Analysts at Deutsche Bank provided their views on Workday, Inc. (NASDAQ:WDAY) ahead of the company’s Q3 results, which are expected to be reported on Nov 18 after market close.
The analysts said that their field work suggests steady momentum as the company continues to see strong traction in medium enterprise, verticals like Financial Services, Retail, Education and Healthcare, and solid trends across both HCM and FINS.
Labor constraints continue to affect the partner ecosystem, which the analysts see as a byproduct of strong demand, though can potentially result in some dislocation.