Get started
Workday, Inc.Workday, Inc.Workday, Inc.

Workday, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

WDAY trade ideas

Workday is working up to something special! 58% UpsideWorkday - NASDAQ:WDAY We have a falling wedge breakout with a successful retest pushing into a Multi-Year Cup&Handle breakout! We have a great catalyst as well. They've just been added to the S&P500 AMEX:SPY , which sent this stock to $287.26 after hours on Friday. With that move we most likely break above the -20 area on the Williams R% and start to form our Williams Consolidation Box. H5 Indicator is green and we are launching off the AVP shelf into ATH's territory. Will look for a pullback this week in order to enter, targeting previous resistance to turn into support at $265-$275 area. 🎯$310 🎯$490 Multi-year timeframe but will get there much faster IMO. NFA
NASDAQ:WDAYLong
by RonnieV29
INTU Trade Idea Post EarningsTrade Plan 1. Bullish Trade Scenario Setup: Main Level to Watch: A break and close above $263.66. This level is key for continuation and could signal further upside. Entry Point: Enter on a pullback to the closing price of the earnings day, around $259.96. Stop Loss: Set below the low of the day (LOD) at $254.52. This places your stop just below a significant intraday support level, minimizing risk. Profit Targets: First Target: $275 (a potential area of resistance or psychological level) Second Target: $295 (a higher target, assuming strong continuation) Risk-to-Reward (R/R): Risking about $6 per share for a potential first target at $275 gives you approximately 2.36R. If the price reaches $295, the R/R increases even further. Considerations for the Bullish Trade: Positive Earnings Report: The earnings were bullish, suggesting potential for further upside. Strong Buyers Support: The steady buying throughout the day and the close above VWAP indicate strong buyer interest. Gapped Up with Volume: The gap-up and subsequent market cap increase demonstrate a strong market reaction to earnings, but also indicate some profit-taking potential after such a big move. 2. Bearish Trade Scenario Setup: Main Level to Watch: A break below the LOD at $254.52. This could signal weakness or a potential fill of the earnings gap. Entry Point: Enter a short position on a break of the LOD at $254.52. Stop Loss: Set above the closing price of the earnings day at $260.79. This gives some room above the recent support turned resistance if the stock reverses. Risk-to-Reward (R/R): Risking about $6.27 per share with the potential for a gap fill or further downside. Considerations for the Bearish Trade: Overextension Risk: The stock gapped significantly from $232 to $262, adding over $10 billion in market cap overnight. This might indicate overextension and potential for a pullback. Potential Profit-Taking: After a substantial gap up, there's often some profit-taking which could lead to a correction or retracement to lower levels. Unpredictability of Stock Reactions: Despite bullish earnings, stocks can be unpredictable, and any market sentiment or macroeconomic factors could cause a sell-off. Earnings Recap: Key Financial Highlights Total Net Sales: Current Quarter: $2.085 billion Year-Ago Quarter: $1.787 billion YoY Growth: 16.7% Subscription Services Revenue: Current Quarter: $1.9 billion Year-Ago Quarter: $1.62 billion YoY Growth: 17.3% 12-Month Revenue Backlog: $6.8 billion, up 16.1% YoY Total Revenue Backlog: $21.58 billion, up 20.9% YoY Professional Services Revenue: Current Quarter: $182 million Year-Ago Quarter: $163 million YoY Growth: 11.7% Profitability and Efficiency Operating Income: Current Quarter: $111 million Year-Ago Quarter: $36 million YoY Growth: 208.3% Non-GAAP Operating Income: Current Quarter: $518 million Year-Ago Quarter: $421 million YoY Growth: 23% Non-GAAP Operating Margin: Improved from 23.6% to 24.9% Cash Flow and Liquidity Operating Cash Flow: Current Quarter: $571 million Year-Ago Quarter: $425 million YoY Growth: 34.4% Share Repurchases: 1.4 million shares repurchased for $309 million Cash Position: Cash and Equivalents: $7.37 billion Long-Term Debt: $2.98 billion
NASDAQ:WDAY
by thinkCNE
1
8/22/24 - $wday - avoiding the $snow fall effect8/22/24 :: VROCKSTAR :: NASDAQ:WDAY avoiding the NYSE:SNOW fall effect - a ton of that cash is stock comp. finally people are starting to wake up to what i've been hammering for a while. stock comp matters when it's more than 100% of "free" cash flow and you're just stuck buying back your employees bags that are dumping it the moment they get it. - i do think NASDAQ:WDAY is possibly less of an offender than NYSE:SNOW in this situation (on SBC) but it's still meaningful. - 30x next year PE on 15% growth so 2x PEG? still high. 3.5% fcf gen on low teens top line growth - perhaps better than cash - but i still have other names that look better. - 7x sales for 15% growth when co's are saying B2B is weak and we're facing an unclear macro situation in the weeks/ months ahead and with Uncle Jerome set to speak on Friday? - I'd say any up move here is probably quite limited unless they smash. and frankly i'm not close enough to have that POV (i look at so much stuff). and any down move is probably a tough one to dip buy with conviction unless we're talking >20%. so i don't want to be stuck say... taking the L or be the first one to monetize a pop on a beat. i just avoid these situations. frankly in a normal functioning market i'd probably short it at this pt. but it's a setup that i'm comfortable watching on the sidelines. if you're long it, you better have an edge or conviction. bc i think the market has given you a nice oppty to exit in the last two weeks including this afternoon. sometimes you don't get that luxury. think about it, okay? anon? V
NASDAQ:WDAYShort
by VROCKSTAR
Workday Stock Slides 14% Amid Soft Subscription Revenue GuidanceWorkday shares ( NASDAQ:WDAY ) fell 14% in extended trading on Thursday after the company provided softer-than-expected current-quarter and full-year subscription revenue guidance. The company lowered its full-year subscription revenue forecast due to elevated sales scrutiny and lower customer headcount growth. Workday ( NASDAQ:WDAY ) also announced a partnership with the Defense Intelligence Agency to modernize the government agency's human resources efforts. The company's updated subscription-revenue guidance reflects the elevated sales scrutiny and lower customer-headcount growth experienced during the quarter. However, Workday ( NASDAQ:WDAY ) said its increased efficiencies helped boost its annual adjusted operating margin by half a percentage point to 25%. For the three-month period ending April 30, the company posted net sales of $1.99 billion, slightly ahead of the consensus view. On the earnings front, it posted an adjusted profit of $1.74 per share, surpassing analysts' expectations of $1.58 a share. Workday ( NASDAQ:WDAY ) announced late Thursday that the Defense Intelligence Agency (DIA) had selected it to modernize its human resources efforts, helping the company expand its footprint into the public sector. Workday ( NASDAQ:WDAY ) shares have trended higher since completing a double bottom pattern in November 2022, with momentum accelerating after the 50-day moving average crossed above the 200-day MA to generate a golden cross signal early last year. Investors should monitor how the stock responds to support near a key horizontal line around $238 that closely aligns with a significant November-price gap. A decisive close below this crucial level could lead to a deeper pullback to longer-term support at the $205 region.
NASDAQ:WDAY
by DEXWireNews
3 Reasons Why ...This Stock Is A Good BuyAm trying to understand candle stick patterns and so about a month ago I got a book from Kindle about candle stick patterns -- I used my last savings to buy this book because I was so interested in learning about chart patterns -- Combing chart patterns with the rocket booster strategy Is the ultimate way to trade let me give you 3 reasons why: -- - The price is above the 50 MA - The price is above the 200 MA - The price is going to go up or "boost up" tomorrow -- If you want to learn more about the rocket booster strategy then rocket boost this post for more information -- Disclaimer: Trading is risky you will lose money from trading please learn risk management
NASDAQ:WDAYLong
by lubosi
5/23/24 - $wday - tough setup, just watching the PM print only5/23/24 - vrockstar - NASDAQ:WDAY - not the best setup into the print, high teens sales and EPS growth (~16% this year) gets you 40x PE and 7.5x sales, 2-3% fcf yield (without a stock comp illusion). basically this stock is priced for perfection here, which if you see recent prints... sales hasn't been beating by a lot. a lot of these enterprise names have had tough sledding this Q. on the converse, NASDAQ:MNDY had a nice move - and these things are decent comps, which might indicate a similar song *it rhymes* right? i'm going to be on the sidelines. i'd like to own this, but it's hard to dip buy with conviction at this valuation on a miss. and it's hard for me to chase higher too. that keeps me watching only. gl to the holders. lmk if you have a diff POV.
NASDAQ:WDAY
by VROCKSTAR
Workday BUY on strength!!!!Workday is a stock that has been heavily penalized by the declines of recent weeks. The price rose strongly above the 200 EMA and left behind a strong accumulation of volumes (strong support). On the strength of today, I bought this stock at the close. The low volume area above today's closing price is very likely to be violently covered. I forward my analysis for educational purposes ONLY, do not imitate my operations. The undersigned is not responsible for any losses suffered.
NASDAQ:WDAYLong
by NewHOrizons1
WDAY even though PLTR is BetterFundamentals: Workday (WDAY) and Palantir Technologies (PLTR ) are in the same industry, but PLTR is the better growth stock currently. PLTR is a YJ growth stock. WDAY does not meet any parameters in my filters. It is not a super stock. However, it is a healthy growth stock in a good industry. "Sometimes a stock does go up simply because the company is doing well and everybody is aware of it." (Darvas). Earnings are great and sales have been accelerating. Workday's company's quarterly report comes out in 4 days. Technicals: Weekly: uHd on heavy volume extremes indicator a-b-c pullback weekly trendline horizontal support 61.8% fib candle pattern looks like it will be either a doji or a hammer with high volume Daily uRd extremes indicator window/gap support 61.8%fib with morning star a-b-c completion of a down Crown pattern Comment: SL is under 200. Target is 350.
NASDAQ:WDAYLong
by Rocketman
WDAY, this software company reports today LONGWDAY provides software for large enterprises; it reports Monday the 26th after market hours. On the 15-minute chart, it is surging. A recent news catalyst was an upgrade to a target of $ 350. My call options went double digits from a buy on Friday the 23rd at the opening bell. This looks like a good one for earnings scalping whether it is with shares or a call option. (The $320 call option for 3/1 is up 42% so far since the morning open). WDAY is part of the AI trend; the real question is how much AI integration is built out at this time and what is waiting for design and testing before deployment.
NASDAQ:WDAYLong
by AwesomeAvani
4