Bernstein Upgrades Workday to Outperform Following Q3 2026 Performance
Bernstein upgraded Workday, Inc. (NASDAQ: WDAY) to Outperform on November 26, 2025, adjusting its price target to $298 from $304. The stock was priced at $233.69 on the day of the upgrade. This follows Workday's robust third-quarter fiscal year 2026 results, which saw significant revenue growth driven by its strategic focus on AI integration. Learn more about Workday's investor profile.
For Q3 2026, Workday reported a 15% year-over-year increase in subscription revenue, reaching $2.244 billion. Total revenue for the quarter grew by 13% to $2.432 billion. The company also achieved an impressive non-GAAP operating margin of 28.5%, reflecting its operational efficiency. Review Workday's financial health.
AI solutions were a significant growth driver, contributing 1.5% to the annual recurring revenue growth. Notably, 75% of new sales during the quarter included an AI solution, underscoring Workday's commitment to artificial intelligence. Expansion efforts, such as the acquisition of Paradox and the enhancement of Workday GO with global payroll and an AI-powered deployment agent, further strengthened the company's offerings for medium enterprises. Explore Workday's mission and vision.
Despite surpassing analyst expectations with earnings of $2.32 per share and exceeding revenue forecasts, Workday's stock experienced a decline after the earnings report. The stock traded between $226.45 and $236.80 on November 26, 2025, with a market capitalization of approximately $62.4 billion. Understand Workday's history and ownership.
Workday, Inc. (WDAY) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.