Workday Shares Surge After Strong Q1 Earnings Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 03 2026
0mins
Source: Yahoo Finance
Workday's stock price increased by 5.02% as it crossed above the 5-day SMA, reflecting a positive market reaction to its recent earnings report.
The company reported Q1 revenue of $2.54 billion, exceeding analysts' expectations of $2.52 billion, which indicates robust growth potential. Additionally, subscription revenue surged by 14.3% to $2.35 billion, driven by strong demand for its AI-powered software services. This strong earnings performance has boosted investor confidence, leading to a significant rise in share price despite previous year-to-date declines.
The implications of this earnings beat suggest that Workday is well-positioned for future growth, particularly with its ongoing investments in AI capabilities, which are expected to enhance customer adoption and deepen usage of its services.
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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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