Workday Announces Fiscal 2022 Second Quarter Financial Results

Workday (WDAY) PT Raised to $295 at Piper Sandler

Piper Sandler analyst Brent Bracelin raised the price target on Workday (NASDAQ: WDAY) to $295.00 (from $285.00) while maintaining an Overweight rating.

The analyst commented, "Solid Q2 results despite a tough comparison reinforces our confidence that secular drivers tied to modernizing work are beginning to... More

Workday (WDAY) Gains on a Beat-and-Raise Quarter, Analysts Positive

Shares of Workday (NASDAQ: WDAY) are up more than 7% in pre-open Friday after the company delivered better-than-expected Q2 results.

WDAY said it made Q2 EPS of $1.23 to easily top the analyst estimate of $0.78. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.24 billion.

This quarter was one of our strongest in company history. Our customer community has grown to more than 55 million users and more than half of the Fortune 500 have selected Workday, said Aneel Bhusri, co-founder, co-CEO, and chairman, Workday.

We delivered an incredibly strong Q2, driven by... More

Workday (WDAY) PT Raised to $290 at Mizuho Securities

Mizuho Securities analyst Siti Panigrahi raised the price target on Workday (NASDAQ: WDAY) to $290.00 (from $270.00) while maintaining a Buy rating.

The analyst commented, "Workday's FQ2 results reflected the eagerly awaited resumption of enterprise back-office spending, reversing last quarter's slight disappointment and... More

Workday (WDAY) PT Raised to $260 at Cowen

Cowen analyst J. Derrick Wood raised the price target on Workday (NASDAQ: WDAY) to $260.00 (from $250.00) while maintaining a Market Perform rating.

The analyst commented, "2Q sub bookings growth of 18% topped our 13% est as broad-based strength led to an acceleration in net new ACV, with... More