Shares of Workday surged over 20% after reports emerged that private equity firm Silver Lake is in talks to acquire the cloud-based enterprise software company. Workday, known for its HR, payroll, and financial management solutions, has a loyal customer base including Netflix and US Bank. The acquisition interest comes as Workday's stock had fallen about 15% earlier in the year due to concerns over AI competition. Silver Lake views Workday as a valuable asset trading at a discount, boosting investor confidence and pushing the stock price above an analyst's $205 target to $206.45.
Workday Inc is in discussions with private equity firm Silver Lake about a potential $43 billion acquisition. The deal is not guaranteed, but analysts see Silver Lake's interest due to Workday's strong ERP business, valuable AI data, and potential fo...
Workday's stock surged over 19% following reports that private equity firm Silver Lake is in talks to acquire the human resources software company. The discussions have been ongoing for several months, boosting Workday's market value above $50 billio...
Workday is viewed as a buy with a fair value estimate of $221–$222 per share, currently trading at about a 27% discount. The company consistently exceeds earnings expectations but growth has slowed to the low-to-mid teens percentage range. Its AI ini...
