- Prev close
- $200.17
- Day range
- $190.49 – $198.30
- Next earnings
- in 17 days
Workday’s latest move was modest at +1.2% while the Nasdaq 100 fell -3.5%, and the bigger picture is a software name with solid growth but a still-rich valuation and a recent 2.5% workforce cut. That mix reads more like a valuation-and-news reset than a clear deterioration.
WDAY
WORKDAY INC-CLASS A
As of Nov 1, 2026
66/100
Worth keeping an eye onHealth ScorePrimary driver: company-specific news and software rotation
Workday moved +1.2% even as the S&P 500 fell -1.8% and the Nasdaq 100 fell -3.5%, so the session did not track the broad market. The stock also sat inside a software rebound backdrop, but the more important driver is company-specific: the recent plan to cut about 2.5% of its workforce and take $65 million to $80 million in charges while revising its margin outlook. That makes this a stock-specific re-rating rather than a simple market move.
Volatility looks ordinary for the valuation
This looks like normal volatility for a company with good growth but a valuation that is still not cheap. Revenue is up 1.2% YoY (TTM) and 12.8% YoY in the latest quarter, EPS is up 127.9% YoY (TTM), and margins are healthy at 75.8% gross, 10.7% operating, and 12.3% net. But the stock still trades at 37.9 P/E and 15.7 forward PE, with a PEG of 2.12 — a PEG is P/E divided by earnings growth, so investors are still paying a premium for growth. Beta is 1.02, which is close to the market, yet the rich multiple means the shares can move more than the business headlines alone would suggest.
Earnings lens
The next earnings date is not available this period, so there is no confirmed print date to anchor a preview. The latest facts point to a business expected to keep growing at a strong pace: revenue is +13.3% YoY (TTM), the latest quarter is +12.8% YoY, EPS is +127.9% YoY (TTM), and margins stand at 75.8% gross, 10.7% operating, and 12.3% net. The market will be focused on whether subscription revenue and non-GAAP forecasts remain intact after the 2.5% workforce cut, whether the $65 million to $80 million charge affects GAAP margin more than management guided, and whether the UAE launch adds to the growth narrative.
This report is for informational and educational purposes only. It does not constitute financial, investment, tax, or legal advice. The platform does not recommend buying or selling any security.
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