Workday Reports Strong Q1 Results, Exceeds Earnings and Revenue Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2026
0mins
Source: Newsfilter
Workday's stock rose by 11.05% as it reached a 20-day high, following the announcement of its strong Q1 results. The company reported a revenue of $1.2 billion, surpassing analyst expectations of $1.15 billion, and earnings per share of $1.20, exceeding the forecast of $1.05. This robust performance reflects successful cost control and operational efficiency, enhancing investor confidence.
The strong quarterly results have led to several analysts raising their price targets for Workday, indicating optimistic expectations for its future growth potential. Additionally, the CEO's comments on the company's readiness to integrate AI features into future products suggest further business growth opportunities, which may drive the stock price upward.
Overall, Workday's impressive earnings report not only highlights its solid market position but also positions the company favorably for future growth, particularly in the cloud computing sector.
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Analyst Views on WDAY
Wall Street analysts forecast WDAY stock price to rise
31 Analyst Rating
22 Buy
9 Hold
0 Sell
Moderate Buy
Current: 130.010
Low
235.00
Averages
275.19
High
325.00
Current: 130.010
Low
235.00
Averages
275.19
High
325.00
About WDAY
Workday, Inc. is an enterprise artificial intelligence (AI) platform for managing people, money, and agents. The Company provides organizations with cloud solutions powered by artificial intelligence (AI) to solve business challenges, including supporting and empowering the workforce, managing finances and spending. It offers a suite of cloud-based enterprise solutions that address the needs of the C-suite on a platform designed to be open, extensible, and configurable, allowing integration with other applications and the ability for customers and partners to build custom applications. It offers Workday Build, which is an open developer platform that provides customers and partners with the ability to create and share AI-powered solutions. It serves financial services, government, healthcare, higher education, hospitality, manufacturing, professional and business services, retail, technology and media, and transportation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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