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

Workday, Inc. (NASDAQ:WDAY) – Stock analysts at Zacks Research boosted their Q1 2026 earnings estimates for Workday in a research report issued on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the software maker will post earnings of $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.

A number of other brokerages also recently commented on WDAY. Mizuho upped their price objective on Workday from $280.00 to $320.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. Redburn Atlantic started coverage on shares of Workday in a research report on Wednesday, February 19th. They set a “neutral” rating for the company. Guggenheim reiterated a “neutral” rating on shares of Workday in a research report on Wednesday, February 26th. BNP Paribas upgraded shares of Workday to a “strong-buy” rating in a research report on Friday, February 14th. Finally, Citigroup cut their price target on Workday from $287.00 to $270.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Ten analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $300.36.

Workday Stock Down 0.4 %

NASDAQ:WDAY opened at $249.49 on Friday. 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 stock has a 50 day moving average of $256.76 and a 200-day moving average of $255.11. The firm has a market capitalization of $66.36 billion, a PE ratio of 41.37, a price-to-earnings-growth ratio of 3.55 and a beta of 1.38. Workday has a 52 week low of $199.81 and a 52 week high of $294.00.

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

Institutional Investors Weigh In On Workday

Institutional investors have recently bought and sold shares of the business. Roxbury Financial LLC purchased a new stake in shares of Workday in the fourth quarter worth approximately $25,000. Crews Bank & Trust purchased a new position in Workday in the fourth quarter valued at about $26,000. Avion Wealth increased its position in Workday by 452.6% in the 4th quarter. Avion Wealth now owns 105 shares of the software maker’s stock worth $27,000 after purchasing an additional 86 shares during the last quarter. Meeder Asset Management Inc. raised its stake in shares of Workday by 42.2% during the 3rd quarter. Meeder Asset Management Inc. now owns 145 shares of the software maker’s stock worth $35,000 after purchasing an additional 43 shares in the last quarter. Finally, TCTC Holdings LLC acquired a new stake in shares of Workday during the 4th quarter valued at about $35,000. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Wayne A.I. Frederick sold 1,829 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $253.09, for a total value of $462,901.61. Following the completion of the transaction, the director now owns 6,845 shares of the company’s stock, valued at approximately $1,732,401.05. This trade represents a 21.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director George J. Still, Jr. sold 7,500 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were 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 approximately $18,099,750. This trade represents a 9.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 473,001 shares of company stock worth $120,614,400 in the last three months. 20.00% of the stock is currently owned by insiders.

Workday Company Profile

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.