Financial PerformanceAnalyst suggests that the new 12-month cRPO metric improves visibility into the company's growth rate and could alleviate investor concerns, potentially acting as a positive catalyst for the stock.
Market OpportunityAnalyst highlights Workday's low penetration in its $142bn+ total addressable market, indicating substantial room for growth, especially as the market is expanding at a robust CAGR.
Product ExpansionWorkday's continued expansion into international markets and sectors, including finance and mid-market, positions it for accelerated subscription growth, bolstering investor confidence in its future revenue streams.