Aug. 22 at 9:38 AM
📉
$WDAY beat on Q2 EPS (
$2.21 vs
$2.11 est.) & rev (
$2.35B vs
$2.34B), but the stock still slid after-hours. Why? Growth fears.
⚠️ Subscription rev guidance (
$2.24B) only met expectations — and in this market, “meeting” ≠ enough. Investors wanted acceleration.
💰 Net income jumped to
$228M (from
$132M YoY), full-year outlook reaffirmed at
$9.52B. Solid, but slowing growth + premium valuation (P/E 126 trailing / 26 fwd) = shaky sentiment.
🛑 CEO flagged headwinds in gov + higher ed segments, while Oracle & SAP (
$ORCL,
$SAP) keep pressing.
🚨 Shares dipped 4.3% premarket to
$217.78. Analysts still see ~25% upside (avg PT
$285), but patience is thin in this “growth-at-all-costs” market.
Is
$WDAY just catching its breath — or is this the start of a slowdown?
