Workday (WDAY) Stock Forecast, Price Target & Predictions

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WDAY Stock Forecast

Workday stock forecast is as follows: an average price target of $271.36 (represents a 1.35% upside from WDAY’s last price of $267.75) and a rating consensus of 'Buy', based on 31 wall street analysts offering a 1-year stock forecast.

WDAY Price Target

The average price target for Workday (WDAY) is $271.36 based on 1-year price targets from 31 Wall Street analysts in the past 3 months, with a price target range of $350.00 to $200.00. This represents a potential 1.35% upside from WDAY's last price of $267.75.

WDAY Analyst Ratings

Buy

According to 31 Wall Street analysts, Workday's rating consensus is 'Buy'. The analyst rating breakdown for WDAY stock is 0 'Strong Buy' (0.00%), 22 'Buy' (70.97%), 7 'Hold' (22.58%), 2 'Sell' (6.45%), and 0 'Strong Sell' (0.00%).

Workday Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 14, 2024	Yun Kim	Loop Capital Markets	-	-	-1.52%	0.84%
Sep 23, 2024	Patrick Walravens	JMP Securities	-	-	28.56%	17.65%
Sep 18, 2024	Brad Zelnick	Deutsche Bank	-	-	10.83%	2.71%
Sep 18, 2024	Karl Keirstead	UBS	-	-	8.82%	0.84%
Sep 18, 2024	Kirk Materne	Evercore ISI	-	-	24.94%	15.78%
Sep 18, 2024	John DiFucci	Guggenheim	-	-	-19.39%	-25.30%
Sep 13, 2024	Steven Enders	Citigroup	-	-	9.08%	2.33%
Aug 23, 2024	Brad Sills	Bank of America Securities	-	-	20.48%	15.78%
Aug 23, 2024	Scott Berg	Needham	-	-	36.02%	30.72%
Aug 23, 2024	Brent Bracelin	Piper Sandler	-	-	9.66%	6.44%

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The latest Workday stock forecast, released on Nov 14, 2024 by Yun Kim from Loop Capital Markets, set a price target of $270.00, which represents a -1.52% decrease from the stock price at the time of the forecast ($274.17), and a 0.84% increase from WDAY last price ($267.75).

Workday Price Target by Period

	1M	3M	12M
# Anlaysts	1	7	34
Avg Price Target	$270.00	$273.43	$286.44
Last Closing Price	$267.75	$267.75	$267.75
Upside/Downside	0.84%	2.12%	6.98%

In the current month, the average price target of Workday stock is $270.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 0.84% increase as opposed to Workday's last price of $267.75. This month's average price target is down -1.25% compared to last quarter, and down -5.74% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 11, 2024	Cowen & Co.	Buy	Buy	Hold
Sep 23, 2024	JMP Securities	Outperform	Outperform	Hold
Sep 19, 2024	Goldman Sachs	Buy	Buy	Hold
Sep 18, 2024	KeyBanc	Overweight	Overweight	Hold
Sep 18, 2024	Loop Capital Markets	Hold	Hold	Hold
Sep 18, 2024	BMO Capital	Outperform	Outperform	Hold
Sep 18, 2024	Oppenheimer	Outperform	Outperform	Hold
Sep 18, 2024	Cowen & Co.	Buy	Buy	Hold
Sep 18, 2024	Deutsche Bank	Hold	Hold	Hold
Sep 18, 2024	Needham	Buy	Buy	Hold

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Workday's last stock rating was published by Cowen & Co. on Oct 11, 2024. The company gave WDAY a "Buy" rating, the same as its previous rate.

Workday Financial Forecast

Workday Revenue Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$1.92B	$1.87B	$1.79B	-	$1.65B	$1.60B	$1.54B	-	$1.38B	$1.33B	$1.26B	-	$1.13B	$1.11B	$1.06B	-	$976.30M	$938.10M
Avg Forecast	$2.85B	$2.76B	$2.70B	$2.58B	$2.51B	$2.43B	$2.37B	$2.26B	$2.20B	$2.13B	$2.07B	$1.98B	$1.92B	$1.85B	$1.77B	$1.67B	$1.63B	$1.59B	$1.52B	$1.43B	$1.36B	$1.31B	$1.24B	$1.16B	$1.12B	$1.09B	$1.04B	$1.00B	$964.84M	$920.68M
High Forecast	$2.89B	$2.79B	$2.73B	$2.61B	$2.54B	$2.46B	$2.40B	$2.29B	$2.21B	$2.16B	$2.07B	$1.98B	$1.92B	$1.86B	$1.79B	$1.69B	$1.65B	$1.60B	$1.53B	$1.44B	$1.38B	$1.32B	$1.25B	$1.17B	$1.13B	$1.10B	$1.05B	$1.01B	$975.06M	$930.44M
Low Forecast	$2.84B	$2.75B	$2.69B	$2.56B	$2.50B	$2.42B	$2.36B	$2.25B	$2.19B	$2.11B	$2.07B	$1.97B	$1.92B	$1.84B	$1.76B	$1.66B	$1.62B	$1.58B	$1.51B	$1.42B	$1.36B	$1.30B	$1.23B	$1.15B	$1.11B	$1.08B	$1.04B	$994.96M	$958.54M	$914.68M
# Analysts	10	20	14	10	10	15	9	9	21	21	10	10	20	22	14	11	11	15	10	10	17	11	12	20	11	6	4	6	4	5
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	1.01%	1.01%	-	1.01%	1.01%	1.01%	-	1.01%	1.01%	1.02%	-	1.01%	1.02%	1.02%	-	1.01%	1.02%

Workday's average Quarter revenue forecast for May 24 based on 10 analysts is $1.98B, with a low forecast of $1.97B, and a high forecast of $1.98B. WDAY's average Quarter revenue forecast represents a 2.81% increase compared to the company's last Quarter revenue of $1.92B (Jan 24).

Workday EBITDA Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	10	20	14	10	10	15	9	9	21	21	10	10	20	22	14	11	11	15	10	10	17	11	12	20	11	6	4	6	4	5
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$151.00M	$240.76M	$36.26M	-	$1.00M	$99.32M	$55.99M	-	$9.00M	$136.79M	$191.44M	-	$22.12M	$67.31M	$64.27M	-	$-37.68M	$-25.95M
Avg Forecast	$79.67M	$77.10M	$75.42M	$71.94M	$70.07M	$67.90M	$66.13M	$63.15M	$61.28M	$59.48M	$57.83M	$9.82M	$53.50M	$51.54M	$49.51M	$8.93M	$108.48M	$22.59M	$21.64M	$8.12M	$19.44M	$18.65M	$17.69M	$15.41M	$15.89M	$15.47M	$14.86M	$-28.26M	$13.75M	$13.12M
High Forecast	$80.60M	$77.99M	$76.29M	$72.77M	$70.89M	$68.69M	$66.90M	$63.89M	$61.56M	$60.17M	$57.83M	$11.78M	$53.50M	$51.82M	$50.09M	$10.71M	$130.17M	$22.83M	$21.87M	$9.74M	$19.65M	$18.85M	$17.88M	$18.49M	$16.06M	$15.63M	$15.02M	$-22.61M	$13.89M	$13.26M
Low Forecast	$79.22M	$76.67M	$75.00M	$71.53M	$69.68M	$67.52M	$65.76M	$62.80M	$61.00M	$58.92M	$57.83M	$7.86M	$53.50M	$51.26M	$49.23M	$7.14M	$86.78M	$22.44M	$21.49M	$6.49M	$19.31M	$18.53M	$17.57M	$12.33M	$15.78M	$15.37M	$14.76M	$-33.91M	$13.66M	$13.03M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	2.82%	4.67%	0.73%	-	0.01%	4.40%	2.59%	-	0.46%	7.33%	10.82%	-	1.39%	4.35%	4.33%	-	-2.74%	-1.98%

10 analysts predict WDAY's average Quarter EBITDA for May 24 to be $9.82M, with a high of $11.78M and a low of $7.86M. This is -93.50% lower than Workday's previous annual EBITDA (Jan 24) of $151.00M.

Workday Net Income Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	10	20	14	10	10	15	9	9	21	21	10	10	20	22	14	11	11	15	10	10	17	11	12	20	11	6	4	6	4	5
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$1.19B	$113.71M	$78.66M	-	$-125.70M	$-74.72M	$-64.16M	-	$-73.25M	$43.41M	$105.74M	-	$-71.71M	$-24.34M	$-28.02M	-	$-127.96M	$-115.73M
Avg Forecast	$722.22M	$694.78M	$663.40M	$628.08M	$593.62M	$566.37M	$546.81M	$521.49M	$484.53M	$471.79M	$442.20M	$-79.90M	$394.31M	$377.29M	$337.11M	$-72.63M	$34.43M	$225.27M	$212.26M	$-66.03M	$190.29M	$232.46M	$208.79M	$-49.94M	$148.56M	$180.19M	$175.51M	$-95.97M	$107.83M	$98.66M
High Forecast	$733.13M	$705.28M	$673.42M	$637.57M	$602.59M	$574.92M	$555.08M	$529.37M	$526.06M	$501.97M	$442.24M	$-63.92M	$394.36M	$395.38M	$345.94M	$-58.11M	$41.31M	$228.38M	$215.18M	$-52.82M	$192.91M	$235.66M	$211.67M	$-39.95M	$150.60M	$182.67M	$177.93M	$-76.77M	$109.32M	$100.01M
Low Forecast	$716.97M	$689.73M	$658.58M	$623.51M	$589.31M	$562.25M	$542.84M	$517.70M	$443.00M	$436.14M	$442.16M	$-95.88M	$394.26M	$317.86M	$328.29M	$-87.16M	$27.54M	$223.36M	$210.46M	$-79.24M	$188.67M	$230.49M	$207.02M	$-59.93M	$147.30M	$178.66M	$174.02M	$-115.16M	$106.92M	$97.82M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	3.01%	0.30%	0.23%	-	-3.65%	-0.33%	-0.30%	-	-0.38%	0.19%	0.51%	-	-0.48%	-0.14%	-0.16%	-	-1.19%	-1.17%

Workday's average Quarter net income forecast for May 24 is $-79.90M, with a range of $-95.88M to $-63.92M. WDAY's average Quarter net income forecast represents a -106.73% decrease compared to the company's last Quarter net income of $1.19B (Jan 24).

Workday SG&A Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	10	20	14	10	10	15	9	9	21	21	10	10	20	22	14	11	11	15	10	10	17	11	12	20	11	6	4	6	4	5
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$747.00M	$713.84M	$692.73M	-	$666.15M	$623.90M	$598.96M	-	$549.57M	$487.98M	$471.71M	-	$452.86M	$404.89M	$375.76M	-	$415.41M	$375.68M
Avg Forecast	$1.12B	$1.09B	$1.06B	$1.01B	$986.15M	$955.52M	$930.65M	$888.73M	$862.38M	$837.08M	$813.88M	$599.42M	$752.86M	$725.37M	$696.77M	$544.92M	$386.98M	$623.86M	$597.53M	$495.39M	$536.88M	$515.12M	$488.49M	$315.38M	$438.79M	$427.25M	$410.37M	$311.56M	$379.62M	$362.25M
High Forecast	$1.13B	$1.10B	$1.07B	$1.02B	$997.61M	$966.63M	$941.47M	$899.06M	$866.32M	$846.81M	$813.89M	$719.30M	$752.86M	$729.32M	$704.87M	$653.91M	$464.37M	$630.46M	$603.86M	$594.46M	$542.57M	$520.57M	$493.66M	$378.46M	$443.44M	$431.77M	$414.72M	$373.87M	$383.64M	$366.08M
Low Forecast	$1.11B	$1.08B	$1.06B	$1.01B	$980.63M	$950.18M	$925.45M	$883.76M	$858.45M	$829.22M	$813.87M	$479.53M	$752.86M	$721.32M	$692.88M	$435.94M	$309.58M	$619.79M	$593.63M	$396.31M	$533.38M	$511.76M	$485.30M	$252.31M	$435.93M	$424.46M	$407.69M	$249.25M	$377.14M	$359.89M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.99%	0.98%	0.99%	-	1.72%	1.00%	1.00%	-	1.02%	0.95%	0.97%	-	1.03%	0.95%	0.92%	-	1.09%	1.04%

Workday's average Quarter SG&A projection for May 24 is $599.42M, based on 10 Wall Street analysts, with a range of $479.53M to $719.30M. The forecast indicates a -19.76% fall compared to WDAY last annual SG&A of $747.00M (Jan 24).

Workday EPS Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	10	20	14	10	10	15	9	9	21	21	10	10	20	22	14	11	11	15	10	10	17	11	12	20	11	6	4	6	4	5
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$4.42	$0.43	$0.30	-	$-0.49	$-0.29	$-0.25	-	$-0.29	$0.17	$0.43	-	$-0.30	$-0.10	$-0.12	-	$-0.56	$-0.51
Avg Forecast	$2.70	$2.59	$2.48	$2.34	$2.22	$2.11	$2.04	$1.95	$1.81	$1.76	$1.65	$1.60	$1.47	$1.41	$1.26	$1.12	$0.89	$0.84	$0.79	$0.85	$0.71	$0.87	$0.78	$0.73	$0.55	$0.67	$0.66	$0.49	$0.40	$0.37
High Forecast	$2.74	$2.63	$2.51	$2.38	$2.25	$2.15	$2.07	$1.98	$1.96	$1.87	$1.65	$1.62	$1.47	$1.48	$1.29	$1.14	$0.91	$0.85	$0.80	$0.86	$0.72	$0.88	$0.79	$0.74	$0.56	$0.68	$0.66	$0.50	$0.41	$0.37
Low Forecast	$2.68	$2.57	$2.46	$2.33	$2.20	$2.10	$2.03	$1.93	$1.65	$1.63	$1.65	$1.59	$1.47	$1.19	$1.23	$1.11	$0.89	$0.83	$0.79	$0.84	$0.70	$0.86	$0.77	$0.72	$0.55	$0.67	$0.65	$0.48	$0.40	$0.37
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	3.00%	0.31%	0.24%	-	-0.55%	-0.34%	-0.32%	-	-0.41%	0.20%	0.55%	-	-0.54%	-0.15%	-0.18%	-	-1.39%	-1.39%

According to 10 Wall Street analysts, Workday's projected average Quarter EPS for May 24 is $1.60, with a low estimate of $1.59 and a high estimate of $1.62. This represents a -63.75% decrease compared to WDAY previous annual EPS of $4.42 (Jan 24).

Workday Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
AI	C3.ai	-	-	88.40%	Buy
ZM	Zoom Video Communications	-	-	30.34%	Hold
SNOW	Snowflake	-	-	22.36%	Buy
INTU	Intuit	-	-	11.71%	Buy
WDAY	Workday	-	-	1.35%	Buy
TEAM	Atlassian	-	-	-5.40%	Buy
ADSK	Autodesk	-	-	-9.65%	Buy
SHOP	Shopify	-	-	-14.07%	Buy
CRM	Salesforce	-	-	-19.52%	Buy
NOW	ServiceNow	-	-	-21.64%	Buy

WDAY Forecast FAQ

Is Workday a good buy?

Yes, according to 31 Wall Street analysts, Workday (WDAY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 22 'Buy' recommendations, accounting for 70.97% of WDAY's total ratings.

What is WDAY's price target?

Workday (WDAY) average price target is $271.36 with a range of $200 to $350, implying a 1.35% from its last price of $267.75. The data is based on 31 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Workday stock go up soon?

According to Wall Street analysts' prediction for WDAY stock, the company can go up by 1.35% (from the last price of $267.75 to the average price target of $271.36), up by 30.72% based on the highest stock price target, and down by -25.30% based on the lowest stock price target.

Can Workday stock reach $400?

WDAY's average twelve months analyst stock price target of $271.36 does not support the claim that Workday can reach $400 in the near future.

What is Workday's current price target trend?

1 Wall Street analyst forecast a $270 price target for Workday (WDAY) this month, up 0.84% from its last price of $267.75. Compared to the last 3 and 12 months, the average price target increased by 2.12% and increased by 6.98%, respectively.

What are Workday's analysts' financial forecasts?

Workday's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $9.58B (high $9.69B, low $9.52B), average EBITDA is $267.25M (high $270.36M, low $265.76M), average net income is $2.23B (high $2.26B, low $2.21B), average SG&A $3.76B (high $3.8B, low $3.74B), and average EPS is $8.32 (high $8.44, low $8.26). WDAY's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $10.9B (high $11.02B, low $10.84B), average EBITDA is $304.12M (high $307.66M, low $302.42M), average net income is $2.71B (high $2.75B, low $2.69B), average SG&A $4.28B (high $4.33B, low $4.26B), and average EPS is $10.11 (high $10.26, low $10.03).

Did the WDAY's actual financial results beat the analysts' financial forecasts?

Based on Workday's last annual report (Jan 2024), the company's revenue was $7.26B, beating the average analysts forecast of $7.21B by 0.72%. Apple's EBITDA was $465M, beating the average prediction of $163.48M by 184.44%. The company's net income was $1.38B, beating the average estimation of $1.04B by 33.29%. Apple's SG&A was $2.84B, beating the average forecast of $2.72B by 4.45%. Lastly, the company's EPS was $5.21, missing the average prediction of $5.26 by -0.93%. In terms of the last quarterly report (Jan 2024), Workday's revenue was $1.92B, beating the average analysts' forecast of $1.92B by 0.27%. The company's EBITDA was $151M, beating the average prediction of $53.5M by 182.26%. Workday's net income was $1.19B, beating the average estimation of $394.31M by 201.28%. The company's SG&A was $747M, missing the average forecast of $752.86M by -0.78%. Lastly, the company's EPS was $4.42, beating the average prediction of $1.47 by 200.36%