Workday reported fiscal Q2 revenues of $2.649 billion, up 12.8% year-over-year, driven by a 13.9% increase in subscription revenues to $2.471 billion. Operating income improved to $313 million, supported by AI adoption which now influences over 25% of new contracts and is used by more than 5,500 customers. The company raised its full-year subscription revenue guidance to nearly $9.95 billion, expecting 13% growth, and increased its non-GAAP operating margin forecast to 31.0%. Workday continues to invest in AI capabilities and strategic partnerships with AWS and Google Cloud, positioning itself for sustained expansion in enterprise AI solutions.
ServiceNow's stock surged 29% in August following a strong Q2 earnings report that beat expectations with 24% revenue growth and significant AI product adoption. The company raised its FY26 subscription revenue guidance and set ambitious long-term ta...
Workday's stock price target was increased to $225 by Jefferies, reflecting about a 12.5% potential gain from current levels. The company shows solid financial health with $10 billion in subscription revenue and strong free cash flow margins of 28-30...
