Workday Trading Volume Drops 33.39% to $424 Million Despite Stock Price Rise

Generated by AI AgentAinvest Volume Radar
Monday, May 19, 2025 7:27 pm ET1min read

On May 19, 2025,

(WDAY) closed with a trading volume of $424 million, marking a 33.39% decrease from the previous day. The stock price rose by 0.09%.

Workday is anticipated to release its first-quarter results, with expectations of robust demand across various end markets, driven by product innovation and a focus on AI. This could potentially boost the company's revenue growth.

Workday's return on capital employed (ROCE) stands at 4.0%, which is relatively low compared to the industry average of 9.9%. This indicates that the company may need to improve its capital efficiency to better compete within the software industry.

Analysts project that Workday's subscription services revenue for the first quarter will reach $2.05 billion, reflecting a 13% year-over-year increase. This estimate underscores the company's strong performance in its core business segment.

Workday is set to unveil its next generation of Illuminate Agents, a suite of advanced AI tools designed to automate key HR and financial operations. This innovation is expected to enhance the company's competitive edge in the market.

Jefferies has maintained a Buy rating on Workday stock, with a target price of $325. The analyst's checks suggest that Workday can meet or exceed its 15.1% current remaining performance obligation (cRPO) growth, supporting a positive outlook for the company's financial performance.

Comments



Add a public comment...
No comments

No comments yet