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WDAY

Workday, Inc.

At today's price, Workday, Inc. (WDAY) is priced for today's economics sustained for ~8.2 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
today's economics sustained for ~8.2 years
Priced In
elevated

Key Takeaways

• Workday sells cloud applications for human resources and finance on a subscription, and the subscription is the franchise: subscription revenue rose 14.3% to $2.354 billion in the first quarter of fiscal 2027, on top of a high gross revenue retention rate that keeps the existing base intact [Source: Q1 FY2027 earnings release, May 21 2026; FY2025 10-K, accession 0001327811-25-000056]. • The biggest risk is the price, not the operations: at $117 the asset-value and earnings-power methods read t

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Institutional ownership

909 institutional managers reported holding WDAY in 13F filings for the quarter ended 2026-03-31. Together they hold about 73% of the company; the top 10 hold 38%. 131 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 28.8M shares were sold short as of the 2026-06-15 count, about 11% of shares outstanding (5.8 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

WDAY's share count grew 2.8% over the past five years even with $5.68B spent on repurchases. It pays no dividend. Cash returned over the past three years: $5.61B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at WDAY over the trailing three years. Absence is a fact about the company, not a signal. 19 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

WDAY's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-25+2.9%-13.1%
2023-11-29+11.7%+10.5%
2024-03-09-3.5%-6.8%
2024-05-30-15.0%+7.3%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

WDAY's latest 8-K filings: 2026-06-22 (items 5.07); 2026-05-21 (items 2.02, 9.01); 2026-04-24 (items 9.01); 2026-03-06 (items 5.02); 2026-02-24 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 28, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.