Workday Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Workday, Inc. WDAY will release its first-quarter earnings results after the closing bell on Thursday, May 22.

Analysts expect the Pleasanton, California-based company to report quarterly earnings at $2.01 per share, up from $1.74 per share in the year-ago period. Workday projects to report quarterly revenue at $2.22 billion, compared to $1.99 billion a year earlier, according to data from Benzinga Pro.

On May 20, Workday announced the appointment of Edward Charter as country leader for Canada.

Workday shares fell 1.9% to close at $268.54 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

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WestPark Capital analyst Curtis Shauger initiated coverage on the stock with a Buy rating and a price target of $315 on May 6, 2025. This analyst has an accuracy rate of 67%.
Piper Sandler analyst Brent Bracelin maintained a Neutral rating and slashed the price target from $290 to $230 on April 23, 2025. This analyst has an accuracy rate of 75%.
Wells Fargo analyst Michael Turrin maintained an Overweight rating and cut the price target from $360 to $325 on April 22, 2025. This analyst has an accuracy rate of 63%.
Morgan Stanley analyst Keith Weiss maintained an Equal-Weight rating and slashed the price target from $275 to $250 on April 16, 2025. This analyst has an accuracy rate of 76%.
DA Davidson analyst Gil Luria maintained a Neutral rating and cut the price target from $270 to $230 on April 14, 2025. This analyst has an accuracy rate of 62%.

Considering buying WDAY stock? Here’s what analysts think: