Q1 Earnings Estimate for Workday Issued By William Blair

Workday, Inc. (NASDAQ:WDAY) – Equities research analysts at William Blair issued their Q1 2027 earnings estimates for shares of Workday in a research note issued to investors on Wednesday, February 26th. William Blair analyst J. Roberge forecasts that the software maker will earn $1.01 per share for the quarter. The consensus estimate for Workday’s current full-year earnings is $2.63 per share. William Blair also issued estimates for Workday’s Q1 2027 earnings at $1.01 EPS, Q2 2027 earnings at $1.26 EPS, Q3 2027 earnings at $1.31 EPS, Q3 2027 earnings at $1.31 EPS, Q4 2027 earnings at $1.41 EPS, Q4 2027 earnings at $1.41 EPS, FY2027 earnings at $4.99 EPS and FY2027 earnings at $4.99 EPS.

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

A number of other equities analysts have also weighed in on WDAY. UBS Group upped their target price on shares of Workday from $255.00 to $285.00 and gave the stock a “neutral” rating in a research report on Wednesday. JPMorgan Chase & Co. raised their price target on shares of Workday from $285.00 to $310.00 and gave the company an “overweight” rating in a report on Wednesday. Guggenheim reiterated a “neutral” rating on shares of Workday in a research note on Wednesday. Morgan Stanley lowered Workday from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $330.00 to $275.00 in a research report on Wednesday, February 19th. Finally, Redburn Atlantic began coverage on shares of Workday in a research note on Wednesday, February 19th. They set a “neutral” rating for the company. Ten equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $302.14.

Workday Trading Down 3.9 %

Shares of NASDAQ:WDAY opened at $260.57 on Friday. The company has a market cap of $69.31 billion, a P/E ratio of 43.21, a PEG ratio of 3.55 and a beta of 1.35. Workday has a 1 year low of $199.81 and a 1 year high of $298.50. 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 stock’s fifty day moving average price is $259.89 and its 200-day moving average price is $254.28.

Institutional Investors Weigh In On Workday

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in 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 stake in Workday in the 4th quarter valued at approximately $658,735,000. Norges Bank bought a new position in shares of Workday during the 4th quarter valued at about $645,710,000. Parnassus Investments LLC grew its holdings in shares of Workday by 562.2% during the 4th 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 in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Workday by 61.9% in 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 purchasing an additional 1,772,223 shares during the period. 89.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Workday news, CAO Mark S. Garfield sold 472 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $248.24, for a total transaction of $117,169.28. Following the sale, the chief accounting officer now owns 35,408 shares of the company’s stock, valued at approximately $8,789,681.92. The trade was a 1.32 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder David A. Duffield sold 56,000 shares of the stock in a transaction on Monday, January 13th. The stock was sold at an average price of $246.42, for a total transaction of $13,799,520.00. Following the completion of the sale, the insider now owns 60,000 shares in the company, valued at $14,785,200. The trade was a 48.28 % 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 valued at $111,763,803. Company insiders own 20.00% of the company’s stock.

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.