Workday named Gartner leader: Workday stock gains 2.25 percent

Published on 10/20/2026 at 14:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS cut its target from USD 220 to USD 210 on October 14, 2026. Workday stock costs EUR 175.55 on October 20, 2026 versus EUR 171.68 at Xetra.

Analyst target and reporting date

Workday was named a 2026 Gartner leader on October 19, 2026.
UBS cut its Workday target from USD 220 to USD 210 on October 14, 2026.
Workday stock trades at EUR 175.55 at 2:18 p.m. CEST at Lang & Schwarz on October 20, 2026, 2.25 percent above the Xetra close of October 19, 2026.

WDAY, US98138H1014, Illustration mit AI erstellt.

Workday (US98138H1014) was trading at EUR 175.55 at Lang & Schwarz on October 20, 2026 at 2:18 p.m. CEST, up 2.25 percent versus the Xetra close of October 19, 2026 at EUR 171.68. Workday said on October 19, 2026 that Gartner named it a Leader in the 2026 Magic Quadrant for Cloud ERP Finance.

Three dates explain the setup

On September 29, 2026, Workday disclosed a reorganization affecting 2.50 percent of its workforce and estimated charges of USD 65 million to USD 80 million. The filing also said fiscal 2027 third-quarter GAAP operating margin would be 20 to 21 percentage points below the non-GAAP margin. The SEC filing provides the details.

On October 13, 2026, Workday announced an agreement to acquire C1.ai, an agentic identity platform. Workday said the transaction is expected to close by January 31, 2027, subject to customary conditions.

What does the USD 210 target mean?

Markets Insider reported on October 14, 2026 that UBS lowered its target for Workday from USD 220 to USD 210 while keeping a Neutral rating. The revised target is 7.53 percent above the Nasdaq price of USD 195.20 dated October 19, 2026, using the primary-exchange quote as a separate reference.

Dates and valuation

The C1.ai transaction is expected to close by January 31, 2027. Workday's USD 47.0 billion market capitalization and USD 110.36 to USD 247.40 52-week range were dated October 19, 2026. The range places the stock below its yearly high while leaving substantial distance from the low.

Stock holds above Xetra close

Workday's latest fiscal second-quarter revenue was USD 2.649 billion for the period ended July 31, 2026, while operating profit was USD 313 million. Those figures provide a financial baseline for assessing the acquisition strategy and the restructuring charges.

Workday was trading at EUR 175.55 at Lang & Schwarz on October 20, 2026 at 2:18 p.m. CEST, 2.25 percent above the Xetra close of October 19, 2026 at EUR 171.68. The Nasdaq quote was last at USD 195.20 on October 19, 2026 at 4:00 p.m. EDT. The further course of trading is shown by the continuously updated real-time quote of Workday stock.