Workday Announces Fiscal 2018 First Quarter Financial Results

Workday (WDAY) PT Raised to $122 at Drexel Hamilton; Reiterates Buy

Drexel Hamilton raised its price target on Workday (NYSE: WDAY) to $122.00 (from $114.00) while maintaining a Buy rating. Workday reported 1Q sales of $479.9 million that beat the Street's $468.1 million estimate. Pro forma EPS of $0.29 exceeded the Street's $0.16 estimate.

Overall, analyst Brian White is very pleased... More

Workday (WDAY) PT Raised to $95 at Deutsche Bank; Reiterates Hold

Deutsche Bank raised its price target on Workday (NYSE: WDAY) to $95.00 (from $85.00) while maintaining a Hold rating.

Billings growth of 23% to $459m was in-line with the Street, total revenues of $480m beat the $468m high end of guidance and OM of 12.7% was well above 9.1% estimates.

Workday (WDAY) PT Raised to $92 at Jefferies Following 1Q

Jefferies raised its price target on Workday (NYSE: WDAY) to $92.00 (from $84.00) while maintaining a Hold rating. WDAY's 1Q Non-GAAP EPS of $0.29 was above the Street estimate of $0.16, while total revenue of $479.9M and subscription revenue of $399.7M were also better than Street estimates of... More

Workday (WDAY) PT Raised to $101 at Wedbush Following 1Q Beat and Raise

Wedbush raised its price target on Workday (NYSE: WDAY) to $101.00 (from $96.00) while maintaining a Neutral rating. WDAY's strong 1Q was consistent with integrator checks, which pointed to robust activity levels and pipelines. 1Q18 revenue of $480M was $16M above consensus and EPS of $0.29... More

Workday (WDAY) PT Raised to $93 at Cowen Following 1Q

Cowen raised its price target on Workday (NYSE: WDAY) to $93.00 (from $83.00) while maintaining a Market Perform rating. WDAY delivered a good quarter, driven by continued strength in core HCM, particularly in retail and international. WDAY reported total 1Q billings of $459 mln, up 23%... More

Workday (WDAY) PT Raised to $92 at Stifel; Following Solid 1Q

Stifel raised its price target on Workday (NYSE: WDAY) to $92.00 (from $80.00) while maintaining a Hold rating. Workday delivered 1Q EPS of $0.29, well above $0.16 estimates. Revenue of $479.9M came in ahead of $467.2M estimate. The majority of this top-line beat was driven by subscription... More

Workday (WDAY) Tops Q1 EPS by 13c, Comments on Outlook

Workday (NYSE: WDAY) reported Q1 EPS of $0.29, $0.13 better than the analyst estimate of $0.16. Revenue for the quarter came in at $479.9 million versus the consensus estimate of $467.33 million.

"Our fiscal 2018 got off to a great start as we delivered strong top-line growth, and record... More