Workday stock forecast workday’s niche in HCM and finance

Workday’s niche in HCM and finance modules positions it for above-average earnings growth amid rising enterprise digital transformation budgets. Shares of human-resources software maker Workday (NASDAQ: WDAY) tumbled 13.8% through 11:40 a.m. ET on Friday, despite beating expectations in the company's first-quarter 2024 earnings report Thursday night. Risks : You should be aware of the 1 warning sign for Workday we've uncovered before considering an investment in the company. Analysts’ Workday stock forecast updates highlight positive momentum from AI-driven tools in workforce analytics. The integration boosts upsell opportunities with existing clients, potentially accelerating subscription revenue by 3-5% in FY2025.