Workday Inc

Workday Inc Stock Forecast & Price Prediction

Live Workday Inc Stock (WDAY) Price
$270.88

39

Ratings

  • Buy 27
  • Hold 11
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$270.88

P/E Ratio

45.89

Volume Traded Today

$5.6M

Dividend

Dividends not available for WDAY

52 Week High/low

311.28/199.81

Workday Inc Market Cap

$74.46B

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WDAY Summary

The Workday Inc (WDAY) share price is expected to increase by 6.67% over the next year. This is based on calculating the average 12-month share price estimate provided by 39 stock analysts who have covered WDAY. Price targets range from $200 at the low end to $350 at the high end. The current analyst consensus for WDAY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

WDAY Analyst Ratings

WDAY is a stock in Technology which has been forecasted to be worth $288.94083 as an average. On the higher end, the forecast price is $350 USD by Derrick Wood from Cowen & Co. and on the lower end WDAY is forecasted to be $200 by from Canaccord Genuity.

WDAY stock forecast by analyst

These are the latest 20 analyst ratings of WDAY.

Analyst/Firm

Rating

Price Target

Change

Date

Michael Turrin
Wells Fargo

Overweight

$330

Maintains

Dec 9, 2024
Brian Schwartz
Oppenheimer

Outperform

$300

Maintains

Dec 3, 2024
Raimo Lenschow
Barclays

Overweight

$305

Maintains

Nov 27, 2024
Yun Kim
Loop Capital

Hold

$242

Maintains

Nov 27, 2024
Brad Sills
B of A Securities

Buy

$285

Maintains

Nov 27, 2024
Keith Weiss
Morgan Stanley

Overweight

$330

Maintains

Nov 27, 2024
Brent Bracelin
Piper Sandler

Neutral

$270

Downgrade

Nov 27, 2024
Scott Berg
Needham

Buy

$300

Reiterates

Nov 27, 2024
Scott Berg
Needham

Buy

$300

Reiterates

Nov 25, 2024
Allan Verkhovski
Scotiabank

Sector Outperform

$340

Initiates

Nov 18, 2024
Yun Kim
Loop Capital

Hold

$270

Maintains

Nov 14, 2024
Steven Enders
Citigroup

Neutral

$270

Maintains

Sep 25, 2024
Kash Rangan
Goldman Sachs

Buy

$305

Maintains

Sep 19, 2024
Patrick Walravens
JMP Securities

Market Outperform

$315

Reiterates

Sep 19, 2024
Scott Berg
Needham

Buy

$300

Maintains

Sep 18, 2024
Daniel Jester
BMO Capital

Outperform

$300

Maintains

Sep 18, 2024
Brent Bracelin
Piper Sandler

Overweight

$285

Maintains

Sep 18, 2024
David Hynes
Canaccord Genuity

Buy

$300

Maintains

Sep 13, 2024
Michael Turrin
Wells Fargo

Overweight

$300

Maintains

Aug 23, 2024
Kirk Materne
Evercore ISI Group

Outperform

$310

Maintains

Aug 23, 2024

WDAY Company Information

What They Do: Provides enterprise cloud applications for business management.

Business Model: The company generates revenue by offering a comprehensive suite of cloud-based applications that assist organizations in financial management, human capital management, spend management, and analytics. Its solutions enable businesses to streamline operations, enhance financial processes, and gain insights into performance, thereby driving efficiency and informed decision-making.

Other Information: Workday serves a diverse range of industries, including professional services, financial services, healthcare, education, and retail. The company was founded in 2005 and is headquartered in Pleasanton, California. It also offers custom application development through Workday Extend, allowing clients to tailor their solutions to specific needs.
WDAY
Workday Inc (WDAY)

When did it IPO

2012

Staff Count

19,908

Country

United States

Sector/Industry

Technology/Software - Application

CEO

Mr. Carl M. Eschenbach

Market Cap

$74.46B

Workday Inc (WDAY) Financial Data

In 2023, WDAY generated $6.22B in revenue, which was a increase of 20.96% from the previous year. This can be seen as a signal that WDAY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$4.32B

0.00 %
From Previous Year

Revenue From 2022

$5.14B

19.01 %
From Previous Year

Revenue From 2023

$6.22B

20.96 %
From Previous Year
  • Revenue TTM $7.86B
  • Operating Margin TTM 5.3%
  • Gross profit TTM $5.49B
  • Return on assets TTM 1.4%
  • Return on equity TTM 21.1%
  • Profit Margin 19.6%
  • Book Value Per Share 30.63%
  • Market capitalisation $74.46B
  • Revenue for 2021 $4.32B
  • Revenue for 2022 $5.14B
  • Revenue for 2023 $6.22B
  • EPS this year (TTM) $6.10

Workday Inc (WDAY) Latest News

News Image

Mon, 09 Dec 2024

Sentiment - POSITIVE

Source - Proactive Investors

Summary - Workday Inc (NASDAQ: WDAY) shares rose nearly 6% to around $282 after the company announced it will join the S&P 500 on December 23 during the quarterly rebalance.

Why It Matters - Workday's inclusion in the S&P 500 boosts its visibility and demand, potentially driving up its stock price further and attracting institutional investors.

News Image

Mon, 09 Dec 2024

Sentiment - POSITIVE

Source - Investopedia

Summary - Apollo Global Management (APO) and Workday (WDAY) shares are rising over 5% and 8% in premarket trading after being added to the S&P 500 Index.

Why It Matters - Inclusion in the S&P 500 typically boosts stock prices due to increased demand from funds that track the index, indicating potential for further gains for APO and WDAY.

News Image

Mon, 09 Dec 2024

Sentiment - POSITIVE

Source - Yahoo Finance

Summary - Apollo Global Management (APO) and Workday (WDAY) will join the S&P 500 on Dec. 23, replacing Qorvo (QRVO) and Amentum (AMTM) as part of an index rebalancing.

Why It Matters - Apollo Global Management and Workday's inclusion in the S&P 500 signals increased market confidence, potentially boosting their stock prices and attracting institutional investments.

News Image

Mon, 09 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - MetLife has partnered with Workday, Inc. as a Workday Wellness partner to enhance employee wellness offerings for employers, utilizing AI-powered solutions to optimize benefits portfolios.

Why It Matters - MetLife's partnership with Workday enhances its benefits offerings, potentially attracting more clients and boosting revenue, which can positively affect its stock performance.

News Image

Fri, 06 Dec 2024

Sentiment - POSITIVE

Source - CNBC

Summary - Workday will replace Amentum Holdings in the S&P 500. The company became profitable in FY 2022 and anticipates 14% subscription revenue growth by FY 2026.

Why It Matters - Workday's inclusion in the S&P 500 signals increased visibility and credibility, while its profitability and growth forecasts suggest strong potential for future performance.

News Image

Thu, 05 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Workday has introduced new drivers to simplify data integration, which is expected to enhance analytics and reporting capabilities for users.

Why It Matters - Enhanced data integration in Workday can lead to improved analytics and reporting, boosting operational efficiency and decision-making, which can positively impact company performance and stock value.

...

WDAY Frequently asked questions

The highest forecasted price for WDAY is $350 from Derrick Wood at Cowen & Co..

The lowest forecasted price for WDAY is $200 from from Canaccord Genuity

The WDAY analyst ratings consensus are 27 buy ratings, 11 hold ratings, and 1 sell ratings.