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Workday works out a new high: Higher highs are still to come

Key Points

  • Workday has a solid quarter and raises guidance; AI-powered services drive business. 
  • Analysts like what they see and start to raise their price targets for the stock. 
  • Share prices surged more than 10% on the news and will likely increase over the coming quarters. 
  • Five stocks to consider instead of Workday.

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Thomas Hughes
About The Author

Thomas Hughes

Contributing Author

Technical and Fundamental Analysis

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Workday (WDAY)
4.8065 of 5 stars
$246.61+0.7%N/A40.90Moderate Buy$292.86
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