Workday, Inc. (WDAY)
NASDAQ: WDAY · IEX Real-Time Price · USD
211.45
+4.01 (1.93%)
At close: May 31, 2024, 4:00 PM
211.40
-0.05 (-0.02%)
After-hours: May 31, 2024, 7:59 PM EDT
Workday Stock Forecast
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Workday stock have an average target of 283.07, with a low estimate of 190 and a high estimate of 350. The average target predicts an increase of 33.87% from the current stock price of 211.45.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Workday stock from 30 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 7 | 7 | 7 | 8 |
| Buy | 19 | 18 | 17 | 17 | 17 | 15 |
| Hold | 7 | 6 | 7 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 33 | 31 | 32 | 32 | 32 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bernstein | Bernstein | Buy Maintains $321 → $301 | Buy | Maintains | $321 → $301 | +42.35% | May 24, 2024 |
| Guggenheim | Guggenheim | Strong Sell Reiterates $190 | Strong Sell | Reiterates | $190 | -10.14% | May 24, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $315 | Buy | Reiterates | $315 | +48.97% | May 24, 2024 |
| Citigroup | Citigroup | Hold Maintains $293 → $255 | Hold | Maintains | $293 → $255 | +20.60% | May 24, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $280 → $240 | Hold | Maintains | $280 → $240 | +13.50% | May 24, 2024 |
Financial Forecast
Revenue This Year
8.57B
from 7.26B
Increased by 18.09%
Revenue Next Year
10.02B
from 8.57B
Increased by 16.92%
EPS This Year
6.81
from 5.21
Increased by 30.63%
EPS Next Year
8.02
from 6.81
Increased by 17.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.0B | 10.9B | 13.1B | 15.2B | 17.9B |
| Avg | 8.6B | 10.0B | 11.8B | 14.1B | 16.3B |
| Low | 8.2B | 9.4B | 11.1B | 13.0B | 14.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.3% | 27.3% | 30.7% | 28.7% | 27.2% |
| Avg | 18.1% | 16.9% | 17.7% | 19.4% | 15.5% |
| Low | 12.5% | 10.2% | 10.4% | 9.9% | 4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.58 | 9.28 | 11.71 | 16.36 | 20.53 |
| Avg | 6.81 | 8.02 | 9.48 | 13.88 | 18.09 |
| Low | 5.57 | 6.87 | 8.42 | 11.35 | 15.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 45.5% | 36.4% | 46.0% | 72.6% | 47.9% |
| Avg | 30.6% | 17.9% | 18.2% | 46.4% | 30.4% |
| Low | 6.8% | 0.9% | 4.9% | 19.7% | 12.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.