S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NASDAQ:WDAY

Workday (WDAY) Stock Price, News & Analysis

$259.63
-4.06 (-1.54%)
(As of 04/15/2024 ET)
Today's Range
$257.84
$266.15
50-Day Range
$259.63
$307.21
52-Week Range
$174.25
$311.28
Volume
1.37 million shs
Average Volume
1.35 million shs
Market Capitalization
$68.54 billion
P/E Ratio
50.41
Dividend Yield
N/A
Price Target
$293.61

Workday MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
13.1% Upside
$293.61 Price Target
Short Interest
Healthy
1.53% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.20
Upright™ Environmental Score
News Sentiment
0.49mentions of Workday in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$102.90 M Sold Last Quarter
Proj. Earnings Growth
47.16%
From $1.76 to $2.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Computer And Technology Sector

29th out of 594 stocks

Data Processing & Preparation Industry

3rd out of 59 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 to manage their business and operations. The company offers a suite of financial management applications 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 help organizations to streamline supplier selection and contracts, manage indirect spend, and build and execute sourcing events, such as requests for proposals; expense management solutions to submit and approve expenses; and a suite of human capital management applications that enables HR teams to hire, onboard, pay, develop, reskill, and provide employee experiences. In addition, the company offers planning applications; 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. Further, it provides supply chain and inventory solutions to healthcare organizations; solutions to manage the end-to-end student and faculty lifecycle; and Workday Extend for customers and their developers to build custom applications. It serves professional and business services, financial services, healthcare, education, government, technology, media, retail, and hospitality industries. 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

Elon Musk’s ChatGPT Could Soon Mint New Millionaires
Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.
First Week of WDAY May 31st Options Trading
Elon Musk’s ChatGPT Could Soon Mint New Millionaires
Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.
WDAY Apr 2024 262.500 call
Workday Unusual Options Activity For April 08
Paylocity: Gem In A Highly Competitive Industry
StockNews.com Lowers Workday (NASDAQ:WDAY) to Buy
WDAY Factor-Based Stock Analysis
Workday: Business Still Has Plenty Of Room To Grow
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Today
4/16/2024
Next Earnings (Estimated)
5/23/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Application Software
Current Symbol
NASDAQ:WDAY
CUSIP
98138H10
Fax
N/A
Employees
18,800
Year Founded
2005

Price Target and Rating

Average Stock Price Target
$293.61
High Stock Price Target
$350.00
Low Stock Price Target
$190.00
Potential Upside/Downside
+13.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
28 Analysts

Profitability

Net Income
$1.38 billion
Pretax Margin
4.90%

Debt

Sales & Book Value

Annual Sales
$7.26 billion
Cash Flow
$1.54 per share
Book Value
$30.63 per share

Miscellaneous

Free Float
208,322,000
Market Cap
$68.54 billion
Optionable
Optionable
Beta
1.32

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Should I Buy Workday Stock? WDAY Pros and Cons Explained

Pros

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

  • Workday, Inc. provides enterprise cloud applications that help customers manage their business operations efficiently and effectively.
  • The company offers a suite of financial management applications that provide real-time financial insights, enhance financial consolidation, and promote internal control and auditability.
  • Workday's human capital management applications enable HR teams to streamline processes, hire, onboard, and provide employee experiences, which can lead to improved workforce management.
  • Recent developments in Workday's analytics and reporting applications, including augmented analytics and machine learning, can drive efficiency and automation for businesses.
  • Considering the current stock price and the company's growth potential, investing in Workday may offer a good opportunity for capital appreciation.

Cons

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

  • Workday operates in the competitive data processing & preparation industry, which may pose challenges in maintaining market share and profitability.
  • While the company serves various industries, including healthcare, education, and retail, diversification across industries can also expose it to sector-specific risks.
  • Market volatility and economic uncertainties can impact Workday's financial performance and stock price, affecting investor returns.
  • Investing in application software companies like Workday requires understanding the cyclical nature of technology trends and the need for continuous innovation to stay competitive.
  • Workday's reliance on cloud technology and data security measures may subject it to cybersecurity risks, potentially affecting its reputation and financial stability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Workday pros and cons to contact@marketbeat.com.

WDAY Stock Analysis - Frequently Asked Questions

Should I buy or sell Workday stock right now?

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Workday in the last year. There are currently 1 sell rating, 6 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street equities 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?

28 Wall Street research analysts have issued 12-month price objectives for Workday's stock. Their WDAY share price targets range from $190.00 to $350.00. On average, they predict the company's share price to reach $293.61 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price.
View analysts price targets for WDAY
or view top-rated stocks among Wall Street analysts.

How have WDAY shares performed in 2024?

Workday's stock was trading at $276.06 at the start of the year. Since then, WDAY shares have decreased by 6.0% and is now trading at $259.63.
View the best growth stocks for 2024 here
.

When is Workday's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our WDAY earnings forecast
.

How were Workday's earnings last quarter?

Workday, Inc. (NASDAQ:WDAY) announced its quarterly earnings data on Monday, February, 26th. The software maker reported $1.57 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.10. The software maker had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.92 billion. Workday had a net margin of 19.02% and a trailing twelve-month return on equity of 4.87%. The firm's quarterly revenue was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.14) EPS.

How will Workday's stock buyback program work?

Workday announced that its Board of Directors has approved a share repurchase plan on Tuesday, November 29th 2022, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 1.2% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

What guidance has Workday issued on next quarter's earnings?

Workday issued an update on its first quarter 2025 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

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?
Who are Workday's major shareholders?

Workday's stock is owned by a variety of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.07%), Douglas Lane & Associates LLC (0.02%), Congress Asset Management Co. MA (0.02%), Gateway Investment Advisers LLC (0.01%), Gulf International Bank UK Ltd (0.01%) and Banque Cantonale Vaudoise (0.01%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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..
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This page (NASDAQ:WDAY) was last updated on 4/16/2024 by MarketBeat.com Staff

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