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Elliott Issues Statement on Workday, Inc.
Elliott Management's $2 billion investment backs Workday's leadership and multi-year growth plan amid rising competition and AI integration in HR software, company says.
- Elliott Investment Management L.P. issued a statement on September 16, 2025, confirming its investment exceeding $2 billion in Workday, Inc.
- Elliott's engagement followed a plan announcement at Workday's Financial Analyst Day, outlining enhancements to Workday's operating model and capital allocation.
- Workday, a California-based HR software provider, recently acquired three AI firms including a $1.1 billion deal for Sana amid growing competitive pressure.
- Elliott praised CEO Carl Eschenbach, CFO Zane Rowe, and the management team for significant progress and called Workday a unique franchise with strong growth potential.
- Elliott believes the multi-year plan will generate substantial long-term shareholder value and looks forward to continued collaboration with Workday's leadership.
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Elliott Issues Statement on Workday, Inc.
WEST PALM BEACH, Fla., Sept. 16, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together hold a significant investment in Workday, Inc. (NASDAQ: WDAY) ("Workday"), today issued the following statement:
Activist investor Elliott announces a $2B stake in Workday and says the company's new multi-year plan will drive “substantial long-term value creation”
Ashley Capoot / CNBC: Activist investor Elliott announces a $2B stake in Workday and says the company's new multi-year plan will drive “substantial long-term value creation” — Shares of Workday closed up 7% on Wednesday at $234.88 after activist investor Elliott Investment Management announced a $2 billion stake in the company.
·California, United States
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Total News Sources60
Leaning Left6Leaning Right7Center14Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 22%
C 52%
R 26%
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