Workday (WDAY) Stock

I reiterate my "buy" rating on Workday with a price target of $336, as demand for its AI solutions strengthen with expanding profit margins. Workday's Q3 FY25 earnings showed revenue and earnings growing 15.8% and 23% YoY respectively, driven by a growing number of customers adopting full-suite solutions to maximize ROI. Despite slightly lowered FY25 revenue guidance, management remains confident in FY27 targets, supported by a robust AI product pipeline and partner ecosystem.

Sarat Sethi, Managing Partner at DCLA, joins CNBC's "Halftime Report" to explain why he's buying more Workday as shares move lower after earnings.

Shares of Workday (WDAY) sank 8% Wednesday, a day after the human resources software firm predicted weaker-than-expected full-year subscription services revenue.

WDAY reports strong third-quarter fiscal 2025 results, backed by growing demand for human capital and financial management solutions across several sectors.

Management said it signed a number of large strategic deals but there will be a delay before they are recognized in revenue.

Workday, Inc. WDAY shares are trading lower on Wednesday.

Workday, Inc. (NASDAQ:WDAY ) Q3 2025 Earnings Conference Call November 26, 2024 4:30 PM ET Company Participants Justin Furby - VP of IR Carl Eschenbach - CEO Zane Rowe - CFO Doug Robinson - Co-President Conference Call Participants Kirk Materne - Evercore Mark Murphy - JPMorgan Kash Rangan - Goldman Sachs Michael Turrin - Wells Fargo Brad Zelnick - Deutsche Bank Brad Sills - Bank of America Karl Keirstead - UBS Brent Thill - Jefferies Raimo Lenschow - Barclays Alex Zukin - Wolfe Research Operator Hello, welcome to Workday's Fiscal 2025 Third Quarter Earnings Call. At this time, all participants are in a listen-only mode.

Although the revenue and EPS for Workday (WDAY) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Workday (WDAY) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to earnings of $1.53 per share a year ago.