受AI威胁与营收展望悲观影响，Workday盘前大跌10%

Core Viewpoint - Workday's stock price fell approximately 10% due to increased macroeconomic uncertainty and a pessimistic revenue forecast, reflecting broader concerns in the software sector regarding spending cuts by enterprises [1] Group 1: Financial Performance and Forecast - Workday's subscription revenue for fiscal year 2027 is projected to be between $9.93 billion and $9.95 billion, which is below analyst expectations of around $10 billion [1] - The company's stock has declined about 40% year-to-date, exacerbated by fears that automation could impact traditional software revenue streams [1] Group 2: Market Dynamics and Competition - The software sector has experienced widespread sell-offs following the launch of new enterprise-level tools by AI startup Anthropic, raising investor concerns [1] - Piper Sandler analysts indicated that the performance guidance is unlikely to alleviate general investor worries about application-layer enterprises in the current environment of heightened scrutiny [1] Group 3: Leadership and Strategic Focus - Aneel Bhusri, co-founder of Workday, has resumed the role of CEO after stepping down in 2024, while continuing as chairman [2] - During the earnings call, Bhusri downplayed the notion that AI would replace traditional software [2] Group 4: Sales Cycle and Market Challenges - Workday reported elongated sales cycles, particularly in government, education, healthcare, and certain commercial markets, leading to delays in large enterprise transactions [1] - Despite the delays, most projects are still progressing, with some completed ahead of schedule in the first quarter [1]