Rosenblatt Securities Lowers Workday (NASDAQ:WDAY) Price Target to $150.00

Workday (NASDAQ:WDAY) had its target price lowered by equities research analysts at Rosenblatt Securities from $180.00 to $150.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the software maker’s stock. Rosenblatt Securities’ price target would suggest a potential upside of 7.83% from the company’s previous close.

WDAY has been the subject of several other research reports. Wells Fargo & Company dropped their price target on shares of Workday from $290.00 to $255.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. Zacks Research cut Workday from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Macquarie Infrastructure reaffirmed a “buy” rating on shares of Workday in a research report on Wednesday, November 26th. Robert W. Baird set a $195.00 price objective on Workday in a report on Tuesday. Finally, UBS Group reduced their target price on Workday from $240.00 to $170.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $205.19.

Workday Stock Performance

NASDAQ:WDAY opened at $139.11 on Wednesday. The company has a market capitalization of $36.59 billion, a price-to-earnings ratio of 53.92, a PEG ratio of 1.14 and a beta of 1.13. The business has a 50 day moving average of $181.23 and a 200 day moving average 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. 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.15. Workday had a return on equity of 13.37% and a net margin of 7.26%.The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same period last year, the firm earned $1.92 earnings per share. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. On average, sell-side 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, CEO Carl M. Eschenbach sold 3,125 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $210.00, for a total value of $656,250.00. Following the sale, the chief executive officer owned 17,097 shares in the company, valued at approximately $3,590,370. This represents a 15.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert Enslin sold 22,185 shares of Workday stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $210.17, for a total transaction of $4,662,621.45. Following the transaction, the insider owned 106,330 shares of the company’s stock, valued at $22,347,376.10. The trade was a 17.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 370,321 shares of company stock valued at $78,866,401. Company insiders own 19.31% of the company’s stock.

Institutional Trading of Workday

Several institutional investors have recently bought and sold shares of the company. Rakuten Securities Inc. purchased a new position in Workday in the second quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new position in Workday in the 3rd quarter worth approximately $26,000. DT Investment Partners LLC bought a new position in Workday in the 4th quarter valued at approximately $27,000. LRI Investments LLC purchased a new stake in Workday during the 4th quarter valued at $29,000. Finally, JPL Wealth Management LLC purchased a new stake in Workday during the 3rd quarter valued at $30,000. 89.81% of the stock is owned by hedge funds and other institutional investors.

Workday News Roundup

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.