What is KeyCorp’s Estimate for Workday Q3 Earnings?

Workday, Inc. (NASDAQ:WDAY) – Equities researchers at KeyCorp issued their Q3 2027 earnings per share estimates for Workday in a research report issued on Thursday, October 15th. KeyCorp analyst J. Celino forecasts that the software maker will earn $1.31 per share for the quarter. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Workday’s current full-year earnings is $5.33 per share. KeyCorp also issued estimates for Workday’s Q4 2027 earnings at $1.29 EPS, FY2027 earnings at $5.19 EPS and FY2028 earnings at $7.98 EPS.

WDAY has been the topic of a number of other reports. Robert W. Baird raised their target price on Workday from $190.00 to $215.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Needham & Company LLC reissued a “buy” rating and set a $230.00 price target on shares of Workday in a report on Monday, October 5th. Freedom Broker cut Workday from a “buy” rating to a “hold” rating and upped their price target for the stock from $180.00 to $200.00 in a research report on Friday, August 28th. Guggenheim reaffirmed a “buy” rating and issued a $275.00 price objective on shares of Workday in a research note on Friday, August 21st. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Workday in a research report on Thursday, October 15th. Nineteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Workday presently has an average rating of “Hold” and a consensus target price of $205.03.

Workday Stock Up 4.5%

Shares of WDAY stock opened at $203.98 on Wednesday. Workday has a 12 month low of $110.36 and a 12 month high of $247.40. The stock has a market cap of $49.16 billion, a P/E ratio of 41.38, a P/E/G ratio of 1.96 and a beta of 1.07. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. The company has a 50 day simple moving average of $192.45 and a two-hundred day simple moving average of $154.82.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Thursday, August 27th. The software maker reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.61 by $0.14. The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Workday had a net margin of 12.32% and a return on equity of 20.95%. The business’s quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.21 EPS.

Institutional Investors Weigh In On Workday

A number of institutional investors have recently bought and sold shares of the business. Lakehouse Capital Pty Ltd lifted its stake in Workday by 77.9% in the third quarter. Lakehouse Capital Pty Ltd now owns 43,773 shares of the software maker’s stock worth $8,337,000 after purchasing an additional 19,174 shares during the last quarter. Plato Investment Management Ltd purchased a new position in shares of Workday during the second quarter valued at approximately $1,115,000. S&CO Inc. bought a new position in shares of Workday during the second quarter valued at approximately $2,284,000. Sapient Capital LLC bought a new position in shares of Workday during the second quarter valued at approximately $13,045,000. Finally, Fluent Financial LLC bought a new position in shares of Workday during the second quarter valued at approximately $2,249,000. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Insider Buying and Selling at Workday

In related news, major shareholder David Duffield sold 100,780 shares of Workday stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $185.64, for a total transaction of $18,708,799.20. Following the transaction, the insider owned 105,049 shares in the company, valued at approximately $19,501,296.36. The trade was a 48.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 988,104 shares of company stock worth $188,811,574. 18.64% of the stock is currently owned by insiders.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Investor enthusiasm centered on Workday’s AI push, including its partnership with Anthropic to connect Claude with Workday Sana and its HR and finance business-rule framework. The company also introduced infrastructure for building and governing AI agents and plans to acquire C1.ai, an identity platform intended to secure access for employees and AI agents. Management reiterated long-term targets of approximately 11% subscription growth and a non-GAAP operating margin above 33%. Workday rises on AI product push, Anthropic partnership, and C1.ai deal
• Positive Sentiment: Workday was named a Leader in Gartner’s 2026 Magic Quadrant for Cloud ERP Finance. The recognition may strengthen the company’s credibility with enterprise customers and support its positioning in cloud finance software. Workday Named a Leader in 2026 Gartner Magic Quadrant for Cloud ERP Finance
• Positive Sentiment: A valuation analysis from GuruFocus described WDAY as undervalued based on its GF Value, suggesting potential upside despite the recent advance. Is It Too Late to Buy Workday After Rally?
• Neutral Sentiment: KeyCorp maintained a “Sector Weight” rating while publishing 2028 quarterly EPS estimates ranging from $1.71 to $2.27. The estimates indicate expected earnings growth but do not represent a bullish rating change.
• Negative Sentiment: KeyBanc downgraded Workday to “Sector Weight,” adding pressure to the investment case. Separately, 10 analyst price targets carried a median of $154.50, well below the current trading level, implying valuation concerns. Workday Shares Fall on KeyBanc Downgrade
• Negative Sentiment: Insider activity was heavily skewed toward selling: company insiders made 149 sales and no purchases over the past six months. Institutional positioning was mixed, with 476 investors adding shares and 481 reducing positions.

Workday Company Profile

Workday, Inc is an enterprise software company that provides cloud-based applications for managing human resources, finance and business operations. Its platform is designed to help organizations manage workforce information, accounting, financial reporting, procurement, expenses and other core business processes through a unified software environment.

The company’s products include human capital management, financial management, financial planning, spend management, payroll, recruiting, talent management, workforce planning, analytics and reporting solutions.