NASDAQ:WDAY

Workday Stock Forecast, Price & News

$142.35

+2.77 (+1.98%)

(As of 07/1/2022 12:00 AM ET)

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Today's Range: $137.50
▼
$143.28
50-Day Range: $136.59
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$215.46
52-Week Range: $134.53
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$307.81

Volume: 1.67 million shs
Average Volume: 2.80 million shs
Market Capitalization: $36.16 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $253.27

Workday Stock Forecast (MarketRank)

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 77.9% Upside
$253.27 Price Target
Short Interest: Bearish
5.78% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.20
Upright™ Environmental Score
News Sentiment: 0.53
Based on 7 Articles This Week
Insider Trading: Selling Shares
$23.71 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.66) to ($0.15) Per Share

Overall MarketRank^™

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.44 out of 5 stars

Computer And Technology Sector

126th out of 937 stocks

Data Processing & Preparation Industry

8th out of 113 stocks

4.4 Analyst's Opinion

Consensus Rating
Workday has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 25 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $253.27, Workday has a forecasted upside of 77.9% from its current price of $142.35.
Amount of Analyst Coverage
Workday has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Short Interest

Percentage of Shares Shorted
5.78% of the float of Workday has been sold short.
Short Interest Ratio / Days to Cover
Workday has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Workday has recently increased by 0.35%, indicating that investor sentiment is decreasing.

0.0 Dividend Strength

Dividend Yield
Workday does not currently pay a dividend.
Dividend Growth
Workday does not have a long track record of dividend growth.

2.9 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Workday has received a 46.47% net impact score from Upright. Workday seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Outsourcing platforms", "Payroll management software", and "Online human resources training software" products. See details.
Environmental Sustainability
The Environmental Impact score for Workday is -0.20.

1.4 News and Social Media Coverage

News Sentiment
Workday has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Workday this week, compared to 7 articles on an average week.
Search Interest
Only 13 people have searched for WDAY on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Workday to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% compared to the previous 30 days.

4.2 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Workday insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $23,706,521.00 in company stock.
Percentage Held by Insiders
21.74% of the stock of Workday is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
70.64% of the stock of Workday is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Workday are expected to grow in the coming year, from ($0.66) to ($0.15) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Workday is -1,186.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Workday is -1,186.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Workday has a P/B Ratio of 7.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Workday (NASDAQ:WDAY)

Workday, Inc. provides enterprise cloud applications worldwide. 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; 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 cloud 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; Human Capital Management (HCM) 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; Workday applications for planning; and applications for analytics and reporting, including 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 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.

July 2, 2022 | americanbankingnews.com

Workday, Inc. (NASDAQ:WDAY) Receives $252.77 Consensus PT from Brokerages

June 28, 2022 | benzinga.com

Allen Woo describes how to make the workday more productive - Benzinga - Benzinga

June 28, 2022 | washingtonpost.com

Perspective | What an interior designer and organizer does in a workday - The Washington Post

June 28, 2022 | time.com

To Relax Outside of Work This Summer, Rethink Your Workday - TIME

June 26, 2022 | seekingalpha.com

Workday, Salesforce lead SaaS stocks as Credit Suisse sees potential for increased spend - Seeking Alpha

June 24, 2022 | americanbankingnews.com

Workday (NASDAQ:WDAY) Reaches New 1-Year Low at $135.07

June 24, 2022 | benzinga.com

Workday Earnings Perspective: Return On Capital Employed - Benzinga - Benzinga

June 23, 2022 | finance.yahoo.com

Workday Elects Wayne A.I. Frederick, M.D. to Board of Directors - Yahoo Finance

June 23, 2022 | americanbankingnews.com

Workday's (WDAY) "Buy" Rating Reaffirmed at Oppenheimer

June 22, 2022 | finance.yahoo.com

Workday Elects Wayne A.I. Frederick, M.D. to Board of Directors

June 21, 2022 | washingtonpost.com

What a voice actor does in a workday - The Washington Post

June 20, 2022 | americanbankingnews.com

Analyzing Workday (NASDAQ:WDAY) & GoodRx (NASDAQ:GDRX)

June 18, 2022 | americanbankingnews.com

Douglas A. Robinson Sells 331 Shares of Workday, Inc. (NASDAQ:WDAY) Stock

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Data processing & preparation
Sub-Industry: Application Software
Sector: Computer and Technology
Current Symbol: NASDAQ:WDAY
CUSIP: 98138H10
CIK: 1327811
Web: www.workday.com
Phone: (925) 951-9000
Fax: N/A
Employees: 15,200
Year Founded: 2005

Company Calendar

Last Earnings: 5/26/2022
Today: 7/02/2022
Next Earnings (Estimated): 8/25/2022
Fiscal Year End: 1/31/2023

Price Target and Rating

Average Stock Price Forecast: $253.27
High Stock Price Forecast: $350.00
Low Stock Price Forecast: $170.00
Forecasted Upside/Downside: +77.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86206896551724
Research Coverage: 29 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.12)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $29.37 million
Net Margins: -0.49%
Pretax Margin: -0.55%
Return on Equity: 1.34%
Return on Assets: 0.56%

Debt

Debt-to-Equity Ratio: 0.62
Current Ratio: 1.56
Quick Ratio: 1.56

Sales & Book Value

Annual Sales: $5.14 billion
Price / Sales: 7.04
Cash Flow: $2.34 per share
Price / Cash Flow: 60.90
Book Value: $18.14 per share
Price / Book: 7.85

Miscellaneous

Outstanding Shares: 254,000,000
Free Float: 198,780,000
Market Cap: $36.16 billion
Optionable: Optionable
Beta: 1.41

Social Links

Workday Frequently Asked Questions

Should I buy or sell Workday stock right now?: 29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workday in the last twelve months. There are currently 4 hold ratings and 25 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Workday stock.
View analyst ratings for Workday or view top-rated stocks.
What is Workday's stock price forecast for 2022?: 29 Wall Street research analysts have issued 12-month target prices for Workday's stock. Their WDAY stock forecasts range from $170.00 to $350.00. On average, they predict Workday's stock price to reach $253.27 in the next year. This suggests a possible upside of 77.9% from the stock's current price.
View analysts' price targets for Workday or view top-rated stocks among Wall Street analysts.
How has Workday's stock price performed in 2022?: Workday's stock was trading at $273.18 at the beginning of the year. Since then, WDAY stock has decreased by 47.9% and is now trading at $142.35.
View the best growth stocks for 2022 here.
When is Workday's next earnings date?: Workday is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Workday.
How were Workday's earnings last quarter?: Workday, Inc. (NASDAQ:WDAY) posted its quarterly earnings data on Thursday, May, 26th. The software maker reported $0.83 EPS for the quarter, missing the consensus estimate of $0.86 by $0.03. The software maker had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Workday had a positive trailing twelve-month return on equity of 1.34% and a negative net margin of 0.49%. The company's revenue was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.01) earnings per share.
View Workday's earnings history.
Who are Workday's key executives?: Workday's management team includes the following people:
Mr. Aneel Bhusri, Co-Founder, Co-CEO & Chairman (Age 56, Pay $3.03M)
Mr. Luciano Fernandez Gomez, Co-CEO & Director (Age 52, Pay $1.48M)
Ms. Robynne D. Sisco, Co-Pres (Age 57, Pay $568.7k)
Mr. Doug A. Robinson, Co-Pres (Age 50, Pay $784.67k) (LinkedIn Profile)
Mr. David Albert Duffield, Co-Founder & CEO Emeritus (Age 81)
Mr. James J. Bozzini, Chief Operating Officer (Age 56, Pay $567.7k)
Mr. Richard Harry Sauer, Chief Legal Officer, Head of Corp. Affairs & Corp. Sec. (Age 59, Pay $807.7k) (LinkedIn Profile)
Ms. Barbara Larson, Chief Financial Officer (Age 51)
Mr. Jim Stratton, Chief Technology Officer (Age 45)
Mr. Michael Magaro, VP of Investor Relations
What is Aneel Bhusri's approval rating as Workday's CEO?: 994 employees have rated Workday CEO Aneel Bhusri on Glassdoor.com. Aneel Bhusri has an approval rating of 95% among Workday's employees. This puts Aneel Bhusri in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of Workday's key competitors?: Some companies that are related to Workday include Adobe (ADBE), Salesforce (CRM), Intuit (INTU), Synopsys (SNPS), Cadence Design Systems (CDNS), Autodesk (ADSK), ANSYS (ANSS), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Splunk (SPLK), Tyler Technologies (TYL), Aspen Technology (AZPN), Citrix Systems (CTXS), Fair Isaac (FICO) and Manhattan Associates (MANH).
View all of WDAY's competitors.

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).
What is Workday's stock symbol?: Workday trades on the NASDAQ under the ticker symbol "WDAY."
How do I buy shares of Workday?: Shares of WDAY 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.
What is Workday's stock price today?: One share of WDAY stock can currently be purchased for approximately $142.35.
How much money does Workday make?: Workday (NASDAQ:WDAY) has a market capitalization of $36.16 billion and generates $5.14 billion in revenue each year. The software maker earns $29.37 million in net income (profit) each year or ($0.12) on an earnings per share basis.
How many employees does Workday have?: Workday employs 15,200 workers across the globe.
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
When was Workday founded?: Workday was founded in 2005.
How can I contact Workday?: Workday's mailing address is 6110 STONERIDGE MALL ROAD, PLEASANTON CA, 94588. The official website for Workday is www.workday.com. The software maker can be reached via phone at (925) 951-9000 or via email at [email protected].

This page (NASDAQ:WDAY) was last updated on 7/2/2022 by MarketBeat.com Staff

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Workday Stock Forecast, Price & News

Workday Stock Forecast (MarketRank)

Overall MarketRank™

4.4 Analyst's Opinion

2.0 Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

0.0 Dividend Strength

2.9 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

1.4 News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

4.2 Company Ownership

0.6 Earnings and Valuation

Receive WDAY Stock News and Ratings via Email

About Workday (NASDAQ:WDAY)

WDAY Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Workday Frequently Asked Questions

Should I buy or sell Workday stock right now?

What is Workday's stock price forecast for 2022?

How has Workday's stock price performed in 2022?

When is Workday's next earnings date?

How were Workday's earnings last quarter?

Who are Workday's key executives?

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

Who are some of Workday's key competitors?

What other stocks do shareholders of Workday own?

What is Workday's stock symbol?

How do I buy shares of Workday?

What is Workday's stock price today?

How much money does Workday make?

How many employees does Workday have?

Does Workday have any subsidiaries?

When was Workday founded?

How can I contact Workday?

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