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Stock impact report

Workday (WDAY) Earns Buy Rating as BTIG Calls Outlook “De-Risked” [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
On December 17, BTIG started coverage of Workday, Inc. (NASDAQ:WDAY) with a Buy rating and a $285 price target. According to the analyst, the stock has gone nowhere for about two years, despite annual subscription revenue growing 16% and free cash flow rising about 18%. BTIG views next year's numbers as “de-risked.” Workday, Inc. (NASDAQ:WDAY) shares are down nearly 14% so far in 2025. Software stocks have struggled this year as investors worry that generative AI tools, especially those that can write code quickly, could disrupt established players. Workday has been leaning into that shift. It rolled out several AI agents this year and added new capabilities through small acquisitions. In early November, the company closed its $1.1 billion purchase of Sana, an AI-driven learning software firm. Even so, the stock stayed under pressure, which further picked up after the third-quarter earnings. For the fiscal year ending January 2026, Workday, Inc. (NASDAQ:WDAY) forecast $8.83 billi Show less Read more
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