Workday reported strong Q1 results with revenue up 13.5% to $2.54B, beating estimates. New ACV growth hit a five-year high, and AI features like Sana are boosting demand. Shares jumped 10% as AI disruption fears eased. Needham cut its price target to $180 but kept a Buy rating. Analysts see Workday as insulated from AI disruption due to its large user base and strong retention.