Core Insights - Workday Inc. (NASDAQ: WDAY) is one of the few technology companies still trading near its pre-pandemic levels, contrasting with many tech innovators that have significantly increased in value due to the AI hypergrowth wave and SaaS market expansion [1] Company Overview - Workday Inc. is positioned uniquely in the tech sector, maintaining stability in its stock price compared to peers that have experienced substantial gains [1]

Core Insights - The investment strategy focuses on acquiring strong businesses when they are undervalued, emphasizing a concentrated portfolio approach in various industries [1] - The current focus is on high-quality businesses, particularly in the technology sector, which have large user bases and content libraries, highlighting the potential for cross-selling opportunities [1] - The investment philosophy values companies at the EBIT plus R&D level, recognizing the importance of certain R&D investments [1] Performance Metrics - The annual return from February 2019 to October 2024 was reported at 11.4% CAGR, which is below the market's 15.18% CAGR [1] - The belief is that the knowledge gained since 2019 will enable future outperformance of the market [1] Investment Philosophy - The approach does not endorse traditional "Buy" and "Sell" recommendations, instead categorizing stocks into "Strong Buy" and "Strong Sell" based on their pricing relative to exceptional business quality [1] - A "Hold" position may be initiated for high-quality businesses if their pricing is not favorable [1]

Workday to Unify More Than 12 Disparate Systems Across Two Campuses to Provide Deeper Data Insights that Transform the Student ExperienceWorkday Will Simplify Everyday Tasks for Students, Accessible Anytime and Anywhere PLEASANTON, Calif., July 14, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the AI platform for managing people, money, and agents, today announced that Seattle University has selected Workday Human Capital Management (HCM), Workday Financial Management, and Workday Student to transform ...

Core Insights - The article provides a snapshot of the market capitalization changes of major global technology and internet companies as of July 14, 2025, highlighting both increases and decreases in value across various firms [1]. Market Capitalization Changes - Tesla's market cap increased by 1.17%, reaching $100.98 billion [3]. - Alibaba saw a slight increase of 0.08%, with a market cap of $255.2 billion [3]. - AMD experienced a rise of 1.57%, bringing its market cap to $23.74 billion [3]. - Companies like Oracle and SAP reported declines of 1.89% and 1.75%, respectively, with market caps of $64.76 billion and $35.31 billion [3]. - Notable declines included Adobe, which fell by 2.18%, with a market cap of $15.41 billion [4]. Noteworthy Performers - PayPal showed a significant increase of 5.73%, with a market cap of $6.3 billion [6]. - SMIC reported a rise of 2.07%, reaching a market cap of $607 million [6]. - Circle Internet PNG Group had a notable increase of 7.67%, with a market cap of $463 million [7]. Overall Trends - The overall trend indicates mixed performance among technology companies, with some experiencing growth while others face declines in market capitalization [1][3].

Company Performance - Workday (WDAY) closed at $229.30, reflecting a -4.53% change from the previous day, underperforming the S&P 500 which gained 0.28% [1] - Prior to the latest trading session, Workday shares had decreased by 4.45%, lagging behind the Computer and Technology sector's gain of 6.2% and the S&P 500's gain of 4.37% [1] Upcoming Financial Results - Workday's upcoming EPS is projected at $2.09, indicating a 19.43% increase compared to the same quarter last year [2] - Revenue is expected to reach $2.34 billion, representing a 12.22% increase from the year-ago quarter [2] Annual Estimates - For the annual period, earnings are anticipated at $8.71 per share and revenue at $9.5 billion, reflecting increases of +19.32% and +12.46% respectively from the previous year [3] - Recent adjustments to analyst estimates for Workday may indicate positive near-term business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - Workday currently has a Forward P/E ratio of 27.59, which is a discount compared to the industry average Forward P/E of 29.03 [5] - The PEG ratio for Workday is 1.46, compared to the average PEG ratio of 2.24 for the Internet - Software industry [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 62, placing it in the top 26% of over 250 industries [6] - The Zacks Rank system, which includes estimate changes, has historically outperformed, with 1 stocks returning an average annual gain of +25% since 1988 [5]

Core Insights - Workday's research reveals that 76% of employees lack clarity on contract ownership, leading to lost revenue and missed opportunities [2][4] - The report emphasizes the importance of contract intelligence in transforming contracts from static documents into strategic assets that drive business growth [3][4] Key Findings - A significant portion of employees (50% of legal and 49% of enterprise employees) report financial losses due to unintended auto-renewals, with sales and marketing departments being the most affected (60%) [4] - There is a disconnect between legal teams and other employees regarding contract approvals, with an 18% discrepancy indicating potential risks from bypassing legal processes [4] - Contracts are often fragmented across various systems, with 70% of legal and 50% of non-legal contracts stored in shared drives, which hinders holistic visibility and opportunity identification [4] - Over 41% of respondents believe that slow contract processes stifle innovation and productivity, particularly affecting departments like R&D and engineering (79%) [4]

Core Insights - Payslip has successfully launched its Global Payroll Connect (GPC) integration with Houlihan Lokey, marking a significant milestone as the first vendor-agnostic partner certified for GPC features [1][4] - The integration has resulted in an 82% increase in time-to-value for customers, showcasing the efficiency gains from using Payslip's platform [1][5] Company Overview - Payslip is a Global Payroll Technology Company that specializes in automating and standardizing global payroll operations, providing real-time visibility and compliance for enterprises [9] - Founded in 2016 and headquartered in Mayo, Ireland, Payslip has raised $16 million in funding from various venture investors [10] Integration Features - The Data Changes on Demand (DCoD) feature allows real-time data synchronization between Workday's HCM and Payslip's platform, enhancing operational efficiency [2] - The External Payroll Documents (ExPD) feature enables employees to access payslips and tax documents seamlessly within Workday, reducing manual workload and minimizing human error [2] Cost and Time Efficiency - The implementation of GPC for Houlihan Lokey required only 10 hours of work, significantly less than the estimated 56 hours needed by external developers, resulting in substantial cost savings [3] - The partnership aims to empower payroll professionals by simplifying operations and improving efficiency through a vendor-agnostic approach [7][8] Market Context - Organizations typically manage five or more payroll systems, leading to inefficiencies and data reconciliation issues; GPC aims to consolidate these operations within Workday [6] - The integration allows customers to retain their current payroll providers while benefiting from GPC features, enhancing flexibility [6]

Core Insights - Syssero has launched SyncStream, a new app designed to streamline mergers, acquisitions, and organizational restructuring within the Workday platform [1][4] - SyncStream was developed under the Built on Workday program, which allows partners to create and deploy apps on the Workday Platform, enhancing automation and data integrity [2] - The app aims to facilitate faster and more accurate organizational changes, providing a seamless experience across HR and Finance [3] Company Overview - Syssero is a Workday Services and Innovation Partner focused on helping small and midsize businesses scale effectively through managed services and custom integrations [5] - The company emphasizes a people-first approach and deep functional expertise in delivering enterprise transformation support [5] Product Features - SyncStream enables rapid setup, allowing organizations to launch new structures in hours rather than weeks [5] - The app ensures Workday-native security, protecting data without the need for spreadsheets or risky file transfers [5] - Automated data merging capabilities reduce errors and rework when integrating cost centers, organizational charts, and positions [5] - In-system approvals streamline the adoption process by routing changes through native business processes [5]

Core Insights - Order.co has appointed Larry Robinett as Head of Workday Accounts & Alliances to enhance strategic partnerships and increase the adoption of its Workday Built integration [1][3] Company Overview - Order.co is a leading B2B Ecommerce platform that simplifies business buying by integrating online shopping with purchase order and accounts payable automation [6] - The company was founded in 2016 and is headquartered in New York City, having raised $70 million in funding from notable investors [7][8] Leadership Background - Larry Robinett brings over 20 years of experience in enterprise software and strategic alliances, particularly within the Workday ecosystem, previously serving as Vice President of Sales and Partner Alliances at Ascend Software [2][4] Integration Benefits - The Workday Built integration allows customers to streamline procurement processes, enhancing control, efficiency, and cost savings [3][4] - Customers can utilize Integrated Search to purchase items from approved suppliers directly within the Workday portal, which simplifies the requisition process and reduces manual data entry [4][5] Customer Impact - Companies like WeWork and Hugo Boss have leveraged Order.co to centralize purchase-to-pay workflows, achieving an average savings of 5% on products [7] - The integration has been praised for saving time, effort, and money, as noted by Kyle Ingerman, Finance Transformations Senior Manager at WeWork [5] Workday Partnership - Order.co is recognized as a Workday Select Partner, collaborating closely with Workday to develop an embedded B2B Ecommerce experience within the Workday platform [4]

Group 1 - Workday, Inc. is facing increased competition, leading to concerns about its future performance, especially after issuing second-quarter sales guidance below estimates [1] - Applied Digital Corporation is viewed as a good speculative investment despite not being profitable [1] - CoreWeave Inc has divested its entire stake in Applied Digital, indicating a shift in investment strategy [2] Group 2 - DocuSign, Inc. reported quarterly earnings of $0.90 per share, exceeding analyst expectations of $0.81, with revenue of $763.7 million also beating estimates [3] - Danaher Corporation has disappointed investors, with a webcast scheduled for its quarterly earnings conference call on July 22 [3] - SM Energy Company is underperforming, with a downgrade from Raymond James analyst John Freeman from Outperform to Underperform [4] Group 3 - AST SpaceMobile, Inc. announced transactions resulting in the issuance of approximately 1.04 million incremental shares related to its 2032 convertible notes [2] - Recent stock performance shows Applied Digital shares fell 4.8% to $9.82, AST SpaceMobile shares dipped 6.1% to $49.97, DocuSign slipped 0.8% to $75.01, SM Energy fell 1.4% to $24.68, and Workday shares decreased by 2.4% to $233.46, while Danaher shares gained 1.8% to $201.00 [7]