Workday (WDAY) Q2 Beat Overshadowed by Stock Dip
Workday, Inc. (WDAY) is a top AI stock on Wall Street. RBC Capital analyst reaffirmed an Outperform rating with a $340 price target after Q2 results. Shares fell after hours despite modest beat. Company highlighted AI adoption trend and partner network momentum.
Workday provides cloud applications but faces competition from other AI stocks. Report suggests other AI stocks may offer more upside potential and less downside risk.