What is Zacks Research’s Estimate for Workday Q1 Earnings?

Workday, Inc. (NASDAQ:WDAY) – Analysts at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for Workday in a report released on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the software maker will earn $0.74 per share for the quarter, up from their prior forecast of $0.65. The consensus estimate for Workday’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Workday’s Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.91 EPS, Q4 2026 earnings at $0.95 EPS, FY2026 earnings at $3.41 EPS, Q1 2027 earnings at $0.90 EPS, Q2 2027 earnings at $1.13 EPS, FY2027 earnings at $4.64 EPS and FY2028 earnings at $5.36 EPS.

WDAY has been the topic of a number of other research reports. Wells Fargo & Company upped their price target on Workday from $330.00 to $360.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. StockNews.com lowered Workday from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Bank of America cut their price target on Workday from $310.00 to $285.00 and set a “buy” rating for the company in a research note on Wednesday, November 27th. KeyCorp increased their price objective on shares of Workday from $305.00 to $335.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Finally, Daiwa America upgraded shares of Workday to a “strong-buy” rating in a research report on Tuesday, March 4th. Ten investment analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $300.36.

Workday Trading Down 0.8 %

Shares of WDAY opened at $250.47 on Friday. Workday has a twelve month low of $199.81 and a twelve month high of $294.00. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $66.63 billion, a P/E ratio of 41.54, a PEG ratio of 3.55 and a beta of 1.38. The firm’s 50-day moving average is $256.76 and its two-hundred day moving average is $255.24.

Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Tuesday, February 25th. The software maker reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.75 by ($1.27). The company had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.18 billion. Workday had a return on equity of 6.13% and a net margin of 19.86%.

Hedge Funds Weigh In On Workday

Hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. raised its stake in Workday by 45.0% during the third quarter. Principal Financial Group Inc. now owns 17,794 shares of the software maker’s stock worth $4,349,000 after acquiring an additional 5,519 shares during the period. Empowered Funds LLC boosted its position in Workday by 38.7% during the 3rd quarter. Empowered Funds LLC now owns 7,349 shares of the software maker’s stock worth $1,796,000 after acquiring an additional 2,049 shares during the period. Quest Partners LLC lifted its holdings in Workday by 98.2% in the third quarter. Quest Partners LLC now owns 2,472 shares of the software maker’s stock worth $604,000 after purchasing an additional 1,225 shares during the period. Pathstone Holdings LLC lifted its stake in shares of Workday by 8.1% in the 3rd quarter. Pathstone Holdings LLC now owns 24,733 shares of the software maker’s stock worth $6,045,000 after acquiring an additional 1,848 shares during the period. Finally, Caprock Group LLC boosted its stake in Workday by 14.5% during the 3rd quarter. Caprock Group LLC now owns 3,046 shares of the software maker’s stock valued at $744,000 after purchasing an additional 386 shares in the last quarter. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Workday news, Director George J. Still, Jr. sold 7,500 shares of Workday stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $241.33, for a total transaction of $1,809,975.00. Following the sale, the director now directly owns 75,000 shares in the company, valued at $18,099,750. The trade was a 9.09 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder David A. Duffield sold 71,672 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $248.58, for a total transaction of $17,816,225.76. Following the completion of the sale, the insider now directly owns 102,997 shares in the company, valued at $25,602,994.26. This represents a 41.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 473,001 shares of company stock valued at $120,614,400. Corporate insiders own 20.00% of the company’s stock.

About Workday

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.