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WDAY

Workday, Inc.

NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-05-08

$127.83-2.33%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, WDAY has a composite score of 25.0 and a signal label of "mild favorable." This score is influenced by a medium confidence level of 76.3 and elevated market risk at 72.8. Key drivers include macroeconomic factors such as rates, growth, inflation, and labor, with the most recent fundamentals dated March 6, 2026. The assessment is provisional.

Composite +25as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
weak
Bottom 10% of information technology cohort
Why this rank
  • Direction share
    0.61
  • Slope (norm)
    -0.29
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
39248259-131
F2 · Value
neutral
Mid-cohort by earnings yield
Why this rank
Price
$127.83
TTM EPS
$2.46
Earnings yield
1.9%
P/E (TTM)
52.0

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
robust
Top 10% cash conversion in information technology cohort
Why this rank
TTM NI ($M)
526
TTM CFO ($M)
2,461
CFO/NI
4.68
L2

Watch

has something changed worth re-reading?
F4 · Management stability
volatile
Bottom 20% activity in information technology cohort· see deep-dive ↓
capital unfriendlyBottom 30% — net capital-unfriendly direction
Earnings setup · pre-print positioning
forward-looking
bearish35 analysts, 61% Buyfor period ending 2026-07-31
Why this setup
Consensus revisions

EPS estimate $2.57 → $2.57 (+0.1% / 30d). 9 raised, 23 cut, 35 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d. 61% of analysts rate Buy.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Expand AI capabilities in HR and financeproductmixed0% progress
    2/24: CEO: 'AI gives us the chance to bring innovation back to HR and finance.'
    Why this status

    Newly stated in 2026-Q1. Workday's focus on AI integration in HR and finance is part of its strategic direction, but financials do not yet reflect specific AI-driven revenue or cost impacts. The trajectory is in early stages with potential for future impact.

  2. 2.Increase subscription revenuegrowthmixed65% progress
    2/24: CFO: 'We expect fiscal 2027 subscription revenues of approximately $9.925 billion to $9.950 billion.'
    Why this status

    Newly stated in 2026-Q1. Subscription revenues reached $8.833 billion in fiscal 2026, up 14.5% from the prior year. The target for fiscal 2027 represents a 12% to 13% growth goal. The trajectory shows strong growth, aligning with management's expectations.

  3. 3.Achieve non-GAAP operating margin of 30%costmixed0% progress
    2/24: CFO: 'We expect fiscal 2027 non-GAAP operating margin of approximately 30.0%.'
    Why this status

    Newly stated in 2026-Q1. The non-GAAP operating margin was 29.6% in fiscal 2026, up from 25.9% in the prior year. The target for fiscal 2027 is approximately 30%, indicating a trajectory of improving margins, consistent with management's guidance.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
elevatedworst 12m loss −59%, typical day ±1.8%
Why this risk level

Recent vol — 30d annualized 60%; 252d 41%.

Drawdown — Max 1y −59%. Bad day move −5%.

Beta to sector ETF (XLK) 0.01 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 31/100, drawdown 0/100, beta 1/100, earnings vol .

Sector regime
tailwind+15.9%sector vs S&P 500, 60d

via XLK

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite38.1 / 100
Capital allocation22
Earnings discipline63
Margin discipline30
Balance sheet50
Guidance credibility
Post-call reaction34
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Expand AI capabilities in HR and finance

    Product

    Workday aims to integrate AI into HR and finance workflows to deliver measurable value.

    Mixed

    Newly stated in 2026-Q1. Workday's focus on AI integration in HR and finance is part of its strategic direction, but financials do not yet reflect specific AI-driven revenue or cost impacts. The trajectory is in early stages with potential for future impact.

    0%
    CEO/CFO:CEO: 'AI gives us the chance to bring innovation back to HR and finance.'
    Press releaseSource dated 2026-02-24Stated 1 of last 8 quartersFirst seen 2026-02-24
    Show history (1)
    • 2026-Q1Press release

      AI gives us the chance to bring innovation back to HR and finance.

  • #2

    Increase subscription revenue

    Growth

    Workday targets growth in subscription revenue, aiming for $9.925 billion to $9.950 billion in fiscal 2027.

    Mixed

    Newly stated in 2026-Q1. Subscription revenues reached $8.833 billion in fiscal 2026, up 14.5% from the prior year. The target for fiscal 2027 represents a 12% to 13% growth goal. The trajectory shows strong growth, aligning with management's expectations.

    65%
    CEO/CFO:CFO: 'We expect fiscal 2027 subscription revenues of approximately $9.925 billion to $9.950 billion.'
    Press releaseSource dated 2026-02-24Stated 1 of last 8 quartersFirst seen 2026-02-24
    Show history (1)
    • 2026-Q1Press release

      We expect fiscal 2027 subscription revenues of approximately $9.925 billion to $9.950 billion.

  • #3

    Achieve non-GAAP operating margin of 30%

    Cost

    Workday aims for a non-GAAP operating margin of approximately 30% in fiscal 2027.

    Mixed

    Newly stated in 2026-Q1. The non-GAAP operating margin was 29.6% in fiscal 2026, up from 25.9% in the prior year. The target for fiscal 2027 is approximately 30%, indicating a trajectory of improving margins, consistent with management's guidance.

    0%
    CEO/CFO:CFO: 'We expect fiscal 2027 non-GAAP operating margin of approximately 30.0%.'
    Press releaseSource dated 2026-02-24Stated 1 of last 8 quartersFirst seen 2026-02-24
    Show history (1)
    • 2026-Q1Press release

      We expect fiscal 2027 non-GAAP operating margin of approximately 30.0%.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
63higher = cheaper

Roughly priced in line with peers.

Compared to its own history
96higher = cheaper

Cheaper than its own typical valuation.

P/E
22.3x
EV/EBITDA
FCF yield
7.9%

P/E over the last 5 years

41 monthly points
inexpensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
WDAY
Workday, Inc.
+25inexpensiveelevated
NVDA
NVIDIA Corporation
+20fullmoderate
AAPL
Apple Inc
+19fullmoderate
MSFT
Microsoft
+27fairelevated
AVGO
Broadcom
+11expensiveelevated
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.8%
A bad day (95th %ile)
A rough but not unusual down day.
-4.8%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-59.1%
Earnings-day move
How much price usually moves on earnings day.
elevatedas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If information_technology sector trend rises from +0.08 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently REAFFIRMED as of 2026-02-09)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently REAFFIRMED as of 2026-02-09)-8.0 pts
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
  • If information_technology sector trend falls from +0.08 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2414d agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On April 20, 2026, the Board of Directors of Workday, Inc. (“Workday”) amended and restated the Workday, Inc. Executive Severance and Change in Control Policy (the “Policy”). The purpose of the amendments to the Policy (the “Amendments”) is to revise and provide the following benefits in the event of a participant’s Non-CIC Qualifying Termination (a…

    executive changeneutralscore 41
  2. 2026-03-062mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers As previously reported, on February 6, 2026, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Aneel Bhusri, Workday’s co-founder and Executive Chair, as Chief Executive Officer (“CEO”) of Workday. In connection with his appointment as CEO, on March 5, 2026 (the “Grant Date”) Mr. Bhusri was granted the equity awards listed…

    executive changeneutralscore 19
  3. 2026-02-242mo agoItem 2.02

    Results of Operations and Financial Condition On February 24, 2026, Workday, Inc. (“Workday”) issued a press release announcing its results for its fiscal fourth quarter and full year ended January 31, 2026. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein. Workday uses its blogs.workday.com website as a means of disclosing material non-public information and for complying with its disclosure obligations under R…

    earnings preannouncementneutralscore 12
  4. 2026-02-092mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On February 6, 2026, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Aneel Bhusri, Workday’s co-founder and Executive Chair, as Chief Executive Officer (“CEO”) of Workday, effective February 6, 2026 (the “Effective Date”). Mr. Bhusri will remain as Workday’s Chair of the Board. In connection with Mr. Bhusri’s appointment…

    executive changeneutralscore 10
  5. 2026-02-043mo agoItem 2.02

    Results of Operations and Financial Condition Workday, Inc. (“Workday”) expects its fiscal 2026 fourth quarter and full-year financial results to be in-line with its guidance as provided on its fiscal 2026 third quarter earnings call on November 25, 2025, with the exception of its GAAP operating margin, due to the activities discussed in Items 2.05 and 2.06 below. Workday now expects its fiscal 2026 fourth quarter GAAP operating margin to be 24 to 25 percentage points lower than its fourth qu…

    earnings preannouncementneutralscore 8
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-03-06 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.