Workday, Inc. (WDAY)
NASDAQ: WDAY · IEX Real-Time Price · USD
226.76
+2.04 (0.91%)
At close: Jul 2, 2024, 4:00 PM
226.33
-0.43 (-0.19%)
After-hours: Jul 2, 2024, 7:54 PM EDT
Workday Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for Workday stock have an average target of 282.48, with a low estimate of 190 and a high estimate of 350. The average target predicts an increase of 24.57% from the current stock price of 226.76.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Workday stock from 29 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 7 | 7 | 8 | 8 |
| Buy | 18 | 17 | 17 | 17 | 15 | 14 |
| Hold | 6 | 7 | 7 | 7 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 31 | 32 | 32 | 32 | 30 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Sell Reiterates $190 | Strong Sell | Reiterates | $190 | -16.21% | Jun 25, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $325 → $275 | Buy | Maintains | $325 → $275 | +21.27% | Jun 21, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $315 | Buy | Reiterates | $315 | +38.91% | May 24, 2024 |
| Needham | Needham | Strong Buy Reiterates $350 | Strong Buy | Reiterates | $350 | +54.35% | May 24, 2024 |
| Bernstein | Bernstein | Buy Maintains $321 → $301 | Buy | Maintains | $321 → $301 | +32.74% | May 24, 2024 |
Financial Forecast
Revenue This Year
8.54B
from 7.26B
Increased by 17.67%
Revenue Next Year
9.86B
from 8.54B
Increased by 15.44%
EPS This Year
6.94
from 5.21
Increased by 33.25%
EPS Next Year
7.99
from 6.94
Increased by 15.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.9B | 10.4B | 12.2B | 14.0B | 16.5B |
| Avg | 8.5B | 9.9B | 11.5B | 13.1B | 15.1B |
| Low | 8.2B | 9.2B | 10.4B | 11.7B | 13.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.7% | 21.9% | 23.3% | 21.9% | 26.3% |
| Avg | 17.7% | 15.4% | 16.5% | 13.9% | 15.5% |
| Low | 12.6% | 7.2% | 5.4% | 1.8% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.64 | 9.08 | 11.99 | 14.68 | 18.38 |
| Avg | 6.94 | 7.99 | 9.58 | 11.74 | 15.19 |
| Low | 6.01 | 6.86 | 7.85 | 9.53 | 12.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.7% | 30.8% | 50.0% | 53.3% | 56.5% |
| Avg | 33.2% | 15.2% | 19.8% | 22.6% | 29.3% |
| Low | 15.3% | -1.2% | -1.8% | -0.5% | 2.5% |
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.