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Workday beat first-quarter sales and earnings estimates while guiding second-quarter subscription revenue slightly above expectations.
Analysts at Needham lowered their price target for Workday to $180 from $300, while keeping a ‘Buy’ rating on the stock.
Investing.com -- Workday on Thursday reported fiscal first-quarter results that exceeded analyst expectations, helped by strong demand for its AI-powered finance and human resources software services.
Workday (WDAY) delivered earnings and revenue surprises of +6.94% and +0.99%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Workday stock climbed after the enterprise software maker reported Q1 earnings that beat estimates amid Wall Street's lowered expectations.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.74%. June E-mini S&P futures (ESM26 ) are up +0.77%, and June E-mini Nasdaq futures...