Workday에 대한 매도 수량은 투자자에게 Workday의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Workday (NASDAQ:WDAY) 주식, 공매도 수량 보고

Workday

Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 18,000 employees.

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이들 11개 대형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 카바 그룹(NYSE:CAVA)은 예상보다 나은 2분기 실적에 지난주 주가가 25.55% 상승했으며 FY24 조정 EBITDA 전망도 상향 조정되었다. 또한 여러 투자 은행들이 각각의 주식 가격 예측을 높였다. 

줌 비디오 및 타깃은 지난주 최고 성과를 보여준 11개 대형주 중 일부 (8월 18일-8월 24일)

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미국 주요 주가 지수는 목요일 하락세로 마감했다. 다우존스 산업평균지수는 1.5% 하락한 39,065.26을 기록했고, S&amp;P 500 지수는 0.7% 하락한 5,267.84를 기록했다. 나스닥 지수도 0.4% 가까이 하락한 16,736.03으로 장을 마감했다. 이들은 오늘 하루 동안 소매 트레이더와 투자자들의 주목을 끈 주요 주식이다:

목요일 주목받은 주식 5종목: 보잉, 인튜이트, 워크데이, 마이크론 테크놀로지, 테슬라

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워크데이(NASDAQ:WDAY)는 목요일 시장 마감 이후 1분기 재무 결과를 발표했다. 세부 사항을 살펴보자. 주요 내용 (The Details): 워크데이는 분기별 순이익을 주당 1.74달러로 보고했는데, 이는 애널리스트 컨센서스 추정치 1.58달러를 10.13% 앞선 것이다.

워크데이: 양호한 1분기 실적에도 2분기 전망 하향 조정으로 주가 급락

Workday Inc

WORKDAY CL A ORD

Analysts' ratings for Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) over the last quarter vary from bullish to bearish, as provided by 22 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">6</td>
<td align="right">10</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">4</td>
<td align="right">7</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Workday and provided 12-month price targets. The average target is $294.05, accompanied by a high estimate of $350.00 and a low estimate of $255.00. This upward trend is evident, with the current average reflecting a 3.14% increase from the previous average price target of $285.09.
<img src="https://www.benzinga.com/files/images/story/2024/1731607212_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A comprehensive examination of how financial experts perceive Workday is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Yun Kim</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Hold</td>
<td>$270.00</td>
<td>$255.00</td>
</tr>
<tr>
<td>Steven Enders</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$270.00</td>
<td>$274.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$315.00</td>
<td>$315.00</td>
</tr>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$305.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Daniel Jester</td>
<td>BMO Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$300.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$285.00</td>
<td>$285.00</td>
</tr>
<tr>
<td>David Hynes</td>
<td>Canaccord Genuity</td>
<td>Maintains</td>
<td>Buy</td>
<td>$300.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$300.00</td>
<td>$260.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$289.00</td>
<td>$286.00</td>
</tr>
<tr>
<td>Jason Celino</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$305.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$310.00</td>
<td>$290.00</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$270.00</td>
<td>$255.00</td>
</tr>
<tr>
<td>David Hynes</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$300.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Yun Kim</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Hold</td>
<td>$255.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$350.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Brad Reback</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$270.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$315.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Brad Zelnick</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$275.00</td>
<td>$265.00</td>
</tr>
<tr>
<td>Brad Sills</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$310.00</td>
<td>$265.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$285.00</td>
<td>$262.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$290.00</td>
<td>$300.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Workday. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Workday compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Workday's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/WDAY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Workday analyst ratings.</a>
<h2>Discovering Workday: A Closer Look</h2>
Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 18,000 employees.
<h3>Workday's Financial Performance</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Positive Revenue Trend: Examining Workday's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 16.68% as of 31 July, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Workday's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 6.33%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Workday's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.6%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Workday's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.82%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Workday's debt-to-equity ratio is below the industry average at 0.4, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Expert Outlook: Workday Through The Eyes Of 22 Analysts

Loop Capital analyst Yun Kim maintains Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Hold and raises the price target from $255 to $270.

Price Target

Loop Capital Maintains Hold on Workday, Raises Price Target to $270

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Shares of software companies are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

Partnership Will Put Compa's Market Intelligence Data at the Fingertips of Workday Customers, Empowering Them to Make Competitive, Data-Driven Hiring Decisions and Foster Pay Equity
PLEASANTON and NEWPORT BEACH, Calif., Nov. 4, 2024 /PRNewswire/ -- <a href="https://www.workday.com/">Workday, Inc.</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>), a leading provider of solutions to help organizations manage their <a href="https://www.workday.com/en-us/products/human-capital-management/overview.html">people</a> and <a href="https://www.workday.com/en-us/products/financial-management/overview.html">money</a>, and <a href="https://www.trycompa.com/">Compa</a>, the leading provider of software-delivered market data, today announced a partnership to bring Compa's real-time market intelligence directly into Workday, helping companies make more informed pay decisions to attract and retain top talent.

Workday and Compa Announce A Partnership To Bring Compa's Real-Time Market Intelligence Directly Into Workday, Helping Companies Make More Informed Pay Decisions

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock&#39;s price, do they really matter?
Let&#39;s take a look at what these Wall Street heavyweights have to say about Workday (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wday#NASDAQ">WDAY</a>) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Workday currently has an average brokerage recommendation&nbsp;of 1.65, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 34 brokerage firms. An ABR of 1.65 approximates between Strong Buy and Buy.
Of the 34 recommendations that derive the current ABR, 23 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 67.7% and 5.9% of all recommendations.
<h2>Brokerage Recommendation Trends for WDAY</h2>
<img alt="Broker Rating Breakdown Chart for WDAY" class="chart" src="https://staticx-tuner.zacks.com/images/yesopchart/brokerage_bar/WDAY_10182024.png" style="width:100%" title="" /> 
The ABR suggests buying Workday, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every &quot;Strong Sell&quot; recommendation, brokerage firms assign five &quot;Strong Buy&quot; recommendations.
In other words, their interests aren&#39;t always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock&#39;s price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock&#39;s near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
<h2>Zacks Rank Should Not Be Confused With ABR</h2>
In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers&#39; vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company&#39;s changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
<h2>Is WDAY a Good Investment?</h2>
In terms of earnings estimate revisions for Workday, the Zacks Consensus Estimate for the current year has increased 0.2% over the past month to $6.97.
Analysts&#39; growing optimism over the company&#39;s earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Workday.
Therefore, the Buy-equivalent ABR for Workday may serve as a useful guide for investors.
<a href="https://www.zacks.com/stock/news/2353037/is-it-worth-investing-in-workday-wday-based-on-wall-street-s-bullish-views?cid=CS-BENZ-FT-fundamental_analysis|average_broker_rating-2353037">To read this article on Zacks.com click here.</a>

Trading Ideas

Is It Worth Investing in Workday Based on Wall Street's Bullish Views?

Juniper Networks, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jnpr#NYSE">JNPR</a>) recently announced that JATCO Ltd., one of the major players in the automotive transmission industry, has selected JNPR&#39;s AI native networking portfolio to upgrade its WiFi network. JNPR&#39;s offerings include Mist AI, which harnesses data science and machine learning capabilities to ensure network performance optimization.
JATCO has deployed Juniper AP43 and Juniper AP63 Access Points to leverage the power of Juniper purpose-built AIOps(Artificial Intelligence for IT Operations). The AP43 high-performance WiFi 6 access points efficiently analyze data collected for all wireless clients in real time. This allows for swift problem detection, and root cause identification and delivers predictive recommendations to accelerate the troubleshooting process. The Juniper AP63 is a highly durable and weather-resistant access point. The solution offers real-time network insights, location services, and automated network operations. This leading-edge feature suite makes the JNPR access points suitable for multiple deployment scenarios including large-scale manufacturing facilities.
JATCO, owned by Nissan, Mitsubishi Motors, and Suzuki, commenced its operation in 1970. The company specializes in Continuously Variable Transmissions for vehicles with legacy internal combustion engines. Leveraging its deep expertise in advanced industrial technology, the company is aiming to mass produce electric powertrains aligning with a worldwide shift toward sustainable transportation and growing adoption of electric vehicles. However, with expanding operations, JATCO is facing several difficulties in supporting frontline sites such as production factories and back offices with its existing WiFi infrastructure. Its outdated WiFi system requires constant troubleshooting, which is pushing up the operational cost and hindering efficiency.
Juniper&#39;s industry-leading AI-powered networking solution has effectively addressed these operational challenges. It has simplified network management, reduced configuration errors, and freed up IT personnel to focus on innovation. The system&#39;s secure, high-quality connections deliver consistent and reliable performance to employees. The upgrades significantly improved cost efficiency and productivity, bolstering return on investment. Experiencing its effectiveness in back office operations, JATCO eventually plans to integrate the JNPR solution across its entire network.
<h2>Will This Collaboration Drive JNPR&#39;s Share Price Performance?</h2>
Juniper&#39;s recent collaboration with JATCO reflects a broader industry trend where enterprises are expediting digital transformation and network modernization initiatives to enhance operational efficiency and boost competitive edge. Juniper&#39;s comprehensive portfolio of AI native networking solutions is witnessing solid market traction owing to this trend. Recently, South Korea-based lighting technology firm Seoul Semiconductor also deployed JNPR&#39;s networking solution. However, the impending buyout by HP Enterprise is expected to be the prime factor determining Juniper&#39;s stock price movement.
<h2>JNPR&#39;s Stock Performance</h2>
Shares of Juniper have gained 53.4% over the past year compared with the industry&#39;s growth of 61.1%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/56/81605.jpg?v=298090888" /> 
Image Source: Zacks Investment Research
<h2>JNPR&#39;s Zacks Rank and Key Picks</h2>
Juniper currently carries a Zacks Rank #3 (Hold).
Zillow Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zg#NASDAQ">ZG</a>) sports a Zacks Rank #1 (Strong Buy) at present. In the last reported quarter, it delivered an earnings surprise of 25.81%.
ZG delivered an earnings surprise of 37.41%, on average, in the trailing four quarters. The company is witnessing solid momentum in rental revenues, driven by growth in both multi and single-family listings, which is a positive factor.
Ubiquiti Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ui#NYSE">UI</a>) sports a Zacks Rank of 1 at present. The company offers a comprehensive portfolio of networking products and solutions for service providers and enterprises.
Its excellent global business model, which is flexible and adaptable to evolving changes in markets, helps it to beat challenges and maximize growth. The company&#39;s effective management of its strong global network of more than 100 distributors and master resellers improved its UI&#39;s visibility for future demand and inventory management techniques.
Workday Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wday#NASDAQ">WDAY</a>) sports a Zacks Rank of 1 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%.
WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company&#39;s cloud-based platform combines finance and HR in a single system that makes the process easier for organizations to provide analytical insights and decision support.
<a href="https://www.zacks.com/stock/news/2352623/juniper-enhances-jatco-s-network-infrastructure-will-the-stock-gain?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2352623">To read this article on Zacks.com click here.</a>

Offerings

Management

JNPR

Juniper Enhances JATCO's Network Infrastructure: Will the Stock Gain?

In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In this article, we will undertake an in-depth industry comparison, assessing Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) alongside its primary competitors in the Software industry. By meticulously examining crucial financial indicators, market positioning, and growth potential, we aim to provide valuable insights to investors and shed light on company's performance within the industry.
<h3>Workday Background</h3>
Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 18,000 employees.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Workday Inc</td>
<td>41.42</td>
<td>7.63</td>
<td>8.20</td>
<td>1.6%</td>
<td>$0.28</td>
<td>$1.57</td>
<td>16.68%</td>
</tr>
<tr>
<td>Salesforce Inc</td>
<td>50.67</td>
<td>4.82</td>
<td>7.82</td>
<td>2.44%</td>
<td>$2.79</td>
<td>$7.17</td>
<td>8.39%</td>
</tr>
<tr>
<td>SAP SE</td>
<td>97.37</td>
<td>5.89</td>
<td>7.59</td>
<td>2.1%</td>
<td>$1.94</td>
<td>$6.02</td>
<td>9.72%</td>
</tr>
<tr>
<td>Adobe Inc</td>
<td>42.55</td>
<td>15.21</td>
<td>10.89</td>
<td>11.46%</td>
<td>$2.31</td>
<td>$4.85</td>
<td>10.59%</td>
</tr>
<tr>
<td>Intuit Inc</td>
<td>58.43</td>
<td>9.26</td>
<td>10.63</td>
<td>-0.11%</td>
<td>$0.13</td>
<td>$2.4</td>
<td>17.4%</td>
</tr>
<tr>
<td>Palantir Technologies Inc</td>
<td>246.65</td>
<td>23.18</td>
<td>40.18</td>
<td>3.43%</td>
<td>$0.11</td>
<td>$0.55</td>
<td>27.15%</td>
</tr>
<tr>
<td>Synopsys Inc</td>
<td>51.69</td>
<td>9.99</td>
<td>12.04</td>
<td>5.49%</td>
<td>$0.46</td>
<td>$1.24</td>
<td>12.65%</td>
</tr>
<tr>
<td>Cadence Design Systems Inc</td>
<td>68.12</td>
<td>16.90</td>
<td>17.25</td>
<td>5.86%</td>
<td>$0.38</td>
<td>$0.92</td>
<td>8.61%</td>
</tr>
<tr>
<td>Autodesk Inc</td>
<td>59.26</td>
<td>25.19</td>
<td>10.79</td>
<td>12.17%</td>
<td>$0.39</td>
<td>$1.36</td>
<td>11.9%</td>
</tr>
<tr>
<td>Roper Technologies Inc</td>
<td>41.92</td>
<td>3.31</td>
<td>9.19</td>
<td>1.88%</td>
<td>$0.69</td>
<td>$1.19</td>
<td>12.12%</td>
</tr>
<tr>
<td>AppLovin Corp</td>
<td>61.90</td>
<td>59.42</td>
<td>12.83</td>
<td>39.35%</td>
<td>$0.51</td>
<td>$0.8</td>
<td>43.98%</td>
</tr>
<tr>
<td>Datadog Inc</td>
<td>268.09</td>
<td>17.65</td>
<td>19.38</td>
<td>1.9%</td>
<td>$0.06</td>
<td>$0.52</td>
<td>26.66%</td>
</tr>
<tr>
<td>Ansys Inc</td>
<td>57.20</td>
<td>5.06</td>
<td>12.20</td>
<td>2.37%</td>
<td>$0.2</td>
<td>$0.52</td>
<td>19.64%</td>
</tr>
<tr>
<td>Tyler Technologies Inc</td>
<td>122.15</td>
<td>8.04</td>
<td>12.52</td>
<td>2.2%</td>
<td>$0.12</td>
<td>$0.24</td>
<td>7.28%</td>
</tr>
<tr>
<td>PTC Inc</td>
<td>75.30</td>
<td>7.35</td>
<td>10.02</td>
<td>2.32%</td>
<td>$0.13</td>
<td>$0.41</td>
<td>-4.37%</td>
</tr>
<tr>
<td>Zoom Video Communications Inc</td>
<td>24.62</td>
<td>2.49</td>
<td>4.71</td>
<td>2.6%</td>
<td>$0.23</td>
<td>$0.88</td>
<td>2.09%</td>
</tr>
<tr>
<td>Manhattan Associates Inc</td>
<td>92.49</td>
<td>77.21</td>
<td>19.01</td>
<td>21.98%</td>
<td>$0.07</td>
<td>$0.15</td>
<td>14.85%</td>
</tr>
<tr>
<td>Dynatrace Inc</td>
<td>103.27</td>
<td>7.74</td>
<td>10.78</td>
<td>1.89%</td>
<td>$0.06</td>
<td>$0.32</td>
<td>19.93%</td>
</tr>
<tr>
<td>Average</td>
<td>89.51</td>
<td>17.57</td>
<td>13.4</td>
<td>7.02%</td>
<td>$0.62</td>
<td>$1.74</td>
<td>14.62%</td>
</tr>
</tbody>
</table>
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 </style>When conducting a detailed analysis of Workday, the following trends become clear: 
<ul>
<li>
A Price to Earnings ratio of 41.42 significantly below the industry average by 0.46x suggests undervaluation. This can make the stock appealing for those seeking growth.
</li>
<li>
With a Price to Book ratio of 7.63, significantly falling below the industry average by 0.43x, it suggests undervaluation and the possibility of untapped growth prospects.
</li>
<li>
Based on its sales performance, the stock could be deemed undervalued with a Price to Sales ratio of 8.2, which is 0.61x the industry average.
</li>
<li>
With a Return on Equity (ROE) of 1.6% that is 5.42% below the industry average, it appears that the company exhibits potential inefficiency in utilizing equity to generate profits.
</li>
<li>
Compared to its industry, the company has lower Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $280 Million, which is 0.45x below the industry average, potentially indicating lower profitability or financial challenges.
</li>
<li>
Compared to its industry, the company has lower gross profit of $1.57 Billion, which indicates 0.9x below the industry average, potentially indicating lower revenue after accounting for production costs.
</li>
<li>
The company's revenue growth of 16.68% exceeds the industry average of 14.62%, indicating strong sales performance and market outperformance.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729177255_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio indicates the proportion of debt and equity used by a company to finance its assets and operations.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
By considering the Debt-to-Equity ratio, Workday can be compared to its top 4 peers, leading to the following observations:
<ul>
<li>
Workday is in a relatively stronger financial position compared to its top 4 peers, as evidenced by its lower debt-to-equity ratio of 0.4.
</li>
<li>
This implies that the company relies less on debt financing and has a more favorable balance between debt and equity.
</li>
</ul>
<h3>Key Takeaways</h3>
For Workday in the Software industry, the PE, PB, and PS ratios are all low compared to its peers, indicating potential undervaluation. However, the low ROE, EBITDA, and gross profit suggest lower profitability and operational efficiency. On the positive side, the high revenue growth rate implies strong top-line performance compared to industry peers. Overall, Workday's valuation appears attractive based on its low valuation multiples, but its profitability metrics lag behind industry standards.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Workday's Performance Against Competitors In Software Industry

<a href="https://www.workday.com/en-us/homepage.html">Workday, Inc.</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) has announced its documentary, "<a href="http://www.workday.com/untapped-film">UNTAPPED: Closing America's Opportunity Gap</a>," produced in partnership with SpringHill, is now streaming on Netflix in the U.S.
&nbsp;
UNTAPPED charts the emotional and inspiring journeys of six young adults as they navigate a rigorous skills training program through <a href="http://www.yearupunited.org/">Year Up United</a>, for a shot at Fortune 500 internships – in hopes of changing the trajectory of their lives.&nbsp;
Set against a tapestry of deeply moving and powerful human stories, this Workday-developed documentary, directed by award-winning filmmaker Josh Kahn, boldly shines a light on the urgent need for skills-based hiring – a practice that focuses on a person's full range of skills and capabilities, rather than only looking at whether they have a traditional four-year college degree.
In the film, industry titans including GM CEO Mary Barra, JPMorganChase Chairman and CEO Jamie Dimon, Walmart CEO Doug McMillon, Workday Co-Founder and Executive Chair Aneel Bhusri, Workday CEO Carl Eschenbach, entrepreneur Mark Cuban, and more, share their candid experiences and perspectives about the skills imperative.
When asked about the significance of the film's message, JPMorganChase Chairman and CEO Jamie Dimon commented, "The new world of work is about skills, not necessarily degrees. We must remove the stigma of a community college and career education, look for opportunities to upskill or reskill workers, and give those who have been left behind the chance to compete for well-paying careers – today and tomorrow. It's good for business and good for society."
Workday CEO Carl Eschenbach echoed Dimon's sentiments and shared, "There are, and should be, different paths that can lead you to a successful career. I opted to get technical school training rather than a four-year degree and have selected roles to build out my skills over the past 35 years in technology. Skills are the modern currency of work."

NFLX

Workday's 'UNTAPPED' Documentary Now Streaming on Netflix, Spotlighting Skills-Based Hiring

Juniper Networks, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jnpr#NYSE">JNPR</a>) recently announced that Seoul Semiconductor has deployed its cutting-edge AI-Native Networking Platform. The deployment by this South Korea-based lighting technology firm aims to provide dependable and measurable wired and wireless access services that boost employee productivity while cutting operational costs. Central to this initiative is Juniper&#39;s sophisticated AI engine, Mist AI, which utilizes advanced AIOps and a microservices cloud to enhance both user and operator experiences.
<h2>How Will JNPR&#39;s Solutions Aid Seoul Semiconductor?</h2>
In today&#39;s hyper-connected, fast-paced business environment, the existing network infrastructure is facing growing pressure to facilitate ever-increasing data center workloads. Recognizing the limitations of its outdated wired and wireless infrastructure, Seoul Semiconductor decided to upgrade its hardware to address issues related to data throughput and coverage. This strategic move also aimed to alleviate inefficiencies stemming from vendor lock-in. By selecting Juniper&#39;s solutions, the company aims to achieve greater agility, automation and assurance across its network, essential for supporting its expanding operations.
The deployment of Mist AI, a key part of Juniper&#39;s AI-Native Networking Platform, is likely to enable Seoul Semiconductor to streamline its wireless operations and gain valuable insights into user experiences through service level monitoring. This integrated management solution uses a combination of artificial intelligence, machine learning and data science techniques to optimize user experiences and simplify operations across wireless access, wired access, SD-WAN, WAN Edge, data center and security domains.
It facilitates real-time monitoring and automates network settings, significantly reducing the time required for manual troubleshooting. With a rich data science toolkit and years of reinforced learning, Mist AI can also transform insights into automated actions, enhancing overall IT and user satisfaction.
In addition, the introduction of the Marvis Virtual Network Assistant (VNA) will likely provide the IT team with an intuitive conversational interface to detect and resolve networking issues efficiently. The state-of-the-art VNA is central to Juniper&#39;s unique AI-Native Network support model and constantly ingests data and learns from network devices and applications. This ensures a wide breadth of expertise with the highest level of efficacy.
<h2>Increasing Client Base to Drive Performance for JNPR</h2>
Juniper&#39;s leading-edge AI native networking portfolio is well-suited for both traditional and emerging AI workloads. This platform equips Seoul Semiconductor to leverage data effectively, respond in real-time and maintain a resilient infrastructure, ultimately delivering superior experiences for both operators and end-users.
With a strong presence in more than 100 countries, the leading provider of networking solutions and communication devices is expected to benefit from the increasing customer base. This will likely enable the company to generate higher revenues in the upcoming quarters. Improving financial performance is likely to propel the stock upward.
<h2>JNPR&#39;s Stock Price Performance</h2>
Shares of Juniper have gained 47.4% over the past year compared with the industry&#39;s growth of 55.4%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/27/81093.jpg?v=718982448" />
Image Source: Zacks Investment Research
<h2>JNPR&#39;s&#39; Zacks Rank and Key Picks</h2>
Juniper currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader industry have been discussed below.
Ubiquiti Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ui#NYSE">UI</a>) sports a Zacks Rank #1 (Strong Buy) at present. Its highly flexible global business model remains apt to adapt to the changing market dynamics to overcome challenges while maximizing growth.
Its excellent global business model, which is flexible and adaptable to evolving changes in markets, helps it to beat challenges and maximize growth. The company&#39;s effective management of its strong global network of more than 100 distributors and master resellers improved UI&#39;s visibility for future demand and inventory management techniques. In the last reported quarter, Ubiquiti delivered an earnings surprise of 4.19%.
Workday Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wday#NASDAQ">WDAY</a>) sports a Zacks Rank #1 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%. WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains.
Ooma, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ooma#NYSE">OOMA</a>) currently carries a Zacks Rank #2 (Buy). In the last reported quarter, it delivered an earnings surprise of 7.14%.
Ooma provides communications solutions and other connected services to small business, home and mobile users. The Company&#39;s products include Ooma Office for small businesses, Business Promoter, Ooma Telo for home, Ooma end-point devices, Ooma Premier Service for Telo, Talkatone Application as well as caller identification, call-waiting and voice mail services. Ooma, Inc. is based in Palo Alto, United States.
<a href="https://www.zacks.com/stock/news/2350199/jnpr-s-solution-to-boost-seoul-semiconductor-s-network-stock-to-gain?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2350199">To read this article on Zacks.com click here.</a>

Small Cap

OOMA

JNPR's Solution to Boost Seoul Semiconductor's Network: Stock to Gain?

Workday Says Doug Robinson Notified That He Will Retire As Co-president Effective January 31, 2025

Many investors are going full macro mode right now, focusing too much on today&#39;s data and not on tomorrow&#39;s implications. The U.S. election is coming up in a little over a month, a new earnings season is underway, and lots of economic data is pending for the Federal Reserve (the Fed) to consider further interest rate cuts before 2024 is over.
So far, the path is set for more rate cuts, with other countries starting to follow this same view, China being the latest to cut by 50 basis points last week. Some are still pointing to economic data like unemployment and contracting manufacturing PMI index readings for the past 22 months to quote a &lsquo;hard landing,&#39; but sticking to this view might keep these investors 100% bearish and potentially miss out on some of the potential rallies that can still be had.
One potential rally can be found in shares of Salesforce Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crm#NYSE">CRM</a>), especially now that Wall Street has reiterated a new boost on the stock&#39;s price target, pointing to further upside in the coming quarters. The reason behind the boost is exactly what retail investors should focus on in their portfolio strategy, and it has to do with the economy and business model for cloud businesses in the technology sector.
<h2>What If the Bears Are Right? What Happens to Salesforce Stock?</h2>
A bearish scenario for the S&amp;P 500 doesn&#39;t have to mean a bearish scenario for all stocks. If the bearish scenario plays out, unemployment might keep heading higher, and businesses will have to look for alternatives in hiring and managing their workforce today.
This is where Salesforce stock comes into play. As a cloud-based platform, Salesforce can streamline and improve most business processes in today&#39;s economy. This means cost savings and increased efficiency for its customers. So, if unemployment is on the rise in this bearish scenario, businesses can keep expensive employees on payroll or adjust for the slowdown by implementing technology.
Salesforce stock bulls can now understand where new demand will come from, but the rest of the business model is what will deliver the stability and predictability that helped Wall Street analysts land a higher price target. Cloud service businesses like Salesforce, Adobe Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adbe#NASDAQ">ADBE</a>), and Workday Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wday#NASDAQ">WDAY</a>) all operate under a subscription model, which can be critical during a hard landing.
Why? Subscriptions provide more predictable and stable cash flows for the companies that receive them, making projections and valuations easier to calculate despite any uncertainty and volatility in the overall market. That&#39;s for the bearish side, but what if the bulls are right and the market actually does well?
Salesforce also has a bullish scenario at play: Businesses need to use the platform to manage the higher business activity if the economy does manage to pull a &lsquo;soft landing&#39;. Whichever way investors look at Salesforce stock, there is a path for it to move higher, which is why Wall Street analysts felt comfortable boosting it.
<h2>Where Analysts See Salesforce Heading Next</h2>
The consensus price target for Salesforce stock is now set at $308 a share, which calls for a net 11.3% upside from where the stock trades today. Those at Wedbush stand out from the pack, with a recent price boost as recently as last week, setting the valuation up to $325 a share, calling for a much higher 17.5% net upside from today&#39;s price.
Wedbush is not alone, however, as analysts at Piper Sandler agreed on a $325 price target for Salesforce stock last week. This shows investors that the rest of Wall Street sentiment is now shifting to the bullish end for this company, and both economic scenarios seem to back the business model&#39;s predictability and stability for the future.
Even though Salesforce stock trades at 86% of its 52-week high today, there is still much more upside aside from current analyst upgrades. Compared to the rest of the computer sector, Salesforce offers a discount based on several valuation multiples.
On a price-to-earnings (P/E) basis, Salesforce trades at a 49.8x multiple. This current valuation places Salesforce at a 78.5% discount to the computer sector&#39;s average P/E valuation of 232.7x today, creating a path for a potential new 52-week high for Salesforce.
On a price-to-book (P/B) basis, Salesforce trades at a 4.6x valuation compared to the computer sector&#39;s valuation of 7.2x. This shows investors how Salesforce stock could have more room to move higher despite already trading near its 52-week high. The bullishness in the face of this discount didn&#39;t stop on Wall Street, however.
Those at Centaurus Financial decided to boost their holdings in Salesforce stock by 23.4% as recently as September 2024, bringing their net investment up to $3.2 million today. Even the Healthcare of Ontario Pension Plan doubled its holding in September, bringing its net allocation up to $48.1 million to show investors another bullish angle for Salesforce stock.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/salesforce-stock-gets-a-wall-street-boost-cloud-businesses-back/">Salesforce Stock Gets a Wall Street Boost, Cloud Businesses Back?</a>&quot; first appeared on MarketBeat.

Salesforce Stock Gets a Wall Street Boost, Cloud Businesses Back?

Citigroup analyst Steven Enders maintains Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Neutral and lowers the price target from $274 to $270.

Citigroup Maintains Neutral on Workday, Lowers Price Target to $270

Investors with a lot of money to spend have taken a bullish stance on Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with WDAY, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 13 uncommon options trades for Workday.
This isn't normal.
The overall sentiment of these big-money traders is split between 76% bullish and 7%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $112,330, and 10 are calls, for a total amount of $1,420,928.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $240.0 to $250.0 for Workday over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Workday stands at 683.5, with a total volume reaching 5,349.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Workday, situated within the strike price corridor from $240.0 to $250.0, throughout the last 30 days.
<h3>Workday Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726863424_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WDAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$15.9</td>
<td>$15.6</td>
<td>$15.73</td>
<td>$250.00</td>
<td>$225.6K</td>
<td style="text-align: right;">753</td>
<td style="text-align: right;">673</td>
</tr>
<tr>
<td>WDAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$15.8</td>
<td>$15.7</td>
<td>$15.87</td>
<td>$250.00</td>
<td>$223.3K</td>
<td style="text-align: right;">753</td>
<td style="text-align: right;">882</td>
</tr>
<tr>
<td>WDAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$16.1</td>
<td>$15.6</td>
<td>$15.85</td>
<td>$250.00</td>
<td>$205.0K</td>
<td style="text-align: right;">753</td>
<td style="text-align: right;">222</td>
</tr>
<tr>
<td>WDAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$15.9</td>
<td>$15.7</td>
<td>$15.87</td>
<td>$250.00</td>
<td>$158.4K</td>
<td style="text-align: right;">753</td>
<td style="text-align: right;">511</td>
</tr>
<tr>
<td>WDAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$15.9</td>
<td>$15.8</td>
<td>$15.86</td>
<td>$250.00</td>
<td>$156.8K</td>
<td style="text-align: right;">753</td>
<td style="text-align: right;">386</td>
</tr>
</tbody>
</table>

<h3>About Workday</h3>
Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 18,000 employees.
Having examined the options trading patterns of Workday, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Workday</h3>
<ul>
<li>Currently trading with a volume of 3,612,779, the WDAY's price is up by 0.35%, now at $248.29. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 67 days.</li>
</ul>
<h3>What The Experts Say On Workday</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $297.0.
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&#x2A; An analyst from Goldman Sachs has decided to maintain their Buy rating on Workday, which currently sits at a price target of $305. 
&#x2A; Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Workday, targeting a price of $305. 
&#x2A; Maintaining their stance, an analyst from Deutsche Bank continues to hold a Hold rating for Workday, targeting a price of $275. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on Workday, which currently sits at a price target of $300. 
&#x2A; Maintaining their stance, an analyst from BMO Capital continues to hold a Outperform rating for Workday, targeting a price of $300. 
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Options

Workday's Options: A Look at What the Big Money is Thinking

JMP Securities analyst Patrick Walravens reiterates Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Market Outperform and maintains $315 price target.

Reiteration

JMP Securities Reiterates Market Outperform on Workday, Maintains $315 Price Target

Goldman Sachs analyst Kash Rangan maintains Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Buy and raises the price target from $300 to $305.

Goldman Sachs Maintains Buy on Workday, Raises Price Target to $305

BMO Capital analyst Daniel Jester maintains Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Outperform and maintains $300 price target.

BMO Capital Maintains Outperform on Workday, Maintains $300 Price Target

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Piper Sandler raised the price target for Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) from  $200 to $217. Piper Sandler analyst Clarke Jeffries maintained a Neutral rating. Aspen Technology shares gained 3.3% to close at $233.54 on Tuesday. <a href="https://www.benzinga.com/quote/AZPN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>RBC Capital raised the price target for NMI Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMIH#NASDAQ">NMIH</a>) from $40 to $48. RBC Capital analyst Scott Heleniak upgraded the stock from Sector Perform to Outperform. NMI Holdings shares fell 1.4% to close at $41.15 on Tuesday. <a href="https://www.benzinga.com/quote/NMIH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. lifted Longboard Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBPH#NASDAQ">LBPH</a>) price target from $60 to $80. HC Wainwright &amp; Co. analyst Patrick Trucchio maintained a Buy rating. Longboard Pharmaceuticals shares fell 10.3% to close at $27.58 on Tuesday. S<a href="https://www.benzinga.com/quote/LBPH/analyst-ratings">ee how other analysts view this stock</a>.</li>
<li>Benchmark increased Belden Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BDC#NYSE">BDC</a>) price target from $115 to $120. Benchmark analyst Reuben Garner maintained a Buy rating. Belden shares gained 2.9% to close at $106.29 on Tuesday. <a href="https://www.benzinga.com/quote/BDC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities boosted the price target for Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) from $112 to $118. B of A Securities analyst Sara Senatore maintained a Buy rating. Starbucks rose 0.1% to close at $96.44 on Tuesday. <a href="https://www.benzinga.com/quote/SBUX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham cut Workday, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) price target from $350 to $300. Needham analyst Scott Berg maintained a Buy rating. Workday shares fell 0.4% to close at $248.12 on Tuesday. <a href="https://www.benzinga.com/quote/WDAY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird raised Ferguson Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) price target from $222 to $225. Baird analyst David Manthey maintained an Outperform rating. Ferguson Enterprises shares gained 5% to close at $207.06 on Tuesday. <a href="https://www.benzinga.com/quote/FERG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities cut the price target for FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) from $347 to $345. B of A Securities analyst Ken Hoexter maintained a Buy rating. FedEx shares rose 1.6% to close at $297.34 on Tuesday. <a href="https://www.benzinga.com/quote/FDX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Goldman Sachs raised The Progressive Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) price target from $262 to $280. Goldman Sachs analyst Alex Scott maintained a Buy rating. Progressive shares rose 0.2% to close at $256.91 on Tuesday. <a href="https://www.benzinga.com/quote/PGR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Stifel raised Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>) price target from $200 to $210. Stifel analyst Jonathan Block maintained a Buy rating. Zoetis shares rose 0.8% to close at $195.71 on Tuesday. <a href="https://www.benzinga.com/quote/ZTS/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SBUX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="526" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18090157/image-141-1024x526.png" alt="" class="wp-image-553956" style="width:648px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18090157/image-141-1024x526.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18090157/image-141-300x154.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18090157/image-141-768x394.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18090157/image-141.png 1321w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Next: 
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<li><a href="https://www.benzinga.com/24/09/40898216/cramer-hewlett-packard-is-a-very-inexpensive-stock-likes-this-big-tech-stock">Cramer: Hewlett Packard Is A &#8216;Very Inexpensive&#8217; Stock, Likes This Big Tech Stock</a></li>
</ul>

Pre-Market Outlook

AZPN

FERG

LBPH

NMIH

SBUX

Starbucks To Rally More Than 22%? Here Are 10 Top Analyst Forecasts For Wednesday

Needham analyst Scott Berg maintains Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Buy and lowers the price target from $350 to $300.

Needham Maintains Buy on Workday, Lowers Price Target to $300

Piper Sandler analyst Brent Bracelin maintains Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Overweight and maintains $285 price target.

Piper Sandler Maintains Overweight on Workday, Maintains $285 Price Target

Evisort's AI-Powered Document Intelligence Platform Will Enable Workday Customers To Surface Critical Insights and Take Action Across Vast Amounts of Financial and HR Data Faster and More Efficiently than Ever Before
LAS VEGAS, Sept. 17, 2024 /PRNewswire/ --&nbsp;<a href="https://www.workday.com/en-us/homepage.html">Workday, Inc.</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>), a leading provider of solutions to help organizations manage their <a href="https://www.workday.com/en-us/products/human-capital-management/overview.html">people</a>&nbsp;and&nbsp;<a href="https://www.workday.com/en-us/products/financial-management/overview.html">money</a>, today announced that it has signed a definitive agreement to acquire <a href="https://www.evisort.com/company/about">Evisort</a>, a leading AI-native document intelligence platform. With Evisort, Workday will add AI-powered document intelligence solutions across its finance and HR suite.
More than 80% of business data is unstructured and organized in a way that's not easy to search, analyze, or act upon. This includes data in contracts, invoices, and policy documents. With Evisort's powerful AI capabilities, Workday will enable its customers to surface critical insights within this untapped data to make key business decisions and take action faster than ever before.&nbsp;&nbsp;
Evisort is a trusted AI leader and pioneer in document intelligence. The company's platform leverages AI to surface clear and actionable insights from complex legal and business documents stored in document management systems.&nbsp;Major organizations use Evisort to analyze documents across their enterprise, uncovering vital information that helps them reduce spend, increase revenue, mitigate risk, and manage obligations.

Workday Signs Definitive Agreement To Acquire Evisort; No Financial Terms Disclosed

The cloud industry is well-poised for significant growth and expansion, driven by increasing demand for efficiency and productivity and the surge in AI-driven investments. Therefore, it could be wise to consider high-growth cloud stocks Workday (WDAY), Adobe (ADBE), and Salesforce (CRM) for substantial gains this month. Continue reading... The software industry's growth prospects appear appealing with the ever-expanding demand for enterprise software and the transition to cloud systems. This is also fueled by robust companies' spending, and latest advancements in technologies.
Given the industry's resilient outlook, it could be wise to invest in high-growth cloud stocks Workday, Inc. (<a href="https://stocknews.com/stock/WDAY/">WDAY</a>), Adobe Inc. (<a href="https://stocknews.com/stock/ADBE/">ADBE</a>), and Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>) which are revolutionizing enterprise tech.
As more and more companies shift to cloud services, spending in the industry are continuously on the rise. During the second quarter 2024, <a href="https://www.canalys.com/newsroom/worldwide-cloud-services-q2-2024">global spending on cloud infrastructure services</a> grew 19% year-on-year to reach $78.20 billion with companies growing IT budgets, where a substantial portion of spending is assigned towards AI-related investments.
Also, <a href="https://www.gartner.com/en/newsroom/press-releases/2024-05-20-gartner-forecasts-worldwide-public-cloud-end-user-spending-to-surpass-675-billion-in-2024">Gartner projects</a> worldwide end-user spending on public cloud services to rise by 20.4% to reach around $675.40 billion in 2024 majorly driven by generative AI (GenAI) and application modernization. The spending is further anticipated to surge exponentially at a <a href="https://www.idc.com/getdoc.jsp?containerId=prUS52460024">CAGR of 19.4%</a> until  2028.
With the growing cloud application by enterprises and changing market dynamics, the global enterprise software market is expected to grow at a <a href="https://www.grandviewresearch.com/industry-analysis/enterprise-software-market">CAGR of 11.5%</a>, resulting in a market volume of $517.26 billion by 2030. Factors like increasing end-use enterprises' expenditures, demand for better digital infrastructure, advancements' in cloud analytical tools fuel the market.
Amid the current market trends, investors could consider high-growth cloud stocks as digitalization is on the rise and companies are vigorously investing in cloud systems and technology integration. High-growth cloud stocks can potentially yield long-term gains and offer wide growth opportunities for the investors.
Given the promising prospects of the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, let's look at the fundamentals of the above-mentioned stocks, starting with the third stock.
Stock #3: Workday, Inc. (<a href="https://stocknews.com/stock/WDAY/">WDAY</a>)
WDAY provides enterprise cloud applications internationally. The company's applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations.
On November 4, WDAY announced a partnership with Compa, the leading provider of software-delivered market data, to bring Compa's real-time market intelligence directly into Workday, to help companies make more informed pay decisions to attract and retain top talent.
Also, on September 19, WDAY and The Josh Bersin Company collaborated, aimed at integrating The Josh Bersin Company's market-leading AI-powered expert assistant, Galileo&#x2122;, with Workday Human Capital Management (HCM). This integration will allow WDAY users to ask questions about current HR best practices and get advice and assistance.
On September 18, WDAY launched Workday Wellness, a new AI-powered solution that will provide companies with a real-time view into which benefits and wellness offerings their employees want and use. This will empower companies with AI-driven recommendations and deliver a more personalized wellness experience for their employees.
During the second quarter that ended on July 31, 2024, WDAY's total revenues increased 16.7% year-over-year to $2.09 billion. The company's non-GAAP <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> of $518 million reflects 23% growth from the year-ago period. The company's net income totaled $132 million, up 67.1% from the prior year's quarter, while its non-GAAP net income per share rose 22.4% year-over-year to $1.75.
In addition, the company's free cash flows of $516 million indicate an increase of 43.3% year-over-year.
As per company's updated guidance for the fiscal 2025, WDAY expects Subscription revenue of $1.95 billion, representing growth of 16% during the third quarter.
Also, for the full year, the company expects Subscription revenue to range between $7.70 billion and $7.72 billion, reflecting growth of approximately 17%.
For the third quarter (ended October 2024), analysts expect WDAY's revenue and EPS to grow 14.2% and 14.9% year-over-year to $2.13 billion and $1.76, respectively. Also, the company topped the consensus revenue and EPS estimates in of the trailing four quarters.
WDAY's stock has gained 6.9% over the past month and 16.5% over the past year to close the last trading session at $257.98.
WDAY's robust outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has an A grade for Growth. It also has a B grade for Sentiment and Quality. Within the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, WDAY is ranked #26 of 129 stocks.
<a href="https://stocknews.com/stock/WDAY/">Click here</a> to access additional ratings of WDAY for Momentum, Value and Stability.
Stock #2: Adobe Inc. (<a href="https://stocknews.com/stock/ADBE/">ADBE</a>)
ADBE operates as a diversified software company globally. The company operates in three segments: Digital Media; Digital Experience; and Publishing and Advertising. The company offers products, services, and solutions that allow individuals, teams, and enterprises to create, publish, and promote content. Its flagship product is Creative Cloud that allows members to access its creative products.
On October 14, ACBE launched Premiere Pro's first set of Firefly-powered video editing workflows powered by the new Firefly Video Model (beta), and other enhancements and upgrades to its app's performance and user experience. New features include Generative Extend (beta), smooth out transitions and hold on shots longer for perfectly timed edits.
The new upgrades enable additions capabilities for busy editors, unlocking more creative time by tripling export speeds and offering a new context-sensitive properties panel.
On the same day, the company announced major updates to Photoshop and Illustrator, unveiling AI-powered features like Generative Fill and Generative Shape Fill to streamline workflows and enhance precision. These innovations, powered by Adobe Firefly, provide faster, more intuitive tools for creative professionals across digital and 3D design.
In the third quarter that ended on August 30, 2024, ADBE reported total revenue of $5.41 billion, up 10.6% from the prior year's quarter. The company's non-GAAP operating income increased 11.1% from the year-ago value to $2.51 billion. Its non-GAAP net income and EPS grew 10.8% and 13.7% year-over-year to $2.08 billion and $4.65, respectively.
Furthermore, the company's cash and cash equivalents and total assets stood at $7.19 billion and $29.83 billion as of August 30, 2024.
Analysts expect ADBE's revenue and EPS for the fourth quarter (ending November 2024) to increase 9.8% and 9.4% year-over-year to $5.54 billion and $4.67, respectively. Moreover, the company has surpassed the consensus EPS and revenue estimates in all four trailing quarters, which is remarkable.
Shares of ADBE have surged marginally over the past month and 1.8% over the past six months to close the last trading session at $500.92.
ADBE's POWR Ratings reflect its sound fundamentals. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
ADBE has an A grade for Quality and a B for Sentiment and Stability. It is ranked #24 out of 129 stocks in the Software – Application industry.
In addition to the POWR Ratings we've stated above, we also have ADBE ratings for Growth, Momentum, and Value. Get all ADBE ratings <a href="https://stocknews.com/stock/ADBE/">here</a>.
Stock #1: Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>)
CRM provides Customer Relationship Management (CRM) technology to bring companies and customers together worldwide. Its service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices.
On October 29, CRM launched Agentforce, a customizable AI agent platform that autonomously handles business tasks across sales, service, marketing, and commerce. With Agentforce, users can easily create and deploy AI agents to automate processes, enhancing efficiency and customer experience without complex integration.
On September 17, CRM entered into a strategic partnership with NVIDIA to advance AI agents on the Salesforce platform, integrating NVIDIA's AI tools to enhance customer interactions and productivity through autonomous agents and interactive avatar experiences. The collaboration will empower businesses with faster, AI-driven insights and engaging real-time digital experiences.
During the second quarter that ended July 31, 2024, CRM's total revenues increased 8.4% year-over-year to $9.33 billion. Its non-GAAP income from operations rose 15.5% from the year-ago value to $3.14 billion. Also, the company's non-GAAP net income came in at $2.50 billion or $2.56 per share, up 19.1% and 20.8% year-over-year, respectively.
In addition, the company's free cash flow grew 20.2% from the year-ago value to $755 million.
According to the company's guidance for the third quarter, CRM expects total revenue between $9.31 billion and $9.36 billion, reflecting 7% year-over-year growth. Also, its non-GAAP EPS is set to be $2.42 - $2.44.
For the full year, the company expects total revenue in the range of $37.70 billion - $38 billion, representing 7% to 8% growth from the prior year. CRM's non-GAAP EPS is projected at $10.03 - $10.11.
Street expects CRM's EPS to grow 15.9% year-over-year to $2.45 for the third quarter (ended October 2024). For the same quarter, the company's revenue is expected to increase 7.2% year-over-year to $9.35 billion. Further, CRM surpassed the consensus EPS estimates in each of the trailing four quarters.
Over the past six months, the stock has gained 12.1% and 46.7% over the past year to close the last trading session at $310.78.
CRM's bright prospects are reflected in its POWR Ratings. The stock has an overall grade of B, translating to a Buy in our proprietary rating system.
CRM has a B grade for Quality and Sentiment. It is ranked #17 among 129 stocks within the same industry.
To see the other ratings of CRM for Stability, Value, Growth, and Momentum, <a href="https://stocknews.com/stock/CRM/">click here</a>.
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<hr />
CRM shares fell $0.07 (-0.02%) in after-hours trading Friday. Year-to-date, CRM has gained 22.89%, versus a 27.04% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/crm-adbe-wday-3-high-growth-cloud-stocks-revolutionizing-enterprise-tech/>3 High-Growth Cloud Stocks Revolutionizing Enterprise Tech</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Growth Cloud Stocks Revolutionizing Enterprise Tech

Software & Internet Analyst Thill, along with a US Workday (WDAY) Partner, Jim Carr, General Manager at Avaap, participate in an Analyst/Industry c...

Jefferies Internet and software analyst to hold analyst/industry conference call

The cloud computing industry has been experiencing incredible growth owing to its flexible, secure, and cost-effective nature. Thus, investing in fundamentally stable cloud computing stocks, International Business Machines (IBM), Workday (WDAY), and Docebo (DCBO) could be one's ticket to long-term growth. Read on… Cloud computing has significantly reshaped the technological landscape in recent years. <a href="https://edgedelta.com/company/blog/how-many-companies-use-cloud-computing-in-2024#:~:text=Over%2090%25%20of%20companies%20worldwide%20already,use%20cloud%20services%E2%80%94including%20AWS%2C%20Google%2C%20and%20Microsoft.">More than 90% of organizations</a> now rely on cloud services to enhance efficiency and drive innovation. This widespread adoption of cloud technology is fueling a digital revolution, impacting businesses and industries worldwide.
In this dynamic environment, investors have the opportunity to benefit from stocks of three promising cloud computing companies: International Business Machines Corporation (<a href="https://stocknews.com/stock/IBM/">IBM</a>), Workday, Inc. (<a href="https://stocknews.com/stock/WDAY/">WDAY</a>), and Docebo Inc. (<a href="https://stocknews.com/stock/DCBO/">DCBO</a>). These companies are strategically positioned for long-term growth.
The core appeal of cloud computing lies in its flexibility, efficiency, cost-effectiveness, and security. These attributes are why businesses increasingly incorporate cloud services into their operations.
The shift toward remote work has further accelerated the demand for cloud solutions. This is highlighted by a Pew Research Center study as per which <a href="https://www.usatoday.com/money/blueprint/business/hr-payroll/remote-work-statistics/">around 22 million employed adults</a> in the United States, or 14% of the workforce, now work from home full-time, driving the surge in cloud service usage.
The industry's growth prospects remain robust, with global spending on cloud services projected to <a href="https://www.idc.com/getdoc.jsp?containerId=prUS52460024">reach $805 billion in 2024</a>. This figure is expected to double by 2028, underscoring the market's potential.
Additionally, Fortune Business Highlights forecasts the cloud computing market to hit $2.29 trillion by 2032, growing at <a href="https://www.fortunebusinessinsights.com/cloud-computing-market-102697">a CAGR of 16.5%</a>. These projections cement the cloud sector's bright future.
So, let us dive deep into the fundamentals of three cloud computing stocks, starting with #3.
Stock #3: International Business Machines Corporation (<a href="https://stocknews.com/stock/IBM/">IBM</a>)
IBM addresses the hybrid cloud and artificial intelligence (AI) opportunities with a platform-centric approach. It combines technology and business expertise to deliver client value. Its segments include Software; Consulting; Infrastructure; and Financing, focusing on providing comprehensive solutions for businesses across various industries.
On November 6, IBM and Cognizant Technology Solutions Corporation (<a href="https://stocknews.com/stock/CTSH/">CTSH</a>) launched a new <a href="https://newsroom.ibm.com/2024-11-06-cognizant-launches-global-finops-center-of-excellence,-new-solutions-built-with-ibm-technology-to-tackle-enterprise-modernization-challenges">FinOps Center of Excellence (CoE)</a> built on IBM's FinOps software and CTSH's cloud and developer platforms. The partnership is expected to expand IBM's reach in the rapidly evolving financial and cloud sectors, enhancing its reputation as a leader in addressing critical business challenges.
On October 22, IBM unveiled <a href="https://newsroom.ibm.com/2024-10-22-ibm-advances-secure-ai-quantum-safe-technology-with-ibm-guardium-data-security-center">the IBM Guardium Data Security Center</a> to address the emerging risks associated with hybrid cloud, AI, and quantum technologies. The center helps organizations protect data across its lifecycle with unified controls.
The launch could strengthen IBM's position in the data security market, supporting its growth by offering solutions to safeguard businesses against evolving security threats.
For the fiscal 2024 third quarter that ended on September 30, IBM's total revenue increased 1.5% year-over-year to $14.97 billion. Its <a href="https://www.investopedia.com/terms/g/grossprofit.asp">gross profit</a> rose 4.9% from the year-ago value to $8.42 billion.
Additionally, the company's non-GAAP income from continuing operations increased 6.1% year-over-year to $2.16 billion, whereas its non-GAAP EPS from continuing operations grew 4.5% from the prior year's quarter to $2.30.
Analysts expect IBM's revenue and EPS for the fiscal year ending December 2024 to increase 1.6% and 6.2% year-over-year to $62.83 billion and $10.21, respectively. Moreover, the company topped the consensus EPS estimates in all four trailing quarters.
Shares of IBM have surged 25.8% over the past six months and 44.4% over the past year to close the last trading session at $213.72.
IBM's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> mirror its fundamentals. IBM has a B grade for Quality. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
In the 78-stock <a href="https://stocknews.com/category/technology-services/">Technology – Services</a> industry, it is ranked #32. Beyond what is stated above, we've also rated IBM for Growth, Value, Momentum, Stability, and Sentiment. Get all IBM ratings <a href="https://stocknews.com/stock/IBM/">here</a>.
Stock #2: Workday, Inc. (<a href="https://stocknews.com/stock/WDAY/">WDAY</a>)
WDAY offers enterprise cloud applications for finance and human resources. It provides software-as-a-service solutions to approximately 10,000 organizations. This includes empowering their workforce, managing finances and spending, and adapting to changes while planning for future uncertainties in a dynamic business environment.
On November 4, WDAY and Compa, a leading provider of software-delivered market data, partnered to integrate Compa's <a href="https://investor.workday.com/2024-11-04-Workday-and-Compa-Partner-to-Revolutionize-Compensation-with-Real-Time-Data">real-time market intelligence</a> into WDAY. The collaboration helps companies make more informed pay decisions, enabling them to attract and retain top talent. This could enable WDAY to enhance its value in workforce management.
For the fiscal 2025 second quarter ended July 31, 2024, WDAY's total revenues increased 16.7% year-over-year to $2.09 billion. Its non-GAAP operating income rose 23% from the year-ago value to $518 million.
Additionally, the company's net income and non-GAAP net income per share grew 67.1% and 22.4% from the prior year's quarter to $132 million and $1.75, respectively.
Street expects WDAY's revenue and EPS for the fiscal 2025 third quarter (ended October 2024) to increase 14.2% and 14.9% year-over-year to $2.13 billion and $1.76, respectively. Furthermore, the company surpassed the consensus revenue and EPS estimates in each of the four trailing quarters, which is impressive.
WDAY's shares have gained 2.8% over the past six months and 15.3% over the past year, closing the last trading session at $256.54.
WDAY's solid fundamentals are projected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
WDAY has an A grade for Growth and a B for Sentiment and Quality. It is ranked #25 out of 129 stocks in the <a href="https://stocknews.com/category/software-application/">Software – Application</a> industry.
<a href="https://stocknews.com/stock/WDAY/">Click here</a> to access WDAY's ratings for Momentum, Value, and Stability.
Stock #1: Docebo Inc. (<a href="https://stocknews.com/stock/DCBO/">DCBO</a>)
Based in Toronto, Canada, DCBO delivers learning platforms driven by AI and innovation. The company focuses on transforming how enterprises use technology to create and manage content, deliver training, and measure the impact of their learning programs. Its solutions are designed to enhance organizational learning and development strategies.
On October 2, DCBO partnered with TEDAI for the TEDAI Vienna event, serving as <a href="https://docebo.inc/news/news-details/2024/Docebo-Partners-with-TEDAI-Vienna-as-The-Business-Learning-Partner-for-Europes-Inaugural-AI-Conference/default.aspx">the business learning partner</a>. DCBO played a key role in showcasing how enterprises can harness AI to transform workplace learning and development. The collaboration highlights the company's commitment to reshaping the future of work through AI.
For the fiscal 2024 third quarter that ended on September 30, DCBO's revenue increased 19.2% year-over-year to $55.43 million. Its operating income grew 51.7% from the year-ago value to $4.72 million. Plus, the company's adjusted net income and adjusted EPS rose 66.7% and 80% from the prior year's quarter to $8.26 million and $0.27, respectively.
The consensus revenue and EPS estimates of $56.23 million and $0.28 for the fiscal fourth quarter ending December 2024 reflect a year-over-year rise of 14.1% and 12%, respectively. Also, the company surpassed the consensus revenue and EPS estimates in all four trailing quarters.
DCBO's shares have gained 11.9% over the past six months and 19.3% over the past year, closing the last trading session at $51.45.
DCBO's robust prospects are projected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
DCBO has an A grade for Quality and a B for Sentiment and Growth. It is ranked #14 within the Software – Application industry.
<a href="https://stocknews.com/stock/DCBO/">Click here</a> to access DCBO's ratings for Value, Momentum, and Stability.
What To Do Next?
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IBM shares fell $0.12 (-0.06%) in premarket trading Monday. Year-to-date, IBM has gained 34.34%, versus a 27.04% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/ibm-wday-dcbo-ctsh-3-cloud-computing-stocks-perfect-for-long-term-growth/>3 Cloud Computing Stocks Perfect for Long-Term Growth</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Cloud Computing Stocks Perfect for Long-Term Growth

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Workday (NASDAQ:<a href="https://investorplace.com/stock-quotes/wday-stock-quote/">WDAY</a>) just reported results for the second quarter of 2025.<ul><li>Workday reported earnings per share of $1.75. This was above the analyst estimate for EPS of $1.65.</li><li>The company reported revenue of $2.09 billion.</li><li>This was 0.72% better than the analyst estimate for revenue of $2.07 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	
	The post <a href="https://investorplace.com/earning-results/2024/08/wday-stock-earnings-workday-for-q2-of-2025/">WDAY Stock Earnings: Workday Beats EPS, Beats Revenue for Q2 2025</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

WDAY Stock Earnings: Workday Beats EPS, Beats Revenue for Q2 2025

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Press Releases

Grant Thornton grows Workday practice leadership team

28 Higher Education Institutions Go Live with Workday Student in 2024

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Workday Announces a Surge of New U.S. Public Sector Customers

Workday Announces Date of Fiscal 2025 Third Quarter Financial Results

Workday and Compa Partner to Revolutionize Compensation with Real-Time Data

Harver Completes Workday Certified Integration

Workday Recognized as a Leader in 2024 Gartner® Magic Quadrant™ for Cloud ERP for Service-Centric Enterprises for Third Consecutive Year

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