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Workday Stock Prediction: AI Revenue Hits $500M

Workday Stock Prediction: AI Revenue Hits $500M

TradingKey – The earnings of Workday for the fiscal first quarter of the year 2027 came as a real breath of fresh air for its stock that had been punished all along. This is because the company, headquartered in California, posted very impressive earnings in which the earnings per share reached the impressive mark of $2.66, thus beating the expectations of Wall Street analysts and their estimates of $2.52. Additionally, the revenues of the company went up 13.5% compared to those seen a year ago to reach $2.54 billion, with the subscription revenue – the key metric in the case of SaaS providers – reaching $2.354 billion (growth rate of 14%).

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Beat Earnings as a Result of Concerns Regarding Generative AI

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