Form 8-K Workday, Inc. For: Aug 22

Go back to Form 8-K Workday, Inc. For: Aug 22

Needham Reiterates Buy Rating on Workday (WDAY)

August 23, 2024 9:53 AM UTC

Needham analyst Scott Berg reiterated a Buy rating and $350.00 price target on Workday (NASDAQ: WDAY).

The analyst comments "WDAY reported upside to revenue and EPS but only maintained their full-year subscription guide on continuing macro headwinds. Sales commentary was sluggish with a... More

Workday (WDAY) PT Raised to $255 at Loop Capital

August 23, 2024 7:46 AM UTC

Loop Capital analyst Yun Kim raised the price target on Workday (NASDAQ: WDAY) to $255.00 (from $240.00) while maintaining a Hold rating.

The analyst comments "WDAY is the latest software company to emerge as the margin expansion story, acknowledging that its medium-term growth potential has peaked. The company now expects its annual subscription revenue growth to... More

Workday (WDAY) PT Raised to $275 at Deutsche Bank

August 23, 2024 5:39 AM UTC

Deutsche Bank analyst Brad Zelnick raised the price target on Workday (NASDAQ: WDAY) to $275.00 (from $265.00) while maintaining a Hold rating.

The analyst comments "Workday delivered broadly in-line F2Q results and F3Q/FY25 guidance which were overshadowed by updated mid-term targets, slightly lowering Subscription revenue growth to 15% and importantly raising operating margins to 30% by... More

Workday (WDAY) PT Raised to $300 at Wells Fargo

August 23, 2024 5:37 AM UTC

Wells Fargo analyst Michael Turrin raised the price target on Workday (NASDAQ: WDAY) to $300.00 (from $260.00) while maintaining a Overweight rating.

The analyst comments "WDAY's FQ2 pre-empted what we were expecting at Rising a marked shift in tone toward delivering more margin & revised MT... More

BMO Capital Reiterates Outperform Rating on Workday (WDAY)

August 23, 2024 5:34 AM UTC

BMO Capital analyst Daniel Jester reiterated an Outperform rating and $300.00 price target on Workday (NASDAQ: WDAY).

The analyst comments "We think Workdays new FY27 EBIT target (30% from >25%) more than offsets current growth worries as the company navigates an ongoing softer macro... More

Workday (WDAY) PT Raised to $310 at BofA Securities

August 23, 2024 5:31 AM UTC

BofA Securities analyst Brad Sills raised the price target on Workday (NASDAQ: WDAY) to $310.00 (from $265.00) while maintaining a Buy rating.

The analyst comments "Q2 represents a turning point in Workdays journey toward balanced growth, in our view. A strong FY27 margin raise to 30%... More

Workday (WDAY) PT Raised to $350 at Jefferies

August 23, 2024 5:25 AM UTC

Jefferies analyst Brent Thill raised the price target on Workday (NASDAQ: WDAY) to $350.00 (from $330.00) while maintaining a Buy rating.

The analyst comments "WDAY delivered a narrow beat as CRPO growth of 16% came in slightly ahead of the Street at 15.6% as the macro environment... More

Workday (WDAY) PT Raised to $310 at Evercore ISI

August 23, 2024 5:08 AM UTC

Evercore ISI analyst Kirk Materne raised the price target on Workday (NASDAQ: WDAY) to $310.00 (from $290.00) while maintaining a Outperform rating.

The analyst comments "Bottom line: While the F2Q results were solid, the bigger news on the F2Q call is Workday shifting its mid-term guidance towards mid-teens revenue growth (from upper teens) but... More

Workday (WDAY) PT Raised to $270 at DA Davidson

August 23, 2024 5:06 AM UTC

DA Davidson analyst Gil Luria raised the price target on Workday (NASDAQ: WDAY) to $270.00 (from $255.00) while maintaining a Neutral rating.

The analyst comments "F2Q25 was slightly better than expected while the focal point for investors was the updated midterm outlook which outlines... More

Workday (WDAY) PT Raised to $274 at Citi

August 23, 2024 5:00 AM UTC

Citi analyst Steven Enders raised the price target on Workday (NASDAQ: WDAY) to $274.00 (from $255.00) while maintaining a Neutral rating.

The analyst comments "WDAY reported a skinny beat and a maintained FY sub rev guide with a +25bps raise to the FY OM... More