Workday, Inc. (WDAY)
NASDAQ: WDAY · Real-Time Price · USD
256.39
-5.24 (-2.00%)
At close: Feb 21, 2025, 4:00 PM
257.25
+0.86 (0.34%)
After-hours: Feb 21, 2025, 6:06 PM EST

Workday Stock Forecast

Stock Price Forecast

The 29 analysts with 12-month price forecasts for Workday stock have an average target of 292, with a low estimate of 190 and a high estimate of 340. The average target predicts an increase of 13.89% from the current stock price of 256.39.

Analyst Consensus: Buy
Target Low Average Median High
Price $190 $292 $300 $340
Change -25.89% +13.89% +17.01% +32.61%

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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 777677
Buy 131313141414
Hold 667767
Sell 000000
Strong Sell 111111
Total 272728282829

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Hold
Downgrades
$330$275
Hold Downgrades $330$275 +7.26% Feb 19, 2025
JMP Securities
JMP Securities
Buy
Reiterates
$315
Buy Reiterates $315 +22.86% Feb 6, 2025
Needham
Needham
Strong Buy
Reiterates
$300
Strong Buy Reiterates $300 +17.01% Feb 6, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$300$310
Strong Buy Maintains $300$310 +20.91% Feb 6, 2025
Citigroup
Citigroup
Hold
Maintains
$287$270
Hold Maintains $287$270 +5.31% Jan 16, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
8.59B
from 7.26B
Increased by 18.28%
Revenue Next Year
9.72B
from 8.59B
Increased by 13.15%
EPS This Year
7.30
from 5.21
Increased by 40.18%
EPS Next Year
8.57
from 7.30
Increased by 17.48%
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
3.63B4.32B5.14B6.22B7.26B8.59B9.72B11.05B
Revenue Growth
28.52%19.04%19.01%20.96%16.78%18.28%13.15%13.76%
EPS
-2.12-1.190.11-1.445.217.308.5710.34
EPS Growth
-----40.18%17.48%20.57%
Forward PE
-----35.1329.9124.80
No. Analysts -----404028
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027202820292030
High 8.9B 10.2B 11.7B
Avg 8.6B 9.7B 11.1B
Low 8.2B 9.2B 10.4B

Revenue Growth

Revenue Growth 202520262027202820292030
High
22.3%
18.3%
20.2%
Avg
18.3%
13.1%
13.8%
Low
13.6%
7.7%
7.5%

EPS Forecast

EPS 202520262027202820292030
High 7.65 9.62 11.36
Avg 7.30 8.57 10.34
Low 6.32 7.35 8.65

EPS Growth

EPS Growth 202520262027202820292030
High
47.0%
31.8%
32.5%
Avg
40.2%
17.5%
20.6%
Low
21.4%
0.7%
0.9%
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.