Workday (WDAY) Fell Due to a Reduction in 2025 Revenue Guidance
In its first-quarter 2025 investor letter, Hotchkis & Wiley Global Value Fund highlighted stocks such as Workday, Inc. (NASDAQ:WDAY). Workday, Inc. (NASDAQ:WDAY) is a company that offers enterprise cloud applications. The one-month return of Workday, Inc. (NASDAQ:WDAY) was -4.73%, and its shares gained 5.50% of their value over the last 52 weeks. On July 1, 2025, Workday, Inc. (NASDAQ:WDAY) stock closed at $239.23 per share, with a market capitalization of $63.778 billion.
Hotchkis & Wiley Global Value Fund stated the following regarding Workday, Inc. (NASDAQ:WDAY) in its Q1 2025 investor letter:
"Workday, Inc. (NASDAQ:WDAY) is a leader in cloud application software for back-office business functions including human capital management, financials management, and ERP (enterprise resource planning). Stock price was negatively impacted by a reduction in 2025 revenue guidance. Management noted the pressure on current year sales is macro-related. We believe Workday has a formidable competitive advantage that trades at an attractive valuation for a company with premier franchise potential."
A group of finance professionals analyzing market trends on their computer screens.
Workday, Inc. (NASDAQ:WDAY) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 85 hedge fund portfolios held Workday, Inc. (NASDAQ:WDAY) at the end of the first quarter, which was 89 in the previous quarter. Workday, Inc. (NASDAQ:WDAY) reported revenue of $2.24 billion in the fiscal first quarter of 2026, representing an increase of 13% year-over-year. While we acknowledge the potential of Workday, Inc. (NASDAQ:WDAY) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains.
In another article, we covered Workday, Inc. (NASDAQ:WDAY) and shared the list of stocks Jim Cramer put under the microscope recently. Parnassus Core Equity Fund added Workday, Inc. (NASDAQ:WDAY) to its portfolio in Q1 2025. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of WDAY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None. This article is originally published at Insider Monkey.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
BJ's earnings, Chair Powell's Jackson Hole speech: What to Watch
Market Domination Overtime host Josh Lipton takes a look at the top stories for investors to watch on Friday, Aug. 22. BJ's Wholesale (BJ) will report second quarter earnings results in the morning after a full week of retail earnings, offering more insight into the state of the consumer. The Kansas City Federal Reserve's annual Jackson Hole Economic Symposium will continue into its second day, when Fed Chair Jerome Powell will deliver his final speech as chairman for the event. Markets will be listening for any possible signals from Powell on how the Fed will proceed with interest rates in September. Tune in to Yahoo Finance on Friday for continued coverage of the Fed event and of Powell's speech at 10 a.m. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime. Time now for to watch Friday, August 22nd. We're going to start off on the earnings front here. I'm going to be getting more reports on Friday, including another key name in the retail sector with BJ's wholesale. BJ's announced results for the second quarter before the markets open. Now it's expecting sales momentum to come in solid for Q2, with the retailer still benefiting from shoppers looking for value and low prices. And the company's membership price hike earlier this year given a bigger boost to revenue. This is coming against the backdrop of what's been mixed earnings results from retailers like Walmart and Target this quarter. Sector still battling a challenging inflationary environment. And taking a look at the Federal Reserve, all eyes will be on Fed chair Jerome Powell's speech at the Jackson Hole Economic Symposium on Friday. Fed watchers will be focusing in on whether Powell provides any signals about his willingness to cut interest rates at the Central Bank's September FOMC meeting. Yahoo Finance will have continuing coverage from Jackson Hole, including Powell's speech at 10:00 a.m. Eastern.
Yahoo
19 minutes ago
- Yahoo
California American Water Files Motion for Summary Judgment on Hostile Government Takeover Attempt
PACIFIC GROVE, Calif., August 21, 2025--(BUSINESS WIRE)--California American Water has filed a Motion for Summary Judgment asking the Monterey County Superior Court to enter Judgment in favor of California American Water and dismiss the Monterey Peninsula Water Management District's (District) lawsuit seeking to take ownership of the company's Monterey Peninsula water system through eminent domain. The motion argues that the District cannot meet fundamental legal requirements needed to proceed with its action, which therefore should be dismissed. "California American Water is the Monterey Peninsula's provider of safe, reliable water service. Our team is focused on and remains committed to serving their community," said Evan Jacobs, Director of External Affairs. "The District does not have the required Monterey County LAFCO approval or authority to be a retail water provider and has spent more than $3 million dollars of residents' funds on their misguided effort." California American Water's motion asserts that the District lacks legal authorization from the Monterey County Local Agency Formation Commission (LAFCO) to provide retail potable water service. In addition, California American Water asserts that the District is not and has never been an operator of a public water system responsible for the provision of safe drinking water to homes, schools and businesses. The District was created to manage water resources and endeavor to find new, reliable water sources. It is not a retail potable water provider. Subject to any appeals, the Motion for Summary Judgment will end the eminent domain case with judgment in favor of California American Water. "The Water Management District needs to focus on its original charge, to secure reliable new water sources for the Monterey Peninsula and protect the Carmel River," said Jacobs. "Instead, they are focused on lawsuits that are driving up costs for local residents." California American Water and its predecessor companies have operated the Monterey Peninsula's water system for more than 60 years. The system currently serves roughly 100,000 people with a network of over 680 miles of pipeline and over 100 storage tanks. It is one of the most complex water systems in California. About American WaterAmerican Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit and join American Water on LinkedIn, Facebook, X and Instagram. About California American WaterCalifornia American Water, a subsidiary of American Water, provides safe, clean, reliable and affordable water and wastewater services to approximately 750,000 people. For more information, visit and follow California American Water on LinkedIn, Facebook, X, and Instagram. View source version on Contacts Media Contact: Josh StrattonManager, External AffairsCalifornia American WaterPhone: 831-435-6015Email:
Yahoo
19 minutes ago
- Yahoo
Defamation case against Fox News highlights role of its hosts in promoting 2020 election falsehoods
NEW YORK (AP) — Court papers in a voting technology company's $2.7 billion defamation lawsuit against Fox News point to Maria Bartiromo, Lou Dobbs and Jeanine Pirro as leaders in spreading false stories about election fraud in the weeks after Democrat Joe Biden's victory over President Donald Trump in 2020. Arguments for summary judgment by Smartmatic were filed in lightly redacted form this week at the New York Supreme Court. It's like a bad rerun for Fox: Similar revelations about its conduct following the 2020 election came in a lawsuit by another company falsely accused of doctoring votes, Dominion Voting Systems. Fox agreed to pay Dominion $787 million in a 2023 settlement after the judge found it was 'CRYSTAL CLEAR' that none of the claims against the voting system company were true. In short: Fox let Donald Trump aides spread conspiracy theories despite knowing they were false because it was what their viewers wanted to hear. Fox was trying to hold on to viewers who were angry at the network for saying Biden had won the election. Fox said it was covering a newsworthy story. It accuses the London-based company, which had only Los Angeles County as a client for the 2020 election, of exaggerating its claims of damages in the hope of receiving a financial windfall. Pirro now working in the second Trump administration The focus on Pirro is noteworthy because the former Fox personality now serves in Trump's second administration as U.S. attorney in Washington, D.C. Smartmatic, relying on emails and text messages revealed as part of the case, said Pirro was using her position as a Fox host in 2020 to help Trump and persuade him to pardon her ex-husband, Albert Pirro, who was convicted of conspiracy and tax evasion. Trump pardoned him before leaving office in 2021. In a text to then-Republican National Committee chairwoman Ronna McDaniel in September 2020, Pirro said, 'I'm the No. 1 watched show on news cable all weekend. I work so hard for the President and the party,' Smartmatic said in court papers. One of her own producers, Jerry Andrews, called Pirro a 'reckless maniac,' Smartmatic said. He texted after one of her shows in November that it was 'rife (with) conspiracy theories and bs and is yet another example of why this woman should never be on live television." The court papers said Pirro also suggested 'evidence' of supposed fraud to Trump lawyer Sidney Powell that she could use on a television appearance — material that also was spread by Bartiromo. Bartiromo still works at Fox, and in 2020 had shows on both the news channel and Fox Business Network. The court papers uncovered messages showing her desire to help Trump: 'I am very worried. Please please please overturn this. Bring the evidence, I know you can,' she texted to Powell. Dobbs, whose business show was canceled by Fox in February 2021, texted to Powell four days after the election, saying 'I'm going to do what I can to help stop what is now a coup d'etat in (its) final days — perhaps moments," a reference to Biden's victory. Dobbs died in 2024. A central figure in Fox's 'pivot' Smartmatic portrayed Pirro as a central figure in Fox's 'pivot' to deemphasize Biden's victory because it angered Trump fans. Instead, the network found that ratings jumped whenever claims of election fraud were discussed, it said. As in the Dominion case, the discovery process helped Smartmatic find messages and statements that seem embarrassing in retrospect. For example, in early December, Fox's Jesse Watters texted colleague Greg Gutfeld that 'Think of how incredible our ratings would be if Fox went ALL in on STOP THE STEAL.' Fox, in a response to the newly-revealed court papers, pointed to an ongoing corruption case involving Smartmatic and its executives, including a claim by federal prosecutors that it used money from the sale of voting machines to set up a 'slush fund' for bribing foreign officials. 'The evidence shows that Smartmatic's business and reputation were badly suffering long before any claims by President Trump's lawyers on Fox News and that Smartmatic grossly inflated its damage claims to generate headlines and chill free speech,' Fox said. 'Now, in the aftermath of Smartmatic's executives getting indicted for bribery charges, we are eager and ready to continue defending our press freedoms.' Smartmatic has already settled similar defamation claims against Newsmax and One America News Network in relation to their post-2020 election coverage. ___ David Bauder writes about the intersection of media and entertainment for the AP. Follow him at and
