Workday: Solid Q1 Revenue, Earnings Beat, Stock Gets Punished For Cautious Guidance — These Analysts Revise Price Target
1. Workday's Q1 results led to a 12% stock decline. 2. cRPO growth of 15.6% exceeded expectations but included tenant contracts. 3. Analysts maintain mixed ratings; price targets vary from $255 to $340. 4. Operating margins hit 30%, better than past quarters, aiding profitability. 5. Second-quarter guidance reflects conservative outlook amidst macro uncertainties.