Workday (NASDAQ:WDAY) Shares Gap Down - Here's What Happened

Market Beat
2026.05.20 18:26
portai
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Workday (NASDAQ:WDAY) shares gapped down from $129.34 to $124.81 before trading, closing at $126.0950. Analysts have set varied price targets, with Needham maintaining a 'buy' rating at $300.00, while Jefferies downgraded to 'hold' at $150.00. The company reported a Q4 EPS of $2.47, beating estimates, with revenue up 14.5% year-over-year. Insiders sold significant shares recently, and institutional investors have adjusted their stakes in the company.