their price objective on shares of Workday from $204.00 to $182.00 and set an “outperform” rating on the stock in a research note on Wednesday. Piper Sandler dropped their price target on shares of Workday from $200.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday. Royal Bank Of Canada cut their price objective on shares of Workday from $320.00 to $300.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Robert W. Baird set a $195.00 price objective on shares of Workday in a research report on Tuesday. Finally, TD Cowen lowered Workday from a “buy” rating to a “hold” rating and set a $155.00 target price on the stock. in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $205.19.

Workday Trading Up 4.5%

Shares of WDAY opened at $139.11 on Wednesday. Workday has a 12 month low of $117.76 and a 12 month high of $276.00. The stock’s 50-day moving average is $181.23 and its two-hundred day moving average is $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 stock has a market cap of $36.59 billion, a PE ratio of 53.92, a P/E/G ratio of 1.14 and a beta of 1.13.

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 13.37% 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. Equities analysts forecast that Workday will post 2.63 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Zane Rowe sold 6,000 shares of the 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 transaction, the chief financial officer owned 159,158 shares of the company’s stock, valued at approximately $33,224,232.50. This trade represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Gerrit S. Kazmaier sold 3,759 shares of Workday stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $208.73, for a total value of $784,616.07. Following the completion of the transaction, the insider owned 105,167 shares of the company’s stock, valued at $21,951,507.91. This trade represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 370,321 shares of company stock worth $78,866,401. Company insiders own 19.31% of the company’s stock.

Institutional Investors Weigh In On Workday

A number of institutional investors have recently made changes to their positions in the company. Rakuten Securities Inc. bought a new position in Workday during the second quarter worth $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Workday during the third 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 bought a new position in shares of Workday in the 4th quarter worth about $29,000. Finally, JPL Wealth Management LLC bought a new position in shares of Workday in the 3rd quarter worth about $30,000. 89.81% of the stock is currently owned by institutional investors.

Key Headlines Impacting Workday

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)

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.