Workday, Inc. (WDAY)

Workday Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Workday stock have an average target of 292.07, with a low estimate of 190 and a high estimate of 340. The average target predicts an increase of 9.70% from the current stock price of 266.24.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$190	$292.07	$300	$340
Change	-28.64%	+9.70%	+12.68%	+27.70%

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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	8	8	7	7	7	6
Buy	14	14	13	13	13	14
Hold	6	6	6	6	7	7
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	29	29	27	27	28	28

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rishi Jaluria RBC Capital	RBC Capital	Buy Maintains $300 → $320	Buy	Maintains	$300 → $320	+20.19%	Dec 18, 2024
Siti Panigrahi Mizuho	Mizuho	Buy Maintains $280 → $320	Buy	Maintains	$280 → $320	+20.19%	Dec 13, 2024
Michael Turrin Wells Fargo	Wells Fargo	Buy Maintains $300 → $330	Buy	Maintains	$300 → $330	+23.95%	Dec 9, 2024
Brian Schwartz Oppenheimer	Oppenheimer	Buy Maintains $300	Buy	Maintains	$300	+12.68%	Dec 3, 2024
Keith Weiss Morgan Stanley	Morgan Stanley	Buy Maintains $315 → $330	Buy	Maintains	$315 → $330	+23.95%	Nov 27, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

8.59B

Increased by 18.28%

from 7.26B

Revenue Next Year

9.72B

Increased by 13.15%

from 8.59B

EPS This Year

7.30

Increased by 40.15%

from 5.21

EPS Next Year

8.55

Increased by 17.16%

from 7.30

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	3.63B	4.32B	5.14B	6.22B	7.26B	8.59B	9.72B	11.05B
Revenue Growth	28.52%	19.04%	19.01%	20.96%	16.78%	18.28%	13.15%	13.75%
EPS	-2.12	-1.19	0.11	-1.44	5.21	7.30	8.55	10.31
EPS Growth	-	-	-	-	-	40.15%	17.16%	20.63%
Forward PE	-	-	-	-	-	36.49	31.15	25.82
No. Analysts	-	-	-	-	-	40	40	29

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	8.9B	10.2B	11.7B
Avg	8.6B	9.7B	11.1B
Low	8.2B	9.3B	10.4B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	22.3%	18.3%	20.2%
Avg	18.3%	13.1%	13.8%
Low	13.6%	7.8%	7.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	7.65	9.36	11.36
Avg	7.30	8.55	10.31
Low	6.32	7.35	8.75

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	47.0%	28.2%	32.9%
Avg	40.2%	17.2%	20.6%
Low	21.4%	0.7%	2.4%

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.