Here's Why Workday (WDAY) Fell More Than Broader Market
WorkdayWorkday(US:WDAY) ZACKS·2026-02-19 23:46

Company Performance - Workday's stock closed at $140.02, reflecting a -1.83% change from the previous day, which is less than the S&P 500's daily loss of 0.28% [1] - Prior to the latest trading session, Workday shares had decreased by 22.23%, underperforming the Computer and Technology sector's loss of 3.36% and the S&P 500's loss of 0.76% [1] Upcoming Earnings - Workday is set to release its earnings report on February 24, 2026, with an expected EPS of $2.3, indicating a 19.79% increase from the same quarter last year [2] - The consensus estimate projects revenue of $2.52 billion, reflecting a 14.11% rise from the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $9.07 per share and revenue of $9.54 billion, representing changes of +24.25% and +12.99% respectively from the previous year [3] - Recent changes to analyst estimates for Workday indicate a favorable outlook on the company's business health and profitability [3] Analyst Ratings - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Workday at 2 (Buy) [5] - Over the past month, there has been a 0.15% increase in the Zacks Consensus EPS estimate for Workday [5] Valuation Metrics - Workday's Forward P/E ratio is 13.49, which is a discount compared to the industry average Forward P/E of 19.62 [6] - The company has a PEG ratio of 0.62, indicating a favorable valuation relative to the Internet - Software industry's average PEG ratio of 1.1 [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 88, placing it in the top 36% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Here's Why Workday (WDAY) Fell More Than Broader Market - Reportify