Results: Workday, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Workday, Inc. shares rose 2.4% to $205 after Q2 results beat expectations, with EPS of $2.57 vs. $1.00 forecast. Analysts now expect 2027 revenue of $10.7B and EPS of $5.75, up from $4.17. The consensus price target rose 12% to $206, with estimates ranging from $92 to $275. Revenue growth is expected to slow to 10% annually through 2027, below the industry average of 16%.
How this was made
The 30-second read
Why it matters
The earnings beat and raised price target suggest immediate buying interest, but slower revenue growth outlook may temper enthusiasm.
Market read
First‑report earnings disclosure with material EPS beat; likely to influence short‑term trading in Workday and related SaaS peers.
What to watch
Analyst price targets range widely ($92‑$275), indicating valuation uncertainty despite the beat.
Background
Workday's Q2 results were released after market close, showing a statutory profit of $2.57 per share versus expectations.
Ticker impact
Workday reported Q2 earnings beating EPS expectations by 158% and raised the consensus price target to $206.
Potential upside of 3‑5% over the next few trading sessions.
Earnings surprise and target lift are fresh, material, and the stock already moved 2.4% on the news.
Market effects
Positive earnings surprise may lift the broader enterprise‑software and SaaS sector.
U.S. cloud‑software stocks could see modest gains.
Limited to investors tracking U.S. tech earnings.
Counterpoint
The earnings beat may be a one‑off; revenue growth slowdown could pressure the stock longer term.
Key entities
- CompanyWorkday, Inc.
Enterprise‑software provider reporting Q2 earnings.




