When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
WDAY posts strong Q3 results as subscription revenues jump and AI-fueled demand drives broad customer growth.
Workday (WDAY) stock deserves a spot on your watchlist. Here is why – it is presently trading within the support zone ($204.57 – $226.11), a range from which it has rebounded significantly in the past.
The operator of a major online trading platform got a boost after announcing a joint venture to broaden its reach in prediction markets, while a soft growth outlook weighed on a human resources software firm.
Shares of Workday dropped as much as 10% on Wednesday as analysts lowered their price targets, citing a lack of a upside after the company revised its full-year subscription revenue forecast. Many software stocks have been under pressure in 2025 as commentators have worried that generative AI tools that can quickly write lines of code might pose risks to incumbents.
Workday stock falls after the company breezes past earnings and revenue estimates.
WDAY posts strong fiscal Q3 results as revenue and earnings beat estimates, driven by broad industry demand, new customer wins and rising subscription backlog.
Workday Inc (NASDAQ:WDAY) is down 7.6% to trade at $215.90, despite posting better-than-expected third-quarter results after Tuesday's close.
Workday Inc (NASDAQ:WDAY) shares slid 10.3% in early trading Wednesday, despite reporting stronger-than-expected quarterly earnings and revenue, as investors weighed concerns over the durability of growth in a slowing macroeconomic environment. The enterprise software company posted non-GAAP earnings per share of $2.32, beating analyst expectations by $0.15.
Workday, Inc. ( WDAY ) Q3 2026 Earnings Call November 25, 2025 4:30 PM EST Company Participants Justin Furby - Vice President of Investor Relations Carl Eschenbach - CEO & Director Zane Rowe - Chief Financial Officer Gerrit Kazmaier - President of Product & Technology Conference Call Participants Mark Murphy - JPMorgan Chase & Co, Research Division S. Kirk Materne - Evercore ISI Institutional Equities, Research Division Keith Weiss - Morgan Stanley, Research Division Michael Turrin - Wells Fargo Securities, LLC, Research Division Brent Thill - Jefferies LLC, Research Division Karl Keirstead - UBS Investment Bank, Research Division Bradley Sills - BofA Securities, Research Division Brad Zelnick - Deutsche Bank AG, Research Division Aleksandr Zukin - Wolfe Research, LLC Raimo Lenschow - Barclays Bank PLC, Research Division Kasthuri Rangan - Goldman Sachs Group, Inc., Research Division Presentation Operator Welcome to Workday's Third Quarter Fiscal Year 2026 Earnings Call.
Workday reported third-quarter subscription revenue in line with Wall Street estimates on Tuesday, signaling softer demand and sending its shares down nearly 7% in extended trading.
While the top- and bottom-line numbers for Workday (WDAY) give a sense of how the business performed in the quarter ended October 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.