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Added to YB: 2024-09-19

Pitch date: 2024-09-19

WDAY [bullish]

Workday, Inc.

-12.33%

current return

Author Info

@TechFundies has been a tech investor for over 20 years and ran a $1b hedge fund for 10 years. Follow on Twitter.

Company Info

Workday, Inc. provides enterprise cloud applications in the United States and internationally. The company offers a suite of financial management applications to maintain accounting information; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; perform financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.

Market Cap

$60.1B

Pitch Price

$246.49

Price Target

395.00 (+83%)

Dividend

N/A

EV/EBITDA

43.15

P/E

104.17

EV/Sales

6.22

Sector

Software

Category

growth

Show full summary:
Workday’s Performance: Balancing Growth Potential and SBC Concerns

WDAY: HCM +17%, FINS +21% but decelerating. 15% rev CAGR, 30% PF OM & FCF by FY27. Strong platform attach rates, int'l growth potential. Valuation: -12% to 21x CY26 FCF, +60% to 30x CY27 FCF. Risk: High SBC, but expected to decrease. AI may boost productivity.

Read full article (2 min)