Workday, Inc. (WDAY) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Workday, Inc. Do?
Workday, Inc. provides enterprise cloud applications worldwide. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments, and to manage their business and operations. The company offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations. It also provides cloud spend management solutions that helps organizations to streamline supplier selection and contracts, manage indirect spend, and build and execute sourcing events, such as requests for proposals; Human Capital Management (HCM) solution, a suite of human capital management applications that allows organizations to manage the entire employee lifecycle from recruitment to retirement, and enables HR teams to hire, onboard, pay, develop, reskill, and provide employee experiences; Workday applications for planning; and applications for analytics and reporting, including augmented analytics to surface insights to the line of business in simple-to-understand stories, machine learning to drive efficiency and automation, and benchmarks to compare performance against other companies. It serves professional and business services, financial services, healthcare, education, government, technology, media, retail, and hospitality industries. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was incorporated in 2005 and is headquartered in Pleasanton, California. Workday, Inc. (WDAY) is classified as a large-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Aneel Bhusri and employs approximately 17,700 people, headquartered in Pleasanton, California. With a market capitalization of $33.2B, WDAY is one of the prominent companies in the Industrials sector.
Workday, Inc. (WDAY) Stock Rating — Reduce (April 2026)
As of April 2026, Workday, Inc. receives a Reduce rating with a composite score of 37.9/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.WDAY ranks #3,340 out of 4,446 stocks in our coverage universe. Within the Industrials sector, Workday, Inc. ranks #571 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
WDAY Stock Price and 52-Week Range
Workday, Inc. (WDAY) currently trades at $112.13. The stock lost $0.93 (0.8%) in the most recent trading session. The 52-week high for WDAY is $276.00, which means the stock is currently trading -59.4% from its annual peak. The 52-week low is $117.76, putting the stock -4.8% above its annual trough. Recent trading volume was 6.9M shares, reflecting moderate market activity.
Is WDAY Overvalued or Undervalued? — Valuation Analysis
Workday, Inc. (WDAY) carries a value factor score of 49/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 48.20x, compared to the Industrials sector average of 28.33x — a premium of 70%. The price-to-book ratio stands at 4.20x, versus the sector average of 2.23x. The price-to-sales ratio is 3.60x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, WDAY trades at 34.07x EV/EBITDA, versus 5.70x for the sector.
Overall, WDAY's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
Workday, Inc. Profitability — ROE, Margins, and Quality Score
Workday, Inc. (WDAY) earns a quality factor score of 39/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 8.7%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 3.8% versus the sector average of 3.3%.
On a margin basis, Workday, Inc. reports gross margins of 75.2%, compared to 35.8% for the sector. The operating margin is 8.4% (sector: 6.2%). Net profit margin stands at 8.2%, versus 3.9% for the average Industrials stock. Revenue growth is running at 12.6% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
WDAY Debt, Balance Sheet, and Financial Health
Workday, Inc. has a debt-to-equity ratio of 132.0%, compared to the Industrials sector average of 70.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.32x, suggesting adequate working capital coverage.
WDAY has a beta of 0.87, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Workday, Inc. is 58/100, reflecting average volatility within the normal range for its sector.
Workday, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Workday, Inc. reported revenue of $9.11B and earnings per share (EPS) of $2.61. Net income for the quarter was $680M. Gross margin was 75.2%. Operating income came in at $657M.
In FY 2026, Workday, Inc. reported revenue of $9.55B and earnings per share (EPS) of $2.61. Net income for the quarter was $693M. Revenue grew 13.1% year-over-year compared to FY 2025. Operating income came in at $721M.
In Q3 2026, Workday, Inc. reported revenue of $2.43B and earnings per share (EPS) of $0.95. Net income for the quarter was $252M. Revenue grew 12.6% year-over-year compared to Q3 2025. Operating income came in at $259M.
In Q2 2026, Workday, Inc. reported revenue of $2.35B and earnings per share (EPS) of $0.86. Net income for the quarter was $228M. Revenue grew 12.6% year-over-year compared to Q2 2025. Operating income came in at $248M.
Over the past 8 quarters, Workday, Inc. has demonstrated a growth trajectory, with revenue expanding from $2.16B to $9.11B. Investors analyzing WDAY stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
WDAY Dividend Yield and Income Analysis
Workday, Inc. (WDAY) does not currently pay a dividend. This is common among growth-oriented companies in the Business Services industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
WDAY Momentum and Technical Analysis Profile
Workday, Inc. (WDAY) has a momentum factor score of 16/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 28/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 63/100 reflects moderate short selling activity.
WDAY vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, Workday, Inc. (WDAY) ranks #571 out of 752 stocks based on the Blank Capital composite score. This places WDAY in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing WDAY against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full WDAY vs S&P 500 (SPY) comparison to assess how Workday, Inc. stacks up against the broader market across all factor dimensions.
WDAY Next Earnings Date
No upcoming earnings date has been announced for Workday, Inc. (WDAY) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy WDAY? — Investment Thesis Summary
The quantitative profile for Workday, Inc. suggests caution. The quality score of 39/100 flags below-average profitability. Momentum is weak at 16/100, a headwind for near-term performance.
In summary, Workday, Inc. (WDAY) earns a Reduce rating with a composite score of 37.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on WDAY stock.
Related Resources for WDAY Investors
Explore more research and tools: WDAY vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare WDAY head-to-head with peers: WDAY vs SOBO, WDAY vs TEN, WDAY vs GLDD.