Should Investors Buy Into Workday's Turnaround Story?
Workday(WDAY) The Motley Fool·2024-08-30 15:02
The company's shift in focus should be good for investors. Shares of Workday (WDAY 0.79%) shot higher last week after the software-as-a-service (SaaS) company's fiscal 2025 second-quarter results topped analysts' estimates. Nonetheless, the company's stock is still down about 5% year to date. Workday, which provides financial and human capital management software, lowered its guidance in May due to weak headcount growth for its customers, as well as an increasing length of deal cycles. Let's see if the comp ...