智通财经APP注意到，人工智能正在彻底改变各个行业的支出方式，使英伟达(NVDA.US)、 AMD(AMD.US)等公司受益。但在一部分公司成为赢家的同时，投行 Wedbush Securities 也列出了一份 可能受到人工智能负面冲击的公司名单。 "就像过去的企业软件演进周期一样，颠覆者通常首先通过与较小的公司合作或在利基应用中取得成 功，然后才会威胁到大型企业核心职能中根深蒂固的竞争对手。面临最大威胁的包括 Adobe、Docusign 和 Workday。" 与此同时，Wedbush 将 Nice Systems(NICE.US)的评级从"跑赢大盘"下调至"中性"，并将目标价从 170 美 元下调至 120 美元。 最后，Wedbush 认为代理式 AI 对零售业的影响正在颠覆许多领域，包括 Instacart(CART.US)等中介机 构。 分析师解释道："自动驾驶车队无需人工劳动力即可运送人员和货物，这标志着交通运输经济学领域自 十年前网约车推出以来最具影响力的转变。我们预计这将带来巨大的颠覆，特别是在运输网络领域。随 着自动驾驶(AV)网络规模化，价值将流向拥有 (1) 车队、(2) 数据沉淀和 ...

FORT LAUDERDALE, Fla., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Gravity IT Resources, a specialized provider of technology staffing solutions, announced it has joined the Workday Partner Program. As a certified Workday Staffing Partner, Gravity IT Resources can leverage its referral-based talent attraction programs to attract top certified Workday consultants and sponsor non-certified Workday professionals in obtaining the latest certifications. This will help deploy top-tier staff augmentation talent across the W ...

Core Insights - Workday, Inc. has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Financial Planning Software for the fourth consecutive year, highlighting its strong position in the market [1][12] - The company provides an enterprise AI platform that enhances financial planning and analysis (FP&A) capabilities, enabling organizations to adapt quickly to changing business conditions and improve decision-making [2][3] Company Overview - Workday is an enterprise AI platform designed for managing people, money, and agents, unifying HR and Finance on a single intelligent platform [8] - The platform is utilized by over 11,000 organizations globally, including more than 65% of the Fortune 500 companies [8] Product Features and Benefits - Workday Adaptive Planning allows finance teams to quickly adapt plans and forecasts, improving accuracy and efficiency in financial analysis [6] - The platform incorporates predictive analytics and agentic AI solutions, such as Planning Agent, which can reduce data exploration and analysis time by 30% [6] - Workday enhances cross-departmental collaboration by integrating financial and operational data across various systems, supporting consistent and accurate processes [6] Customer Feedback - Positive customer testimonials highlight the seamless integration of Workday Adaptive Planning into budgeting processes, resulting in significant time savings and increased focus on value-added activities [6] - Users appreciate the user-friendly interface, expert implementation support, and the speed of issue resolution, indicating high satisfaction with the platform [6]

Core Insights - Workday, Inc. will have Gerrit Kazmaier, president of product and technology, present at the Barclays 23rd Annual Global Technology Conference on December 11, 2025 [1] - A live webcast of the event will be available on the Workday Investor Relations site, with a replay accessible for at least 90 days post-conference [2] Company Overview - Workday is an enterprise AI platform designed for managing people, money, and agents, integrating HR and Finance on a single intelligent platform [3] - The platform utilizes AI to empower users with clarity, confidence, and insights, enabling quick adaptation, better decision-making, and impactful outcomes [3] - Workday serves over 11,000 organizations globally, including more than 65% of the Fortune 500 companies [3]

Core Insights - Brown Advisory's Large-Cap Growth Strategy reported a net return of -0.88% in Q3 2025, underperforming the Russell 1000 Growth Index due to underweighting speculative momentum-driven stocks despite significant AI exposure [1] Company Summary: Workday, Inc. (NASDAQ:WDAY) - Workday, Inc. experienced a one-month return of -8.20% and a 52-week decline of 20.76%, closing at $213.06 per share with a market capitalization of $56.887 billion as of December 02, 2025 [2] - Brown Advisory exited its position in Workday during Q3 2025 due to slower-than-expected revenue growth, reallocating capital to Samsara Inc. for better growth opportunities [3] - Workday reported total revenue of $2.432 billion in fiscal Q3 2026, reflecting a year-over-year growth of 13% [4]

Core Viewpoint - Workday, Inc. (NASDAQ: WDAY) has received an Overweight rating from Cantor Fitzgerald with a price target of $280, despite a mixed market reaction to its Q3 fiscal 2026 results [1][2]. Financial Performance - Workday reported better-than-expected performance across key metrics, with total revenue, operating margin, and earnings per share exceeding consensus estimates [3]. - Subscription revenue surpassed expectations by $9 million, reflecting a 0.4% upside to analyst projections [3]. - Current remaining performance obligations (cRPO) growth was 17.7%, slightly above the previous 16%, and at the high end of the company's guidance range of 15-16% [4]. - Current subscription bookings increased by 19% year-over-year, or about 14% when excluding the $100 million cRPO impact from Paradox, marking a deceleration from the previous quarter's 16.8% growth [5]. - Operating margin was reported at 28.5%, exceeding the consensus estimate of 28.1%, contributing to earnings per share of $2.32 compared to the expected $2.16 [5].

Core Insights - Workday Inc. reported better-than-expected fiscal third-quarter results with non-GAAP earnings of $2.32 per share, exceeding the Zacks Consensus Estimate by 19 cents. Revenues increased by 12.6% year over year to $2.43 billion, surpassing estimates by $17 million [1] Segment Performance - Subscription revenues for the fiscal third quarter reached $2.244 billion, reflecting a 15% year-over-year growth. The company consistently outperformed estimates, with net sales exceeding the expected $2.23 billion [2] AI Integration and Growth Drivers - The adoption of AI solutions is significantly boosting Workday's offerings, with over 75% of customers utilizing Workday Illuminate AI, leading to over 1 billion AI actions on the platform. More than 75% of new deals and 35% of expansion deals included AI products, highlighting the importance of digital transformation across sectors [3] Industry Traction - Workday experienced strong growth in sectors such as technology, media, healthcare, and financial services. Healthcare has become the sixth industry to generate $1 billion in annual recurring revenue for Workday, with notable customer acquisitions including Ardent Health and Bayer [4] Financial Metrics - The 12-month subscription revenue backlog stood at $8.21 billion, up 17.6% year over year, while total subscription backlog reached $25.96 billion, increasing by 17%. Gross revenue retention remained high at 97% [5] Cost Structure - Sales and marketing expenses rose to $677 million from $620 million year-over-year, while general and administrative expenses increased to $234 million from $198 million. Subscription service costs also grew to $395 million from $329 million [6] Cash Flow and Debt - Workday generated $588 million in cash from operations in the fiscal third quarter, compared to $406 million in the previous year. The company had $2.6 billion in cash and cash equivalents and $2.98 billion in long-term debt as of October 31, 2024 [7] Share Buyback Program - In fiscal 2025, Workday repurchased 3.4 million shares for $803 million, with $4.4 billion remaining under its buyback program [8] Future Guidance - For the fourth quarter of fiscal 2026, Workday anticipates subscription service revenues of $2.35 billion, indicating a 15% growth. The company expects a non-GAAP operating margin of 28.5% [11] - For fiscal 2026, subscription revenues are projected to reach $8.82 billion, reflecting a 14% year-over-year growth, with a non-GAAP operating margin of 29% [12] - The company expects AI-driven investments and the first phase of delivery to the Department of Intelligence to contribute significantly to growth [13]

Core Insights - Workday (WDAY) stock is currently trading within a support zone of $204.57 to $226.11, where it has historically rebounded significantly, averaging a peak return of 20.6% over the past 10 years [2][4] - The company's Q3 FY2026 results exceeded revenue and EPS forecasts, showing a total revenue growth of 12.6% and a non-GAAP operating margin expansion of 28.5% [4] - Analysts generally rate Workday as 'Buy', with price targets indicating significant upside potential from current levels, which are near its 52-week low [4] Financial Performance - Workday's subscription backlog grew by 17.6% over the last 12 months, driven by AI-driven acquisitions, indicating strong market demand [4] - The company has a free cash flow margin of nearly 26.7% and an operating margin of 8.7% for the last twelve months [10] - The last three years have seen a minimum annual revenue growth of 13.9% for Workday [10] Market Conditions - The current market environment is tight, but Workday's leadership position, strong cash flow, and strategic AI integration provide a solid foundation for future growth [4] - Industry trends are favorable for cloud Human Capital Management (HCM) and AI adoption, supporting Workday's business model [4] Historical Performance - Workday has experienced significant stock declines in the past, including a drop of approximately 32% during the 2018 correction and nearly 43% amid the Covid pandemic [6] - Despite strong fundamentals, the stock can face substantial losses during market shifts, highlighting the volatility inherent in individual stocks [6][7]

Core Insights - U.S. stock markets are experiencing early trading gains despite a technical outage at CME Group, with major indexes set for significant weekly advances but monthly declines in November [1][4][5] Premarket Activity and Futures Movements - U.S. stock futures indicated slight gains before a technical issue at CME Group halted trading, with Nasdaq 100 futures up 0.2% to 0.3%, S&P 500 futures rising 0.1% to 0.2%, and Dow futures gaining 0.1% to 0.2% [2] - ETFs tracking major indices also showed premarket gains, with SPY, QQQ, and DIA up 0.7%, 0.8%, and 0.7% respectively [2] Commodity Markets - WTI crude futures rose 0.7% to $59.10 per barrel, while gold futures increased by 0.5% to around $4,220 to $4,221 per ounce [3] - Bitcoin continued its upward trend, trading between $91,300 and $91,450, with Coinbase Global seeing a premarket jump of 2.6% to 2.7% [3] Major Market Indexes - Major U.S. equities indexes are on track for their most significant weekly gains since June, with Nasdaq Composite up 4.2%, S&P 500 up approximately 3.2%, and Dow Jones Industrial Average up about 2.6% [4] - Despite these weekly gains, all three major indexes are expected to end November in negative territory, with Nasdaq down 2.15% to 2.2%, S&P 500 down 0.4%, and Dow down 0.29% to 0.3% [5] Market Sentiment - Market sentiment is driven by optimism regarding AI stocks and expectations of a Federal Reserve interest rate cut in December, with futures pricing reflecting over 80% probability of a quarter-point cut [5] Upcoming Market Events - Key economic releases to watch include the Manufacturing Conditions ISM for November on December 1 and the Services Conditions ISM on December 3 [6] - Core Private Final Consumption Deflator inflation data and Personal Spending data for September are expected on December 5 [6] Major Stock News and Corporate Developments - CME Group shares ticked lower in premarket trading following the technical outage [12] - Robinhood Markets shares gained 1.5% in premarket trading, building on an almost 11% surge earlier in the week [12] - Alphabet shares rose 1% to 1.5% after unveiling its advanced Gemini 3 AI model, nearing a $4 trillion market capitalization [12] - Jefferies Financial Group stock edged lower after reports of an SEC investigation [12] - Deere & Co. shares tumbled 5.7% after missing earnings estimates and providing a cautious outlook [12] - HP Inc. shares fell 1.4% following fourth-quarter revenues that lagged behind estimates [12] - Nutanix Inc. shares plunged 17.8% after revenues came in below expectations [12] - Workday Inc. plummeted 7.9% after failing to meet revenue guidance [12] - Symbotic shares jumped 12.95% after analysts raised price targets [12] - Zscaler declined 13.03% following price target cuts and cautious guidance [12] - Micron Technology gained 3.24% amid continued activity in AI and semiconductor sectors [12] - Nordic American Tankers reported a net book loss but announced a consistent dividend [12] - Wipro announced a multi-year partnership to revamp its IT landscape [12] - Tata Consultancy Services signed a five-year agreement with SAP for modernization [12] - Adani Enterprises subsidiary assumed operational control of AGHPort Aviation Services [12] - Refex Industries secured a significant order worth ₹100 crore [12]

Core Viewpoint - UBS has lowered the target price for Workday from $250 to $240 while maintaining a "Neutral" rating [1] Summary by Category Company Analysis - Workday's target price adjustment reflects a cautious outlook from UBS, indicating potential challenges ahead for the company [1] Market Implications - The decision to maintain a "Neutral" rating suggests that UBS does not foresee significant upside potential in Workday's stock at this time [1]