Workday Receives New Buy Recommendation from RBC Capital Analyst

RBC Capital analyst Rishi Jaluria maintains a Buy rating on Workday with a $340 price target. The company's shares closed at $228.50. Jaluria has an average return of -6.1% and a 49.60% success rate on recommended stocks. Workday has a Moderate Buy consensus and a $279.96 price target consensus, representing a 22.52% upside.

RBC Bearings Incorporated (RBC), with a market capitalization of $12.6 billion, has shown robust performance driven by end-market strength, acquisition benefits, and shareholder-friendly policies. The company's Zacks Rank of #1 (Strong Buy) reflects its positive outlook. End-Market Strength: RBC Bearings is benefiting from the strong performance of the Aerospace/Defense segment, with revenues up 10.4% year-over-year in the first quarter of fiscal 2026. The commercial aerospace market's growth, driven by OEM and aftermarket verticals, is a significant contributor. The company's robust backlog and strong execution on incremental orders further bolster the segment's performance. Additionally, the Industrial segment witnessed revenues up 5.5% year-over-year in the first quarter of fiscal 2026, driven by stable demand for highly engineered bearings and precision components across various markets. For the second quarter of fiscal 2026, RBC Bearings anticipates net sales to be in the range of $445-$455 million, indicating a year-over-year increase of 11.8-14.4%.

Acquisition Benefits: RBC Bearings has been strengthening its business through acquisitions. In July 2025, it acquired VACCO Industries for about $275 million in cash. The inclusion of VACCO’s expertise in engineered valves, regulators, and manifolds will enable RBC to expand its customer offerings in the defense, space, and commercial markets. This acquisition supports RBC's strategy to diversify its revenue streams and enhance its competitive position.

Price Performance of RBC Stock: In the past year, the company’s shares have surged 35.5% compared to the industry’s 8.4% growth. The strong performance of RBC Bearings' stock reflects investor confidence in the company's growth prospects and acquisition strategy.

Shareholder-Friendly Policies: RBC Bearings remains committed to increasing shareholders' value through dividend payments and share repurchases. In fiscal 2025, the company paid preferred stock dividends of $17.2 million and repurchased shares for $9.5 million. These initiatives demonstrate RBC's dedication to returning value to shareholders.

Estimate Revisions: In the past 30 days, the Zacks Consensus Estimate for RBC Bearings’ fiscal 2026 earnings has increased 1.6%, and for fiscal 2027, it has been revised upward by 3.8%. These upward revisions indicate growing confidence among analysts in the company's future performance.

Other Key Picks: Some top-ranked companies in the same space include Flowserve Corporation (FLS), Nordson Corporation (NDSN), and Graham Corporation (GHM), each with their own strengths and positive outlooks.

References:
[1] https://www.nasdaq.com/articles/heres-why-you-should-consider-investing-rbc-bearings-stock-now