Adaptive Insights

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-47%

est. 2Y upside i

FinTech

Rank

#3132

Sector

Corporate Performance Management (CPM), Financial Planning & Analysis (FP&A)

Est. Liquidity

~0Y

Data Quality

Data: High

The equity opportunity is tied to Workday (WDAY), a public company with a current market cap of approximately $38 billion.

Last updated: March 10, 2026

Bull (25%)+80%

Workday exceeds conservative FY27 guidance, driven by strong adoption of new AI capabilities within Workday Adaptive Planning and other core products. Market multiples for enterprise SaaS expand, pushing Workday's revenue growth to 15-18% and its market capitalization to approximately $68.4 billion, representing an 80% increase from current levels.

Base (45%)+30%

Workday meets its FY27 subscription revenue guidance of 12-13% growth, maintaining strong non-GAAP operating margins around 30%. The company continues to execute steadily in its core HCM and Financials markets, with Workday Adaptive Planning holding its competitive position. This leads to a market capitalization of approximately $49.4 billion, a 30% increase from the current valuation.

Bear (30%)-35%

Workday's growth decelerates further due to prolonged delays in large enterprise deals, intensified competition from incumbents like Oracle and SAP, and new AI-native solutions disrupting the market. This leads to market multiple compression and a decline in market capitalization to approximately $24.7 billion, a 35% decrease from the current valuation.

Est. time to liquidity~0.0 years

Preference Stack Risk

low

Funding Intensity

11%

Not applicable as Workday is a public company; employees receive common stock/RSUs directly tied to the public share price, with no liquidation preferences ahead of common shareholders.

Dilution Risk

moderate

Dilution occurs through stock-based compensation, a common practice for public tech companies, but Workday's share repurchase programs (e.g., $2.9B in FY26) can help offset this.

Secondary Liquidity

active

Workday shares (WDAY) are actively traded on the NASDAQ stock exchange, providing immediate liquidity for vested equity.

View all 4 open roles at Adaptive Insights →

Last updated: February 18, 2026

Questions to Ask at the Interview

Strategic questions based on Adaptive Insights's data — designed to show you've done your homework.

  • 1

    “How is Workday Adaptive Planning differentiating itself from specialized FP&A competitors like OneStream and Planful, especially given Workday's broader HCM and Financials suite and the increasing focus on AI capabilities?”

  • 2

    “Workday's FY27 guidance indicates a slight deceleration in subscription revenue growth. What specific strategies are in place to re-accelerate growth, particularly within the Adaptive Planning segment, and how do recent AI investments play into this?”

  • 3

    “Given the recent volatility in Workday's stock price and the current market conditions, how does the company view the long-term value proposition of its equity for employees, and what is the expected timeline for employees to realize value from their RSUs/options?”

Community

Valuation Sentiment

Our model estimates -47% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.