From NASDAQ.: 2025-05-09 17:45:00

In the latest trading session, Workday (WDAY) closed at $259.18, up 0.47% from the previous day, surpassing the S&P 500’s daily loss of 0.07%. Workday’s shares had gained 14.79% over the past month, trailing the Computer and Technology sector’s 18.3% gain but surpassing the S&P 500’s 13.74% increase.

Investors anticipate Workday’s upcoming earnings report on May 22, 2025, projecting earnings of $1.99 per share, a 14.37% year-over-year growth. Revenue is estimated at $2.22 billion, up 11.34% from the same quarter last year. Zacks Consensus Estimates predict annual earnings of $8.41 per share and revenue of $9.48 billion, indicating shifts of +15.21% and +12.2%, respectively.

Recent analyst estimate revisions reflect optimism about Workday’s business and profitability. The Zacks Rank system, with a rating from #1 (Strong Buy) to #5 (Strong Sell), indicates Workday is currently a Zacks Rank #3 (Hold). The Zacks Rank has a strong track record of exceeding expectations, with #1 stocks delivering an average annual return of +25% since 1988.

Workday is trading at a Forward P/E ratio of 30.67, higher than the industry average of 28.22. Its PEG ratio of 1.57, compared to the industry’s 2.19, suggests it may be trading at a premium. The Internet – Software industry, to which Workday belongs, has a Zacks Industry Rank of 89, placing it in the top 37% of all industries.

Zacks’ Research Chief has identified the “Stock Most Likely to Double,” with 5 stocks predicted to gain +100% or more. The highlighted stock, a leading financial firm with rapid customer growth and cutting-edge solutions, has potential for significant gains. For more information and to access the top stock and runners-up, visit Zacks.com.



Read more at NASDAQ.: Why the Market Dipped But Workday (WDAY) Gained Today