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The latest update is out from Workday ( (WDAY) ).
On February 4, 2026, Workday detailed plans to trim roughly 2% of its workforce—mainly non-revenue roles in Global Customer Operations—while continuing targeted hiring across strategic, revenue-generating areas, signaling a pivot toward higher-priority initiatives for fiscal 2027. The restructuring will trigger about $135 million in fourth-quarter fiscal 2026 charges, including cash severance and benefits plus significant non-cash impairments tied to office space and long-lived assets, with completion expected by early fiscal 2027 pending local requirements.
The most recent analyst rating on (WDAY) stock is a Hold with a $200.00 price target. To see the full list of analyst forecasts on Workday stock, see the WDAY Stock Forecast page.
Spark’s Take on WDAY Stock
According to Spark, TipRanks’ AI Analyst, WDAY is a Outperform.
The score is driven primarily by strong financial quality (low leverage and solid cash flow) and a positive earnings-call outlook with continued subscription growth, expanding backlog, and improving operating metrics. These strengths are partially offset by weak technical momentum (below key moving averages with negative MACD) and a demanding valuation (high P/E with no dividend yield provided).
To see Spark’s full report on WDAY stock, click here.
More about Workday
Workday, a cloud-based enterprise software provider, delivers finance, human capital management, and analytics applications aimed at large global enterprises seeking unified systems for core business operations.
Average Trading Volume: 3,247,205
Technical Sentiment Signal: Sell
Current Market Cap: $45.6B
See more insights into WDAY stock on TipRanks’ Stock Analysis page.