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

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Analyst price target for WDAY

Based on 22 analysts offering 12 month price targets for Workday Inc.
Min Forecast
$142.00-10.94%
Avg Forecast
$233.77+46.61%
Max Forecast
$355.00+122.64%

Should I buy or sell WDAY stock?

Based on 23 analysts offering ratings for Workday Inc.
Strong Buy
Strong Buy
12 analysts 52.17%
Buy
6 analysts 26.09%
Hold
4 analysts 17.39%
Sell
0 analysts 0%
Strong Sell
1 analysts 4.35%

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WDAY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 28%
73
HoldInitiates Coverage On$186.00+16.65%2022-09-01
Wolfe Research
Top 3%
98
BuyMaintains$240.00+50.52%2022-08-26
Deutsche Bank
Top 11%
90
Strong BuyMaintains$230.00+44.25%2022-08-26Find out why
Guggenheim
Top 8%
93
Strong SellMaintains$142.00-10.94%2022-08-26
Credit Suisse
Bottom 5%
5
HoldMaintains$215.00+34.84%2022-08-26
Mizuho
Bottom 4%
4
Strong BuyMaintains$220.00+37.97%2022-08-26
BMO Capital
Top 24%
77
BuyMaintains$217.00+36.09%2022-08-26
Needham
Bottom 9%
9
BuyMaintains$220.00+37.97%2022-08-26
Piper Sandler
Top 1%
100
Strong BuyMaintains$211.00+32.33%2022-08-26Find out why
Anonymous
OTR Global
HoldDowngradesN/AN/A2022-08-23

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Forecast return on equity

Is WDAY forecast to generate an efficient return?
Company
5.54%
Industry
18.94%
Market
122.06%
WDAY's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WDAY forecast to generate an efficient return on assets?
Company
2.14%
Industry
4.83%
WDAY is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WDAY earnings per share forecast

What is WDAY's earnings per share in the next 3 years based on estimates from 23 analysts?
Avg 1 year Forecast
-$0.65
Avg 2 year Forecast
-$0.14
Avg 3 year Forecast
$1.11

WDAY revenue forecast

What is WDAY's revenue in the next 3 years based on estimates from 28 analysts?
Avg 1 year Forecast
$6.2B+9.22%
Avg 2 year Forecast
$7.4B+30.25%
Avg 3 year Forecast
$8.8B+54.95%
WDAY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WDAY revenue growth forecast

How is WDAY forecast to perform vs Software - Application companies and vs the US market?
Company
15.47%
Industry
16.76%
Market
8.53%
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$159.45$233.77+46.61%Strong Buy
SHOP$30.83$271.63+781.06%Buy
ADSK$204.53$261.11+27.66%Buy
CDNS$169.70$192.73+13.57%Buy
TTD$61.80$84.18+36.22%Strong Buy

Workday Stock Forecast FAQ

Is Workday Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 23 Wall Street analysts covering (NASDAQ: WDAY) stock is to Strong Buy WDAY stock.

Out of 23 analysts, 12 (52.17%) are recommending WDAY as a Strong Buy, 6 (26.09%) are recommending WDAY as a Buy, 4 (17.39%) are recommending WDAY as a Hold, 0 (0%) are recommending WDAY as a Sell, and 1 (4.35%) 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 earnings growth forecast for 2023-2025?

(NASDAQ: WDAY) Workday's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 26.2%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Workday's earnings in 2022 is -$196,172,000.On average, 23 Wall Street analysts forecast WDAY's earnings for 2023 to be -$166,400,000, with the lowest WDAY earnings forecast at -$322,560,000, and the highest WDAY earnings forecast at -$43,520,000. On average, 24 Wall Street analysts forecast WDAY's earnings for 2024 to be -$35,840,000, with the lowest WDAY earnings forecast at -$271,360,000, and the highest WDAY earnings forecast at $163,840,000.

In 2025, WDAY is forecast to generate $284,160,000 in earnings, with the lowest earnings forecast at -$194,560,000 and the highest earnings forecast at $1,024,000,000.

What is WDAY's revenue growth forecast for 2023-2025?

(NASDAQ: WDAY) Workday's forecast annual revenue growth rate of 15.47% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.76%, and while it is forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Workday's revenue in 2022 is $5,673,859,000.On average, 28 Wall Street analysts forecast WDAY's revenue for 2023 to be $1,586,478,848,000, with the lowest WDAY revenue forecast at $1,571,855,360,000, and the highest WDAY revenue forecast at $1,605,987,840,000. On average, 28 Wall Street analysts forecast WDAY's revenue for 2024 to be $1,891,845,376,000, with the lowest WDAY revenue forecast at $1,849,448,960,000, and the highest WDAY revenue forecast at $1,959,255,040,000.

In 2025, WDAY is forecast to generate $2,250,724,352,000 in revenue, with the lowest revenue forecast at $2,141,841,920,000 and the highest revenue forecast at $2,355,274,240,000.

What is WDAY's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: WDAY) forecast ROA is 2.14%, which is lower than the forecast US Software - Application industry average of 4.83%.

What is WDAY's Price Target?

According to 22 Wall Street analysts that have issued a 1 year WDAY price target, the average WDAY price target is $233.77, with the highest WDAY stock price forecast at $355.00 and the lowest WDAY stock price forecast at $142.00.

On average, Wall Street analysts predict that Workday's share price could reach $233.77 by Sep 1, 2023. The average Workday stock price prediction forecasts a potential upside of 46.61% from the current WDAY share price of $159.45.

What is WDAY's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: WDAY) Workday's current Earnings Per Share (EPS) is -$0.79. On average, analysts forecast that WDAY's EPS will be -$0.65 for 2023, with the lowest EPS forecast at -$1.26, and the highest EPS forecast at -$0.17. On average, analysts forecast that WDAY's EPS will be -$0.14 for 2024, with the lowest EPS forecast at -$1.06, and the highest EPS forecast at $0.64. In 2025, WDAY's EPS is forecast to hit $1.11 (min: -$0.76, max: $4.00).

What is WDAY's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: WDAY) forecast ROE is 5.54%, which is considered weak.
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