Workday, Inc. is an enterprise software company with a market cap of $64.4 billion, offering cloud-native solutions for various industries. Analysts expect an EPS of $0.80 for Q2, a 116.2% increase from the previous year. Future projections show significant growth, with a mean price target suggesting a 25% premium.
Despite underperforming the S&P 500 Index and Technology Select Sector SPDR Fund, Workday shares have seen an 8% increase in the past year. On July 10th, the stock fell over 4% after a downgrade by Piper Sandler Companies due to valuation concerns and growth headwinds. Analysts, however, remain bullish, with a majority recommending a “Strong Buy.”
Workday is set to report its Q2 earnings on August 28, with analysts expecting significant growth in EPS for fiscal years 2025 and 2026. The stock has a mix of ratings, with a majority suggesting a “Strong Buy.” Despite recent volatility, analysts are optimistic about the company’s future prospects, with a mean price target indicating a 25% premium.
Read more at Yahoo Finance: What to Expect From Workday’s Q2 2025 Earnings Report
