Workday, Inc. (NASDAQ:WDAY) Short Interest Update

Workday, Inc. (NASDAQ:WDAY) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 15,643,040 shares, an increase of 20.4% from the February 12th total of 12,987,717 shares. Currently, 7.4% of the company’s stock are short sold. Based on an average daily volume of 7,111,798 shares, the short-interest ratio is presently 2.2 days. Based on an average daily volume of 7,111,798 shares, the short-interest ratio is presently 2.2 days. Currently, 7.4% of the company’s stock are short sold.

Workday Price Performance

Shares of NASDAQ WDAY opened at $135.17 on Wednesday. The firm’s 50-day moving average price is $161.65 and its 200-day moving average price is $204.48. The firm has a market capitalization of $34.74 billion, a P/E ratio of 52.39, a P/E/G ratio of 1.30 and a beta of 1.16. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.38. Workday has a 1-year low of $117.76 and a 1-year high of $276.00.

Workday (NASDAQ:WDAY) last posted its earnings results on Tuesday, February 24th. The software maker reported $2.47 EPS for the quarter, topping the consensus estimate of $2.32 by $0.15. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Workday had a net margin of 7.26% and a return on equity of 13.37%. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.92 earnings per share. Equities research analysts anticipate that Workday will post 2.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on WDAY. Piper Sandler reduced their target price on shares of Workday from $200.00 to $135.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. Barclays lowered their price target on shares of Workday from $230.00 to $200.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Cantor Fitzgerald reissued an “overweight” rating and set a $200.00 price target on shares of Workday in a report on Monday, February 23rd. Evercore downgraded shares of Workday from an “outperform” rating to an “in-line” rating and set a $160.00 price objective for the company. in a report on Wednesday, February 25th. Finally, BTIG Research decreased their price target on Workday from $230.00 to $175.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Nineteen equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $199.71.

Workday News Roundup

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday announced “Sana” — a global rollout of its conversational superintelligence (Sana for Workday, Sana Self‑Service Agent, and Sana Enterprise) aimed at automating HR/finance workflows and connecting Workday to apps like Gmail, Outlook and Salesforce; this product push could accelerate adoption and expand addressable spend. Read More.
• Positive Sentiment: Workday rolled out new AI agent control tools for enterprise customers, addressing governance and control concerns that often slow AI deployments — a practical move to help CIOs and procurement teams approve deployments. Read More.
• Positive Sentiment: Workday won a significant healthcare engagement: Fairview Health Services selected Workday as its core HR/finance platform for a multi‑year transformation (and Workday partnered with MRI Software to link facilities data) — a material enterprise win in a large vertical. Read More.
• Positive Sentiment: AppZen completed a Workday Design Approved integration for autonomous expense auditing, expanding Workday’s Marketplace ecosystem and making it easier for customers to adopt AI expense controls inside Workday. Read More.
• Neutral Sentiment: Workday is listed among Western U.S. companies expanding operations in Ireland alongside other tech names — a positive sign for international footprint but not an immediate revenue driver. Read More.
• Neutral Sentiment: Analyst/industry comparisons (WDAY vs. IBM) and coverage highlight mixed positioning: Workday’s growth is noted, but competitors’ cloud/AI strategies and estimate revisions create a mixed analyst backdrop. Read More.
• Negative Sentiment: Major shareholder David A. Duffield sold 107,500 shares (about $14.3M at the sale price), reducing his direct holding by ~50.6% — a large insider sale that can spook investors even if not tied to company fundamentals. Read More.
• Negative Sentiment: Critical commentary questions Workday’s seat‑based model in an era of autonomous AI agents (“AI agents don’t buy seats”) and notes the stock’s steep YTD decline, feeding skepticism about long‑term revenue implications of agent automation. Read More.

Insider Buying and Selling at Workday

In other news, CFO Zane Rowe sold 6,000 shares of Workday stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $208.75, for a total value of $1,252,500.00. Following the sale, the chief financial officer directly owned 159,158 shares in the company, valued at $33,224,232.50. This trade represents a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder David A. Duffield sold 107,500 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $147.16, for a total value of $15,819,700.00. Following the transaction, the insider directly owned 105,049 shares in the company, valued at $15,459,010.84. This trade represents a 50.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 636,862 shares of company stock valued at $103,687,476 over the last quarter. Insiders own 20.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WDAY. First Eagle Investment Management LLC purchased a new position in shares of Workday in the third quarter worth about $556,252,000. PKO Investment Management Joint Stock Co purchased a new stake in Workday during the 3rd quarter valued at about $1,805,000. Phoenix Financial Ltd. bought a new position in Workday during the 3rd quarter worth approximately $2,000,000. Rakuten Investment Management Inc. purchased a new position in Workday in the 3rd quarter worth approximately $124,718,000. Finally, Norges Bank purchased a new position in Workday in the 2nd quarter worth approximately $442,702,000. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Workday Company Profile

Workday, Inc (NASDAQ: WDAY) is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday’s platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company’s product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.