Workday - WDAY Stock Forecast, Price & News

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workday in the last year. There are currently 1 sell rating, 9 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WDAY shares.
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31 Wall Street research analysts have issued 1 year target prices for Workday's stock. Their WDAY share price forecasts range from $142.00 to $325.00. On average, they expect the company's stock price to reach $215.09 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price.
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Workday's stock was trading at $167.33 at the beginning of the year. Since then, WDAY stock has increased by 14.6% and is now trading at $191.75.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
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Workday, Inc. (NASDAQ:WDAY) posted its quarterly earnings data on Tuesday, November, 29th. The software maker reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.18. The software maker earned $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. Workday had a negative net margin of 5.29% and a negative trailing twelve-month return on equity of 2.11%. Workday's revenue was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.97 earnings per share.

Workday announced that its Board of Directors has authorized a stock buyback program on Tuesday, November 29th 2022, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 1.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Workday issued an update on its fourth quarter 2023 earnings guidance on Wednesday, November, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.63 billion-$1.63 billion, compared to the consensus revenue estimate of $1.65 billion.

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.

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).

Workday trades on the NASDAQ under the ticker symbol "WDAY."

Workday's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (2.87%), Sustainable Growth Advisers LP (1.56%), Ownership Capital B.V. (0.73%), Parnassus Investments LLC (0.50%), Assenagon Asset Management S.A. (0.32%) and Montrusco Bolton Investments Inc. (0.29%). Insiders that own company stock include Aneel Bhusri, Barbara A Larson, Christa Davies, David A Duffield, Douglas A Robinson, George J Still Jr, Gomez Luciano Fernandez, James Bozzini, Michael A Stankey, Michael M Mcnamara, Michael M Mcnamara, Richard Harry Sauer and Robynne Sisco.
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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.
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One share of WDAY stock can currently be purchased for approximately $191.75.

Workday (NASDAQ:WDAY) has a market capitalization of $49.28 billion and generates $5.14 billion in revenue each year. The software maker earns $29.37 million in net income (profit) each year or ($1.24) on an earnings per share basis.

The company employs 15,200 workers across the globe.

Workday's mailing address is 6110 STONERIDGE MALL ROAD, PLEASANTON CA, 94588. The official website for the company is www.workday.com. The software maker can be reached via phone at (925) 951-9000 or via email at ir@workday.com.