Zacks Research Predicts Workday’s Q1 Earnings (NASDAQ:WDAY)

Workday, Inc. (NASDAQ:WDAY) – Equities research analysts at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for Workday in a research report issued to clients and investors on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the software maker will earn $0.74 per share for the quarter, up from their prior forecast of $0.65. The consensus estimate for Workday’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Workday’s Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.91 EPS, Q4 2026 earnings at $0.95 EPS, FY2026 earnings at $3.41 EPS, Q1 2027 earnings at $0.90 EPS, Q2 2027 earnings at $1.13 EPS, FY2027 earnings at $4.64 EPS and FY2028 earnings at $5.36 EPS.

Workday (NASDAQ:WDAY) last issued 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). Workday had a net margin of 19.86% and a return on equity of 6.13%. The company had revenue of $2.21 billion during the quarter, compared to analysts’ expectations of $2.18 billion.

A number of other brokerages also recently issued reports on WDAY. BMO Capital Markets raised their price target on shares of Workday from $300.00 to $314.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Citigroup cut their target price on Workday from $287.00 to $270.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Deutsche Bank Aktiengesellschaft raised Workday from a “hold” rating to a “buy” rating and upped their price target for the company from $265.00 to $300.00 in a research note on Wednesday, January 8th. BNP Paribas raised Workday to a “strong-buy” rating in a research report on Friday, February 14th. Finally, Oppenheimer increased their target price on shares of Workday from $300.00 to $320.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 26th. Ten investment analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Workday presently has an average rating of “Moderate Buy” and an average price target of $300.36.

Workday Price Performance

Workday stock opened at $249.49 on Friday. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average price of $256.76 and a 200 day moving average price of $255.15. Workday has a 12-month low of $199.81 and a 12-month high of $294.00. The stock has a market cap of $66.36 billion, a P/E ratio of 41.37, a PEG ratio of 3.55 and a beta of 1.38.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Crews Bank & Trust purchased a new position in shares of Workday during the fourth quarter worth approximately $26,000. Roxbury Financial LLC purchased a new position in Workday during the 4th quarter worth $25,000. Avion Wealth grew its position in Workday by 452.6% during the 4th quarter. Avion Wealth now owns 105 shares of the software maker’s stock worth $27,000 after purchasing an additional 86 shares during the last quarter. TCTC Holdings LLC acquired a new position in Workday in the fourth quarter valued at $35,000. Finally, Meeder Asset Management Inc. raised its holdings in shares of Workday by 42.2% in the third quarter. Meeder Asset Management Inc. now owns 145 shares of the software maker’s stock valued at $35,000 after buying an additional 43 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Insider Transactions at Workday

In related news, CAO Mark S. Garfield sold 472 shares of Workday stock in a transaction on Monday, January 13th. The shares were sold at an average price of $248.24, for a total transaction of $117,169.28. Following the sale, the chief accounting officer now directly owns 35,408 shares in the company, valued at $8,789,681.92. This trade represents a 1.32 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Wayne A.I. Frederick sold 1,829 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $253.09, for a total transaction of $462,901.61. Following the completion of the transaction, the director now owns 6,845 shares of the company’s stock, valued at $1,732,401.05. This represents a 21.09 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 473,001 shares of company stock worth $120,614,400. 20.00% of the stock is currently owned by insiders.

About Workday

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.