Workday, Inc. (WDAY)
NASDAQ: WDAY · Real-Time Price · USD
267.75
-0.32 (-0.12%)
At close: Nov 22, 2024, 4:00 PM
269.90
+2.15 (0.80%)
After-hours: Nov 22, 2024, 7:46 PM EST

Workday Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Workday stock have an average target of 290.18, with a low estimate of 190 and a high estimate of 340. The average target predicts an increase of 8.38% from the current stock price of 267.75.

Analyst Consensus: Buy
Target Low Average Median High
Price $190 $290.18 $300 $340
Change -29.04% +8.38% +12.04% +26.98%

Analyst Ratings

The average analyst rating for Workday stock from 28 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 888777
Buy 141414131314
Hold 666666
Sell 000000
Strong Sell 111111
Total 292929272728

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Buy
Initiates
$340
Buy Initiates $340 +26.98% Nov 18, 2024
Loop Capital
Loop Capital
Hold
Maintains
$255$270
Hold Maintains $255$270 +0.84% Nov 14, 2024
Citigroup
Citigroup
Hold
Maintains
$274$270
Hold Maintains $274$270 +0.84% Sep 25, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$315
Buy Reiterates $315 +17.65% Sep 19, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$300$305
Strong Buy Maintains $300$305 +13.91% Sep 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
8.57B
from 7.26B
Increased by 18.03%
Revenue Next Year
9.78B
from 8.57B
Increased by 14.09%
EPS This Year
7.17
from 5.21
Increased by 37.80%
EPS Next Year
8.46
from 7.17
Increased by 17.98%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jan 31, 2020 Jan 31, 2021 Jan 31, 2022 Jan 31, 2023 Jan 31, 2024 Jan 31, 2025 Jan 31, 2026 Jan 31, 2027
Revenue
3.63B4.32B5.14B6.22B7.26B8.57B9.78B11.15B
Revenue Growth
28.52%19.04%19.01%20.96%16.78%18.03%14.09%14.07%
EPS
-2.12-1.190.11-1.445.217.178.4610.27
EPS Growth
-----37.80%17.98%21.30%
Forward PE
-----37.3231.6426.08
No. Analysts -----393924
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 8.9B 10.3B 11.9B
Avg 8.6B 9.8B 11.2B
Low 8.2B 9.3B 10.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
22.4%
20.3%
22.0%
Avg
18.0%
14.1%
14.1%
Low
13.0%
8.8%
3.3%

EPS Forecast

EPS 20242025202620272028
High 7.67 9.47 11.55
Avg 7.17 8.46 10.27
Low 6.56 7.10 8.14

EPS Growth

EPS Growth 20242025202620272028
High
47.2%
32.0%
36.5%
Avg
37.8%
18.0%
21.3%
Low
25.9%
-1.0%
-3.8%
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.