Workday(WDAY)

Search documents
Workday Turns Up the Heat in the Next Wave of its Global Rock Star Campaign with Gwen Stefani, Travis Barker, and Billy Idol
Prnewswire· 2024-04-08 10:00
Rockers Express Disbelief Over Workday and the Corporate World Continuing to Call Each Other "Rock Stars"PLEASANTON, Calif., April 8, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY) is bringing rock back to the workplace with a clever new twist on the company's global campaign featuring iconic rock stars Gwen Stefani, Travis Barker, and Billy Idol. While the renowned artists tour through the office demanding to take their hard-earned titles back, this time the corporate world begins to challenge them on w ...
The average workday shrank by nearly an hour over the last 3 years, study finds
Business Insider· 2024-04-01 10:07
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWorkers are now putting in about four hours less a week compared to 2021.A new report by ActivTrak, a workforce analytics company, found that between the first quarter of 2021 and the third quarte ...
Workday (WDAY) Unveils Solution to Improve Business Agility
Zacks Investment Research· 2024-03-20 12:46
Workday, Inc. (WDAY) has introduced Workday Adaptive Planning and Consolidation, a cutting-edge solution amalgamating the robust planning capabilities of Workday Adaptive Planning with the comprehensive close and consolidation functionalities in Workday Financial Management. This innovative solution aims to revolutionize data management, financial reporting and analytics for enterprises, enhancing their efficiency and agility in navigating complex financial processes.Workday Adaptive Planning and Consolidat ...
eduMe Completes Workday Certified Integration
Prnewswire· 2024-03-19 14:00
The combination of eduMe with Workday boosts training engagement by making learning easily accessible in the daily workflow. Through two-way communication between Workday and eduMe, existing employee data in Workday Human Capital Management is connected to eduMe and content delivery from eduMe is automated.PLAYA VISTA, Calif., March 19, 2024 /PRNewswire/ -- eduMe, the training platform for companies with frontline workforces, today announced that it has achieved Workday Certified Integration status. eduMe, ...
Is It Worth Investing in Workday (WDAY) Based on Wall Street's Bullish Views?
Zacks Investment Research· 2024-03-08 15:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Workday (WDAY) .Workday currently has an average brokerage recommendation ...
Workday(WDAY) - 2024 Q4 - Annual Report
2024-03-07 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35680 WORKDAY, INC. (Exact name of registrant as specified in its charter) Delaware 20-2480422 (State or other juris ...
Down -6.41% in 4 Weeks, Here's Why Workday (WDAY) Looks Ripe for a Turnaround
Zacks Investment Research· 2024-03-05 15:36
A downtrend has been apparent in Workday (WDAY) lately with too much selling pressure. The stock has declined 6.4% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting ...
Workday, Inc. (WDAY) Morgan Stanley Technology, Media & Telecom Conference Call Transcript
2024-03-04 19:41
Summary of Workday, Inc. Conference Call Company Overview - **Company**: Workday, Inc. (NASDAQ: WDAY) - **Date**: March 4, 2024 - **Participants**: Carl Eschenbach (CEO), Keith Weiss (Morgan Stanley), Michael Lippert (Baron Capital) Key Industry Insights - **Market Dynamics**: The IT spending landscape is projected at $5 trillion, with software being the fastest-growing segment. Customers are focusing on productivity gains and cost savings, leading to a consolidation of platforms to reduce total cost of ownership [19][20]. - **Cloud Transition**: Only 20% to 25% of financial systems have transitioned to the cloud, indicating a significant opportunity for Workday as CFOs are increasingly open to moving to cloud solutions [9][10]. Core Company Insights Leadership Transition - Carl Eschenbach has been CEO for 15 months, transitioning from a co-CEO model with Aneel Bhusri as Executive Chair. The transition has been smooth and effective, serving as a model for similar transitions [3][4]. Customer Relationships - Workday has established strong trust with its customers, who view the company as a critical partner for managing their most important assets: people and finance [4][6]. Growth Opportunities 1. **Financials**: - Financials represent over 50% of Workday's addressable market. The company has been investing heavily in its go-to-market strategy to capture this opportunity, coinciding with a shift in customer sentiment towards cloud adoption [8][9][10]. - The sales cycle for financial solutions can be lengthy (12-18 months for large enterprises), but early signs indicate that investments are beginning to pay off [15][17]. 2. **International Expansion**: - Currently, 75% of revenues come from the U.S., while over 50% of the total addressable market lies outside the U.S. Workday is focusing on international growth by hiring experienced leaders and expanding partnerships [26][27][30]. - The company is leveraging its partner ecosystem to drive international deployments, particularly in financials [24][30]. 3. **Partner Ecosystem**: - Workday has expanded its partner programs significantly, including referral programs and co-selling initiatives, which are expected to drive new pipeline growth [34][36][39]. Financial Outlook - Workday projects a growth rate of 17% to 19% over the next three years, aiming to scale to $10 billion while expanding operating margins by 500 basis points [41][42]. The company remains open to achieving a 20% growth rate in the future, contingent on the success of its investments [63]. AI and Technology Integration - Workday has integrated AI into its platform over the past decade, focusing on ethical and responsible AI solutions. The company is leveraging its extensive data set (800 billion transactions annually) to enhance AI capabilities [46][47][49]. - Monetization strategies for AI include enhancing renewal rates, competitive win rates, and introducing AI-driven solutions like Talent Optimization [50][51][53]. Conclusion - Workday is positioned for durable growth through strategic investments in financials, international markets, and partnerships. The company is committed to maintaining operational efficiency while expanding its market presence and leveraging AI to enhance its offerings.
How Workday Stock Is Faring After Record High, Earnings
Schaeffers Research· 2024-02-29 20:18
Workday Inc (NASDAQ:WDAY) recently hit a Feb. 26 record high of $311.28, before a sharp pullback on the heels of its fourth-quarter earnings report. Though the software name announced strong results, the company warned of macro concerns into 2025, pushing the stock to a 4% drop on Feb. 27 -- its largest percentage loss since September. Today, WDAY is down 0.3% at $294.21, amid news that Morgan Stanley, which had been bullish on the stock, removed its position. Since the start of the year, Workday stock is u ...
Workday Stock Price is Working on a Buy-the-Dip Opportunity
MarketBeat· 2024-02-28 12:10
Key PointsWorkday's results are tepid relative to analysts' forecasts but enough to keep the analysts happy and catalyze upward price target revisions. Share repurchases help to offset the dilutive impact of share-based compensation. Share prices may fall now, but that is a near-term event.5 stocks we like better than WorkdayWorkday, Inc. NASDAQ: WDAY issued a lackluster FQ2 report that left the market wishing for more. However, as tepid as the results are, underperformance is relative to analysts' consensu ...