Workday (NASDAQ:WDAY) Downgraded by Mizuho to Hold

Posted by Donna Armstrong on Feb 25th, 2026

Workday (NASDAQ:WDAY – Get Free Report) was downgraded by equities research analysts at Mizuho from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other research firms also recently issued reports on WDAY. Stifel Nicolaus set a $175.00 target price on Workday in a research report on Monday, February 9th. Guggenheim reaffirmed a “buy” rating and set a $285.00 target price on shares of Workday in a report on Wednesday, February 18th. Jefferies Financial Group lowered shares of Workday from a “buy” rating to a “hold” rating and decreased their target price for the company from $325.00 to $150.00 in a report on Monday. Zacks Research cut Workday from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Finally, Royal Bank Of Canada decreased their target price on shares of Workday from $320.00 to $300.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $240.25.

Check Out Our Latest Stock Analysis on Workday

Workday Trading Up 0.8%

WDAY opened at $130.23 on Monday. The firm has a 50 day simple moving average of $184.46 and a 200 day simple moving average of $213.51. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.83 and a quick ratio of 1.83. Workday has a fifty-two week low of $125.83 and a fifty-two week high of $281.00. The company has a market cap of $34.25 billion, a price-to-earnings ratio of 54.72, a price-to-earnings-growth ratio of 1.11 and a beta of 1.13.

Workday (NASDAQ:WDAY – Get Free Report) last issued its earnings results on Tuesday, February 24th. The software maker reported $2.47 EPS for the quarter, beating the consensus estimate of $2.32 by $0.15. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Workday had a net margin of 6.95% and a return on equity of 10.50%. The business’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.92 earnings per share. On average, sell-side analysts anticipate that Workday will post 2.63 earnings per share for the current year.

Insider Buying and Selling at Workday

In other news, CAO Mark S. Garfield sold 953 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $209.56, for a total value of $199,710.68. Following the transaction, the chief accounting officer owned 35,336 shares in the company, valued at $7,405,012.16. The trade was a 2.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Gerrit S. Kazmaier sold 3,759 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $208.73, for a total value of $784,616.07. Following the completion of the transaction, the insider owned 105,167 shares of the company’s stock, valued at $21,951,507.91. This trade represents a 3.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 370,321 shares of company stock valued at $78,866,401 in the last three months. Insiders own 20.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. purchased a new position in Workday in the second quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Workday in the third quarter worth $26,000. DT Investment Partners LLC bought a new position in shares of Workday in the fourth quarter worth approximately $27,000. LRI Investments LLC bought a new position in Workday in the fourth quarter valued at $29,000. Finally, JPL Wealth Management LLC bought a new position in shares of Workday during the 3rd quarter valued at about $30,000. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

Positive Sentiment: Workday beat expectations for the quarter — revenue of ~$2.53B and non‑GAAP EPS of $2.47 topped Street forecasts, and fiscal 2026 results showed solid revenue and operating cash flow growth. Workday Announces Fiscal 2026 Fourth Quarter and Full Year Financial Results
Positive Sentiment: Management is emphasizing AI (including “agentic” AI) as a growth catalyst and is investing to build differentiated AI capabilities — a positive strategic signal for long‑term revenue potential if product adoption follows. Workday’s CEO is leaning into agentic AI
Neutral Sentiment: Some analysts remain constructive (JPMorgan kept an overweight rating while trimming its price target), showing divergent views on valuation vs. near‑term risk. Benzinga: JPMorgan updates
Neutral Sentiment: Trading volume spiked versus average as the print and guidance drove active re‑pricing — higher volume increases short‑term volatility but also improves liquidity. MarketBeat WDAY page
Negative Sentiment: Workday guided fiscal‑2027 subscription revenue below Wall Street estimates and said subscription growth will slow (guide ~12%–13%), signaling weaker new‑client wins as corporate tech spending softens. Workday forecasts 2027 annual subscription revenue below estimates (Reuters)
Negative Sentiment: Margin outlook disappointed: Workday flagged higher near‑term investment to compete in AI, which pressured adjusted operating income expectations and contributed to the selloff. Workday’s stock dives as earnings reveal the cost of competing in AI (MarketWatch)
Negative Sentiment: The market reaction was sharp: shares fell ~7–8% in after‑hours trading on the weak FY27 outlook, and a few brokers (including Jefferies) downgraded or cut targets ahead of the print — increasing near‑term downside risk. WDAY shares tumble nearly 8% after-hours on weak FY27 guidance (MSN) Jefferies downgrades Workday (MSN)

Workday Company Profile

(Get Free Report)

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.