Rosenblatt Securities Lowers Workday (NASDAQ:WDAY) Price Target to $150.00

Workday (NASDAQ:WDAY) had its price target decreased by research analysts at Rosenblatt Securities from $180.00 to $150.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the software maker’s stock. Rosenblatt Securities’ price target would indicate a potential upside of 15.18% from the stock’s previous close.

WDAY has been the topic of several other research reports. Oppenheimer cut their price target on shares of Workday from $270.00 to $200.00 and set an “outperform” rating on the stock in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Workday from $265.00 to $190.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. BTIG Research reduced their target price on shares of Workday from $230.00 to $175.00 and set a “buy” rating on the stock in a report on Wednesday. Jefferies Financial Group lowered Workday from a “buy” rating to a “hold” rating and cut their price objective for the company from $325.00 to $150.00 in a research report on Monday. Finally, Guggenheim reiterated a “buy” rating and issued a $285.00 target price on shares of Workday in a research note on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and sixteen have issued a Hold rating to the company. Based on data from MarketBeat.com, Workday has a consensus rating of “Moderate Buy” and an average price target of $232.22.

Workday Stock Up 0.8%

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

Workday (NASDAQ:WDAY) last issued its earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.15. Workday had a return on equity of 10.50% and a net margin of 6.95%.The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period last year, the company posted $1.92 EPS. The business’s quarterly revenue was up 14.5% on a year-over-year basis. Analysts forecast that Workday will post 2.63 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Gerrit S. Kazmaier sold 3,759 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $208.73, for a total transaction of $784,616.07. Following the transaction, the insider directly owned 105,167 shares in the company, valued at $21,951,507.91. This trade represents a 3.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder David A. Duffield sold 82,884 shares of the business’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $209.75, for a total transaction of $17,384,919.00. Following the sale, the insider owned 105,049 shares of the company’s stock, valued at approximately $22,034,027.75. The trade was a 44.10% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 370,321 shares of company stock valued at $78,866,401. 20.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Workday

Large investors have recently bought and sold shares of the business. Rakuten Securities Inc. bought a new position in shares of Workday during the second quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in Workday during the 3rd quarter worth $26,000. JPL Wealth Management LLC acquired a new stake in Workday in the third quarter worth $30,000. DT Investment Partners LLC bought a new position in shares of Workday during the fourth quarter worth about $27,000. Finally, Berbice Capital Management LLC grew its position in shares of Workday by 136.4% during the second quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock worth $31,000 after acquiring an additional 75 shares during the last quarter. Institutional investors own 89.81% of the company’s stock.

Key Stories Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Q4 beats — Workday reported better‑than‑expected fiscal Q4 results: revenue and EPS topped consensus and subscription revenue grew year‑over‑year, underpinned by strong cash flow. Workday Q4 results press release
• Positive Sentiment: Analyst buy thesis remains for some — Needham reaffirmed a Buy and kept a $300 price target, arguing AI investments offer long‑term upside despite near‑term headwinds. Needham buy rating
• Neutral Sentiment: Leadership/AI strategy — Workday has emphasized agentic AI as a growth driver and recently brought back a founder CEO, a strategic pivot that could help execution but adds uncertainty about near‑term priorities. CEO return and AI focus
• Neutral Sentiment: Broader software sell‑off — The pullback in software names and macro uncertainty amplified the reaction to Workday’s guidance, meaning market moves reflect sector trends as well as company specifics. Software sector pressure
• Negative Sentiment: Guidance miss — Management forecast FY‑2027 subscription revenue below Street estimates (and guided for slower subscription growth), signaling weaker new‑client wins as corporate tech spend moderates. Revenue guidance below estimates
• Negative Sentiment: Margins and AI investment cost — Workday warned of margin pressure as it accelerates AI investments and guidance for adjusted operating income was cautious, pressuring investor sentiment about near‑term profitability. Margin outlook and AI costs
• Negative Sentiment: Analyst reactions — Several brokers pared targets or downgraded WDAY (Jefferies, Mizuho among them); JPMorgan lowered its target too, increasing near‑term selling pressure. Jefferies cut Mizuho downgrade (summary) JPM price‑target move (summary)

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.