S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

Workday Stock Price, News & Analysis (NASDAQ:WDAY)

$272.92
+2.20 (+0.81%)
(As of 12/1/2023 ET)
Compare
Today's Range
$266.28
$273.63
50-Day Range
$205.14
$272.92
52-Week Range
$157.85
$273.63
Volume
2.69 million shs
Average Volume
1.89 million shs
Market Capitalization
$71.51 billion
P/E Ratio
1,137.17
Dividend Yield
N/A
Price Target
$259.45

Workday MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
4.9% Downside
$259.45 Price Target
Short Interest
Healthy
1.23% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.20
Upright™ Environmental Score
News Sentiment
0.59mentions of Workday in the last 14 days
Based on 76 Articles This Week
Insider Trading
Selling Shares
$32.19 M Sold Last Quarter
Proj. Earnings Growth
54.87%
From $1.13 to $1.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Computer And Technology Sector

86th out of 594 stocks

Software - Application Industry

2nd out of 4 stocks


WDAY stock logo

About Workday Stock (NASDAQ:WDAY)

Workday, Inc. provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments, and to manage their business and operations. The company offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations. It also provides spend management solutions that helps organizations to streamline supplier selection and contracts, manage indirect spend, and build and execute sourcing events, such as requests for proposals; and human capital management solution, a suite of human capital management applications that allows organizations to manage the entire employee lifecycle from recruitment to retirement, and enables HR teams to hire, onboard, pay, develop, reskill, and provide employee experiences. In addition, the company offers applications for planning; and applications for analytics and reporting comprising augmented analytics to surface insights to the line of business in simple-to-understand stories, machine learning to drive efficiency and automation, and benchmarks to compare performance against other companies. It serves professional and business services, financial services, healthcare, education, government, technology, media, retail, and hospitality industries. The company has a partnership with Accenture to develop a suite of data-led and composable finance solutions. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was incorporated in 2005 and is headquartered in Pleasanton, California.

WDAY Stock Price History

WDAY Stock News Headlines

Workday works out a new high: Higher highs are still to come
Workday had a solid quarter leading to increased guidance, analyst revisions and a 10% pop in share prices that may lead to higher highs this year.
The most upgraded stocks in November have two things in common (WDAY)
Marketbeat's most upgraded Stocks list is a who's who of tech names able to monetize AI today; they all report earnings soon and may catalyze their markets.
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Workday: Early Renewals Support Growth In 2024
Workday price target raised to $299 from $284 at Bernstein
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Workday's Options Frenzy: What You Need to Know
Why Workday Inc Stock Is Grinding Higher
Citigroup Increases Workday (NASDAQ:WDAY) Price Target to $270.00
Workday (NASDAQ:WDAY) PT Raised to $274.00
Workday (NASDAQ:WDAY) PT Raised to $260.00
Workday (NASDAQ:WDAY) PT Raised to $300.00 at Needham & Company LLC
Workday (NASDAQ:WDAY) PT Raised to $300.00 at Wells Fargo & Company
Workday (NASDAQ:WDAY) PT Raised to $275.00
Workday (NASDAQ:WDAY) PT Raised to $300.00 at Piper Sandler
Workday (NASDAQ:WDAY) Price Target Raised to $290.00 at Mizuho
See More Headlines
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Company Calendar

Last Earnings
11/28/2023
Today
12/02/2023
Fiscal Year End
1/31/2024
Next Earnings (Estimated)
2/26/2024

Industry, Sector and Symbol

Industry
Software - Application
Sub-Industry
Application Software
Current Symbol
NASDAQ:WDAY
CUSIP
98138H10
Fax
N/A
Employees
18,369
Year Founded
2005

Price Target and Rating

Average Stock Price Target
$259.45
High Stock Price Target
$300.00
Low Stock Price Target
$169.00
Potential Upside/Downside
-4.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
33 Analysts

Profitability

Net Income
$-366,750,000.00
Pretax Margin
2.01%

Debt

Sales & Book Value

Annual Sales
$6.98 billion
Cash Flow
$1.74 per share
Book Value
$25.29 per share

Miscellaneous

Free Float
206,744,000
Market Cap
$71.51 billion
Optionable
Optionable
Beta
1.31

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Should I Buy Workday Stock? WDAY Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Workday was last updated on Monday, November 27, 2023 at 10:15 AM.

Pros

Here are some ways that investors could benefit from investing in Workday, Inc.:

  • Workday, Inc. provides enterprise cloud applications that help its customers manage their business and operations. This can lead to increased efficiency and cost savings for organizations.
  • The company offers a suite of financial management applications that enable chief financial officers to maintain accounting information, manage financial processes, and identify real-time financial insights. This can help improve financial consolidation, reduce time-to-close, and promote internal control and auditability.
  • Workday, Inc. has a partnership with Accenture to develop data-led and composable finance solutions. This collaboration can lead to innovative and competitive offerings in the market.
  • The company serves various industries, including professional and business services, financial services, healthcare, education, government, technology, media, retail, and hospitality. This diversification can provide stability and growth opportunities for investors.
  • Workday, Inc. offers applications for planning and analytics, including augmented analytics and machine learning. These advanced features can provide valuable insights and drive efficiency and automation for businesses.

Cons

Investors should be bearish about investing in Workday, Inc. for these reasons:

  • The stock price of Workday, Inc. is subject to market fluctuations and can be influenced by various factors, such as economic conditions, industry trends, and company performance. Investors should carefully consider the risks associated with investing in the stock.
  • Competition in the application software industry is intense, and Workday, Inc. faces competition from both established players and emerging startups. This competitive landscape can impact the company's market share and profitability.
  • Investing in Workday, Inc. involves risks associated with the technology sector, including rapid technological advancements, cybersecurity threats, and changes in customer preferences. Investors should be aware of these risks and their potential impact on the company's performance.
  • The company's financial performance and growth prospects can be influenced by macroeconomic factors, such as economic downturns, changes in government regulations, and geopolitical events. Investors should consider the potential impact of these factors on Workday, Inc.'s business.
  • Workday, Inc. relies on its ability to attract and retain skilled employees and maintain strong relationships with its customers. Any disruptions in talent acquisition or customer satisfaction can have a negative impact on the company's operations and financial performance.














WDAY Stock Analysis - Frequently Asked Questions

Should I buy or sell Workday stock right now?

33 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Workday in the last year. There are currently 1 sell rating, 7 hold ratings and 25 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WDAY shares.
View WDAY analyst ratings
or view top-rated stocks.

What is Workday's stock price target for 2024?

33 brokerages have issued 12 month price targets for Workday's shares. Their WDAY share price targets range from $169.00 to $300.00. On average, they predict the company's stock price to reach $259.45 in the next twelve months. This suggests that the stock has a possible downside of 4.9%.
View analysts price targets for WDAY
or view top-rated stocks among Wall Street analysts.

How have WDAY shares performed in 2023?

Workday's stock was trading at $167.33 on January 1st, 2023. Since then, WDAY shares have increased by 63.1% and is now trading at $272.92.
View the best growth stocks for 2023 here
.

When is Workday's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024.
View our WDAY earnings forecast
.

How were Workday's earnings last quarter?

Workday, Inc. (NASDAQ:WDAY) announced its quarterly earnings data on Tuesday, November, 28th. The software maker reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.12. The software maker earned $1.87 billion during the quarter, compared to the consensus estimate of $1.85 billion. Workday had a net margin of 0.95% and a trailing twelve-month return on equity of 3.87%. Workday's revenue was up 16.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.03 earnings per share.

How will Workday's stock buyback program work?

Workday declared that its board has initiated a stock buyback program on Tuesday, November 29th 2022, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 1.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its shares are undervalued.

What is Aneel Bhusri's approval rating as Workday's CEO?

994 employees have rated Workday Chief Executive Officer Aneel Bhusri on Glassdoor.com. Aneel Bhusri has an approval rating of 95% among the company's employees. This puts Aneel Bhusri in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Workday own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Workday investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Athabasca Oil (ATH), NVIDIA (NVDA), Aegean Marine Petroleum Network (ANW), Salesforce (CRM) and NIC (EGOV).

Who are Workday's major shareholders?

Workday's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.70%), Wellington Management Group LLP (1.97%), FMR LLC (1.69%), Sustainable Growth Advisers LP (1.51%), Polen Capital Management LLC (1.51%) and Morgan Stanley (1.04%). Insiders that own company stock include Aneel Bhusri, Barbara A Larson, Carl M Eschenbach, Christa Davies, David A Duffield, Douglas A Robinson, George J Still Jr, Gomez Luciano Fernandez, James Bozzini, Michael M Mcnamara, Richard Harry Sauer, Robynne Sisco, Sayan Chakraborty, Zane Rowe and Zane Rowe.
View institutional ownership trends
.

How do I buy shares of Workday?

Shares of WDAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Workday have any subsidiaries?
The following companies are subsidiares of Workday: Adaptive Insights Co. Ltd., Adaptive Insights LLC, Adaptive Insights Ltd., Adaptive Insights Pty Ltd, Canada Workday ULC, Capa Clear Software, GridCraft, Identified, MediaCore, Pattern Technologies, Peakon, Platfora, Platfora Inc., Rallyteam, Rallyteam Inc., Rallyteam Software Solutions Inc., Scout RFP, Skipflag Inc., Stories, Tri-Valley Resellers LLC, Trusted Key, Upshot, Vineyard Sound LLC, Workday (Beijing) Co. Ltd, Workday (Beijing) Co. Ltd., Workday (NZ) Unlimited, Workday (Thailand) Co. Ltd., Workday (UK) Limited, Workday Adaptive Planning, Workday Asia Pacific Limited, Workday Australia Pty Ltd, Workday Australia Pty. Ltd., Workday Austria GmbH, Workday B.V., Workday Belgium SPRL, Workday CZ s.r.o, Workday Denmark Aps, Workday España SL, Workday Finland Oy, Workday France, Workday Global Inc., Workday GmbH, Workday India Private Limited, Workday International Limited, Workday Italy S.r.l., Workday K.K., Workday Korea Limited, Workday Limited, Workday Malaysia Sdn. Bhd., Workday Norway AS, Workday Polska sp. z.o.o, Workday Singapore Pte. Ltd., Workday South Africa (Pty) Ltd, Workday Sweden Aktiebolag, Workday Switzerland GmbH, Zaption, and Zaption Inc..
Read More
This page (NASDAQ:WDAY) was last updated on 12/3/2023 by MarketBeat.com Staff

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