Q1 Earnings Forecast for Workday Issued By William Blair

Workday, Inc. (NASDAQ:WDAY) – William Blair issued their Q1 2027 earnings per share (EPS) estimates for Workday in a report released 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.

Workday (NASDAQ:WDAY) last announced its quarterly earnings data 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 firm had revenue of $2.21 billion during the quarter, compared to analyst estimates of $2.18 billion.

Other equities analysts have also recently issued research reports about the company. Redburn Atlantic assumed coverage on Workday in a research report on Wednesday, February 19th. They set a “neutral” rating on the stock. BNP Paribas raised Workday to a “strong-buy” rating in a report on Friday, February 14th. Scotiabank raised their target price on Workday from $340.00 to $355.00 and gave the company a “sector outperform” rating in a report on Thursday. Stifel Nicolaus upped their price target on shares of Workday from $270.00 to $310.00 and gave the stock a “hold” rating in a research note on Wednesday. Finally, StockNews.com cut shares of Workday from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Ten equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $302.14.

Workday Trading Up 1.1 %

Shares of Workday stock opened at $263.34 on Friday. The firm has a market cap of $70.05 billion, a price-to-earnings ratio of 43.67, a price-to-earnings-growth 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 $296.44. The company’s 50-day simple moving average is $259.69 and its 200-day simple moving average is $254.65. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.35.

Insider Buying and Selling

In other Workday news, CAO Mark S. Garfield sold 472 shares of the firm’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $248.24, for a total value of $117,169.28. Following the sale, the chief accounting officer now directly owns 35,408 shares of the company’s stock, valued at approximately $8,789,681.92. This trade represents a 1.32 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder David A. Duffield sold 70,003 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $251.20, for a total transaction of $17,584,753.60. Following the transaction, the insider now directly owns 102,997 shares of the company’s stock, valued at approximately $25,872,846.40. This represents a 40.46 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 433,321 shares of company stock worth $111,763,803. 20.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Workday

Institutional investors have recently bought and sold shares of the stock. Integrated Advisors Network LLC grew its stake in shares of Workday by 48.2% during the 3rd quarter. Integrated Advisors Network LLC now owns 1,787 shares of the software maker’s stock valued at $437,000 after buying an additional 581 shares during the period. First Trust Direct Indexing L.P. grew its position in Workday by 36.7% during the third quarter. First Trust Direct Indexing L.P. now owns 3,667 shares of the software maker’s stock valued at $896,000 after acquiring an additional 984 shares during the period. Palumbo Wealth Management LLC increased its stake in Workday by 12.1% during the third quarter. Palumbo Wealth Management LLC now owns 1,115 shares of the software maker’s stock worth $273,000 after acquiring an additional 120 shares during the last quarter. US Bancorp DE raised its holdings in shares of Workday by 1.0% in the 3rd quarter. US Bancorp DE now owns 94,308 shares of the software maker’s stock worth $23,050,000 after purchasing an additional 947 shares during the period. Finally, AustralianSuper Pty Ltd lifted its stake in shares of Workday by 18.7% in the 3rd quarter. AustralianSuper Pty Ltd now owns 5,211 shares of the software maker’s stock valued at $1,274,000 after purchasing an additional 822 shares in the last quarter. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

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.