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
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.
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