Workday Inc (WDAY) Stock Forecast & Predictions

Workday Inc - Class A WDAY: $263.44

6110 Stoneridge Mall Rd, Pleasanton, California, US. | Sector: Information | Exchange: NASDAQ | Web: www.workday.com

  • Market Cap$51.27B
  • Change (52 Weeks)24.40%
  • Low (52 Weeks)$201.62
  • Workday Inc (WDAY) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Workday Inc (WDAY) stock price is $263.44 and the 52 weeks low is $201.62, which means the Workday Inc stock price is up 24.40% in the last 12 months.

    Workday Inc (WDAY) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that WDAY Stock price might rise further, 18.75% indicating that WDAY Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall WDAY stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Workday Inc (WDAY) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Workday Inc (WDAY) is based on 37 Institutional Analyst Ratings where 45.95% are on Strong Buy, 32.43% on Moderate Buy, 21.62% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 37 Institutional Analysts, majority recommended WDAY stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Workday Inc.

    Workday Inc (WDAY) Stock Price Prediction By Analysts


    HighLowAverage
    $357.00$257.55$308.91
    $308.9117.26% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for WDAY set by the institutional analysts is $308.91 where High Estimate is $357.00, Median $313.14 and Low $257.55.

    The average price target for WDAY by Institutional Analysts is $308.91, which is 17.26% Upside from the current price. So according to the Institutional Analysts, WDAY Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Workday Inc (WDAY) Stock Forecast Based on Investor Sentiment


    Moderately Negative

    Based on 479,658 investor portfolio.

    Our algorithm has analysed 479,658 investor portfolio with WDAY stock holdings and found that 21.00% of them are bullish. Which means the Investor Sentiment is mostly Moderately Negative.

    This shows most investors think WDAY stock is moderately overvalued currently and some of them have already closed their WDAY position and don't intend to buy anymore at this stage.

    Workday Inc (WDAY) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    NeedhamBuyMaintained
    Wells FargoOverweightInitiated
    BarclaysOverweightMaintained
    JefferiesBuyMaintained
    Wolfe ResearchOutperformMaintained
    Piper SandlerOverweightMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    KeybancOverweightMaintained
    BMO CapitalMarket PerformMaintained
    B of A SecuritiesBuyMaintained
    BarclaysOverweightUpgraded
    JMP SecuritiesMarket OutperformMaintained
    Wolfe ResearchOutperformInitiated
    Canaccord GenuityBuyMaintained
    NeedhamBuyMaintained
    JefferiesBuyMaintained
    Credit SuisseNeutralMaintained
    BarclaysEqual-WeightMaintained
    UBSNeutralMaintained
    Loop CapitalBuyUpgraded
    Goldman SachsBuyInitiated
    KeyBancOverweightMaintained
    B of A SecuritiesBuyReiterated
    KeyBancOverweightInitiated
    Piper SandlerOverweightMaintained
    Credit SuisseNeutralMaintained
    Piper SandlerOverweightUpgraded
    UBSNeutralUpgraded
    JefferiesBuyUpgraded
    StifelBuyUpgraded
    CitigroupBuyUpgraded
    CitigroupNeutralMaintained
    Piper SandlerNeutralMaintained
    OppenheimerOutperformMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityBuyMaintained
    B of A SecuritiesBuyMaintained
    Deutsche BankHoldMaintained
    Loop CapitalSellInitiated
    B of A SecuritiesBuyMaintained
    StifelHoldMaintained
    Piper SandlerNeutralMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    Deutsche BankHoldMaintained
    Cowen & Co.Market PerformMaintained
    CitigroupNeutralMaintained
    RBC CapitalOutperformReiterated
    RosenblattSellInitiated
    Cowen & Co.Market PerformDowngraded
    Morgan StanleyOverweightUpgraded
    NeedhamBuyMaintained
    Piper SandlerNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    OppenheimerOutperformMaintained
    JP MorganOverweightMaintained
    Stifel NicolausHoldMaintained
    Canaccord GenuityBuyMaintained
    BairdOutperformMaintained
    Societe GeneraleSellDowngraded
    Goldman SachsBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    WedbushNeutralMaintained
    JP MorganOverweightMaintained
    Compass PointNeutralDowngraded
    BairdOutperformMaintained
    Morgan StanleyEqual-WeightDowngraded
    Societe GeneraleHoldUpgraded
    Evercore ISI GroupOutperformUpgraded
    Canaccord GenuityBuyMaintained
    RBC CapitalOutperformMaintained
    Goldman SachsBuyUpgraded
    StifelHoldMaintained
    CitiNeutralUpgraded
    BMO CapitalMarket PerformMaintained
    MizuhoBuyInitiated
    Compass PointBuyInitiated
    Wells FargoMarket PerformMaintained
    WedbushNeutralMaintained
    UBSSellMaintained
    Stifel NicolausHoldMaintained
    Morgan StanleyOverweightMaintained
    Canaccord GenuityBuyMaintained
    Bank of AmericaBuyMaintained
    Exane BNP ParibasUnderperformInitiated
    CitigroupSellMaintained
    WedbushNeutralMaintained
    KeyBancOverweightMaintained
    Deutsche BankHoldMaintained
    CitigroupSellMaintained
    BarclaysEqual-WeightMaintained
    Cowen & Co.OutperformUpgraded
    KeyBancOverweightMaintained
    Atlantic EquitiesOverweightInitiated
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    JefferiesHoldMaintained
    Credit SuisseNeutralMaintained
    BMO CapitalMarket PerformMaintained
    BernsteinOutperformUpgraded
    Wells FargoMarket PerformMaintained
    Stifel NicolausHoldMaintained
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    Deutsche BankHoldMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityBuyMaintained
    BMO CapitalMarket PerformMaintained
    KeyBancOverweightMaintained
    Credit SuisseNeutralMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    Monness Crespi HardtBuyInitiated
    KeyBancOverweightMaintained
    CitigroupSellMaintained
    Stifel NicolausHoldMaintained
    KeyBancOverweightMaintained
    JMP SecuritiesMarket OutperformMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityBuyMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    MacquarieNeutralUpgraded
    Bank of AmericaBuyMaintained
    Cowen & Co.Market PerformMaintained
    Deutsche BankHoldMaintained
    NeedhamBuyUpgraded
    Morgan StanleyOverweightUpgraded
    KeyBancOverweightUpgraded
    BarclaysEqual-WeightMaintained
    GuggenheimNeutralInitiated
    Deutsche BankHoldMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityBuyMaintained
    BarclaysEqual-WeightMaintained
    BMO CapitalMarket PerformMaintained
    BTIG ResearchNeutralDowngraded
    Credit SuisseNeutralInitiated
    BenchmarkHoldInitiated
    Bank of AmericaBuyInitiated
    BernsteinMarket PerformDowngraded
    CitigroupSellDowngraded
    PiperJaffrayOverweightUpgraded
    Wells FargoMarket PerformInitiated
    DA DavidsonBuyMaintained
    Canaccord GenuityBuyMaintained
    OppenheimerOutperformMaintained
    WedbushNeutralUpgraded
    UBSBuyMaintained
    NomuraNeutralMaintained
    JefferiesHoldMaintained
    CitigroupNeutralMaintained
    BTIG ResearchBuyMaintained
    Brean CapitalSellMaintained
    BairdOutperformMaintained
    CitigroupNeutralMaintained
    WunderlichBuyMaintained
    UBSBuyMaintained
    Pacific CrestSector WeightMaintained
    OppenheimerOutperformMaintained
    NomuraNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    JMP SecuritiesMarket OutperformMaintained
    JefferiesHoldMaintained
    Goldman SachsNeutralMaintained
    Drexel HamiltonBuyMaintained
    DA DavidsonBuyMaintained
    CitigroupNeutralMaintained
    Canaccord GenuityBuyMaintained
    BTIG ResearchBuyMaintained
    Brean CapitalSellMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    BairdOutperformMaintained
    Drexel HamiltonBuyMaintained
    BarclaysEqual-WeightMaintained
    OTR GlobalMixedDowngraded
    NeedhamHoldDowngraded
    Stephens & Co.Equal-WeightInitiated
    CitigroupNeutralDowngraded
    Cowen & Co.Market PerformInitiated
    BMO CapitalMarket PerformInitiated
    Goldman SachsNeutralMaintained
    Drexel HamiltonBuyMaintained
    Cross ResearchHoldDowngraded
    WedbushUnderperformDowngraded
    WunderlichHoldMaintained
    BarclaysEqual-WeightMaintained
    Brean CapitalSellDowngraded
    MacquarieUnderperformInitiated
    Pacific CrestSector WeightDowngraded
    MacquarieUnderperformInitiated
    Pacific CrestOverweightMaintained
    OppenheimerOutperformMaintained
    JP MorganOverweightUpgraded
    JefferiesHoldMaintained
    FBR CapitalOutperformMaintained
    Drexel HamiltonBuyMaintained
    Cross ResearchBuyUpgraded
    CitigroupBuyMaintained
    BairdOutperformMaintained
    Deutsche BankHoldMaintained
    NomuraNeutralMaintained
    OTR GLobalPositiveUpgraded
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Mitsubishi UFJOverweightInitiated
    Brean CapitalHoldInitiated
    BarclaysEqual-WeightDowngraded
    Drexel HamiltonBuyMaintained
    WedbushNeutralDowngraded
    RBC CapitalOutperformMaintained
    Lake StreetHoldInitiated
    BTIG ResearchBuyInitiated
    WedbushOutperformMaintained
    RBC CapitalOutperformMaintained
    PiperJaffrayNeutralMaintained
    JMP SecuritiesMarket OutperformMaintained
    JefferiesHoldMaintained
    FBR CapitalOutperformMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    BairdOutperformMaintained
    OppenheimerOutperformMaintained
    DA DavidsonBuyUpgraded
    Stephens & Co.Equal-WeightMaintained
    Evercore ISI GroupBuyUpgraded
    WunderlichHoldInitiated
    BernsteinOutperformInitiated
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    NeedhamBuyInitiated
    Brean CapitalHoldInitiated
    NomuraNeutralMaintained
    JP MorganNeutralMaintained
    JefferiesHoldMaintained
    BarclaysOverweightUpgraded
    First AnalysisOverweightInitiated
    PiperJaffrayNeutralInitiated
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    JefferiesHoldInitiated
    DA DavidsonNeutralMaintained
    NorthlandOutperformUpgraded
    Societe GeneraleHoldInitiated
    RBC CapitalOutperformInitiated
    BarclaysEqual-WeightMaintained
    Cantor FitzgeraldBuyMaintained
    Canaccord GenuityBuyMaintained
    BarclaysEqual-WeightMaintained
    DA DavidsonNeutralInitiated
    DA DavidsonNeutralInitiated
    Canaccord GenuityBuyMaintained
    BMO CapitalMarket PerformMaintained
    B. Riley FBRNeutralMaintained
    BarclaysEqual-WeightMaintained
    B. RileyNeutralInitiated
    FBR CapitalOutperformUpgraded
    FBN SecuritiesSector PerformMaintained
    Deutsche BankHoldInitiated
    UBSBuyUpgraded
    MacquarieNeutralInitiated
    JefferiesBuyMaintained
    BairdOutperformUpgraded
    Cowen & Co.Market PerformDowngraded
    Janney CapitalNeutralInitiated
    WedbushOutperformMaintained
    OppenheimerOutperformMaintained
    JefferiesBuyMaintained
    Goldman SachsNeutralMaintained
    BMO CapitalMarket PerformMaintained
    BMO CapitalMarket PerformMaintained
    SusquehannaNeutralInitiated
    FBR CapitalMarket PerformInitiated
    PiperJaffrayNeutralMaintained
    OppenheimerOutperformInitiated
    OppenheimerOutperformInitiated
    JefferiesBuyInitiated
    WedbushOutperformInitiated
    WedbushOutperformInitiated
    JefferiesBuyInitiated
    FBN SecuritiesSector PerformInitiated
    CitigroupNeutralInitiated
    BarclaysEqual-WeightInitiated
    Northland SecuritiesMarket PerformInitiated
    BairdNeutralInitiated
    Evercore PartnersEqual-WeightInitiated
    Stifel NicolausHoldInitiated
    JP MorganNeutralMaintained
    PiperJaffrayNeutralInitiated
    JMP SecuritiesMarket OutperformInitiated
    Wells FargoOutperformInitiated
    Pacific CrestOutperformInitiated
    Morgan StanleyEqual-WeightInitiated
    JP MorganNeutralInitiated
    Goldman SachsNeutralInitiated
    Cowen & Co.OutperformInitiated
    William BlairOutperformInitiated
    Canaccord GenuityBuyInitiated
    UBSNeutralInitiated

    Workday Inc (WDAY) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.894
    The average consensus EPS for WDAY is $0.894 with a high estimate of $1.228 and Low of $0.804 for the period 2021-12-31 and based on 25 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.23$0.7925912022-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.89444822022-09-30
    $1.23$0.7925912022-06-30
    $0.87$0.7459772022-03-31
    $0.73$0.56587562021-12-31
    $0.86$0.68612342021-09-30
    $0.84$0.67043582021-06-30
    $0.44$0.48773342021-03-31
    $0.5$0.40831622020-12-31
    $0.53$0.376869599999999972020-09-30
    $0.44$0.35435822020-06-30
    $0.43$0.41603762020-03-31
    $0.41$0.32659382019-12-31
    $0.31$0.14660462019-09-30
    $0.31$0.26133422019-06-30
    $0.33$0.26130362019-03-31
    $0.28$0.206825400000000022018-12-31
    $0.24$0.14974622018-09-30
    $0.24$0.15347942018-06-30
    $0.29$0.16576022018-03-31
    $0.07$-0.01016942017-12-31
    $0.03$-0.042842017-09-30
    $-0.04$-0.02178722017-06-30
    $0.05$-0.02027762017-03-31
    $-0.01$-0.0444822000000000062016-12-31
    $0$-0.0384642000000000042016-09-30
    $0.02$-0.05780342016-06-30
    $-0.02$-0.07897862016-03-31
    $-0.06$-0.06207722015-12-31
    $-0.03$-0.097624200000000012015-09-30
    $-0.11$-0.142371600000000012015-06-30
    $-0.13$-0.1547342015-03-31
    $-0.13$-0.15897722014-12-31
    $-0.12$-0.17692922014-09-30
    $-0.13$-0.181562014-06-30
    $-0.15$-0.18610922014-03-31
    $-0.16$-0.20939582013-12-31
    $-0.39$-0.57800340000000012013-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).