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]

Core Viewpoint - Workday's stock has underperformed recently, with a return of -24.3% over the past month compared to the S&P 500's -1.5% and the Zacks Internet - Software industry's -11.1% [1] Earnings Estimates Revisions - Workday is expected to post earnings of $2.30 per share for the current quarter, reflecting a year-over-year increase of +19.8% [4] - The consensus earnings estimate for the current fiscal year is $9.07, indicating a year-over-year change of +24.3%, with a slight increase of +0.2% over the last 30 days [4] - For the next fiscal year, the consensus estimate is $10.57, representing a +16.5% change from the previous year, with a +0.1% adjustment in the last month [5] - The Zacks Rank for Workday is 2 (Buy), indicating a positive outlook based on earnings estimate revisions [6] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $2.52 billion, showing a year-over-year increase of +14.1% [10] - For the current fiscal year, the revenue estimate is $9.54 billion (+13% year-over-year), and for the next fiscal year, it is $10.7 billion (+12.1% year-over-year) [10] Last Reported Results and Surprise History - Workday reported revenues of $2.43 billion in the last quarter, a +12.6% increase year-over-year, with an EPS of $2.32 compared to $1.89 a year ago [11] - The company exceeded the Zacks Consensus Estimate for revenues by +0.7% and for EPS by +8.92% [11] - Workday has consistently beaten consensus EPS and revenue estimates in the last four quarters [12] Valuation - Workday is graded D on the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [16] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is overvalued, fairly valued, or undervalued [14][15] Bottom Line - The Zacks Rank 2 suggests that Workday may outperform the broader market in the near term, despite recent underperformance [17]

Core Viewpoint - Workday (WDAY) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on an upward trend in earnings estimates, which significantly influences stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements, particularly due to institutional investors adjusting their valuations based on these estimates [3][5]. - An increase in earnings estimates typically leads to higher fair value for a stock, prompting institutional investors to buy or sell, which in turn affects stock prices [3]. Workday's Earnings Outlook - For the fiscal year ending January 2026, Workday is expected to earn $9.07 per share, which remains unchanged from the previous year, but the Zacks Consensus Estimate has increased by 8.5% over the past three months, reflecting a positive trend in earnings estimates [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [6]. - The upgrade of Workday to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term due to favorable earnings estimate revisions [9].

Core Insights - Workday's stock closed at $232.21, down 3.54% from the previous session, underperforming the S&P 500's gain of 0.34% [1] - Over the past month, Workday's shares increased by 5.17%, while the Computer and Technology sector rose by 8.07% and the S&P 500 by 3.54% [1] Earnings Expectations - Analysts expect Workday to report an EPS of $2.12, reflecting a 12.17% increase year-over-year [2] - Revenue is projected at $2.42 billion, an 11.84% rise from the same quarter last year [2] - For the fiscal year, earnings are estimated at $8.84 per share and revenue at $9.51 billion, indicating increases of 21.1% and 12.63% respectively from the prior year [3] Analyst Estimates and Stock Performance - Changes in analyst estimates for Workday are crucial as they often indicate shifts in near-term business trends [4] - Recent upward adjustments in estimates suggest a favorable outlook on Workday's business health and profitability [4] - The Zacks Rank system, which reflects these estimate changes, currently rates Workday as 1 (Strong Buy) [6] Valuation Metrics - Workday has a Forward P/E ratio of 27.22, which is lower than the industry's Forward P/E of 30.19, indicating a potential discount [7] - The company's PEG ratio stands at 1.28, compared to the Internet - Software industry's average PEG ratio of 2.3 [7] Industry Context - The Internet - Software industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 59, placing it in the top 24% of over 250 industries [8] - The top 50% rated industries tend to outperform the bottom half by a factor of 2 to 1 [8]

Market Overview - U.S. stock index futures showed little change as investors awaited the Federal Reserve's monetary policy announcement after a two-day meeting [1] - The Fed is expected to reduce borrowing costs by at least 25 basis points, influenced by indicators of a weakening jobs market [1] Interest Rate Expectations - Market participants anticipate a total interest rate reduction of approximately 68 basis points by the end of the year, based on data from LSEG [2] - Investors are particularly focused on Chair Jerome Powell's speech and the "dot plot" projections to assess future rate cuts [2] Market Sentiment and Volatility - Any hawkish signals from the Fed could disrupt positive investor sentiment and lead to market volatility [3] - The recent rally in Wall Street, with the S&P 500 and Nasdaq reaching record highs, is being tested by the upcoming Fed meeting [4] Company-Specific Developments - New Fortress Energy's stock surged by 48% after securing a liquefied natural gas supply agreement with the Puerto Rican government [5] - Workday's shares increased by 5.6% following news that activist investor Elliott Management acquired a stake exceeding $2 billion in the company [5]

Company Performance - Lifeward reported a quarterly loss of $0.58 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.25, and compared to a loss of $0.50 per share a year ago [1][2] - The company's revenues for the quarter ended June 2025 were $5.72 million, missing the Zacks Consensus Estimate by 11.53%, and down from $6.71 million in the same quarter last year [3] - Lifeward has not surpassed consensus EPS estimates in the last four quarters and has only topped revenue estimates once during that period [2][3] Stock Performance - Lifeward shares have declined approximately 58.6% since the beginning of the year, contrasting with a 10% gain in the S&P 500 [4] - The current Zacks Rank for Lifeward is 3 (Hold), indicating that the stock is expected to perform in line with the market in the near future [7] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is -$0.14 on revenues of $7.77 million, and for the current fiscal year, it is -$0.77 on revenues of $29.02 million [8] - The trend of estimate revisions for Lifeward was mixed ahead of the earnings release, which could change following the recent report [7] Industry Context - Lifeward operates within the Zacks Internet - Software industry, which is currently ranked in the top 30% of over 250 Zacks industries, suggesting a favorable industry outlook [9] - The performance of Lifeward's stock may be influenced by the overall outlook for the industry [9]

Company Performance - Workday's stock closed at $222.22, reflecting a -3.12% change from the previous day's closing price, underperforming the S&P 500, which lost 1.6% [1] - Over the past month, Workday shares declined by 5.12%, while the Computer and Technology sector gained 4.45% and the S&P 500 increased by 2.25% [1] Upcoming Financial Results - Workday is expected to report an EPS of $2.09, representing a 19.43% increase compared to the same quarter last year [2] - The consensus estimate for revenue is projected at $2.34 billion, indicating a 12.22% rise from the equivalent quarter last year [2] Annual Forecast - Zacks Consensus Estimates predict earnings of $8.7 per share and revenue of $9.5 billion for the year, reflecting increases of +19.18% and +12.45% respectively compared to the previous year [3] Analyst Estimates and Stock Price Correlation - Changes in analyst estimates for Workday are correlated with near-term stock prices, with positive revisions indicating optimism about the business outlook [4][3] Zacks Rank and Valuation - Workday currently holds a Zacks Rank of 3 (Hold), with a recent consensus EPS projection moving 0.05% lower [5] - The company is trading at a Forward P/E ratio of 26.35, which is a discount compared to its industry's Forward P/E of 28.71 [6] Industry Overview - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 75, placing it in the top 31% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Company Performance - Workday (WDAY) closed at $229.30, reflecting a -4.53% change from the previous day, underperforming the S&P 500 which gained 0.28% [1] - Prior to the latest trading session, Workday shares had decreased by 4.45%, lagging behind the Computer and Technology sector's gain of 6.2% and the S&P 500's gain of 4.37% [1] Upcoming Financial Results - Workday's upcoming EPS is projected at $2.09, indicating a 19.43% increase compared to the same quarter last year [2] - Revenue is expected to reach $2.34 billion, representing a 12.22% increase from the year-ago quarter [2] Annual Estimates - For the annual period, earnings are anticipated at $8.71 per share and revenue at $9.5 billion, reflecting increases of +19.32% and +12.46% respectively from the previous year [3] - Recent adjustments to analyst estimates for Workday may indicate positive near-term business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - Workday currently has a Forward P/E ratio of 27.59, which is a discount compared to the industry average Forward P/E of 29.03 [5] - The PEG ratio for Workday is 1.46, compared to the average PEG ratio of 2.24 for the Internet - Software industry [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 62, placing it in the top 26% of over 250 industries [6] - The Zacks Rank system, which includes estimate changes, has historically outperformed, with 1 stocks returning an average annual gain of +25% since 1988 [5]

Core Viewpoint - The market anticipates Workday (WDAY) to report a year-over-year increase in earnings driven by higher revenues, with a focus on how actual results compare to estimates [1][2]. Earnings Expectations - Workday is expected to post quarterly earnings of $1.99 per share, reflecting a year-over-year increase of +14.4% [3]. - Revenues are projected to reach $2.22 billion, which is an 11.3% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.39% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Workday is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +2.24% [10][11]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. - Workday currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Workday exceeded the expected earnings of $1.75 per share by delivering $1.92, resulting in a surprise of +9.71% [12]. - Over the past four quarters, Workday has consistently beaten consensus EPS estimates [13]. Industry Comparison - Zoom Communications (ZM), another player in the Zacks Internet - Software industry, is expected to report earnings of $1.30 per share, indicating a year-over-year decline of -3.7% [17]. - Zoom's consensus EPS estimate has been revised down by 0.4% over the last 30 days, with a negative Earnings ESP of -1.68%, making it challenging to predict an earnings beat [18].

Core Insights - Wireless Ronin Technologies Inc. reported quarterly earnings of $0.32 per share, significantly beating the Zacks Consensus Estimate of a loss of $0.12 per share, representing an earnings surprise of 366.67% [1] - The company posted revenues of $9.73 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 10.70%, and down from $12.29 million year-over-year [2] - The stock has underperformed, losing about 27.4% since the beginning of the year, while the S&P 500 gained 0.1% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is -$0.07 on revenues of $12.7 million, and $0.16 on revenues of $55.95 million for the current fiscal year [7] - The estimate revisions trend for Wireless Ronin Technologies is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Internet - Software industry, to which Wireless Ronin Technologies belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]