Workday (WDAY) PT Lowered to $255 at DA Davidson

Go back to Workday (WDAY) PT Lowered to $255 at DA Davidson

Needham Reiterates Buy Rating on Workday (WDAY)

May 24, 2024 6:54 AM EDT

Needham analyst Scott Berg reiterated a Buy rating and $350.00 price target on Workday (NASDAQ: WDAY).

The analyst comments "Workday reported upside to 1QF25 revenue and earnings, but lengthening sales cycles and lower renewal growth led to in line cRPO growth in the quarter... More

Workday (WDAY) PT Lowered to $300 at BMO Capital

May 24, 2024 5:36 AM EDT

BMO Capital analyst Daniel Jester lowered the price target on Workday (NASDAQ: WDAY) to $300.00 (from $338.00) while maintaining a Outperform rating.

The analyst comments "First-quarter results showed upside on revenue and margin, but trends in the seasonally slower quarter indicate that near-term cRPO growth... More

Workday (WDAY) PT Lowered to $300 at Goldman Sachs

May 24, 2024 5:33 AM EDT

Goldman Sachs analyst Kash Rangan lowered the price target on Workday (NASDAQ: WDAY) to $300.00 (from $310.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and lower our PT to $300 ($310 prior) after Workday lowered FY25 subscription revenue guidance to 15.5% at the midpoint (17.5% prior) on the back of an in-line quarter. The stock is down 11% AH as investors weigh the first... More

Workday (WDAY) PT Lowered to $285 at JPMorgan

May 24, 2024 5:29 AM EDT

JPMorgan analyst Mark Murphy lowered the price target on Workday (NASDAQ: WDAY) to $285.00 (from $300.00) while maintaining a Overweight rating.

The analyst comments "We are optimistic on Workdays multi-year growth potential. Very large established markets and a strong cloud product supported by uniquely... More

Workday (WDAY) PT Lowered to $265 at Deutsche Bank

May 24, 2024 5:23 AM EDT

Deutsche Bank analyst Brad Zelnick lowered the price target on Workday (NASDAQ: WDAY) to $265.00 (from $300.00) while maintaining a Hold rating.

The analyst comments "Bottom line, we see Workday perpetuating its strong position in HCM with traction down market and encouraging signs of... More

Workday (WDAY) PT Lowered to $300 at Evercore ISI

May 24, 2024 5:05 AM EDT

Evercore ISI analyst Kirk Materne lowered the price target on Workday (NASDAQ: WDAY) to $300.00 (from $350.00) while maintaining a Outperform rating.

The analyst comments "While the ~50bps adjustment to FY25 subs revenue guide is being more than accounted for in the ~10% pullback in the aftermarket, Workday is likely heading to the penalty box until there is... More

Workday (WDAY) PT Lowered to $255 at UBS

May 24, 2024 5:00 AM EDT

UBS analyst Karl Keirstead lowered the price target on Workday (NASDAQ: WDAY) to $255.00 (from $280.00) while maintaining a Neutral rating.

The analyst comments "Workday posted a very disappointing 1Q/Apr print, marked by the disclosure of a worsening macro (greater deal scrutiny and... More

Workday (WDAY) PT Lowered to $300 at RBC Capital

May 24, 2024 4:58 AM EDT

RBC Capital analyst Rishi Jaluria lowered the price target on Workday (NASDAQ: WDAY) to $300.00 (from $310.00) while maintaining a Outperform rating.

The analyst comments "Workday reported a mixed quarter, leading shares down 11% after-hours. The main takeaway was Workday saw more large deal scrutiny and... More

Workday (WDAY) PT Lowered to $286 at Barclays

May 24, 2024 3:56 AM EDT

Barclays analyst Raimo Lenschow lowered the price target on Workday (NASDAQ: WDAY) to $286.00 (from $316.00) while maintaining a Overweight rating.... More

Workday (WDAY) PT Lowered to $275 at KeyBanc

May 24, 2024 12:06 AM EDT

(Updated - May 24, 2024 8:58 AM EDT)

KeyBanc analyst Jason Celino lowered the price target on Workday (NASDAQ: WDAY) to $275.00 (from $330.00) while maintaining a Overweight rating.

The analyst commented, "Workday posted better F1Q revenue but saw incremental macro challenges with slower than expected... More

After-hours movers: Ross Stores, Workday, Intuit, and Deckers

May 23, 2024 4:41 PM EDT

After-Hours Stock Movers:

Ross Stores (NASDAQ: ROST) rose 6% after the retailer issued first quarter EPS that beat consensus and raised full year guidance. First quarter sales were in line with guidance despite macroeconomic headwinds that continued to pressure customers... More

Workday cuts full-year subscription revenue forecast

May 23, 2024 4:29 PM EDT

(Reuters) - Human resources software provider Workday cut its annual subscription revenue forecast on Thursday, citing concerns about lower customer headcount growth as a hiring slowdown and IT budget cuts soften demand for its payroll services.

Shares of the Pleasanton, California-based company fell nearly 9% in extended trading.

A... More

Workday shares tumble 9% on cautious outlook

May 23, 2024 4:27 PM EDT

Workday (NASDAQ: WDAY) Inc. reported its first quarter earnings, surpassing analyst expectations with an adjusted EPS of $1.74, $0.15 higher than the consensus estimate of $1.59.


The company's revenue also exceeded forecasts, coming in at $1.99 billion against the anticipated $1.97 billion.


Despite these strong results, Workday's stock fell sharply by 9% following the release, as the company provided a cautious... More

Workday (WDAY) Tops Q1 EPS by 15c, Offers Outlook

May 23, 2024 4:04 PM EDT

Workday (NASDAQ: WDAY) reported Q1 EPS of $1.74, $0.15 better than the analyst estimate of $1.59. Revenue for the quarter came in at $1.99 billion versus the consensus estimate of $1.97 billion.

Financial Outlook

Workday is updating its guidance for the fiscal 2025 full year ending January 31, 2025 as... More

Workday (WDAY) call put ratio 2.4 calls to 1 put into quarter results

May 23, 2024 10:24 AM EDT

Workday (NASDAQ: WDAY) May weekly call option implied volatility is at 147, June is at 41; compared to its 52-week range of 22 to 52 into the expected release of quarter results today after the bell. Call put ratio 2.4 calls to 1 put.

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Workday (WDAY) May weekly 260 straddle priced into quarter results

May 23, 2024 4:45 AM EDT

Workday (NASDAQ: WDAY) May weekly 260 straddle priced for a move of 7% into the expected release of quarter results today after the bell.

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Workday (WDAY) May weekly option implied volatility into quarter results

May 22, 2024 11:12 AM EDT

Workday (NASDAQ: WDAY) May weekly call option implied volatility is at 123, June is at 40; compared to its 52-week range of 22 to 52 into the expected release of quarter results after the bell on May 23.

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Workday (WDAY) May weekly 260 straddle priced into quarter results

May 22, 2024 5:18 AM EDT

Workday (NASDAQ: WDAY) May weekly 260 straddle priced for a move of 7% into the expected release of quarter results after the bell on May 23.

... More