Workday, Inc. (WDAY)
NASDAQ: WDAY · IEX Real-Time Price · USD
273.62
-3.76 (-1.36%)
At close: Mar 27, 2024, 4:00 PM
274.65
+1.03 (0.38%)
Pre-market: Mar 28, 2024, 5:12 AM EDT

Workday Stock Forecast

Stock Price Forecast

The 31 analysts with 12-month price forecasts for Workday stock have an average target of 291.81, with a low estimate of 190 and a high estimate of 350. The average target predicts an increase of 6.65% from the current stock price of 273.62.

Analyst Consensus: Buy
Target Low Average Median High
Price $190 $291.81 $293 $350
Change -30.56% +6.65% +7.08% +27.91%

Analyst Ratings

The average analyst rating for Workday stock from 31 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 666677
Buy 191919181717
Hold 977676
Sell 000000
Strong Sell 111111
Total 353333313231

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$270$310
Strong Buy Maintains $270$310 +13.30% Feb 28, 2024
Citigroup
Citigroup
Hold
Maintains
$270$293
Hold Maintains $270$293 +7.08% Feb 27, 2024
Guggenheim
Guggenheim
Strong Sell
Reiterates
$190
Strong Sell Reiterates $190 -30.56% Feb 27, 2024
UBS
UBS
Hold
Maintains
$315$300
Hold Maintains $315$300 +9.64% Feb 27, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$315
Buy Reiterates $315 +15.12% Feb 27, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
8.58B
from 7.26B
Increased by 18.18%
Revenue Next Year
10.03B
from 8.58B
Increased by 16.88%
EPS This Year
6.78
from 5.21
Increased by 30.12%
EPS Next Year
7.97
from 6.78
Increased by 17.61%
Year 2019202020212022202320242025202620272028
Revenue
3.63B4.32B5.14B6.22B7.26B8.58B10.03B11.67B14.26B16.49B
Revenue Growth
28.52%19.04%19.01%20.96%16.78%18.18%16.88%16.42%22.17%15.59%
EPS
-2.12-1.190.12-1.445.216.787.979.3213.6316.02
EPS Growth
-----30.12%17.61%16.93%46.16%17.55%
No. Analysts -----41371844
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 9.0B 10.9B 13.1B 15.3B 18.1B
Avg 8.6B 10.0B 11.7B 14.3B 16.5B
Low 8.2B 9.4B 9.6B 12.9B 14.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
24.3%
27.2%
30.6%
31.5%
27.1%
Avg
18.2%
16.9%
16.4%
22.2%
15.6%
Low
12.5%
10.1%
-3.8%
10.1%
1.6%

EPS Forecast

EPS 20242025202620272028
High 7.62 9.02 11.71 15.57 18.00
Avg 6.78 7.97 9.32 13.63 16.02
Low 5.57 6.87 7.49 11.65 13.98

EPS Growth

EPS Growth 20242025202620272028
High
46.3%
33.0%
46.8%
67.0%
32.1%
Avg
30.1%
17.6%
16.9%
46.2%
17.6%
Low
6.8%
1.3%
-6.1%
25.0%
2.6%
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.