Zacks Research Estimates Workday’s Q1 Earnings (NASDAQ:WDAY)

Workday, Inc. (NASDAQ:WDAY) – Equities research analysts at Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for Workday in a note issued to investors on Tuesday, March 18th. Zacks Research analyst R. Department now anticipates that the software maker will earn $0.74 per share for the quarter, up from their previous estimate of $0.65. The consensus estimate for Workday’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Workday’s Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.91 EPS, Q4 2026 earnings at $0.95 EPS, FY2026 earnings at $3.41 EPS, Q1 2027 earnings at $0.90 EPS, Q2 2027 earnings at $1.13 EPS, FY2027 earnings at $4.64 EPS and FY2028 earnings at $5.36 EPS.

Several other brokerages also recently issued reports on WDAY. Deutsche Bank Aktiengesellschaft raised shares of Workday from a “hold” rating to a “buy” rating and boosted their target price for the company from $265.00 to $300.00 in a research note on Wednesday, January 8th. JPMorgan Chase & Co. increased their price objective on Workday from $285.00 to $310.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Canaccord Genuity Group lifted their target price on Workday from $300.00 to $330.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Redburn Atlantic began coverage on Workday in a report on Wednesday, February 19th. They issued a “neutral” rating on the stock. Finally, Scotiabank decreased their price target on shares of Workday from $355.00 to $305.00 and set a “sector outperform” rating for the company in a report on Monday. Ten equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $300.36.

Workday Stock Down 0.8 %

WDAY stock opened at $250.47 on Friday. The company’s 50 day simple moving average is $256.76 and its 200-day simple moving average is $255.24. Workday has a 52-week low of $199.81 and a 52-week high of $294.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.05 and a quick ratio of 2.05. The firm has a market capitalization of $66.63 billion, a P/E ratio of 41.54, a P/E/G ratio of 3.55 and a beta of 1.38.

Workday (NASDAQ:WDAY) last announced its earnings results 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). Workday had a return on equity of 6.13% and a net margin of 19.86%. The company had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.18 billion.

Hedge Funds Weigh In On Workday

A number of large investors have recently modified their holdings of WDAY. Crews Bank & Trust acquired a new position in shares of Workday during the fourth quarter valued at $26,000. Roxbury Financial LLC acquired a new position in Workday in the fourth quarter valued at approximately $25,000. Avion Wealth boosted its stake in Workday by 452.6% in the fourth quarter. Avion Wealth now owns 105 shares of the software maker’s stock valued at $27,000 after acquiring an additional 86 shares during the last quarter. TCTC Holdings LLC acquired a new stake in Workday during the 4th quarter worth $35,000. Finally, Meeder Asset Management Inc. grew its holdings in Workday by 42.2% during the 3rd quarter. Meeder Asset Management Inc. now owns 145 shares of the software maker’s stock worth $35,000 after acquiring an additional 43 shares during the period. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Workday

In other Workday news, major shareholder David A. Duffield sold 71,672 shares of the company’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $248.58, for a total value of $17,816,225.76. Following the sale, the insider now directly owns 102,997 shares in the company, valued at $25,602,994.26. This represents a 41.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Richard Harry Sauer sold 3,677 shares of Workday stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $251.90, for a total value of $926,236.30. Following the transaction, the insider now directly owns 79,576 shares of the company’s stock, valued at approximately $20,045,194.40. The trade was a 4.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 473,001 shares of company stock valued at $120,614,400 over the last quarter. 20.00% of the stock is owned by company insiders.

About Workday

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.