Group 1: Company Overview - Workday, Inc. (NASDAQ:WDAY) specializes in enterprise cloud applications, focusing on financial management and human capital management software, competing with Oracle and SAP [1] - The current market capitalization of WDAY is approximately $40.9 billion, indicating its substantial presence in the market [3] Group 2: Leadership Changes - The current CEO is stepping down, and cofounder Aneel Bhusri is returning to the CEO position for the fourth time, which could impact investor sentiment and the company's strategic direction [2][5] Group 3: Stock Performance - WDAY's stock price is currently $153.18, reflecting a decrease of 5.98% or $9.75, potentially influenced by leadership changes [2] - The stock has shown volatility, with a yearly high of $281 and a low of $147.35, indicating significant price movement [3][5] - Today's trading volume for WDAY is 6,454,204 shares, suggesting active investor interest [4] Group 4: Analyst Insights - Stifel Nicolaus analyst Brad Reback has lowered the price target for WDAY from $235 to $175, indicating a potential upside of approximately 14.33% [1][5]
Workday, Inc. (NASDAQ:WDAY) Faces Leadership Changes and Revised Price Targets