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NASDAQ: WDAY
Workday Inc Stock Forecast, Predictions & Price Target

Analyst price target for WDAY

Based on 20 analysts offering 12 month price targets for Workday Inc.
Min Forecast
$190.00-26.02%
Avg Forecast
$307.60+19.77%
Max Forecast
$350.00+36.28%

Should I buy or sell WDAY stock?

Based on 20 analysts offering ratings for Workday Inc.
Buy
Strong Buy
10 analysts 50%
Buy
5 analysts 25%
Hold
4 analysts 20%
Sell
0 analysts 0%
Strong Sell
1 analysts 5%

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WDAY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-28
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-02-27
DA Davidson
Top 29%
72
HoldReiterates$300.00+16.81%2024-02-27
Morgan Stanley
Top 2%
99
Strong BuyMaintains$330.00+28.49%2024-02-27
Mizuho
Bottom 9%
9
Strong BuyMaintains$325.00+26.55%2024-02-27
Needham
Top 26%
75
BuyMaintains$350.00+36.28%2024-02-27
Stifel Nicolaus
Top 9%
92
HoldMaintains$290.00+12.92%2024-02-27

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Forecast return on equity

Is WDAY forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

Is WDAY forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

WDAY revenue forecast

What is WDAY's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$8.4B+15.66%
Avg 2 year Forecast
$9.8B+34.59%
Avg 3 year Forecast
$11.5B+57.89%
WDAY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WDAY earnings growth forecast

How is WDAY forecast to perform vs Software - Application companies and vs the US market?
Company
-37.81%
Industry
18.13%
Market
21.77%
WDAY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WDAY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
WDAY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

WDAY revenue growth forecast

How is WDAY forecast to perform vs Software - Application companies and vs the US market?
Company
16.15%
Industry
15.66%
Market
10.16%
WDAY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WDAY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WDAY vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
WDAY$256.82$307.60+19.77%Buy
CDNS$281.76$328.75+16.68%Strong Buy
ROP$539.62$595.29+10.32%Buy
TEAM$199.44$235.00+17.83%Buy
SNOW$151.17$208.93+38.21%Buy

Workday Stock Forecast FAQ

Is Workday Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 20 Wall Street analysts covering (NASDAQ: WDAY) stock is to Buy WDAY stock.

Out of 20 analysts, 10 (50%) are recommending WDAY as a Strong Buy, 5 (25%) are recommending WDAY as a Buy, 4 (20%) are recommending WDAY as a Hold, 0 (0%) are recommending WDAY as a Sell, and 1 (5%) are recommending WDAY as a Strong Sell.

If you're new to stock investing, here's how to buy Workday stock.

What is WDAY's revenue growth forecast for 2025-2027?

(NASDAQ: WDAY) Workday's forecast annual revenue growth rate of 16.15% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 15.66%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Workday's revenue in 2024 is $7,259,000,000.On average, 11 Wall Street analysts forecast WDAY's revenue for 2025 to be $2,216,531,592,000, with the lowest WDAY revenue forecast at $2,213,666,400,000, and the highest WDAY revenue forecast at $2,230,536,000,000. On average, 11 Wall Street analysts forecast WDAY's revenue for 2026 to be $2,579,227,200,000, with the lowest WDAY revenue forecast at $2,555,018,400,000, and the highest WDAY revenue forecast at $2,609,640,000,000.

In 2027, WDAY is forecast to generate $3,025,688,160,000 in revenue, with the lowest revenue forecast at $2,999,702,640,000 and the highest revenue forecast at $3,056,856,000,000.

What is WDAY's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: WDAY) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of N/A.

What is WDAY's Price Target?

According to 20 Wall Street analysts that have issued a 1 year WDAY price target, the average WDAY price target is $307.60, with the highest WDAY stock price forecast at $350.00 and the lowest WDAY stock price forecast at $190.00.

On average, Wall Street analysts predict that Workday's share price could reach $307.60 by Feb 28, 2025. The average Workday stock price prediction forecasts a potential upside of 19.77% from the current WDAY share price of $256.82.

What is WDAY's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: WDAY) forecast ROE is N/A, which is considered weak.
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