Workday (WDAY) to Release Quarterly Earnings on Thursday

Workday (NASDAQ:WDAY) is projected to issue its Q2 2027 results after the market closes on Thursday, August 27th. Analysts expect Workday to post earnings of $2.61 per share and revenue of $2.6362 billion for the quarter. Investors may visit the the company’s upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Thursday, August 27, 2026 at 4:30 PM ET.

Workday Trading Down 2.4%

Shares of WDAY opened at $194.42 on Wednesday. Workday has a one year low of $110.36 and a one year high of $249.85. The stock has a 50-day moving average price of $153.04 and a 200 day moving average price of $139.92. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market capitalization of $48.02 billion, a P/E ratio of 60.76, a P/E/G ratio of 2.12 and a beta of 1.08.

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Canaccord Genuity raised its price target on Workday from $200 to $225 and maintained a “buy” rating, implying roughly 15.7% upside from the referenced price. Benzinga
• Positive Sentiment: Oppenheimer said Workday’s momentum in agentic artificial intelligence supports a favorable fiscal Q2 setup, reinforcing expectations that AI-related product expansion can aid growth. Workday’s Agentic AI Momentum Supports Favorable Fiscal Q2 Setup
• Positive Sentiment: Salary.com completed a Workday-approved integration that connects Workday Human Capital Management with compensation data and software, potentially improving the platform’s value to HR customers and partners. Salary.com Completes Workday Integration
• Positive Sentiment: Jefferies estimated approximately 20% upside if a potential strategic deal materializes, while other reports cited buyout speculation and Workday’s history of earnings beats as reasons for pre-earnings interest. Jefferies Workday Deal Upside
• Neutral Sentiment: A report described an options strategy offering an estimated 8.6% annualized income, indicating investor interest in generating yield from WDAY shares but not necessarily signaling a directional view. Paid-To-Hold Play on WDAY Stock
• Neutral Sentiment: The reported short-interest figures show zero shares and a zero-day short-interest ratio, with an invalid percentage change; the data appears unreliable and provides little usable trading insight.
• Negative Sentiment: Retail investors have reportedly reduced their holdings ahead of earnings, reflecting caution despite bullish analyst commentary. Workday Retail Investor Caution
• Negative Sentiment: Earnings previews identify higher costs, intense competition and cautious enterprise technology spending as risks to revenue growth and margins, making the upcoming report a key near-term catalyst. Workday Fiscal Q2 Earnings Preview

Insider Buying and Selling

In other Workday news, insider Robert Enslin sold 5,374 shares of the business’s stock in a transaction on Sunday, July 5th. The stock was sold at an average price of $134.90, for a total transaction of $724,952.60. Following the completion of the transaction, the insider owned 239,469 shares in the company, valued at approximately $32,304,368.10. The trade was a 2.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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, major shareholder David A. Duffield sold 107,500 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $122.04, for a total value of $13,119,300.00. Following the completion of the transaction, the insider directly owned 105,049 shares of the company’s stock, valued at approximately $12,820,179.96. The trade was a 50.58% 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. Insiders sold 875,020 shares of company stock valued at $113,938,503 in the last three months. 18.64% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Workday

A number of institutional investors and hedge funds have recently bought and sold shares of WDAY. Hotchkis & Wiley Capital Management LLC grew its stake in Workday by 47.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,842,491 shares of the software maker’s stock valued at $1,406,463,000 after acquiring an additional 1,882,391 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Workday by 41.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,761,599 shares of the software maker’s stock worth $905,530,000 after acquiring an additional 1,103,421 shares during the last quarter. Generation Investment Management LLP increased its stake in shares of Workday by 33.4% in the fourth quarter. Generation Investment Management LLP now owns 4,118,011 shares of the software maker’s stock worth $884,466,000 after acquiring an additional 1,030,616 shares during the last quarter. Amundi raised its holdings in shares of Workday by 61.5% during the third quarter. Amundi now owns 1,981,023 shares of the software maker’s stock worth $472,197,000 after acquiring an additional 754,313 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Workday by 415.6% during the second quarter. AQR Capital Management LLC now owns 675,148 shares of the software maker’s stock worth $162,036,000 after acquiring an additional 544,192 shares in the last quarter. Institutional investors own 89.81% of the company’s stock.

Analyst Ratings Changes

WDAY has been the subject of several research analyst reports. Wall Street Zen cut Workday from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. BTIG Research lowered shares of Workday from a “buy” rating to a “neutral” rating in a research note on Monday, August 17th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Workday in a report on Friday, August 14th. Lake Street Capital set a $205.00 price objective on shares of Workday in a research note on Friday, August 14th. Finally, Piper Sandler reissued a “neutral” rating and issued a $145.00 target price on shares of Workday in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $189.86.

About Workday

Workday, Inc (NASDAQ: WDAY) is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday’s platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company’s product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.