Workday Stock Jumps After Activist Investor Reveals $2 Billion Stake

Alex Perry

September 17, 2025

Shares of Workday Inc. (NASDAQ:WDAY) are rising Wednesday after activist investor Elliott Investment Management revealed a $2 billion stake in the human resources technology firm, signaling strong confidence in recent moves.

What To Know: Workday stock traded up to $240 after Elliott announced an investment of more than $2 billion and said it has been collaborating with the company. Shares were up about 7% at last check, according to Benzinga Pro.

Elliott believes Workday has industry-leading growth potential, best-in-class customer retention and a proven management team. The activist applauded the turnaround progress the executive team has made in recent years.

“We are pleased with our dialogue with the team and believe the plan announced at today’s Financial Analyst Day represents a significant enhancement of Workday’s operating model and capital allocation framework,” Elliott said in a statement.

“We believe this multi-year plan will drive substantial long-term value creation for Workday shareholders, and we look forward to continued collaboration with the company.”

Following the analyst day and investment announcement from Elliott, several analysts reiterated positive ratings on Workday stock and raised price targets. Two firms -- Piper Sandler and Guggenheim -- also upgraded the stock. Wednesday’s price target adjustments range from $235 to $340.

Workday also announced Wednesday morning that its board authorized an additional $4 billion in share repurchases on top of the $1.2 billion remaining on its buyback. The company noted that it plans to repurchase approximately $5 billion of its common stock through fiscal 2027.

WDAY Price Action: Workday shares were up 6.81% at $234 the time of publication on Wednesday, according to Benzinga Pro.

Read Next:

Workday Acquires AI Startup Sana For $1.1 Billion

Image: Shutterstock.

Recommended

Turn $10K Into $100K in Trading Capital - Ad

Your $100,000 Trading Shortcut - Ad

"Kings of Billion-Dollar Mines" Have Found a New Target... - Ad

Popular

Is there an AI bubble? Financial institutions sound a warning

LONDON (AP) — Lingering doubts about the economic promise of are starting to get the attention of financial institutions that raised warning flags this week about an AI investment bubble.

Slovak leader announces a deal with US on a new nuclear reactor

BRATISLAVA, Slovakia (AP) — Slovakia’s populist Prime Minister Robert Fico said Tuesday his government has approved an agreement with the United States to build an additional nuclear reactor.

Bloomberg Says AI Is a $50 Trillion Revolution.

Bloomberg Says AI Is a $50 Trillion Revolution. - Ad

And at the center of it... isn't NVIDIA. It's a tiny supplier NVIDIA cannot live without. Insiders like Griffin and Druckenmiller are dumping NVIDIA shares... and quietly piling into this obscure stock. And with NVIDIA set to make a major announcement on November 19 at 5pm, time is running out.

Trump moves toward deal to give US an equity stake in company developing Nevada lithium mine

WASHINGTON (AP) — The White House is moving forward with a deal that would allow the U.S. government to take a small equity stake in a Canadian company that is developing one of the world's in northern Nevada, an official said.

Constellation Brands, Aehr Test Systems And 3 Stocks To Watch Heading Into Monday

US stock futures up, focus on Constellation Brands, SkyWater Tech, Aehr Test Systems, Oruka Therapeutics and VCI Global earnings.

U.S. Government Blocked NVIDIA's Buyout... Here's Why

U.S. Government Blocked NVIDIA's Buyout... Here's Why - Ad

This company's patented technology is considered "critical to U.S. national security." It controls nearly 7,000 patents - covering the very brain architecture NVIDIA needs. NVIDIA is set to make a major announcement on November 19 that Dylan Jovine believes could cause this stock soar.

Trump Escalates Pressure On Afghanistan Over Strategic Bagram Air Base Control: 'Bad Things Are Going To Happen'

Trump threatened the Taliban with unspecified consequences unless Afghanistan returns Bagram Air Base to U.S. control.

America Has A New No. 1 Beer — And It's Got Bud Light DNA

When it comes to beer in the United States, there's a new bestselling brand.

Buffett's Favorite Indicator Flashing Red

Buffett's Favorite Indicator Flashing Red - Ad

The Buffett Indicator just hit 217% - the highest reading ever. Every past warning signal led to decade-long bull runs in gold. But the biggest profits won't come from gold bullion or gold ETFs. Learn about the top 30 miners trading at discounts as deep as 98%.

Steve Jobs Once Paused For 18 Seconds To Answer A Student's Simple Question: Here Is What The Apple Co-Founder Said

Steve Jobs took an 18-second pause before answering a question, showing his habit of thinking first. He values long-term talent development.

Supreme Court Hands Trump A Major Win, Allows $4 Billion In Foreign Aid Freeze To Stay In Place As Congressional Deadline Looms

The Supreme Court has granted the Trump administration permission to keep $4 billion in foreign aid frozen, overriding a lower court's order for immediate spending.

Like Buying $1 for 30¢

Like Buying $1 for 30¢ - Ad

Top gold miners are trading at discounts up to 98% below their real value. I call this the "Golden Anomaly" - and it's already handing investors gains of 441%, 446%, 618%, 784% and more. Get in now before the "Golden Anomaly" gap closes.

Micron CEO Says 'AI Is The Driver Of Our Growth' After Record-Breaking 2025

Micron's CEO Sanjay Mehrotra describes 2025 as a "record-breaking year" and highlights the company's leadership in high-bandwidth memory and DRAM.

Why was Jimmy Kimmel's late-night show suspended? Here's what we know

NEW YORK (AP) — ABC has pulled off the air, indefinitely — an unprecedented move that followed backlash from affiliated broadcasters and the head of the Federal Communications Commission over the comic's remarks about last week's killing of conservative activist .

Bigger Returns With Less Capital? The Multiplier Strategy Explained

Bigger Returns With Less Capital? The Multiplier Strategy Explained - Ad

Instead of paying thousands for an ounce of gold, why not multiply your returns by investing in the companies that mine it? As gold prices climb, their profit margins can skyrocket - and so can their stock price. The gold multiplier effect means bigger profits with lower investment.

3 members of federal control board in Puerto Rico sue Trump and others for illegal firings

SAN JUAN, Puerto Rico (AP) — Three members of a federal control board overseeing Puerto Rico’s finances, by the administration of U.S. President Donald Trump, filed a lawsuit in federal court on Thursday alleging their firings were illegal.

Toyota and Hyundai recall more than 1.1 million vehicles for seat belt, panel display problems

Toyota and Hyundai are recalling a combined 1.1 million vehicles due to problems with the instrument panel displays and seat belts, U.S. auto regulators said Thursday.

Trump's DOGE Payouts Keep Flowing (Up to $32K a Year)

Trump's DOGE Payouts Keep Flowing (Up to $32K a Year) - Ad

Musk may be out, but Trump's DOGE program keeps paying. Ordinary Americans can collect up to $8,276 every 3 months - as much as $32K a year. No gimmicks, no federal workers allowed. Start with just $10 and 5 minutes before the next payout hits.

US To Impose $100,000 Annual Fee On H-1B Visas As Analysts Warn Trump Risks 'Taxing Away' America's Innovation Edge

The Trump administration's plan to impose a $100,000 annual fee on H-1B visas could reshape tech hiring, strain talent pipelines from India and China, and risk driving innovation overseas, analysts warn.

Economists Warn 'Stagflation Is In The Room' Amid Interest Rate Cut News: 'The Fed Has No Idea Where Inflation Will Be,' Says Peter Schiff

Leading economists are reacting to the Federal Reserve's decision to cut interest rates by 25 basis points on Wednesday, with some lauding the central bank's independence, and others warning of difficult times ahead.

A Market Set to Explode

A Market Set to Explode - Ad

By 2030, US energy storage is projected at $465 billion. That's nearly 75% growth. One small US stock is racing ahead of the curve with government programs and rising institutional backing.

Johnson & Johnson's Tecvayli-Darzalex Combo Shows 100% Response In Newly Diagnosed Myeloma Patients

Johnson & Johnson's Tecvayli-Darzalex regimen showed 100% response rates and high MRD negativity in newly diagnosed multiple myeloma patients.

Australia will overhaul telecommunications after Optus emergency call failure linked to 4 deaths

MELBOURNE, Australia (AP) — Australia on Monday foreshadowed changes to the country's telecommunications industry after a major company’s failure to connect hundreds of emergency calls last week was linked to four deaths.

What Would You Do With $100,000 in Trading Capital?

What Would You Do With $100,000 in Trading Capital? - Ad

Our AI system gives investors like you access to $100K-$200K trading accounts-without the stress of manual trading. We've already helped thousands unlock funded accounts. You could be next.

iPhone 17 Sales, Design Team Exodus, Foldable iPhone Production And More: This Week In Appleverse

Apple had a busy week with major updates, including changes in its design team, strong iPhone 17 sales in China and India.

Analyst Expectations For American Express's Future

During the last three months, 10 analysts shared their evaluations of American Express (NYSE: AXP), revealing diverse outlooks from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Claim Your Share of $5.39 Billion in AI Equity Checks

Claim Your Share of $5.39 Billion in AI Equity Checks - Ad

Virtually every AI model is built off stolen data...so it's only fair that you deserve some kind of compensation...And the U.S. government seems to agree. Which is why you could now receive as much as $3,452.50 per month on average from "AI Equity Checks."

Charlie Kirk's Last Interview Highlighted Entrepreneurship and Musk — Elon Says 'Your Memory Lives Strong'

Charlie Kirk's final interview provided a glimpse into his thoughts on entrepreneurship, Gen Z, and Elon Musk.

Asian shares mostly climb after US stocks remained near record levels following the Fed's rate cut

MANILA, Philippines (AP) — Asian shares, led by tech stocks, were mostly higher Thursday after Wall Street indexes churned between gains and losses but ultimately remained near their record levels following the Federal Reserve’s decision to cut its main interest rate.

Triple-Digit Growth in Energy Storage

Triple-Digit Growth in Energy Storage - Ad

The storage industry is growing fast, and one company is leading the charge with triple-digit revenue growth. With a market cap of only $177 million, the upside could be enormous.

Trump And Musk Reunite, Nuclear Stocks Soar, Kimmel's Comeback Breaks Records And More: This Week In Politics

It’s been an eventful week with significant developments in the world of politics and late-night television.

What are Nexstar and Sinclair, the ABC affiliate owners who issued statements against Jimmy Kimmel

NEW YORK (AP) — spoke out against late night ahead of over comments he made about the killing of . Their comments highlight the influence local TV station owners have on national broadcasters such as Disney-owned ABC.

Could $1 Stock Be Sitting on a Billion-Dollar Discovery?

Could $1 Stock Be Sitting on a Billion-Dollar Discovery? - Ad

This $1 stock has already made its mark with a listing on the prestigious NYSE. Now, it's sitting on prime land in one of America's richest gold districts, with the potential for a billion-dollar discovery. For savvy investors, this may be a $1 "Golden Ticket" to massive returns.

One in Five Americans Gets News From TikTok — Up From Just 3% In 2020

A study by the Pew Research Center reveals that TikTok has become a significant news source for one in five Americans.

Trump Warns Russia As Fighter Jets Breach NATO Airspace: 'I Don't Love It…Could Be Big Trouble'

U.S. President Donald Trump warned that Russia's fighter jet incursion into Estonia's airspace "could be big trouble," as NATO scrambled jets, Estonia requested Article 4 consultations, and Trump tied his Russia sanctions strategy to unified NATO action and tariffs on China.

Central Banks Demand More Gold - This $1 Firm Could Supply It

Central Banks Demand More Gold - This $1 Firm Could Supply It - Ad

This tiny company is currently sitting on one of America's largest deposits of gold... land that was hidden away from the public for over 60 years. With Central Banks demanding gold to combat inflation - miners like this one show huge potential for investors

Charlie Kirk Raised $85 Million Last Year — Widow Vows to Continue His Work

The assassination of Turning Point USA founder Charlie Kirk at a Utah Valley University event on September 10 has cast a shadow of uncertainty over the future of his political and business ventures.

Elizabeth Warren Says Measles Can Hit Record Highs, Slams RFK Jr.'s CDC Panel For Delaying Vaccine: 'How Does That Keep Our Kids Safe?'

Sen. Elizabeth Warren (D-Mass.) on Thursday criticized the Centers for Disease Control and Prevention's vaccine advisory panel following its controversial vote to delay the combined measles, mumps, rubella, and varicella or MMRV vaccine for children under 4 years old.

Turn $10K Into $100K in Trading Capital

Turn $10K Into $100K in Trading Capital - Ad

Imagine getting access to $100K-$200K in trading capital-without staring at charts all day. Our AI trading system does the heavy lifting and we've already helped thousands secure $100K+ accounts

What to know about Brendan Carr, the head of the Federal Communications Commission

WASHINGTON (AP) — ABC took comic Jimmy Kimmel's off the air indefinitely Wednesday, just hours after Federal Communications Commission chairman Brendan Carr called his comments about Charlie Kirk's assassination “truly sick.”

Trending Now