Workday, Inc.

WDAY

Bullish$209.84+2.50%3D · 2026-09-02

SettledOpen WDAY

Predicted move

+2.50%

Target $209.84

Actual move at settlement

-1.88%

Confirmed close $200.87

Both measured from $204.72 on 2026-08-28 · Target close 2026-09-02

Direction missed

Actual -1.88%Move error 4.38 pp10 / 100 points

How this is scored

Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.

Thesis

Workday's Q2 FY27 beat ($2.75 adj EPS vs $2.61, subscription revenue +13.9%) and AI adoption (>25% of new ACV) drove a 5.8% post-earnings rally on 1.7x volume, with BMO and Needham lifting targets to $230. Software names are benefiting from capital rotation out of semis after Warsh's hawkish Jackson Hole speech. A sustained break below the $190 area would invalidate the setup.

Chart

Full chart

Reference chart may include later prices. Settlement uses the confirmed target-date close above.

Discussion

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