NasdaqGS:WDAYSoftware
Did Workday’s (WDAY) AI-Fueled Buyback and Guidance Hike Just Shift Its Investment Narrative?
In recent days, Workday has drawn fresh attention after analysts upgraded the company to a Buy rating, citing its attractive valuation, raised fiscal 2026 revenue guidance to US$9.54 billion, robust pro forma operating margins near 29%, and the launch of a US$4.00 billion share buyback program equal to about 7% of its market value.
Alongside this, Workday reported that AI-related products contributed more than 1.5 points of annual recurring revenue growth, with AI embedded in most new deals...