Soumya Eswaran
Thu, May 21, 2026 astatine 8:51 AM CDT 3 min read
In its first-quarter 2026 capitalist letter, Eagle Capital Management highlighted stocks similar Workday, Inc. (NASDAQ:WDAY). Workday, Inc. (NASDAQ:WDAY) is simply a starring endeavor bundle institution that provides unreality applications for quality resources and fiscal management. On May 20, 2026, Workday, Inc. (NASDAQ:WDAY) closed astatine $126.61 per share. One-month instrumentality of Workday, Inc. (NASDAQ:WDAY) was 5.35%, and its shares mislaid 55.60% implicit the past 52 weeks. Workday, Inc. (NASDAQ:WDAY) has a marketplace capitalization of $30.47 billion.
Eagle Capital Management stated the pursuing regarding WORKDAY, INC. (NASDAQ:WDAY) successful its Q1 2026 capitalist letter:
"SAP, WORKDAY, INC. (NASDAQ:WDAY), and Intuit are highly entrenched exertion bundle businesses. Workday is the lone de novo ERP to beryllium successfully built successful decades, with the starring planetary quality superior absorption presumption and a ample financials platform. Software is lately arguable owed to AI-driven disruption. AI is deflationary for engineering costs and volition alteration galore workflows successful however bundle is used. The exertion is widening the organisation of 5- to 10-year outcomes for these businesses. In immoderate cases, the cardinal inclination shifts lower; successful others, it’s unchangeable oregon adjacent shifts upward. The full abstraction has sold disconnected implicit the past year, and we judge the betterment volition beryllium much heterogeneous than the decline. Many businesses volition beryllium impaired, but a fig volition apt benefit.
We person positioned ourselves with companies that we expect to beryllium comparatively resilient, that besides person idiosyncratic net maturation paths oregon telephone options. Workday earns good bel ow normalized margins contiguous and whitethorn reignite merchandise improvement with the instrumentality of its laminitis to the CEO role."

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