Q1 Earnings Forecast for Workday Issued By William Blair

Workday, Inc. (NASDAQ:WDAY) – Equities researchers at William Blair issued their Q1 2027 earnings per share estimates for Workday in a research report issued to clients and investors on Wednesday, February 26th. William Blair analyst J. Roberge forecasts that the software maker will earn $1.01 per share for the quarter. The consensus estimate for Workday’s current full-year earnings is $2.63 per share. William Blair also issued estimates for Workday’s Q1 2027 earnings at $1.01 EPS, Q2 2027 earnings at $1.26 EPS, Q3 2027 earnings at $1.31 EPS, Q3 2027 earnings at $1.31 EPS, Q4 2027 earnings at $1.41 EPS, Q4 2027 earnings at $1.41 EPS, FY2027 earnings at $4.99 EPS and FY2027 earnings at $4.99 EPS.

A number of other research analysts have also recently commented on WDAY. Guggenheim reaffirmed a “neutral” rating on shares of Workday in a research note on Wednesday. Piper Sandler lifted their price target on Workday from $270.00 to $290.00 and gave the company a “neutral” rating in a report on Wednesday. Loop Capital boosted their price objective on shares of Workday from $242.00 to $260.00 and gave the stock a “hold” rating in a research note on Wednesday, February 19th. UBS Group increased their price target on Workday from $255.00 to $285.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, Morgan Stanley lowered shares of Workday from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $330.00 to $275.00 in a research report on Wednesday, February 19th. Ten research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $302.14.

Workday Stock Up 1.1 %

NASDAQ WDAY opened at $263.34 on Friday. The firm has a market capitalization of $70.05 billion, a price-to-earnings ratio of 43.67, a PEG ratio of 3.55 and a beta of 1.35. Workday has a 52 week low of $199.81 and a 52 week high of $294.00. The company has a fifty day moving average of $259.69 and a two-hundred day moving average of $254.92. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.35.

Workday (NASDAQ:WDAY) last announced its earnings results on Tuesday, February 25th. The software maker reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($1.27). The business had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.18 billion. Workday had a net margin of 19.86% and a return on equity of 6.13%.

Insider Buying and Selling

In other Workday news, Director Wayne A.I. Frederick sold 1,829 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $253.09, for a total value of $462,901.61. Following the transaction, the director now directly owns 6,845 shares of the company’s stock, valued at $1,732,401.05. This trade represents a 21.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder David A. Duffield sold 70,090 shares of the business’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $254.53, for a total value of $17,840,007.70. Following the transaction, the insider now owns 102,997 shares in the company, valued at approximately $26,215,826.41. This represents a 40.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 433,321 shares of company stock worth $111,763,803. Insiders own 20.00% of the company’s stock.

Hedge Funds Weigh In On Workday

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of Workday by 28.9% during the 4th quarter. Vanguard Group Inc. now owns 20,142,800 shares of the software maker’s stock worth $5,197,447,000 after acquiring an additional 4,517,272 shares during the period. Janus Henderson Group PLC raised its stake in Workday by 10.7% during the third quarter. Janus Henderson Group PLC now owns 4,985,131 shares of the software maker’s stock worth $1,218,415,000 after purchasing an additional 480,459 shares during the period. State Street Corp boosted its holdings in Workday by 1.4% in the 3rd quarter. State Street Corp now owns 4,842,729 shares of the software maker’s stock valued at $1,183,611,000 after purchasing an additional 67,380 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Workday by 61.9% in the 4th quarter. Geode Capital Management LLC now owns 4,637,387 shares of the software maker’s stock valued at $1,193,105,000 after buying an additional 1,772,223 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Workday by 60.7% in the 4th quarter. The Manufacturers Life Insurance Company now owns 3,722,255 shares of the software maker’s stock valued at $960,454,000 after buying an additional 1,406,088 shares during the period. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday Company Profile

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.