Workday (WDAY) is trading higher as buyers return to large-cap enterprise software names tied to practical, near-term AI monetization, with Workday’s “agentic AI” narrative and platform expansion back in focus. The stock has been volatile since its late-February earnings cycle, when strong results were overshadowed by a softer-than-expected fiscal 2027 outlook; that reset lowered the bar and has helped support rebound sessions as investors reassess valuation and execution risk. (investor.workday.com)

In its fiscal Q4 and full-year release dated February 24, 2026, Workday guided to fiscal 2027 subscription revenue of about $9.925B–$9.950B (12%–13% growth) and a non-GAAP operating margin of roughly 30%, while emphasizing increased investment in its agentic AI roadmap. The company also highlighted ongoing AI usage on its platform and product/partner expansion efforts, which are key inputs for investors judging whether AI can lift net retention and new deal activity over the next several quarters. (investor.workday.com)

After the February guidance disappointment, the market is increasingly trading Workday on evidence that AI-driven add-ons and integrations translate into durable subscription growth without undermining margin progress. The next catalysts to watch are (1) any incremental commentary on AI-agent adoption and attach rates, (2) signs of re-acceleration in backlog metrics, and (3) additional customer/partner wins that validate demand in a tighter IT spending environment. (investor.workday.com)