Workday Reports Q1 Revenue of $2.54B, Issues Strong FY27 Guidance, Analysts Adjust Targets
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Workday reported Q1 revenue of $2.54 billion and EPS of $0.87, building on previously announced strong results. The company issued Q2 revenue guidance of approximately $2.63 billion and full-year revenue guidance of $10.63-$10.66 billion, alongside a free cash flow projection of around $3.1 billion. Analysts have begun revising targets, with some cuts (Citigroup, Needham) and some raises (KeyBanc), reflecting initial market reactions to the detailed outlook.
At the time of this announcement, WDAY was trading at $127.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $32.1B. The 52-week trading range was $110.36 to $273.80. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.