UBS Group Issues Pessimistic Forecast for Workday (NASDAQ:WDAY) Stock Price

Workday (NASDAQ:WDAY) had its price objective lowered by equities research analysts at UBS Group from $220.00 to $210.00 in a report released on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the software maker’s stock. UBS Group’s price target would suggest a potential upside of 13.41% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the company. Canaccord Genuity Group boosted their price objective on Workday from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. The Goldman Sachs Group boosted their target price on shares of Workday from $151.00 to $164.00 and gave the stock a “neutral” rating in a research report on Monday, August 31st. Robert W. Baird upped their target price on shares of Workday from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Wall Street Zen upgraded shares of Workday from a “hold” rating to a “buy” rating in a research report on Saturday, September 5th. Finally, Royal Bank Of Canada boosted their price objective on shares of Workday from $220.00 to $240.00 and gave the stock an “outperform” rating in a report on Friday, August 28th. Twenty equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Workday presently has a consensus rating of “Hold” and an average target price of $205.55.

Workday Stock Performance

Workday stock traded down $0.86 on Wednesday, reaching $185.16. 978,139 shares of the stock were exchanged, compared to its average volume of 4,682,465. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. Workday has a twelve month low of $110.36 and a twelve month high of $247.40. The firm has a fifty day moving average price of $190.66 and a two-hundred day moving average price of $152.46. The stock has a market cap of $44.62 billion, a PE ratio of 37.60, a PEG ratio of 1.89 and a beta of 1.07.

Workday (NASDAQ:WDAY) last issued its quarterly earnings results on Thursday, August 27th. The software maker reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.61 by $0.14. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.64 billion. Workday had a return on equity of 20.95% and a net margin of 12.32%. The firm’s revenue was up 12.8% compared to the same quarter last year. During the same period last year, the business posted $2.21 earnings per share. Sell-side analysts anticipate that Workday will post 5.33 EPS for the current year.

Insider Buying and Selling

In other Workday news, insider Gerrit S. Kazmaier sold 2,729 shares of Workday stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $187.28, for a total transaction of $511,087.12. Following the completion of the transaction, the insider directly owned 251,314 shares of the company’s stock, valued at approximately $47,066,085.92. This trade represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Enslin sold 5,374 shares of the business’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $187.00, for a total transaction of $1,004,938.00. Following the completion of the sale, the insider owned 226,233 shares in the company, valued at $42,305,571. This represents a 2.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 987,186 shares of company stock valued at $188,637,658. 18.64% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Workday

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CoreCap Advisors LLC lifted its holdings in Workday by 55.9% in the third quarter. CoreCap Advisors LLC now owns 173 shares of the software maker’s stock valued at $33,000 after buying an additional 62 shares during the period. Elevation Wealth Partners LLC grew its holdings in Workday by 21.8% during the 3rd quarter. Elevation Wealth Partners LLC now owns 481 shares of the software maker’s stock worth $92,000 after acquiring an additional 86 shares during the period. Baker Tilly Wealth Management LLC grew its holdings in Workday by 5.5% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 1,791 shares of the software maker’s stock worth $341,000 after acquiring an additional 93 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Workday by 10.6% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,004 shares of the software maker’s stock worth $123,000 after acquiring an additional 96 shares during the period. Finally, 180 Wealth Advisors LLC raised its position in shares of Workday by 5.6% in the 2nd quarter. 180 Wealth Advisors LLC now owns 1,960 shares of the software maker’s stock worth $240,000 after acquiring an additional 104 shares in the last quarter. 89.81% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday announced a partnership with Anthropic to connect Claude’s reasoning capabilities with Workday’s Sana agents, governed data, permissions and business rules. Customers will be able to retrieve information, complete tasks and approve actions through Claude or Sana, potentially strengthening Workday’s position in enterprise AI. Anthropic partnership announcement
• Positive Sentiment: The company introduced expanded Sana capabilities, Decision Intelligence, Work Intelligence and a headless Trusted Agent Platform. These offerings let customers automate workflows, analyze workforce and financial scenarios, and build governed AI agents while maintaining approvals and audit trails. Successful adoption could support customer retention and longer-term revenue growth. Workday investor day transcript
• Positive Sentiment: Workday agreed to acquire C1.ai, an agentic identity platform that manages access for employees and AI agents across enterprise systems. The transaction could expand Workday’s security and AI-governance capabilities, though financial terms and the earnings impact were not disclosed. C1.ai acquisition announcement
• Neutral Sentiment: Workday continues to forecast double-digit revenue growth, but investors remain disappointed by the pace of sales deceleration. The new AI initiatives may improve the outlook, although monetization could take time. Workday growth forecast
• Neutral Sentiment: Reports discussing Workday’s expanding AI platform and credit facility suggest the company is adding financial flexibility to support its strategy, but investors will monitor borrowing needs, execution and returns on AI-related investments. AI platform and credit facility analysis
• Negative Sentiment: Major shareholder David Duffield sold 99,835 WDAY shares for approximately $18.7 million, reducing his direct stake by 48.7%. The sale was made under a pre-arranged Rule 10b5-1 plan, which limits its signaling value, but its size may still weigh on sentiment. SEC insider sale filing

Workday Company Profile

Workday, Inc develops cloud-based enterprise software for managing an organization’s people, finances and operations. Its platform is primarily used by businesses, government agencies and educational institutions to support human resources, finance, planning, analytics and related administrative processes.

The company’s offerings include Workday Human Capital Management, Financial Management, Adaptive Planning, Spend Management, payroll, recruiting, talent management, learning and workforce analytics.