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Workday (WDAY) Stock Forecast & Price Target

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$239.53 +2.66 (+1.12%)
Closing price 04/25/2025 04:00 PM Eastern
Extended Trading
$240.00 +0.47 (+0.20%)
As of 04/25/2025 07:53 PM Eastern
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Workday - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
9
Buy
22

Based on 31 Wall Street analysts who have issued ratings for Workday in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 31 analysts, 9 have given a hold rating, 20 have given a buy rating, and 2 have given a strong buy rating for WDAY.

Consensus Price Target

$292.86
22.26% Upside
According to the 31 analysts' twelve-month price targets for Workday, the average price target is $292.86. The highest price target for WDAY is $345.00, while the lowest price target for WDAY is $190.00. The average price target represents a forecasted upside of 22.26% from the current price of $239.53.
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WDAY Analyst Ratings Over Time

TypeCurrent Forecast
4/27/24 to 4/27/25
1 Month Ago
3/28/24 to 3/28/25
3 Months Ago
1/28/24 to 1/27/25
1 Year Ago
4/28/23 to 4/27/24
Strong Buy
2 Strong Buy rating(s)
2 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
20 Buy rating(s)
20 Buy rating(s)
21 Buy rating(s)
21 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$292.86$300.36$292.25$293.61
Forecasted Upside22.26% Upside25.94% Upside10.59% Upside16.96% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

WDAY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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WDAY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Workday Stock vs. The Competition

TypeWorkdayComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.77
2.66
2.54
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside22.26% Upside133.02% Upside21.41% Upside
News Sentiment Rating
Positive News

See Recent WDAY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/23/2025Piper Sandler
2 of 5 stars
Brent Bracelin
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Lower TargetNeutral ➝ Neutral$290.00 ➝ $230.00+1.95%
4/22/2025Wells Fargo & Company
3 of 5 stars
Michael Turrin
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Lower TargetOverweight ➝ Overweight$360.00 ➝ $325.00+51.80%
4/16/2025Morgan Stanley
3 of 5 stars
Keith Weiss
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Lower TargetEqual Weight ➝ Equal Weight$275.00 ➝ $250.00+8.73%
4/15/2025Mizuho
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Siti Panigrahi
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Lower TargetOutperform ➝ Outperform$320.00 ➝ $275.00+18.36%
4/14/2025DA Davidson
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Gil Luria
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Lower TargetNeutral ➝ Neutral$270.00 ➝ $230.00-1.28%
3/31/2025Jefferies Financial Group
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Brent Thill
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Lower TargetBuy ➝ Buy$350.00 ➝ $325.00+38.95%
3/24/2025Needham & Company LLC
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Scott Berg
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Reiterated RatingBuy ➝ Buy$300.00 ➝ $300.00+20.25%
3/17/2025Scotiabank
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A. Verkhovski
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Lower TargetSector Outperform ➝ Sector Outperform$355.00 ➝ $305.00+23.71%
3/4/2025Daiwa America
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S. Tanaka
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UpgradeStrong-Buy
2/27/2025BMO Capital Markets
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Daniel Jester
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Boost TargetOutperform ➝ Outperform$300.00 ➝ $314.00+15.83%
2/26/2025UBS Group
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Karl Keirstead
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Boost TargetNeutral ➝ Neutral$255.00 ➝ $285.00+4.63%
2/26/2025Canaccord Genuity Group
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David Hynes
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Boost TargetBuy ➝ Buy$300.00 ➝ $330.00+22.33%
2/26/2025The Goldman Sachs Group
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Kash Rangan
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Boost TargetBuy ➝ Buy$310.00 ➝ $345.00+27.89%
2/26/2025Royal Bank of Canada
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Rishi Jaluria
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Boost TargetOutperform ➝ Outperform$320.00 ➝ $340.00+25.38%
2/26/2025JPMorgan Chase & Co.
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Mark Murphy
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Boost TargetOverweight ➝ Overweight$285.00 ➝ $310.00+14.28%
2/26/2025Guggenheim
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J. Difucci
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Reiterated RatingNeutral ➝ Neutral
2/26/2025Stifel Nicolaus
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Brad Reback
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Boost TargetHold ➝ Hold$270.00 ➝ $310.00+12.91%
2/26/2025KeyCorp
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Jason Celino
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Boost TargetOverweight ➝ Overweight$305.00 ➝ $335.00+31.26%
2/26/2025Oppenheimer
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Brian Schwartz
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Boost TargetOutperform ➝ Outperform$300.00 ➝ $320.00+25.38%
2/19/2025Loop Capital
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Yun Kim
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Boost TargetHold ➝ Hold$242.00 ➝ $260.00+1.02%
2/19/2025Redburn Atlantic
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O. Sheikh
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Initiated CoverageNeutral
2/14/2025BNP Paribas
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S. Slowinski
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UpgradeStrong-Buy
2/6/2025JMP Securities
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Reni Benjamin
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Reiterated RatingMarket Outperform ➝ Market Outperform$315.00 ➝ $315.00+11.86%
1/16/2025Citigroup
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Steven Enders
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Lower TargetNeutral ➝ Neutral$287.00 ➝ $270.00+7.45%
1/8/2025Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy$265.00 ➝ $300.00+20.15%
11/27/2024Barclays
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 Lower TargetOverweight ➝ Overweight$314.00 ➝ $305.00+12.88%
11/27/2024Bank of America
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 Lower TargetBuy ➝ Buy$310.00 ➝ $285.00+5.48%
8/20/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$300.00 ➝ $290.00+24.66%
5/24/2024Sanford C. Bernstein
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 Lower TargetOutperform ➝ Outperform$321.00 ➝ $301.00+36.10%
5/24/2024TD Cowen
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 Lower TargetBuy ➝ Buy$330.00 ➝ $290.00+11.15%
5/24/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$316.00 ➝ $265.00+1.57%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 04:10 AM ET.


Should I Buy Workday Stock? WDAY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 23, 2025. Please send any questions or comments about these Workday pros and cons to contact@marketbeat.com.

Workday
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Workday, Inc.:

  • Recent upgrades from major financial institutions have increased the target price for Workday, Inc. stock, indicating strong confidence in its future performance.
  • The current stock price is around $221, which is significantly lower than the consensus price target of approximately $296.25, suggesting potential for price appreciation.
  • Workday, Inc. has received multiple "buy" ratings from analysts, with a majority indicating a positive outlook, which can attract more investors.
  • The company has a solid market capitalization of approximately $58.79 billion, reflecting its strong position in the market and potential for growth.
  • Workday, Inc. maintains a healthy financial profile with a low debt-to-equity ratio, indicating less financial risk and greater stability for investors.

Workday
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Workday, Inc. for these reasons:

  • Insider selling has been significant, with major shareholders offloading a considerable number of shares, which may signal a lack of confidence in the company's short-term prospects.
  • The stock has experienced volatility, with a 12-month high of $294 and a low of $199.81, indicating potential risks associated with price fluctuations.
  • Despite positive ratings, some analysts have issued "hold" ratings, suggesting caution and uncertainty about the stock's immediate performance.
  • The company's price-to-earnings ratio is relatively high, which may indicate that the stock is overvalued compared to its earnings, posing a risk for new investors.
  • Recent insider transactions show a decrease in ownership percentages, which could raise concerns about the commitment of key stakeholders to the company's future.

WDAY Forecast - Frequently Asked Questions

According to the research reports of 31 Wall Street equities research analysts, the average twelve-month stock price forecast for Workday is $292.86, with a high forecast of $345.00 and a low forecast of $190.00.

31 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Workday in the last twelve months. There are currently 9 hold ratings, 20 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WDAY shares.

According to analysts, Workday's stock has a predicted upside of 22.26% based on their 12-month stock forecasts.

Over the previous 90 days, Workday's stock had 2 upgrades and 1 downgrade by analysts.

Analysts like Workday more than other "computer and technology" companies. The consensus rating score for Workday is 2.77 while the average consensus rating score for "computer and technology" companies is 2.66. Learn more on how WDAY compares to other companies.


This page (NASDAQ:WDAY) was last updated on 4/27/2025 by MarketBeat.com Staff
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