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

OverviewForecast
EarningsDividendOwnership

Analyst price target for WDAY

Based on 19 analysts offering 12 month price targets for Workday Inc.
Min Forecast
$300.00+11.49%
Avg Forecast
$330.53+22.83%
Max Forecast
$360.00+33.78%

Should I buy or sell WDAY stock?

Based on 20 analysts offering ratings for Workday Inc.
Strong Buy
Strong Buy
13 analysts 65%
Buy
5 analysts 25%
Hold
2 analysts 10%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

WDAY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 18%
83
Strong BuyMaintains$325.00+20.78%2021-11-19Find out why
Credit Suisse
Bottom 12%
12
HoldMaintains$300.00+11.49%2021-11-19
Barclays
Top 1%
100
Strong BuyMaintains$345.00+28.21%2021-11-19Find out why
Needham
Top 5%
96
BuyMaintains$360.00+33.78%2021-11-19
KeyBanc
Top 5%
96
Strong BuyMaintains$345.00+28.21%2021-11-19Find out why
Piper Sandler
Top 1%
100
Strong BuyMaintains$360.00+33.78%2021-11-19Find out why
BMO Capital
Top 5%
96
HoldMaintains$355.00+31.93%2021-11-18
Cowen & Co.
Top 3%
98
BuyUpgrades$350.00+30.07%2021-11-17
Mizuho
Top 13%
88
Strong BuyMaintains$340.00+26.35%2021-11-16Find out why
UBS
Top 6%
95
Strong BuyUpgradesN/AN/A2021-11-16Find out why

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Forecast return on equity

Is WDAY forecast to generate an efficient return?
Company
3.02%
Industry
-48.07%
Market
37.06%
WDAY's Return on Equity is forecast to be low in 3 years (3.02%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is WDAY forecast to generate an efficient return on assets?
Company
1.35%
Industry
5.71%
WDAY is forecast to generate lower Return on Assets (1.35%) than the US Software - Application industry average (5.71%)
Forecast

WDAY earnings per share forecast

What is WDAY's earnings per share in the next 3 years based on estimates from 28 analysts?
Avg 1 year Forecast
$0.12+9.09%
Avg 2 year Forecast
-$0.10-190.91%
Avg 3 year Forecast
$0.51+363.64%
WDAY's earnings are forecast to grow at an exceptional rate of 38.91% per year
Forecast

WDAY revenue forecast

What is WDAY's revenue in the next 3 years based on estimates from 32 analysts?
Avg 1 year Forecast
$5.1B+4.79%
Avg 2 year Forecast
$6.1B+25.12%
Avg 3 year Forecast
$7.3B+49.7%
WDAY's revenue is forecast to grow at a rate of 14.17% per year, which is not exceptional
Forecast

WDAY earnings growth forecast

How is WDAY forecast to perform vs Software - Application companies and vs the US market?
Company
38.91%
Industry
4.3%
Market
14.37%
WDAY's earnings are forecast to grow faster (38.91% per year) than the US Software - Application industry average (4.3%)
Forecast
WDAY's earnings are forecast to grow faster (38.91% per year) than the US market average (14.37%)
Forecast
WDAY's earnings are forecast to grow faster (38.91% per year) than the risk-free savings rate (1.4%)
Forecast

WDAY revenue growth forecast

How is WDAY forecast to perform vs Software - Application companies and vs the US market?
Company
14.17%
Industry
16.83%
Market
10.03%
WDAY's revenues are forecast to grow slower (14.17% per year) than the US Software - Application industry average (16.83%)
Forecast
WDAY's revenues are forecast to grow faster (14.17% per year) than the US market average (10.03%)
Forecast

Workday Stock Forecast FAQ

Is Workday Stock a good buy in 2021, according to Wall Street analysts?

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

Out of 20 analysts, 13 (65%) are recommending WDAY as a Strong Buy, 5 (25%) are recommending WDAY as a Buy, 2 (10%) are recommending WDAY as a Hold, 0 (0%) are recommending WDAY as a Sell, and 0 (0%) are recommending WDAY as a Strong Sell.

What is WDAY's earnings growth forecast for 2022-2024?

(NASDAQ: WDAY) Workday's forecast annual earnings growth rate of 38.91% is forecast to beat the US Software - Application industry's average forecast earnings growth rate of 4.3%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Workday's earnings in 2021 is $30,919,000.On average, 28 Wall Street analysts forecast WDAY's earnings for 2022 to be $30,000,000, with the lowest WDAY earnings forecast at $-230,000,000, and the highest WDAY earnings forecast at $102,500,000. On average, 28 Wall Street analysts forecast WDAY's earnings for 2023 to be $-25,000,000, with the lowest WDAY earnings forecast at $-215,000,000, and the highest WDAY earnings forecast at $152,500,000.

In 2024, WDAY is forecast to generate $127,500,000 in earnings, with the lowest earnings forecast at $-217,500,000 and the highest earnings forecast at $360,000,000.

What is WDAY's revenue growth forecast for 2022-2024?

(NASDAQ: WDAY) Workday's forecast annual revenue growth rate of 14.17% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.83%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Workday's revenue in 2021 is $4,894,341,000.On average, 32 Wall Street analysts forecast WDAY's revenue for 2022 to be $1,282,148,750,000, with the lowest WDAY revenue forecast at $1,276,360,000,000, and the highest WDAY revenue forecast at $1,299,267,500,000. On average, 32 Wall Street analysts forecast WDAY's revenue for 2023 to be $1,531,000,500,000, with the lowest WDAY revenue forecast at $1,512,307,500,000, and the highest WDAY revenue forecast at $1,593,750,000,000.

In 2024, WDAY is forecast to generate $1,831,753,250,000 in revenue, with the lowest revenue forecast at $1,783,472,500,000 and the highest revenue forecast at $1,910,000,000,000.

What is WDAY's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: WDAY) forecast ROA is 1.35%, which is lower than the forecast US Software - Application industry average of 5.71%.

What is WDAY's Price Target?

According to 19 Wall Street analysts that have issued a 1 year WDAY price target, the average WDAY price target is $330.53, with the highest WDAY stock price forecast at $360.00 and the lowest WDAY stock price forecast at $300.00.

On average, Wall Street analysts predict that Workday's share price could stay at $330.53 by Nov 19, 2022. The average Workday stock price prediction forecasts a potential downside of N/A from the current WDAY share price of $269.09.

What is WDAY's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: WDAY) Workday's current Earnings Per Share (EPS) is $0.11. On average, analysts forecast that WDAY's EPS will be $0.12 for 2022, with the lowest EPS forecast at $-0.92, and the highest EPS forecast at $0.41. On average, analysts forecast that WDAY's EPS will be $-0.10 for 2023, with the lowest EPS forecast at $-0.86, and the highest EPS forecast at $0.61. In 2024, WDAY's EPS is forecast to hit $0.51 (min: $-0.87, max: $1.44).

What is WDAY's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: WDAY) forecast ROE is 3.02%, which is considered weak.
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