Workday CEO Eschenbach Calls AI a Tailwind, Not a Headwind
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 7h ago
0mins
Source: CNBC
- AI as a Business Booster: Workday CEO Carl Eschenbach stated at Davos that artificial intelligence serves as a tailwind for the company, countering market fears that AI could disrupt software business models, thus reflecting the company's confidence in future growth.
- Stock Price Fluctuations: Despite Workday's shares dropping 17% last year and another 15% since the start of 2026, Eschenbach emphasized that the company is leveraging first-party data to enhance its AI tools' competitiveness, aiming to maintain its industry leadership.
- Job Cuts for Investment: To increase investment in AI, Workday cut approximately 1,750 jobs last year, indicating the company's commitment to technological innovation and business transformation in the face of market pressures.
- Customer Trust: Eschenbach highlighted that Workday's incumbency in the enterprise market and the trust it garners from customers uniquely position the company to be one of the AI winners, underscoring its strategic positioning in the AI landscape.
Analyst Views on HUBS
Wall Street analysts forecast HUBS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HUBS is 582.08 USD with a low forecast of 450.00 USD and a high forecast of 800.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
27 Analyst Rating
24 Buy
3 Hold
0 Sell
Strong Buy
Current: 302.320
Low
450.00
Averages
582.08
High
800.00
Current: 302.320
Low
450.00
Averages
582.08
High
800.00
About HUBS
HubSpot, Inc. provides a customer platform that helps businesses connect and grow better. The Company delivers seamless connection for customer-facing teams with a unified platform that includes artificial intelligence (AI)-powered engagement hubs, a Smart CRM, and a connected ecosystem with over 1,700 app marketplace integrations, a community network, and educational content. Its AI-powered engagement hubs include Marketing, Sales, Service, Operations, Content, and Commerce, as well as other tools and integrations that enable companies to attract, engage, and delight customers throughout the customer lifecycle. Its customer platform features a central database of lead and customer interactions, and integrated applications designed to help businesses attract visitors to their websites, convert visitors into leads, close leads into customers, transact with those customers, and delight them so they become promoters of those businesses. Breeze is its AI that powers the customer platform.
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.
