Reported 1 day ago
Workday, Inc. (WDAY), with a market cap of $62.4 billion, provides enterprise cloud applications but has underperformed relative to the S&P 500 Index. Over the past year, WDAY stock is down nearly 4%, while the S&P has returned 17.1%. Even though the company reported better-than-expected earnings recently, shares fell 2.8% after the earnings report, primarily due to disappointing professional services revenue. Despite these challenges, analysts maintain a positive outlook, rating WDAY as a 'Strong Buy' with a target price of $280.44.
Source: YAHOO