As of 20 February 2026, Workday, Inc. (NASDAQ: WDAY) is navigating a pivotal moment in its corporate history, balancing a significant stock market correction with the aggressive rollout of its next-generation AI architecture. Founded in 2005 by Dave Duffield and Aneel Bhusri following the hostile takeover of PeopleSoft, the company has evolved from a cloud pioneer into a cornerstone of enterprise HR and finance management.
Market Performance & Q4 Outlook
Workday is currently facing intense market scrutiny, with shares down approximately 33% to 46% over the past year. The stock recently touched a 52-week low of $140.46 CAD (equivalent in USD trading), reflecting broader investor anxiety regarding AI disruption in the SaaS sector.
- Earnings Countdown: Workday is scheduled to report its fiscal fourth-quarter results on 24 February 2026.
- Analyst Projections: Wall Street expects earnings of $2.30 to $2.33 per share on revenue of approximately $2.52 billion.
- Sentiment: Despite the recent selloff, firms like Guggenheim and RBC Capital maintain “Buy” ratings, with price targets ranging from $220 to $285, citing the company’s “oversold” status and material upside potential.
The AI Evolution: “Agent System of Record”
To combat fears of AI obsolescence, Workday has officially launched its Agent System of Record. This platform is designed to provide the governance and visibility required to manage AI agents within the enterprise. By integrating AI-enhanced candidate sourcing directly into its Applicant Tracking System (ATS), Workday aims to automate high-volume tasks like resume parsing and interview scheduling while maintaining compliance audit trails.
Corporate Leadership & Operations
The company is currently under the leadership of CEO Carl Eschenbach, who assumed the role fully in early 2024. Under his tenure, the company has focused on expanding its partner ecosystem and shifting toward a “platform-first” strategy. However, the transition has not been without friction; employee reviews on platforms like Glassdoor currently sit at a 3.6 out of 5, with recent discussions highlighting concerns over industry-wide layoffs and the difficulty of maintaining Workday’s historically high “culture” bar during a period of aggressive AI integration.
| Key Metric (Feb 2026) | Value / Status |
|---|---|
| Next Earnings Date | 24 February 2026 |
| Projected EPS | $2.30 |
| 52-Week Low | $140.46 |
| Strategic Focus | AI Agents & Cloud ERP Expansion |
Editor’s Note: Investors are closely watching the 24 February call for updates on the “Agent System of Record” adoption rates, which will likely determine if the stock can rebound from its current multi-year lows.