WDAY

AI Research

Workday Co-Founder Returns as CEO → FY2026 Revenue +13% to $9.55B, Stock Down 31% YTD

Workday co-founder Aneel Bhusri returned as CEO, replacing the prior CEO amid investor pressure over slowing growth, as the company reported FY2026 revenue of $9.55 billion, up 13% year-over-year, though the stock is down approximately 31% year-to-date reflecting concerns about growth deceleration. Analysts hold a Buy consensus, viewing the founder's return as a stabilizing catalyst with the stock trading at a significant discount to its historical multiple. Risks include continued subscription revenue growth deceleration, competition from SAP and Oracle in enterprise HCM software, and customer attrition from leadership uncertainty.