Workday (WDAY) Tops Q2 EPS by 9c, Beats on Revenues; Boosts FY18 Outlook

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Workday (WDAY) PT Raised to $117 at Oppenheimer; Reiterates Outperform

August 31, 2017 9:25 AM EDT

Oppenheimer raised its price target on Workday (NYSE: WDAY) to $117.00 (from $110.00) while maintaining a Outperform rating following the company's 2Q. Billings of $548M were ~$1.5M below consensus; total revenue of $525M was ~$18M above consensus; and PF EPS of $0.24 was $0.09 above... More

Workday (WDAY) PT Raised to $117 at BMO Capital on 2Q Report; 'Focus on Big Beat and Raise Story'

August 31, 2017 8:59 AM EDT

BMO Capital raised its price target on Workday (NYSE: WDAY) to $117.00 (from $110.00) while maintaining a Market Perform rating, following the company's second quarter earnings report.

Analyst Keith Bachman notes the company delivered second quarter earnings per share and revenue results above consensus projections... More

Workday (WDAY) PT Raised to $106 at Jefferies Following 2Q Release

August 31, 2017 7:59 AM EDT

Jefferies raised its price target on Workday (NYSE: WDAY) to $106.00 (from $92.00) while maintaining a Hold rating following the company's 2Q. Billings were just shy of expectations, as LT deferred revenue declined due to less upfront multi-year payments, which is expected to... More

Workday (WDAY) PT Raised to $116 at Mitsubishi UFJ, Positvely Revises EPS Estimates

August 31, 2017 5:46 AM EDT

Mitsubishi UFJ raised its price target on Workday (NYSE: WDAY) to $116.00 (from $106.00) while maintaining a Overweight rating.

Analyst Stephen Bersey likes the company's positioning to capture growth in the coming quarters. The analyst sees incremental upside from newer products, Planning and... More

Workday (WDAY) PT Raised to $114 at Goldman Sachs, Positively Revises EPS Estimates

August 31, 2017 5:17 AM EDT

Goldman Sachs raised its price target on Workday (NYSE: WDAY) to $114.00 (from $101.00) while maintaining a Neutral rating.

Analyst Heather Bellini says the Q2 report was "solid" citing the short-term billings acceleration. The analyst remains sidelined noting less cash is being collected up-front on... More

Workday (WDAY) PT Raised to $120 at Piper Jaffray

August 31, 2017 5:08 AM EDT

Piper Jaffray raised its price target on Workday (NYSE: WDAY) to $120.00 (from $115.00) while maintaining a Overweight rating.

Analyst Alex Zukin says the company should experience "enough runway to exceed conservative full-year targets" noting that the company now has nearly 30% of the Fortune 500 companies... More

Workday (WDAY) PT Raised to $125 at Canaccord Genuity, Positively Revises EPS Estimates

August 31, 2017 4:49 AM EDT

Canaccord Genuity raised its price target on Workday (NYSE: WDAY) to $125.00 (from $115.00) while maintaining a Buy rating.

Analyst Richard Davis says the sell-side is beginning to understand the positive story behind the company. The analyst says the questions on the conference "seemed... More

Workday (WDAY) PT Raised to $108 at Barclays

August 31, 2017 4:16 AM EDT

Barclays raised its price target on Workday (NYSE: WDAY) to $108.00 (from $90.00) while maintaining a Equalweight rating.

Analyst Raimo Lenschow says momentum continues in the name following a strong report on YoY subscription revenue growth. The analyst wants to await a better entry point while acknowledging the healthy LT story-line.

... More

Workday (WDAY) September weekly IV elevated at 102 as shares near record high into Q2

August 29, 2017 11:53 AM EDT

Workday (NYSE: WDAY) September weekly call option implied volatility is at 102, September is at 53; compared to its 52-week range of 24 to 48 into the expected release of Q2 on August 30.

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Workday (WDAY): Fundamentals Good But The Stock Isn't Cheap - Jefferies

August 29, 2017 7:58 AM EDT

Jefferies analyst, John DiFucci, reiterated his Hold rating on shares of Workday (NYSE: WDAY) but believes that that the company could report a strong F2Q after his checks suggest large HCM deal wins with marquee names and a HCM pipeline that... More

Workday (WDAY): Strong 2Q Checks, Expecting Upside to Billings - Needham

August 28, 2017 6:35 AM EDT

Needham & Company analyst, Scott Berg, reiterated his Hold rating on shares of Workday (NYSE: WDAY) after a round of industry checks highlighted strong enterprise deal flow leading the analyst to expect upside to upside to current 2Q billings and new ACV estimates. However, checks... More