UBS Group Has Lowered Expectations for Workday (NASDAQ:WDAY) Stock Price

Workday (NASDAQ:WDAY) had its target price dropped by investment analysts at UBS Group from $170.00 to $130.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the software maker’s stock. UBS Group’s price target suggests a potential downside of 2.06% from the stock’s previous close.

Several other research firms have also recently weighed in on WDAY. Wall Street Zen raised Workday from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. The Goldman Sachs Group lowered their target price on shares of Workday from $238.00 to $206.00 and set a “neutral” rating on the stock in a research note on Wednesday. Needham & Company LLC reiterated a “buy” rating and set a $300.00 target price on shares of Workday in a research report on Wednesday. KeyCorp decreased their price target on shares of Workday from $260.00 to $155.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Piper Sandler cut their target price on shares of Workday from $200.00 to $135.00 and set a “neutral” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $208.28.

Workday Price Performance

NASDAQ WDAY traded up $2.50 on Wednesday, hitting $132.73. The stock had a trading volume of 19,190,929 shares, compared to its average volume of 4,891,187. The firm has a 50-day moving average of $184.46 and a 200-day moving average of $213.51. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.83 and a current ratio of 1.83. Workday has a 52-week low of $117.76 and a 52-week high of $281.00. The company has a market capitalization of $34.91 billion, a price-to-earnings ratio of 55.58, a price-to-earnings-growth ratio of 1.11 and a beta of 1.13.

Workday (NASDAQ:WDAY) last released its quarterly earnings results on Tuesday, February 24th. The software maker reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.15. Workday had a net margin of 6.95% and a return on equity of 10.50%. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the business earned $1.92 EPS. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. Equities analysts expect that Workday will post 2.63 EPS for the current year.

Insider Activity at Workday

In related news, CAO Mark S. Garfield sold 953 shares of the firm’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 transaction of $199,710.68. Following the transaction, the chief accounting officer directly owned 35,336 shares in the company, valued at $7,405,012.16. This trade represents a 2.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Richard Harry Sauer sold 1,130 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $210.00, for a total value of $237,300.00. Following the completion of the sale, the insider owned 85,398 shares of the company’s stock, valued at $17,933,580. The trade was a 1.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 370,321 shares of company stock worth $78,866,401 over the last three months. Corporate insiders own 20.00% of the company’s stock.

Institutional Investors Weigh In On Workday

A number of large investors have recently added to or reduced their stakes in WDAY. AlphaQuest LLC boosted its position in shares of Workday by 636.7% during the second quarter. AlphaQuest LLC now owns 1,886 shares of the software maker’s stock valued at $453,000 after purchasing an additional 1,630 shares in the last quarter. PKO Investment Management Joint Stock Co purchased a new position in Workday during the third quarter valued at $1,805,000. Phoenix Financial Ltd. bought a new stake in shares of Workday during the 3rd quarter valued at $2,000,000. Rakuten Investment Management Inc. bought a new stake in shares of Workday during the 3rd quarter valued at $124,718,000. Finally, Norges Bank purchased a new stake in shares of Workday in the 2nd quarter worth about $442,702,000. Institutional investors own 89.81% of the company’s stock.

Workday News Roundup

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Q4 beat and margin progress: Workday topped estimates on revenue and EPS, with subscription growth and a sizable improvement in adjusted operating margins that supported the company’s profitability story. Workday Announces Fiscal 2026 Fourth Quarter and Full Year Financial Results
• Neutral Sentiment: Analyst views are mixed: Many firms cut targets and some downgraded WDAY after the guidance miss, but several analysts maintained Buy/Outperform ratings — leaving a wide range of price targets and divergent short‑term expectations. These Analysts Slash Their Forecasts On Workday After Q4 Results
• Negative Sentiment: Guidance shortfall — subscription revenue outlook below Street estimates: Workday guided FY‑27 subscription revenue below consensus (and flagged longer deal cycles in some verticals), which triggered the post‑earnings selloff and remains the primary negative driver. Workday forecasts 2027 annual subscription revenue below estimates
• Negative Sentiment: AI disruption fears and investor skepticism: Market concern that new AI entrants or agentic AI could erode traditional SaaS demand amplified selling; the CEO pushed back—saying major AI firms run on Workday—but investors punished the cautious guide regardless. Workday Shares Drop 9% as CEO Says OpenAI, Google Use Its Software
• Negative Sentiment: Price action and momentum: The stock has already seen steep declines in recent weeks (multi‑day and multi‑week pullbacks to multi‑year lows), increasing sensitivity to any cautious guidance and prompting headlines about how far the selloff could go. How Low Can Workday Stock Go?

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.