On September 14, Workday rose 5.1% in regular trading, trading at $195.15/share, with turnover of $195 million. The rally was driven by a wave of analyst price-target upgrades and persistent speculation around a potential take-private deal involving Silver Lake Capital.

Multiple investment banks have recently raised their price targets on Workday, including Daiwa Securities to $230, JPMorgan to $225, Barclays to $224, UBS to $220, and Bank of America to $205. The consensus average target now stands at approximately $211. Morgan Stanley noted that software sector valuations have fallen to levels attractive enough for private equity to re-engage, providing a backdrop for the Silver Lake acquisition rumors that first surfaced in mid-August and sent shares surging nearly 18% at the time.

Fundamentally, Workday reported fiscal Q2 adjusted EPS of $2.75, beating the $2.61 consensus by over 5%, on revenue of $2.65 billion. Notably, AI products accounted for more than 25% of new quarterly contract value, with over 5,500 customers now using Workday's AI agents, up 35% sequentially. UBS characterized fiscal 2027 as a catch-up year for AI monetization rather than a signal of demand weakness.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)