WDAY is trading at $135.13 (11% up) in after-hours trading after reporting better-than-expected fiscal Q1 results and highlighting a strategic shift toward agentic AI infrastructure.
- Strong subscription revenue and backlog growth reassured investors, offsetting concerns regarding conservative forward guidance.
- Management emphasized Chapter 4 of the company's growth strategy, focusing on AI-driven innovation under returning CEO Aneel Bhusri.
- A solid EPS beat and the emphasis on agentic AI infrastructure have triggered a sharp post-close re-rating of the stock.