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NASDAQ:WDAY
This summary was created by AI, based on 6 opinions in the last 12 months.
Workday (WDAY) remains a stock under scrutiny as it grapples with substantial market challenges and heightened competition in the software space. While the company's recent performance has been mixed, with an eye-catching rally of 5% recently attributed to broader software market trends, experts express skepticism about the sustainability of this rally given previous trends where gains faded quickly. The company faces significant pressures, including a staggering 40% decline in Q1, alongside the resignation of its CEO, which has left investors feeling uneasy. Despite these challenges, forecasts predict earnings growth of 18% this year, coupled with a relatively low price-to-earnings ratio, suggesting there might be some value present. However, concerns regarding AI displacement and aggressive competition continue to loom large over Workday’s outlook.
Project management in the cloud. Skewed to accounting and HR (aka Human Capital Management). Interestingly, each of the Magnificent 7 has Workday's HCM software. Best in class for human resources. In both categories, bringing on generative AI add-ons to automate routine tasks. No dividend.
(Analysts’ price target is $315.38)Workday is a American stock, trading under the symbol WDAY (previously WDAY-Q on Stockchase) on the NASDAQ (WDAY). It is usually referred to as NASDAQ:WDAY or WDAY
In the last year, 6 stock analysts issued a Buy, Sell, or Hold rating on WDAY (previously WDAY-Q on Stockchase). 3 analysts recommended to BUY and 3 analysts recommended to SELL the stock. The latest stock analyst rating is BUY. Read the latest stock experts' ratings for Workday.
Workday was recommended as a Top Pick by Shannon Saccocia, CIO, Boston Private on 2022-09-09. Read the latest stock experts ratings for Workday.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Workday.
Workday is followed by 36 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-15, Workday (WDAY) stock closed at a price of $129.62.
They report Thursday. It's the poster boy of AI displacement, but he doesn't expect bad numbers. Rallied 5% today as part of a software rally. Not sure if the rally will last, because previous software rallies faded after a few days.