Workday, a pure play enterprise SaaS company, recently became GAAP profitable and has been FCF positive since 2016, marking a new growth phase. The company targets Fortune 500 clients, boasting a sticky product with low market share risk and impressive customer retention. While bullish on Workday's fundamentals, I recommend adding the stock to the watchlist due to its high current valuation.
Shares of Workday and Lowe's have gained in recent sessions on the back of their strong financial updates, but a market veteran sees significant further upside in both. Matt Maley – the chief market strategist at Miller Tabak shared his bullish view on WDAY and LOW in an interview with CNBC this week.
Carl Eschenbach, Workday CEO, joins 'Squawk on the Street' to discuss company shares popping on earnings beat, AI opportunity and layoffs.
WDAY reports higher revenues year over year in the fiscal fourth quarter, backed by multiple customer wins in several end markets.
Shares of Workday Inc WDAY were climbing in early trading on Wednesday after the company reported upbeat fourth-quarter results.
Workday Inc (NASDAQ:WDAY) stock is up 7.8% at $275.15, after the software name posted fourth-quarter earnings of $1.92 per share on revenue of $2.21 billion, beating estimates of $1.78 on $2.18 billion.
Shares of Workday (WDAY) are surging more than 10% in premarket trading Wednesday, a day after the human resource and finance software maker's fiscal 2025 fourth-quarter results topped analysts' estimates.
Workday's strong FY26 outlook and minimal deceleration in subscription revenue growth have sparked renewed investor optimism, leading to a post-earnings rally. I'm upgrading WDAY stock to a neutral rating based on the improvement in its growth trajectory for FY26. The company is also slicing down 8.5% of its headcount and automating functions with AI, which is expected to produce significant operating margin gains this year.
Although the revenue and EPS for Workday (WDAY) give a sense of how its business performed in the quarter ended January 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Workday (WDAY) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $1.57 per share a year ago.
Workday (WDAY -2.52%), a leader in enterprise cloud applications for finance and human resources, reported its fourth-quarter results for fiscal 2025 on Feb. 25. The company exceeded analyst expectations with a non-GAAP earnings per share (EPS) of $1.92 compared to an anticipated $1.78.
Workday's stock has fallen over the past year but one analyst thinks it's poised for a rebound