What is Zacks Research’s Estimate for Workday Q2 Earnings?

Workday, Inc. (NASDAQ:WDAY) – Research analysts at Zacks Research cut their Q2 2026 earnings per share estimates for shares of Workday in a research note issued on Thursday, January 30th. Zacks Research analyst R. Department now expects that the software maker will post earnings per share of $0.64 for the quarter, down from their prior estimate of $0.66. The consensus estimate for Workday’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Workday’s Q2 2027 earnings at $1.06 EPS.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Tuesday, November 26th. The software maker reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. Workday had a return on equity of 6.13% and a net margin of 19.86%. The business had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same period last year, the business earned $0.47 EPS. The firm’s revenue was up 15.8% compared to the same quarter last year.

Several other research analysts also recently commented on the company. Mizuho lifted their price target on Workday from $280.00 to $320.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Citigroup dropped their price target on Workday from $287.00 to $270.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Wells Fargo & Company lifted their price target on Workday from $300.00 to $330.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price target on shares of Workday in a research report on Monday, November 25th. Finally, Scotiabank initiated coverage on Workday in a research report on Monday, November 18th. They issued a “sector outperform” rating and a $340.00 price target on the stock. Eight analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. Based on data from MarketBeat, Workday presently has an average rating of “Moderate Buy” and an average target price of $292.25.

Workday Stock Down 0.0 %

Shares of WDAY stock opened at $259.73 on Monday. The stock’s 50 day simple moving average is $260.91 and its 200 day simple moving average is $249.30. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.05 and a current ratio of 2.05. Workday has a twelve month low of $199.81 and a twelve month high of $311.28. The company has a market capitalization of $69.09 billion, a price-to-earnings ratio of 43.07, a PEG ratio of 4.73 and a beta of 1.35.

Insiders Place Their Bets

In other news, CEO Carl M. Eschenbach sold 6,250 shares of the business’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $253.86, for a total transaction of $1,586,625.00. Following the completion of the sale, the chief executive officer now owns 13,972 shares in the company, valued at $3,546,931.92. The trade was a 30.91 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder David A. Duffield sold 70,003 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $251.20, for a total value of $17,584,753.60. Following the sale, the insider now owns 102,997 shares of the company’s stock, valued at approximately $25,872,846.40. The trade was a 40.46 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 438,819 shares of company stock valued at $113,142,592. 20.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Workday

Institutional investors and hedge funds have recently made changes to their positions in the company. Sanctuary Advisors LLC raised its position in shares of Workday by 7.2% during the third quarter. Sanctuary Advisors LLC now owns 29,633 shares of the software maker’s stock worth $7,934,000 after acquiring an additional 1,978 shares during the last quarter. Grafton Street Partners Fund LP bought a new stake in shares of Workday during the third quarter worth $4,424,000. ICICI Prudential Asset Management Co Ltd raised its position in shares of Workday by 32.4% during the third quarter. ICICI Prudential Asset Management Co Ltd now owns 31,878 shares of the software maker’s stock worth $7,791,000 after acquiring an additional 7,802 shares during the last quarter. Nordea Investment Management AB increased its holdings in Workday by 20.5% in the fourth quarter. Nordea Investment Management AB now owns 702,990 shares of the software maker’s stock valued at $182,753,000 after purchasing an additional 119,769 shares during the last quarter. Finally, Atria Investments Inc increased its holdings in Workday by 19.3% in the third quarter. Atria Investments Inc now owns 44,324 shares of the software maker’s stock valued at $10,833,000 after purchasing an additional 7,175 shares during the last quarter. Institutional investors own 89.81% of the company’s stock.

About Workday

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.