What to Expect From Workday's Next Quarterly Earnings Report

Core Insights - Workday, Inc. (WDAY) is a cloud applications provider with a market cap of $63.8 billion, offering solutions in human capital, spend, financial management, payroll, and higher education [1] - The company is expected to announce its fiscal third-quarter earnings for 2026 soon [1] Earnings Expectations - Analysts predict WDAY will report a profit of $0.90 per share, an 11.1% increase from $0.81 per share in the same quarter last year [2] - For the full fiscal year, EPS is expected to be $3.77, reflecting a 123.1% increase from $1.69 in fiscal 2025, with a further rise to $5.12 in fiscal 2027, a 35.8% year-over-year increase [3] Stock Performance - WDAY stock has underperformed the S&P 500 Index, which gained 18.4% over the past 52 weeks, with WDAY shares showing only marginal gains [4] - Following the Q2 results announcement on August 21, WDAY shares fell by 2.8%, despite an adjusted EPS of $2.21 beating expectations of $2.09, and revenue of $2.4 billion surpassing the $2.3 billion forecast [5] Analyst Ratings - The consensus opinion on WDAY stock is bullish, with a "Strong Buy" rating from 26 out of 38 analysts, while three suggest a "Moderate Buy" and nine give a "Hold" [6] - The average analyst price target for WDAY is $283.41, indicating a potential upside of 18.6% from current levels [6]