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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 7 | 7 |
Buy | 19 | 19 | 19 | 18 | 17 | 17 |
Hold | 9 | 7 | 7 | 6 | 7 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 35 | 33 | 33 | 31 | 32 | 31 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.