Skip to Content

Workday Inc Class A WDAY Stock Quote

| Rating as of

NASDAQ:WDAY

Morningstar‘s Stock Analysis WDAY

Valuation
Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Workday Flaunts Its Wide Moat and Works Its Positive Moat Trend

Julie Bhusal Sharma Equity Analyst

Business Strategy and Outlook

| Julie Bhusal Sharma |

We consider Workday to be a best-of-breed cloud-only platform for human capital management, or HCM, software. By debuting in 2005 as a first mover in the cloud HCM space at an ideal time—when enterprises were looking to make the move from on-premises to cloud software solutions—Workday has benefited from its timeliness as well as its high-quality product and reputation for smooth implementations. Now that customers have transitioned to a cloud solution with Workday, we think the possibility of another vulnerable event like the cloud migration that would leave Workday susceptible to customers switching, is unlikely. Instead, we see wide-moat Workday as having robust switching costs which, in our view, will only get stronger as the company builds off its core HCM offering.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics WDAY

Company Profile WDAY

Business Description

Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 12,000 employees.

Contact
6110 Stoneridge Mall Road
Pleasanton, CA, 94588
T +1 925 951-9000
Industry Software - Application
Most Recent Earnings Jul 31, 2022
Fiscal Year End Jan 31, 2023
Employees 15,200

Related News WDAY