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Workday: Solid Q1 Revenue, Earnings Beat, Stock Gets Punished For Cautious Guidance — These Analysts Revise Price Target
WDAYWorkday(WDAY) Benzinga·2025-05-24 00:42

Workday Inc WDAY tanked after the company on Thursday reported its fiscal first-quarter results.The announcement came amid an exciting earnings season. Here are some key analyst takeaways.KeyBanc Capital Markets On WorkdayAnalyst Jason Celino reiterated an Overweight rating, while reducing the price target from 335to335 to 325.Workday reported 12-month subscription backlog (cRPO) growth of 15.6%, above Street expectations of 15.1%, Celino said in a note. He added, however, that this includes "0.5 points of con ...