Workday (WDAY) Announces Plans to Invest CA$1 billion in Canada

1 week ago 9

Bob Karr

Mon, January 26, 2026 astatine 8:58 AM CST 1 min read

Workday, Inc. (NASDAQ:WDAY) is 1 of the Best Long-Term Tech Stocks to Buy According to Analysts. On January 20, the institution announced its plans to put CA$1 cardinal successful Canada implicit the adjacent 5 years. This highlights Workday, Inc. (NASDAQ:WDAY)’s committedness to maturation successful Canada, including plans to further make section tech endowment and fortify section lawsuit support.

Workday (WDAY) Announces Plans to Invest CA$1 cardinal successful Canada

The announcement comes astatine a clip erstwhile the Canadian authorities is focused connected advancing its “Canada Strong” agenda, emphasizing liable AI arsenic good arsenic home capability-building arsenic nationalist priorities. Workday, Inc. (NASDAQ:WDAY)’s CEO added that with the absorption connected redefining ERP for the AI era, the multi-year concern would assistance signifier Canada’s integer future.

On January 12, Barclays reduced its terms nonsubjective connected Workday, Inc. (NASDAQ:WDAY)’s banal to $275 from $280, portion keeping an “Overweight” rating. Notably, the steadfast adjusted its ratings and terms targets for the broader bundle radical successful enactment with its 2026 outlook.

Workday, Inc. (NASDAQ:WDAY) offers endeavor unreality applications.

While we admit the imaginable of WDAY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest successful Now

Disclosure: None. This nonfiction is primitively published at Insider Monkey.