How to Buy Workday Stock
Workday Inc
Workday, Inc. provides enterprise cloud applications in the United States and internationally.
Workday stock last closed at $250.79, down 0.81% from the previous day, and has decreased 9.59% in one year. It has overperformed other stocks in the Software - Application industry by 0.03 percentage points. Workday stock is currently +25.51% from its 52-week low of $199.81, and -14.7% from its 52-week high of $294.00.
As of Mar 26, 2025, there are 266M shares of WDAY outstanding. The market cap of WDAY is $66.71B. In the last 24 hours, 1M WDAY shares were traded.
How to Buy Workday Stock
Wondering how to invest in Workday stock? Here's how.
- Decide where to buy Workday stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Workday stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your details.
- Analyze Workday stock: The Workday ticker symbol is WDAY. Is Workday stock a good investment? Should you buy shares of WDAY? How do WDAY's underlying business fundamentals look? Do top analysts think Workday is a good buy? Why has WDAY's stock price moved recently? (Hint: Our stock research website can help you understand if WDAY is a good stock to buy).
- Execute your WDAY trade: Decide if you will purchase WDAY shares at the current market price or use a limit order to buy WDAY stock at a given price.
- Get updates on your WDAY investment: Create a watchlist to track your investment in Workday shares.
Step 1: Decide where to buy Workday stock
You need an online brokerage account in order to access the NASDAQ market and buy WDAY shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, you need to fill out some personal info so you are able to invest in WDAY today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open a new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on the best stock investing app, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of transferring funds into your brokerage account.
Step 4: Analyze Workday stock
After you have selected the best place to buy Workday stock, it's critical to research their stock before you buy, so you can comprehend the risk as well as the upside.
Workday stock data
Workday Fundamentals
WallStreetZen was built to help everyday investors do better fundamental analysis.
You can view all of the due diligence checks on WDAY's stock page.
How is WDAY stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge WDAY's true value.
Using relative valuations metrics:
- WDAY could be undervalued based on its P/E ratio of 126.66x, relative to Software - Application industry P/E ratio of 127.16x
- WDAY could be overvalued based on its P/B ratio of 7.38x, relative to Software - Application industry P/B ratio of 6.86x
- WDAY may be overvalued based on its PEG ratio of 2.76x
You can do more valuation research on WDAY's stock here.
How do WDAY Financials look?
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the WDAY balance sheet.
- WDAY earnings of $638.00M is not enough to cover its interest payments.
- WDAY's operating cash flow of $2.46B allows it to safely service it's debt of $3.36B.
- There are more short-term assets than long-term liabilities on the WDAY balance sheet.
- Total WDAY debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- WDAY profit margin has gone down from 19% to 6.2% in the past year.
- WDAY has a relatively high debt to equity ratio of 0.99.
Is WDAY stock a Buy, Hold, or Sell, according to analysts?
Out of 22 Wall Street analysts who track WDAY, the consensus analyst rating on Workday is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent WDAY Analyst Upgrades/Downgrades
David Hynes, a top 16% analyst from Canaccord Genuity maintains WDAY with a strong buy rating and raises their WDAY price target from $300.00 to $330.00, on Feb 26, 2025.
Rishi Jaluria, a bottom 1% analyst from RBC Capital maintains WDAY with a buy rating and raises their WDAY price target from $320.00 to $340.00, on Feb 26, 2025.
Mark Murphy, a top 13% analyst from JP Morgan maintains WDAY with a strong buy rating and raises their WDAY price target from $285.00 to $310.00, on Feb 26, 2025.
Patrick Walravens, a top 35% analyst from Citizens Capital Markets reiterates WDAY with a buy rating and maintains their WDAY price target from $315.00 to $315.00, on Feb 26, 2025.
Michael Turrin, a bottom 12% analyst from Wells Fargo maintains WDAY with a strong buy rating and raises their WDAY price target from $330.00 to $360.00, on Feb 26, 2025.
You can dive deeper into what analysts are projecting on the Workday stock forecast page.
WDAY Trading Indicators
How are WDAY Revenues/Earnings doing?
Last year, WDAY earnings were $526.00M. Over the last 3 year, WDAY's earnings have gone up by 249.33% per year. This was faster than the Software - Application industry average of 74.09%.
Last year, WDAY revenue was $8.45B. In the past five year, WDAY's revenue has gone up by 18.42% per year. This was slower than the Software - Application industry average of 22.13%.
You can analyze WDAY's earnings and revenue performance here.
What are WDAY executives and large shareholders up to?
In the past 12 months, insiders at WDAY have sold more shares than they have bought.
David A. Duffield, 10% Owner of WDAY, was the latest WDAY insider to sell. They sold $6,206,696.93 worth of WDAY shares on Mar 24, 2025.
Learn more about who owns WDAY shares here.
Does WDAY stock generate passive income?
No, Workday doesn't provide an income stream by paying out dividends.
WDAY Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your WDAY trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open button and eToro will place the order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your WDAY investment
Now that you own some WDAY shares, you'll want to stay up-to-date on your investment.
Start a watchlist to keep tabs on your WDAY stock.
WDAY Feed
How to Buy Stock in Workday
To summarize, here are the 6 steps to buy Workday stock:
- Decide where to buy Workday stock
- Sign up for your brokerage account
- Fund your brokerage account
- Analyze Workday stock
- Execute your WDAY trade
- Get updates on your WDAY investment
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Workday, hit the button below to create your watchlist.
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