Workday Inc. (WDAY) Finalizes Its Acquisition of Paradox

Third Point Management holds $72,000,000 worth of Workday, Inc. (NASDAQ:WDAY) shares, representing 0.94% of its portfolio. The stock is included in our list of Billionaire Dan Loeb’s 10 Stocks with Huge Upside Potential.

Workday Inc. (WDAY) Finalizes Its Acquisition of Paradox

Workday Inc. (NASDAQ:WDAY) finalized its acquisition of Paradox on October 1, 2025. Paradox is a conversational AI hiring platform designed to streamline recruitment processes, especially for frontline industries.

With this acquisition, Workday Inc. (NASDAQ:WDAY) aims to expand its AI capabilities to create a unified, end-to-end talent acquisition suite. As a result, it will integrate automation into hiring, scheduling, and candidate engagement.

Meanwhile, a week earlier, BMO Capital reaffirmed its “Outperform” rating on Workday Inc. (NASDAQ:WDAY). The investment firm’s bullish stance stems from its confidence in the company’s long-term growth prospects. In particular, its acquisition of Paradox is expected to simplify hiring at scale and enhance recruiter efficiency, strengthening its positioning within the AI-driven human capital management market.

Workday Inc. (NASDAQ:WDAY) operates across the U.S. and international markets, providing enterprise cloud applications for finance, HR, and analytics. It is included in Dan Loeb’s stock portfolio.

While we acknowledge the potential of WDAY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WDAY and that has 100x upside potential, check out our report about this cheapest AI stock.

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