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. 
  • 5 stocks we like better than Workday

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Workday (WDAY)
4.8206 of 5 stars
$247.08+0.3%N/A47.98Moderate Buy$293.61
Compare These Stocks  Add These Stocks to My Watchlist 

Thomas Hughes

About Thomas Hughes

  • tmhughes.writeon@gmail.com

Contributing Author

Technical and Fundamental Analysis

Experience

Thomas Hughes has been a contributing writer for MarketBeat since 2019.

Areas of Expertise

Technical analysis, the S&P 500; retail, consumer, consumer staples, dividends, high-yield, small caps, technology, economic data, oil, cryptocurrencies

Education

Associate of Arts in Culinary Technology

Past Experience

Market watcher, trader and investor for numerous websites. Founded Passive Market Intelligence LLC to provide market research insights. 


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