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Stock impact report

Workday, Inc. (WDAY) Down More Than 7.85% Since Q3 2026 Results, Here's What You Need to Know [Yahoo! Finance]

Workday, Inc. - Class A (WDAY) 
Last workday, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
7.85% a day after its fiscal Q3 2026 earnings release on November 25. The stock also remains down by 10.73% on a year-to-date basis. On December 1, Robert Simmons, CFA from Rosenblatt Securities, initiated a Hold rating on the stock with a price target of $45. Analyst Simmons maintained a cautiously optimistic outlook on the stock based on the company's future prospects and the market position. He noted that Workday, Inc.'s (NASDAQ:WDAY) core business, Human Capital Management, is expected to grow at a slower rate due to increased competition and market saturation. On the other hand, while the other businesses of the company are expected to grow at a faster pace, Simmons argues that they haven't shown any substantial impact on the overall growth of the company. Simmons highlighted that he remains optimistic regarding Workday's future prospects, driven by its strong margins. However, the stock currently trades at a premium to its peers. Therefore, Simmons initiated a Hold rating on Show less Read more
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