Workday Inc. ($WDAY) Stock Forecast: Down 11.5% Today

What is Workday Inc.?

Workday (WDAY) is a cloud-based financial management and human capital management software company. Today, the stock experienced a strong bearish movement amidst the overall market decline.

Why is Workday Inc. going down?

WDAY stock is down 11.5% on May 23, 2025 16:36

• Workday shares tumbled after reporting Q1 results and providing Q2 revenue guidance below estimates, leading to investor disappointment.
• Despite beating earnings and revenue estimates, the market reacted negatively to the lower-than-expected guidance for the upcoming quarter.
• Analysts had revised their forecasts ahead of the earnings call, anticipating positive results, but the market's reaction suggests that the guidance overshadowed the strong performance.
• The overall market decline, with the Nasdaq falling over 1%, likely exacerbated the bearish movement in Workday's stock.

WDAY Price Chart

WDAY Technical Analysis

WDAY News

Nasdaq Down Over 1%; Workday Shares Tumble After Q1 Results - Bicara Therapeutics ( NASDAQ:BCAX ) , BloomZ ( NASDAQ:BLMZ )

U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 1% on Friday. The Dow traded down 0.70% to 41,566.04 while the NASDAQ fell 1.12% to 18,713.37. The S&P 500 also fell, dropping, 0.87% to 5,791.25. Real estate shares fell by just 0.1% on Friday.

https://www.benzinga.com/25/05/45588721/nasdaq-down-over-1-workday-shares-tumble-after-q1-results

Workday Shares Slide After Q1 Results, Q2 Reveue Guidance Below Estimates - Workday ( NASDAQ:WDAY )

Workday reports earnings of $2.23 per share, which beat the analyst consensus estimate of $2.01. Quarterly revenue comes in at $2.24 billion, which beat the Street estimate of $2.22 billion. Beat the market with ready-to-go trades and pro tools-now 60% off for Memorial Day. Workday, Inc.

https://www.benzinga.com/news/earnings/25/05/45575045/workday-shares-slide-after-q1-results-q2-reveue-guidance-below-estimates

Workday Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Workday ( NASDAQ:WDAY )

Workday, Inc. WDAY will release its first-quarter earnings results after the closing bell on Thursday, May 22. Analysts expect the Pleasanton, California-based company to report quarterly earnings at $2.01 per share, up from $1.74 per share in the year-ago period.

https://www.benzinga.com/25/05/45562905/workday-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call

Is Workday ( WDAY ) a Buy as Wall Street Analysts Look Optimistic?

Based on the average brokerage recommendation (ABR), Workday (WDAY) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

https://www.zacks.com/stock/news/2474585/is-workday-wday-a-buy-as-wall-street-analysts-look-optimistic

Workday Set to Report Q1 Results: Will Revenue Growth Boost Earnings?

WDAY's first-quarter top line is likely to have gained from healthy demand across multiple end markets, product innovation and AI focus.

https://www.zacks.com/stock/news/2474239/workday-set-to-report-q1-results-will-revenue-growth-boost-earnings

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Workday Inc. Price History

17.03.2025 - WDAY Stock was down 5.1%

• Workday (WDAY) stock demonstrated a significant bearish move, contrary to the bullish market trend.
• The rise in Arista Networks (ANET) stock could have shifted investor focus away from Workday, resulting in a sell-off.
• The downward revisions in earnings estimates for Workday might have played a role in the bearish movement.
• Investor sentiment regarding Workday's future performance may be cautious, leading to a stock decline despite recent positive developments.

24.03.2025 - WDAY Stock was up 5.2%

• Workday's stock concluded the day at $224.87, showcasing a notable 1.76% rise compared to the previous session, surpassing the broader market performance.
• The upsurge in Workday's stock price could be linked to a significant number of investors in the options market taking a bullish stance, indicating strong positive sentiment.
• The favorable outlook for Workday might stem from increasing faith in the company's cloud-based software solutions and its prospective growth and profitability.
• The bullish trajectory of Workday's stock signifies investor confidence and heightened market interest in the company's offerings, positioning it well for potential future growth in the short run.

04.03.2025 - WDAY Stock was down 5.1%

• Workday's bearish movement could be attributed to profit-taking by investors after a recent positive trend.
• The overall market sentiment towards tech stocks might have influenced the decline in Workday's stock price.
• Recent advancements in AI and heightened competition in the tech sector could have shifted investor focus away from Workday, impacting its stock performance.
• Investors might be reallocating their funds towards companies leading the AI revolution, leading to a temporary dip in Workday's stock price.

23.03.2025 - WDAY Stock was up 5.1%

• Workday's stock showed a significant bullish movement today, influenced by a surge in options trading activity with a notably optimistic outlook on the company.
• The high number of investors initiating trades with positive expectations likely contributed to the upward momentum in Workday's stock price.
• The heightened interest in options suggests a growing confidence among investors in Workday's future performance and potential growth opportunities, resulting in an overall positive sentiment in the market.

23.04.2025 - WDAY Stock was down 10.8%

• Reported earnings were $2.23 per share, surpassing analyst forecasts, although the stock trended bearishly post-announcement.
• The bearish movement was possibly triggered by the company's Q2 revenue forecast failing to meet market projections, despite solid Q1 performance.
• Investors responded negatively to the revenue guidance, prompting a stock sell-off despite the positive earnings outcome.
• Mixed analyst recommendations on the stock's outlook, coupled with uncertainties around future revenue growth, likely contributed to the downward market trend.

23.04.2025 - WDAY Stock was down 11.5%

• Workday shares tumbled after reporting Q1 results and providing Q2 revenue guidance below estimates, leading to investor disappointment.
• Despite beating earnings and revenue estimates, the market reacted negatively to the lower-than-expected guidance for the upcoming quarter.
• Analysts had revised their forecasts ahead of the earnings call, anticipating positive results, but the market's reaction suggests that the guidance overshadowed the strong performance.
• The overall market decline, with the Nasdaq falling over 1%, likely exacerbated the bearish movement in Workday's stock.

05.01.2025 - WDAY Stock was up 5.6%

• Workday’s decision to cut positions and exit office space is perceived as a strategic move to streamline operations and improve efficiency, likely garnering favor from investors.
• The company's announcement of expected fourth-quarter results aligning with or surpassing guidance suggests strong performance and future growth potential, fueling the bullish movement in the stock.
• Investors may interpret these cost-cutting measures and optimistic financial outlook as signs of Workday's agility in adapting to market conditions and sustaining competitiveness, propelling the stock price upwards.

26.01.2025 - WDAY Stock was up 7.4%

• Workday (WDAY) stock witnessed a significant increase in value today.
• This upward movement is linked to Workday's strong Q4 earnings, where they outperformed analyst predictions in earnings per share and revenue.
• Investor trust in Workday's financial performance and growth prospects is reflected in the market's positive response.
• Positive analyst forecasts for Workday's Q4 earnings and expectations of revenue growth have also fueled the optimistic outlook on the stock.

26.01.2025 - WDAY Stock was up 6.1%

• The bullish movement in Workday's stock price today can be attributed to:
• Better-than-expected fourth-quarter financial results, with earnings per share and revenue surpassing analyst estimates.
• Solid revenue growth in the fiscal fourth quarter, fueled by numerous customer successes across different sectors.
• Analysts' positive outlook on Workday's future performance, despite potential revenue growth slowdown, as the company launches new products and witnesses increasing adoption rates.
• Investors' optimistic attitude towards Workday, contrasting the overall market mood where U.S. stocks had mixed results, signifying heightened bullishness on Workday's growth potential.

26.01.2025 - WDAY Stock was up 5.4%

• Workday (WDAY) saw a significant increase in its stock price today after releasing its Q4 earnings.
• The company exceeded expectations with earnings per share of $1.92, higher than the estimated $1.78, and quarterly revenue of $2.21 billion, surpassing the expected $2.18 billion.
• Strong revenue growth in the fiscal fourth quarter, driven by new customer acquisitions in different sectors, positively impacted investor sentiment and the stock's rise.
• Analysts highlighted the 15.9% growth in subscription revenue and the continued rapid adoption of Workday's products as key drivers of the market's favorable response to the earnings release.

07.02.2025 - WDAY Stock was down 5.2%

• Today, Workday Inc. reported strong Q4 earnings, exceeding expectations. Despite this, the stock showed a bearish trend, possibly due to:
• Investors selling to lock in profits following a period of strong performance.
• Worries regarding future growth prospects or company-provided guidance.
• General market sentiment or macroeconomic conditions impacting investor decisions despite positive company news.

22.04.2025 - WDAY Stock was up 23.2%

• Workday (WDAY) demonstrated a significant bullish trend today in anticipation of its upcoming first-quarter earnings announcement.
• Analysts express confidence in the company's earnings outlook, projecting an increase in quarterly earnings per share compared to the same period last year.
• The optimistic expectations for the first-quarter earnings results, supported by revenue growth, robust market demand, product advancements, and emphasis on artificial intelligence, likely influenced the positive market momentum.
• Favorable assessments from Wall Street analysts, including recommendations to include Workday in investment portfolios, further bolstered investor sentiment and contributed to the observed bullish movement in the market.