WDAY

Workday Inc - Ordinary Shares - Class A

TMT


Presented:11/10/2023
Price:$230.01
Cap:$60.26B
Current Price:$244.83
Cap:$65.12B

Presented

Date11/10/2023
Price$230.01
Market Cap$60.26B
Ent Value$59.31B
P/E RatioN/A
Book Value$23.95
Div Yield0%
Shares O/S262.00M
Ave Daily Vol1,711,809
Short Int1.71%

Current

Price$244.83
Market Cap$65.12B
Workday, Inc. engages in the development of enterprise cloud applications for finance and human resources. It delivers financial management, human capital management and analytics applications designed for companies, educational institutions and government agencies. The company was founded by David A. Duffield and Aneel Bhusri in March 2005 and is headquartered in Pleasanton, CA.

Publicly traded companies mentioned herein: Workday Inc (WDAY)

Highlights

The presenter views Workday Inc (WDAY) as a tactical short. Recent checks have been very strong, leading the stock to trade up, and he expects it to continue outperforming into the fiscal Q3’24 print on November 28th. While he expects the company to beat on current remaining performance obligations (cRPO) this quarter, that metric is being propped up by duration. As sentiment continues improving into the print, he thinks the market will expect an 18%+ growth guidance for next year, leading to a major letdown if management guides closer to 17%. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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