Research Analysts Issue Forecasts for Workday Q1 Earnings

Workday, Inc. (NASDAQ:WDAY) – Analysts at DA Davidson issued their Q1 2026 earnings per share (EPS) estimates for shares of Workday in a report issued on Wednesday, February 26th. DA Davidson analyst G. Luria anticipates that the software maker will earn $0.82 per share for the quarter. The consensus estimate for Workday’s current full-year earnings is $2.63 per share. DA Davidson also issued estimates for Workday’s FY2026 earnings at $3.74 EPS, FY2027 earnings at $5.02 EPS and FY2027 earnings at $5.02 EPS.

Workday (NASDAQ:WDAY) last announced its quarterly earnings data on Tuesday, February 25th. The software maker reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.75 by ($1.27). The firm had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.18 billion. Workday had a return on equity of 6.13% and a net margin of 19.86%.

A number of other equities research analysts also recently weighed in on WDAY. BMO Capital Markets lifted their price target on Workday from $300.00 to $314.00 and gave the company an “outperform” rating in a research note on Thursday. Needham & Company LLC reissued a “buy” rating and set a $300.00 target price on shares of Workday in a research note on Wednesday. Oppenheimer raised their price target on shares of Workday from $300.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday. Canaccord Genuity Group lifted their price target on shares of Workday from $300.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday. Finally, JMP Securities reissued a “market outperform” rating and issued a $315.00 price objective on shares of Workday in a research note on Thursday, February 6th. Ten research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $302.14.

Workday Stock Performance

NASDAQ WDAY opened at $263.34 on Friday. Workday has a 1 year low of $199.81 and a 1 year high of $296.44. The firm has a market capitalization of $70.05 billion, a price-to-earnings ratio of 43.67, a P/E/G ratio of 3.55 and a beta of 1.35. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.35. The firm’s 50 day simple moving average is $259.69 and its 200 day simple moving average is $254.65.

Insiders Place Their Bets

In other Workday news, major shareholder David A. Duffield sold 57,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $275.31, for a total transaction of $15,692,670.00. Following the transaction, the insider now directly owns 284,000 shares in the company, valued at approximately $78,188,040. This represents a 16.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Carl M. Eschenbach sold 6,250 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $253.86, for a total transaction of $1,586,625.00. Following the sale, the chief executive officer now directly owns 13,972 shares of the company’s stock, valued at approximately $3,546,931.92. This trade represents a 30.91 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 433,321 shares of company stock worth $111,763,803. Company insiders own 20.00% of the company’s stock.

Institutional Investors Weigh In On Workday

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of Workday by 28.9% during the 4th quarter. Vanguard Group Inc. now owns 20,142,800 shares of the software maker’s stock worth $5,197,447,000 after purchasing an additional 4,517,272 shares in the last quarter. T. Rowe Price Investment Management Inc. acquired a new position in Workday during the 4th quarter worth approximately $658,735,000. Norges Bank bought a new position in Workday in the fourth quarter worth approximately $645,710,000. Parnassus Investments LLC grew its stake in Workday by 562.2% in the fourth quarter. Parnassus Investments LLC now owns 2,447,735 shares of the software maker’s stock valued at $631,589,000 after acquiring an additional 2,078,097 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Workday by 61.9% during the fourth quarter. Geode Capital Management LLC now owns 4,637,387 shares of the software maker’s stock valued at $1,193,105,000 after acquiring an additional 1,772,223 shares in the last quarter. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Workday Company Profile

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.