Workday Stock Plunges 11.2% on Cautious Guidance

Generated by AI AgentAinvest Pre-Market Radar
Monday, May 26, 2025 4:22 am ET1min read

On May 26, 2025, Workday's stock price plummeted by 11.2% in pre-market trading, marking a significant decline for the company.

Workday's recent stock performance has been influenced by a series of analyst adjustments and market reactions. JMP Securities maintained a "market outperform" rating for

, setting a price target of $315.00. However, Bernstein SocGen Group reduced its price target to $325 from $348, while Stifel analysts lowered their target from $310.00 to $275.00, both while maintaining their respective ratings.

Despite reporting first-quarter results that surpassed earnings and revenue expectations, Workday's stock fell over 10% intra-day. This decline was attributed to muted guidance for the upcoming quarters, which raised concerns among investors about the company's future growth prospects.

Overall, the combination of analyst downgrades and cautious guidance has contributed to the recent volatility in Workday's stock price, reflecting investor uncertainty about the company's near-term outlook.

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