Latest news with #WDAY
Yahoo
13-07-2025
- Business
- Yahoo
Workday (WDAY) Just Got Downgraded—Here's Why Analysts Are Worried About AI
Workday, Inc. (NASDAQ:) is one of the . On July 10, Piper Sandler analyst Brent Bracelin downgraded the stock from 'Neutral' to Underweight with a price target of $235.00. The rating downgrade follows major changes in CIO spending priorities driven by artificial intelligence. 'Our latest CIO survey reinforced a bullish spending backdrop for AI infrastructure while elevating risks to the broader application category,' analysts wrote. Concerns regarding declining application software spending and potential pricing pressures were noted as factors particularly behind the downgrade for Workday. 'Per employee pricing risk coupled with eroding appetite to invest materially in applications could further pressure growth at WDAY.' A graphical representation of the S&P Total Market Index on display above the heads of a team of investors strategizing investments. The firm believes that Workday may be a 'potential AI casualty on headcount drag,' with 52% of CIOs expecting AI to reduce staff, up from 39%. Since the company's software helps enterprises manage workforces, a 'headcount drag' related to AI may prove to be negative. Workday, Inc. (NASDAQ:WDAY) provides enterprise cloud applications. While we acknowledge the potential of WDAY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Yahoo
02-07-2025
- Business
- Yahoo
Workday (WDAY) Fell Due to a Reduction in 2025 Revenue Guidance
Hotchkis & Wiley, an investment management company, released its 'Hotchkis & Wiley Global Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, the MSCI World Index decreased by 1.8%, driven by the decline of mega-cap growth stocks. The Magnificent Seven represented over 22% of the MSCI World Index in the quarter, collectively experiencing a decline of 14%. The Hotchkis & Wiley Global Value Fund returned 5.96% in the quarter, outperforming the MSCI World Value Index's 4.81% return. For more information on the fund's best picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, Hotchkis & Wiley Global Value Fund highlighted stocks such as Workday, Inc. (NASDAQ:WDAY). Workday, Inc. (NASDAQ:WDAY) is a company that offers enterprise cloud applications. The one-month return of Workday, Inc. (NASDAQ:WDAY) was -4.73%, and its shares gained 5.50% of their value over the last 52 weeks. On July 1, 2025, Workday, Inc. (NASDAQ:WDAY) stock closed at $239.23 per share, with a market capitalization of $63.778 billion. Hotchkis & Wiley Global Value Fund stated the following regarding Workday, Inc. (NASDAQ:WDAY) in its Q1 2025 investor letter: "Workday, Inc. (NASDAQ:WDAY) is a leader in cloud application software for back-office business functions including human capital management, financials management, and ERP (enterprise resource planning). Stock price was negatively impacted by a reduction in 2025 revenue guidance. Management noted the pressure on current year sales is macro-related. We believe Workday has a formidable competitive advantage that trades at an attractive valuation for a company with premier franchise potential." A group of finance professionals analyzing market trends on their computer screens. Workday, Inc. (NASDAQ:WDAY) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 85 hedge fund portfolios held Workday, Inc. (NASDAQ:WDAY) at the end of the first quarter, which was 89 in the previous quarter. Workday, Inc. (NASDAQ:WDAY) reported revenue of $2.24 billion in the fiscal first quarter of 2026, representing an increase of 13% year-over-year. While we acknowledge the potential of Workday, Inc. (NASDAQ:WDAY) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Workday, Inc. (NASDAQ:WDAY) and shared the list of stocks Jim Cramer put under the microscope recently. Parnassus Core Equity Fund added Workday, Inc. (NASDAQ:WDAY) to its portfolio in Q1 2025. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of WDAY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
20-06-2025
- Business
- Yahoo
How Is Workday's Stock Performance Compared to Other Tech-Software Stocks?
Pleasanton, California-based Workday, Inc. (WDAY) is a leading cloud-based provider of enterprise software for human capital management (HCM), financial management, adaptive planning, spend management, and analytics. Valued at a market cap of $63.2 billion, the company delivers real-time operational insights and seamless workflows for HR and finance teams. Companies worth $10 billion or more are typically classified as 'large-cap stocks,' and WDAY fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the software - application industry. The company's specialty lies in delivering AI and machine learning-powered solutions that automate workflows, predict workforce needs, and optimize financial operations. Its strong presence among large enterprises, including over 60% of the Fortune 500, underscores its market leadership and its subscription-based SaaS model ensures stable, recurring revenue and high customer retention. 2 Outstanding Stocks Under $50 to Buy and Hold Now 3 ETFs with Dividend Yields of 12% or Higher for Your Income Portfolio Nvidia's Bringing Sovereign AI to Germany. Should You Buy NVDA Stock Here? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. This tech company has slipped 19.4% from its 52-week high of $294, reached on Dec. 9, 2024. Moreover, shares of WDAY have declined 6% over the past three months, considerably underperforming the iShares Expanded Tech-Software Sector ETF's (IGV) 15.9% uptick during the same time frame. In the longer term, Workday has gained 14.1% over the past 52 weeks, lagging behind IGV's 26.2% rise over the same time frame. Moreover, on a YTD basis, shares of WDAY are down 8.2%, compared to IGV's 6% return. To confirm its bearish trend, WDAY has been trading below its 200-day moving average since late May, and has recently started trading below its 50-day moving average. On May 22, WDAY released its Q1 results. The company's revenue improved 12.6% year-over-year to $2.2 billion and marginally exceeded the consensus estimates. Moreover, its adjusted operating margin expanded by a solid 430 basis points, driving a 28.2% annual increase in its adjusted EPS to $2.23. The bottom-line figure also came in well above Wall Street estimates. However, despite delivering a better-than-expected performance, its shares crashed 12.5% in the subsequent trading session. The sharp decline was not driven by company-specific factors but rather by broader market concerns. Trade tensions escalated after President Trump threatened a 25% tariff on Apple Inc. (AAPL) if iPhones were not produced in the U.S., dragging down Apple and other tech stocks including WDAY. The pressure intensified after Trump also warned of a 50% tariff on goods imported from the European Union since Jun. 1. Workday has slightly lagged behind its rival, Dayforce Inc's (DAY) 14.4% gain over the past 52 weeks. However, it has outpaced DAY's 22.6% decline on a YTD basis. Despite WDAY's recent underperformance, analysts remain moderately optimistic about its prospects. The stock has a consensus rating of "Moderate Buy' from the 37 analysts covering it, and the mean price target of $297.18 suggests a 25.5% premium to its current price levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-06-2025
- Business
- Yahoo
Here's Why Workday (WDAY) is a Strong Growth Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term. Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time. Founded in 2005 and headquartered in Pleasanton, CA, Workday Inc. (WDAY) is a provider of enterprise-level software solutions for financial management and human resource domains. The company's cloud-based platform combines finance and HR in a single system that makes it easier for organizations to provide analytical insights and decision support. WDAY is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 19.2% year-over-year for the current fiscal year, with sales growth of 12.4%. 12 analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.26 to $8.70 per share. WDAY boasts an average earnings surprise of 9.8%. Workday is also cash rich. The company has generated cash flow growth of 58.2%, and is expected to report cash flow expansion of 83.8% in 2026. With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, WDAY should be on investors' short lists. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Workday, Inc. (WDAY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
Workday (WDAY) Debuts AI Toolset to Customize and Connect AI Apps and Agents on the Workday Platform
We recently published a list of . In this article, we are going to take a look at where Workday, Inc. (NASDAQ:WDAY) stands against other buzzing AI stocks on latest news and ratings. On June 3rd, Workday, Inc. (NASDAQ:WDAY) announced a new unified, AI developer toolset at its annual developer conference, Workday DevCon 2025. This AI developer toolset will enable developers to customize and connect AI apps and agents on the Workday platform. The new toolset includes an Agent Gateway that allows developers and partners to connect, list, and manage third-party agents in Workday for seamless agent-to-agent collaboration and workforce integration. The toolset also includes an option for AI Widgets, which developers can add to apps and define custom prompts. These widgets offer personalized AI assistance for creating and refining content quickly across HR and finance use cases. Moreover, expanded AI Gateway APIs will allow developers to integrate new Workday AI services natively into apps. Users will be able to ask questions about reports and understand documents using natural language. A group of finance professionals analyzing market trends on their computer screens. The company also announced the expansion of its Developer Copilot, the conversational AI companion that helps developers code faster, across Workday Extend. The AI companion has been reported to improve developer productivity by more than 50%. Meanwhile, their new command-line interface (CLI) tool called Workday Developer CLI will help developers automate tasks and collaborate more effectively. 'Today, developers are under immense pressure to rapidly deliver sophisticated AI apps while navigating a complex and fragmented AI landscape. They're piecing together disparate tools and services, hindering their ability to innovate. Workday's new AI developer toolset removes these barriers by empowering developers to seamlessly integrate powerful AI capabilities into the apps and agents that will define the future of work.' -Matthew Grippo, senior vice president, core software, Workday. Workday, Inc. (NASDAQ:WDAY) provides enterprise cloud applications. Overall, WDAY ranks 7th on our list of buzzing AI stocks on latest news and ratings. While we acknowledge the potential of WDAY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
