MassMutual Private Wealth & Trust FSB reduced its holdings in Workday, Inc. by 65.8% in Q4, selling 5,633 shares and retaining 2,933 shares valued at $630,000. Despite this, Workday's recent earnings beat expectations with $2.47 EPS and $2.53 billion revenue, showing 14.5% growth year-over-year. Several analysts have downgraded the stock or lowered price targets, reflecting cautious sentiment, while insiders have sold significant shares recently. Workday remains a major cloud software provider with a market cap near $35 billion and mixed analyst ratings overall.
Workday received a Strong Buy rating with a target price of $145, reflecting a valuation of 13.5x FY2027 and 11.5x FY2028 earnings amid market pessimism. The company is benefiting from Agentic AI, which has boosted new contract value by over 200% yea...
Workday shares have dropped over 35% in the past year due to concerns that generative AI might replace its HR software platform. However, the company's Q1 2027 results showed a healthy 14.7% year-over-year growth in subscription revenue, indicating o...
