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Workday (WDAY) Stock Forecast & Price Target

Workday logo
$204.36 -1.10 (-0.54%)
Closing price 10/28/2026 04:00 PM Eastern
Extended Trading
$193.26 -11.11 (-5.43%)
As of 07:27 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Workday - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
2
Hold
20
Buy
22

Based on 44 Wall Street analysts who have issued ratings for Workday in the last 12 months, the stock has a consensus rating of "Hold." Out of the 44 analysts, 2 have given a sell rating, 20 have given a hold rating, and 22 have given a buy rating for WDAY.

Consensus Price Target

$202.10
-1.11% Downside
According to the 44 analysts' twelve-month price targets for Workday, the average price target is $202.10. The highest price target for WDAY is $315.00, while the lowest price target for WDAY is $92.00. The average price target represents a forecasted downside of -1.11% from the current price of $204.36.
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.
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WDAY Analyst Ratings Over Time

TypeCurrent Forecast
10/29/25 to 10/29/26
1 Month Ago
9/29/25 to 9/29/26
3 Months Ago
7/31/25 to 7/31/26
1 Year Ago
10/29/24 to 10/29/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
3 Strong Buy rating(s)
Buy
22 Buy rating(s)
23 Buy rating(s)
20 Buy rating(s)
22 Buy rating(s)
Hold
20 Hold rating(s)
19 Hold rating(s)
13 Hold rating(s)
9 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$202.10$202.34$174.54$287.83
Forecasted Upside-1.11% Downside6.96% Upside8.86% Upside24.41% Upside
Consensus RatingHoldHoldModerate BuyModerate 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.
Skip Chart & View Analyst Rating History

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

TypeWorkdayTechnology CompaniesBroader Market
Consensus Rating Score
2.45
2.23
2.53
Consensus RatingHoldHoldModerate Buy
Predicted Upside-1.11% Downside57.04% Upside16.64% Upside
News Sentiment Rating
Positive News

See Recent WDAY News
Positive News
Positive News
Report Date
0 Results
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/16/2026
BTIG Research logo
BTIG Research
3 of 5 stars
Reiterated RatingNeutral
10/15/2026
KeyCorp logo
KeyCorp
2 of 5 stars
Jason Celino
Jason Celino
2 of 5 stars
DowngradeOverweight ➝ Sector Weight
10/15/2026
Daniel Jester
1 of 5 stars
Reiterated RatingOutperform$182.00 ➝ $230.00+16.33%
10/15/2026Set Target$170.00 ➝ $175.00-7.29%
10/15/2026Boost TargetHold$160.00 ➝ $175.00-11.73%
10/14/2026Reiterated RatingOutperform$165.00 ➝ $220.00+18.27%
10/14/2026Set Target$275.00 ➝ $210.00+12.89%
10/14/2026 Lower TargetEqual Weight$203.00 ➝ $202.00-2.84%
10/8/2026Lower TargetHold$220.00 ➝ $210.00+13.97%
10/8/2026 Boost Target$160.00 ➝ $215.00+3.41%
10/6/2026Reiterated RatingNeutral$139.00 ➝ $201.00+6.37%
10/5/2026Reiterated RatingBuy$180.00 ➝ $230.00+23.56%
9/30/2026Reiterated RatingOverweight$220.00 ➝ $205.00+8.37%
9/18/2026 UpgradeHold (C-) ➝ Hold (C)
9/9/2026 Boost TargetBuy$170.00 ➝ $230.00+10.70%
9/9/2026 UpgradeHold
8/31/2026Boost TargetNeutral$151.00 ➝ $164.00-17.48%
8/28/2026Boost TargetOutperform$220.00 ➝ $240.00+24.44%
8/28/2026Boost TargetOutperform$216.00 ➝ $238.00+22.95%
8/28/2026Boost TargetOverweight$215.00 ➝ $225.00+16.24%
8/28/2026 Reiterated RatingOutperform
8/28/2026Boost TargetUnderweight$145.00 ➝ $180.00-7.01%
8/28/2026Boost TargetOverweight$200.00 ➝ $224.00+15.72%
8/28/2026 Boost TargetOutperform$160.00 ➝ $220.00+5.89%
8/28/2026 Boost TargetOverweight$190.00 ➝ $225.00+8.29%
8/28/2026DowngradeBuy ➝ Hold$180.00 ➝ $200.00-2.01%
8/28/2026Lower TargetHold$220.00 ➝ $210.00+3.46%
8/28/2026Boost TargetNeutral$135.00 ➝ $190.00-2.85%
8/28/2026 Boost TargetBuy$202.00 ➝ $218.00+12.62%
8/28/2026Boost TargetNeutral$145.00 ➝ $190.00-1.84%
8/25/2026Boost TargetBuy$200.00 ➝ $225.00+12.98%
8/21/2026 Reiterated RatingBuy$285.00 ➝ $275.00+39.37%
8/21/2026 Boost TargetHold$135.00 ➝ $200.00-3.74%
8/19/2026Boost TargetNeutral$140.00 ➝ $205.00+2.89%
8/17/2026 Boost TargetNeutral$210.00 ➝ $250.00+20.17%
8/14/2026 Set Target$205.00-0.70%
8/14/2026Boost TargetOutperform$190.00 ➝ $215.00+4.14%
7/20/2026Initiated CoverageUnderperform$92.00-36.46%
5/27/2026 Set Target$275.00+119.45%
5/27/2026 Set Target$140.00+12.89%
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5/22/2026 Reiterated RatingOutperform$260.00 ➝ $160.00+31.31%
2/25/2026 Lower TargetBuy$190.00 ➝ $180.00-13.51%
2/25/2026Lower TargetBuy$180.00 ➝ $150.00+15.18%
2/18/2026DowngradeOutperform ➝ Market Perform
2/9/2026Reiterated RatingMarket Perform
11/26/2025 Reiterated RatingBuy
10/30/2025 DowngradeStrong-Buy ➝ Hold
5/23/2025Boost TargetBuy$315.00 ➝ $328.00+20.56%
3/17/2025Lower TargetSector Outperform$355.00 ➝ $305.00+23.71%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:20 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 Sunday, October 25, 2026. 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.:

  • Workday, Inc. recently priced a $2.5 billion senior notes offering maturing between 2029 and 2036, signaling strong financial health and providing the company with substantial capital to fund its aggressive expansion into AI agents and enterprise software solutions.
  • The company demonstrated consistent earnings strength by reporting $2.75 in earnings per share for the quarter ended August 27, 2026, which exceeded the consensus estimate of $2.61, while revenue of $2.65 billion also surpassed analyst expectations, indicating robust demand for its cloud-based applications.
  • Workday, Inc. is currently trading at $209.99, a significant recovery from its 52-week low of $110.36, suggesting that the market is increasingly valuing the company's strategic pivot toward agentic AI platforms for HR, finance, and IT workflows.
  • Institutional investor confidence is rising, as evidenced by Robeco Institutional Asset Management B.V. boosting its holdings by 211.1% in the third quarter and Robeco Schweiz AG purchasing a new stake of 38,200 shares, indicating that large funds are repositioning for long-term growth.
  • Short interest in the stock has declined significantly, dropping from 29.6 million shares in late June to 12.6 million shares by September 30, 2026, which suggests that bearish sentiment is fading and potential short-squeeze dynamics could support further price appreciation.

Workday
Bear Case

red Wall Street bear icon

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

  • Corporate insiders have been aggressively selling their positions, with major shareholder David Duffield selling over 100,000 shares in multiple transactions in September and October 2026, and CFO Zane Rowe also reducing his holdings, which may signal a lack of internal conviction in the current valuation.
  • The consensus rating from Wall Street analysts has shifted to a "Hold" with an average price target of $205.02, which is slightly below the current stock price of $209.99, suggesting that the stock may be fully valued or slightly overvalued relative to analyst expectations.
  • Workday, Inc. carries a price-to-earnings ratio of 34.31, which is relatively high for a software company, meaning investors are paying a premium for future growth that may not materialize if the company fails to convert its AI initiatives into sustained revenue growth.
  • Some institutional investors are reducing their exposure, such as Mondrian Investment Partners LTD, which cut its holdings by 41.3% in the third quarter, indicating that not all large investors are convinced of the company's immediate upside potential.
  • The company's debt-to-equity ratio of 0.31, while manageable, is increasing due to the recent $2.5 billion debt issuance, which could pressure future cash flows and limit financial flexibility if interest rates remain elevated or if revenue growth slows.

WDAY Forecast - Frequently Asked Questions

According to the research reports of 44 Wall Street equities research analysts, the average twelve-month stock price forecast for Workday is $202.10, with a high forecast of $315.00 and a low forecast of $92.00.

44 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Workday in the last year. There are currently 2 sell ratings, 20 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WDAY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WDAY, but not buy additional shares or sell existing shares.

According to analysts, Workday's stock has a predicted downside of -1.11% based on their 12-month stock forecasts.

Over the previous 90 days, Workday's stock had 4 downgrades and 3 upgrades by analysts.

Analysts like Workday more than other "technology" companies. The consensus rating score for Workday is 2.45 while the average consensus rating score for "technology" companies is 2.23. Learn more on how WDAY compares to other companies.


MarketBeat monitors more than a dozen sources for Workday analyst ratings, with the most recent rating issued on 10/16/2026.
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