UBS Reiterates Buy on Workday (WDAY) Following Mixed 2Q Results

Brean Capital Raises Price Target on Workday (WDAY) to $62; Reiterates Sell

Brean Capital maintained a Sell rating on Workday (NYSE: WDAY), and raised the price target to $62.00 (from $55.00), following the company's 2Q earnings report. WDAY's F2Q billings grew 38%, beating Street growth estimates of 35%. Much of the billings upside was driven by strong sequential growth in short-term deferred revenue. Overall, Brean Capital believes that WDAY's business is benefiting from reacceleration in its core HCM business, solid execution in the international markets and solid traction for the... More

Jefferies Raises Price Target on Workday (WDAY) to $72 Following Mixed 2Q

Jefferies reiterated a Hold rating on Workday (NYSE: WDAY), and raised the price target to $72.00 (from $68.00), following the company's 2Q earnings report. Non-GAAP EPS of ($0.04) was below consensus of ($0.02) due to a one-time write-off which impacted EPS by $0.07. Total revenues of $377.7M were better than... More

Workday (WDAY) PT Raised to $110 at Drexel Hamilton Post Q2

Drexel Hamilton analyst Brian White reiterated a Buy rating and lifted his price target on Workday (NYSE: WDAY) to $110.00 (from $92.00) following better than expected 2Q results.

White commented, "Last night, Workday reported a better than expected 2Q:FY17 print with key... More

Workday (WDAY): Beat and Raise But Fully Valued - Cowen

Cowen analyst, Derrick Wood, reiterated his Market Perform rating on shares of Workday (NYSE: WDAY) after the company reported sub billings ~$3 mln ahead of his $356 mln est. FY17 billings guidance was raised by $5 mln as reduced capex guidance helped offset FCF dilution from the... More

Wedbush Reiterates Underperform on Workday (WDAY) Following Solid 2Q

Wedbush maintained an Underperform rating on Workday (NYSE: WDAY), and raised the price target to $69.00 (from $63.00), following the company's 2Q earnings report. WDAY reported a $5M revenue beat and strong billings.

Analyst Steve Koenig commented, "WDAY saw strong 2Q billings and a solid revenue beat stemming... More

Piper Jaffray Raises Price Target on Workday (WDAY) to $80.00 Following 2Q Report

Piper Jaffray reiterated a Neutral rating on Workday (NYSE: WDAY), and raised the price target to $80.00 (from $74.00), following the company's 2Q earnings report. Total Revenues were $377.7 million, above consensus at $372.2 million. Billings totaled $430.8 million, versus consensus at $420.7 million.

Analyst Alex Zukin commented, "Workday... More

Stock futures lower as countdown to Yellen speech begins

By Yashaswini Swamynathan

(Reuters) - U.S. stock index futures were slightly lower on Thursday, with investors on the sidelines as they wait for more clarity from the Federal Reserve its path to raise interest rates.

* Investors have been waiting for Fed Chair Janet Yellen's address at an annual meeting of global central bankers in Jackson Hole, Wyoming, for signals on the timing of the next rate hike.

* While traders have priced in a marginal chance of a hike when the Fed meets in September, Yellen's... More

Workday (WDAY): Good 2Q But Not Enough For Upgrade - Needham

Needham & Company analyst, Scott Berg, reiterated his Hold rating on shares of Workday (NYSE: WDAY) after 2Q17 results were largely in line with the analyst's expectations of a nominal billings beat.

However, outperformance remains on the lower end of historical ranges in... More

First Analysis Downgrades Workday (WDAY) to Equal Weight

First Analysis downgraded Workday (NYSE: WDAY) from Overweight to Equal Weight.

For an analyst ratings summary and ratings history on Workday click here. For more ratings news on Workday click here.

Shares of Workday closed at $79.65 yesterday.

After-Hours Stock Movers 08/24: (GES) (WDAY) (TLYS) Higher; (HPQ) Lower (more...)

Today's After-Hours Movers

Guess? (NYSE: GES) 15.1% HIGHER; reported Q2 EPS of $0.14, $0.07 better than the analyst estimate of $0.07. Revenue for the quarter came in at $545 million versus the consensus estimate of $550.53 million. GUIDANCE: Guess? sees FY2017 EPS of $0.62-$0.75, versus the consensus of $0.60.

Workday (NYSE: WDAY) 11.2% HIGHER; reported Q2 EPS of ($0.04), $0.02 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $377.7 million... More

Workday (WDAY) Misses Q2 EPS by 2c, Offers Q3 Guidance

Workday (NYSE: WDAY) reported Q2 EPS of ($0.04), $0.02 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $377.7 million versus the consensus estimate of $372.68 million.

Looking ahead, we anticipate third quarter subscription revenues to be within a range of $331 to $333... More

Drexel Hamilton Remains Bullish on Workday (WDAY) Ahead of 2Q Report

Drexel Hamilton reiterated a Buy rating and $92.00 price target on Workday (NYSE: WDAY) ahead of the company's 2Q earnings report. Workday will report its earnings results today (8/24) with a conference call scheduled for 5:00 pm ET.

Analyst Brian White commented, "We believe Workday... More

Workday (WDAY) August weekly volatility elevated into Q2 and outlook

Workday (NYSE: WDAY) August weekly call option implied volatility is at 102, September is at 50; compared to its 52-week range of 28 to 79 into the expected release of Q2 results on August 24.

Oppenheimer Remains Bullish on Workday (WDAY) Ahead of 2Q Report

Oppenheimer reiterated an Outperform rating on Workday (NYSE: WDAY), and raised the price target to $90.00 (from $80.00), ahead of the company's 2Q earnings report. Industry checks point to a relatively good US software spending environment which should support forecasts. Oppenheimer expects WDAY to report a total revenue of ~ $372M and ($0.03) in... More