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Workday

Workday Stock Slides 14% Amid Soft Subscription Revenue GuidanceWorkday shares ( NASDAQ:WDAY ) fell 14% in extended trading on Thursday after the company provided softer-than-expected current-quarter and full-year subscription revenue guidance. The company lowered its full-year subscription revenue forecast due to elevated sales scrutiny and lower customer headcount growth. Workday ( NASDAQ:WDAY ) also announced a partnership with the Defense Intelligence Agency to modernize the government agency's human resources efforts. The company's updated subscription-revenue guidance reflects the elevated sales scrutiny and lower customer-headcount growth experienced during the quarter. However, Workday ( NASDAQ:WDAY ) said its increased efficiencies helped boost its annual adjusted operating margin by half a percentage point to 25%. For the three-month period ending April 30, the company posted net sales of $1.99 billion, slightly ahead of the consensus view. On the earnings front, it posted an adjusted profit of $1.74 per share, surpassing analysts' expectations of $1.58 a share. Workday ( NASDAQ:WDAY ) announced late Thursday that the Defense Intelligence Agency (DIA) had selected it to modernize its human resources efforts, helping the company expand its footprint into the public sector. Workday ( NASDAQ:WDAY ) shares have trended higher since completing a double bottom pattern in November 2022, with momentum accelerating after the 50-day moving average crossed above the 200-day MA to generate a golden cross signal early last year. Investors should monitor how the stock responds to support near a key horizontal line around $238 that closely aligns with a significant November-price gap. A decisive close below this crucial level could lead to a deeper pullback to longer-term support at the $205 region.
NASDAQ:WDAY
by DEXWireNews
WDAY Workday Options Ahead of EarningsIf you haven`t bought WDAY ahead of the previous earnings: Then analyzing the options chain and the chart patterns of WDAY Workday prior to the earnings report this week, I would consider purchasing the 230usd strike price Puts with an expiration date of 2023-12-15, for a premium of approximately $5.85. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:WDAYShort
by TopgOptions
WorkDay (NASDAQ: $WDAY) Could See A Huge Reversal! ◀️Workday, Inc. provides enterprise cloud applications in the United States and internationally. The company's applications help its customers to plan, execute, analyze, and extend to other applications and environments, and to manage their business and operations. It offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations. The company also provides cloud spend management solutions that helps organizations to streamline supplier selection and contracts, manage indirect spend, and build and execute sourcing events, such as requests for proposals; Human Capital Management (HCM) solution, a suite of human capital management applications that allows organizations to manage the entire employee lifecycle from recruitment to retirement, and enables HR teams to hire, onboard, pay, develop, reskill, and provide employee experiences; Workday applications for planning; and applications for analytics and reporting, including augmented analytics to surface insights to the line of business in simple-to-understand stories, machine learning to drive efficiency and automation, and benchmarks to compare performance against other companies. It serves professional and business services, financial services, healthcare, education, government, technology, media, retail, and hospitality industries. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was incorporated in 2005 and is headquartered in Pleasanton, California.
NASDAQ:WDAYLong
by Bullishcharts
1
What to look for $WDAYChart analysis Workday had a big uptrend since the Covid-19 Crash. But as we saw in November 2020- May 2021 there was a head and shoulders formation and price traded pretty much sideways. Buying side: -find a lot of support in the red area (9x) -huge candle with 2 times big wick underneath (bullish) -above 20+50 SMA Selling side: -under 100+200 SMA -intact downtrend since February -breakout of a potential triangle formation (violet/white lines) RSI: not clear MACD: the daily not clear, weekly tendency to uptrend, monthly t. to downtrend I next days will be important to watch. What I would be looking for as a buyer is that prices goes above the downtrend line (violet) to get this confirmation of an new uptrend. The second thing is that we get above the SMA 100 (blue line) and this more than 3 days. This would be in the range of <240$. It could be your first entry but your stop lost must be very tight to the SMAs. Target could be new ATH (+17%) in a matter of weeks. Profit exit could be the 249$ (Sep. ATH), too. Second idea would be to invest over the resistance of 249$. It is a 3,5% difference to first idea but I would say a safer play because we would be beyond the September ATH and therefore have a more valuable buy signal. Target would be new ATH (+13,5%). Alway expect small corrections the way up. They are most likely connected with support/resistance lines I draw. Fundamentals: Seeking Alpha article by Gary Alexander „In my view, Workday's rally is nearing an end. The company has hit a fairly rich valuation at ~11x forward revenue, despite the fact that revenue growth is slowing to the mid-teens and margins are expected to deteriorate following a hiring spree. With a saturated market, I don't see much opportunity for Workday going forward.“ Source: seekingalpha.com
NASDAQ:WDAY
by Chrlstlan
1
Weekly Watchlist! 7/26 - 7/30Here is what stocks we are going to be keeping an eye on this week! NASDAQ:WDAY We are looking for a move here over $242 with target levels of $243.50, $246, and $248 NASDAQ:ATVI Like how we are holding the 200sma just under trend resistance, we are looking for a move here over $92 for a run into earnings with a target of $93, $94, and $95 NASDAQ:NVDA Looking for a break of resistance here over $197 with targets of $198, $199, and $200 NYSE:SQ Looking for another break of trend resistance here for a move over $268 with targets of $270, $272, and $276
NASDAQ:ATVILong
by ThirtyninethParallelInvestment
2
WorkDay - Short Term Consolidation with long term bullishObserved Workday on both front, post COVID double dip, the stock has been constantly moving up. during COVID it tested its long term support of 120 which it held fine. Post that its support levels 149, 157 are crucial supports. In very short term again it made double dip before accelerating to 168-170 levels however in very short term i see this stock to hover between 160-175 levels. Long term i remain bullish considering from long term i observe a parallel channel. As results are due tomorrow and just glancing through prior earnings, the stock post hours can dip initially and depending on earnings call and results it will make its next move. However I believe in any case it should remain above 160 level. Note - I am holding WorkDay for short term.
NASDAQ:WDAYLong
by guptalalit_43