Workday Inc. (NASDAQ:WDAY) ended a three-day winning streak on Wednesday, dropping 7.85% to close at $215.34 per share due to a weak outlook for the full fiscal year of 2026. The company targets subscription revenues to grow by 14.4% to $8.828 billion in the fiscal year ending January 2026, maintaining a non-GAAP operating margin outlook of 29%. In the third quarter, Workday’s net income rose by 30.6% to $252 million, with revenues increasing by 12.6% to $2.432 billion year-on-year. CEO Carl Eschenbach highlighted the strength of the business and momentum in their AI portfolio.

Read more at Yahoo Finance: Workday (WDAY) Ends 3-Day Run on Weak Outlook