Private equity interest in Workday sparks revaluation of enterprise software stocks amid AI-driven market concerns.
Workday shares jumped 18% after reports that Silver Lake is exploring a $51 billion acquisition of the HR and financial software provider. The potential deal could reshape investor perceptions of enterprise software valuations, which have faced pressure from AI-driven automation fears.
The company reported $9.55 billion in fiscal 2026 revenue, up 13.1%, with subscription revenue rising 14.5% to $8.83 billion. First-quarter fiscal 2027 revenue grew 13.5% to $2.54 billion, signaling steady demand despite broader industry concerns.
No agreement has been finalized, and talks may collapse. The discussions highlight private equity’s interest in software firms with resilient subscription models amid market volatility.