Workday Shares Sink on Revised Guidance. Is It Time to Buy the Dip in the Stock?

Workday (NASDAQ: WDAY) saw its share price last week after the software-as-a-service (SaaS) company offered fiscal 2025 Q4 guidance failed to excite investors. The stock is now down about 6% on the year at the time of this writing. Given the strong performance of the S&P 500, the stock has clearly had a disappointing 2024. That said, the question now is whether the stock of the financial and human capital management software company can rebound in 2025. Let's take a closer look at its most recent results to see if this is a good time to buy the dip.For its fiscal 2025 Q3 ended Oct. 31, Workday turned in solid results, with revenue climbing 16% year over year to $2.16 billion and subscription revenue also increasing 16% to $1.959 billion. That was just ahead of the $1.955 billion in subscription revenue that it previously forecast, while total revenue came in just above the $2.13 billion analyst consensus, as compiled by LSEG. Adjusted earnings per share (EPS) jumped 21% to $1.89, easily topping the $1.76 consensus. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool