Workday (WDAY) stock fell due to reduced revenue guidance in 2025

From Yahoo Finance: 2025-07-02 08:33:00

Hotchkis & Wiley Global Value Fund’s Q1 2025 investor letter reveals a 5.96% return, outperforming the MSCI World Value Index. The decline of mega-cap growth stocks impacted the MSCI World Index, with the Magnificent Seven experiencing a collective 14% decrease. Workday, Inc. (NASDAQ:WDAY) gained 5.50% over the last 52 weeks, closing at $239.23/share on July 1, 2025.

In its Q1 2025 letter, Hotchkis & Wiley Global Value Fund discussed Workday, Inc. (NASDAQ:WDAY)’s leadership in cloud application software. The company’s stock was impacted by a reduction in 2025 revenue guidance due to macro-related pressures. Despite this, the fund believes Workday offers a competitive advantage at an attractive valuation.

Workday, Inc. (NASDAQ:WDAY) reported $2.24 billion in revenue for Q1 2026, a 13% YoY increase. While 85 hedge fund portfolios held WDAY, Inc. (NASDAQ:WDAY) in Q1, the focus remains on AI stocks for higher returns. Parnassus Core Equity Fund added WDAY to its portfolio in Q1 2025. Explore more investor letters and AI stock opportunities for potential gains.

Read more: Workday (WDAY) Fell Due to a Reduction in 2025 Revenue Guidance