KeyBanc Reiterates Overweight Rating on Workday (WDAY)

KeyBanc analyst Jason Celino reiterated an Overweight rating and $330.00 price target on Workday (NASDAQ: WDAY).

The analyst commented, "Heading into WDAY's F1Q25 earnings (5/23), we believe investors will be keenly focused on "MI" (Macro, International). Thus far, C1Q earnings season across broader enterprise software and HCM has been mixed, with macro factors limiting growth upside, hence we expect a more in line cRPO result. That said, International has been a nice bright spot over the last two quarters, and following some pricing and packaging adjustments, could see another quarter of potential acceleration, and which could offset any macro weakness or provide incremental upside. Net, we head into Workday's print cautiously positive."

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 $256.57 yesterday.

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