What is DA Davidson’s Estimate for Workday Q1 Earnings?

Workday, Inc. (NASDAQ:WDAY) – Analysts at DA Davidson issued their Q1 2026 earnings per share (EPS) estimates for shares of Workday in a note issued to investors on Wednesday, February 26th. DA Davidson analyst G. Luria expects that the software maker will post earnings of $0.82 per share for the quarter. The consensus estimate for Workday’s current full-year earnings is $2.63 per share. DA Davidson also issued estimates for Workday’s FY2026 earnings at $3.74 EPS, FY2027 earnings at $5.02 EPS and FY2027 earnings at $5.02 EPS.

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

Other equities research analysts also recently issued reports about the company. Guggenheim restated a “neutral” rating on shares of Workday in a research note on Wednesday. Redburn Atlantic initiated coverage on Workday in a research note on Wednesday, February 19th. They set a “neutral” rating for the company. Morgan Stanley downgraded Workday from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $330.00 to $275.00 in a research note on Wednesday, February 19th. JPMorgan Chase & Co. boosted their price objective on Workday from $285.00 to $310.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Scotiabank boosted their price objective on Workday from $340.00 to $355.00 and gave the company a “sector outperform” rating in a research note on Thursday. Ten investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $302.14.

Workday Trading Down 3.9 %

Workday stock opened at $260.57 on Friday. The business has a 50-day simple moving average of $259.89 and a two-hundred day simple moving average of $254.28. The company has a market cap of $69.31 billion, a P/E ratio of 43.21, a P/E/G ratio of 3.55 and a beta of 1.35. Workday has a 52-week low of $199.81 and a 52-week high of $298.50. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.35.

Insider Buying and Selling

In related news, major shareholder David A. Duffield sold 70,090 shares of the stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $254.53, for a total value of $17,840,007.70. Following the sale, the insider now directly owns 102,997 shares of the company’s stock, valued at $26,215,826.41. This represents a 40.49 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Richard Harry Sauer sold 3,677 shares of the stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $251.90, for a total transaction of $926,236.30. Following the completion of the sale, the insider now directly owns 79,576 shares in the company, valued at $20,045,194.40. This trade represents a 4.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 433,321 shares of company stock valued at $111,763,803 in the last ninety days. 20.00% of the stock is owned by company insiders.

Institutional Trading of Workday

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bristlecone Advisors LLC raised its position in Workday by 49.6% in the 4th quarter. Bristlecone Advisors LLC now owns 2,921 shares of the software maker’s stock worth $754,000 after purchasing an additional 968 shares during the period. Sanctuary Advisors LLC increased its position in shares of Workday by 7.2% during the third quarter. Sanctuary Advisors LLC now owns 29,633 shares of the software maker’s stock worth $7,934,000 after acquiring an additional 1,978 shares during the period. Grafton Street Partners Fund LP purchased a new position in shares of Workday during the third quarter worth approximately $4,424,000. ICICI Prudential Asset Management Co Ltd increased its position in shares of Workday by 32.4% during the third quarter. ICICI Prudential Asset Management Co Ltd now owns 31,878 shares of the software maker’s stock worth $7,791,000 after acquiring an additional 7,802 shares during the period. Finally, Nordea Investment Management AB increased its position in shares of Workday by 20.5% during the fourth quarter. Nordea Investment Management AB now owns 702,990 shares of the software maker’s stock worth $182,753,000 after acquiring an additional 119,769 shares during the period. 89.81% of the stock is owned by hedge funds and other institutional investors.

About Workday

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.