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 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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.