Workday - WDAY Stock Forecast, Price & News

31 Wall Street equities research 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 equities research analysts is that investors should "buy" WDAY shares.
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31 equities research analysts have issued 1-year price targets for Workday's shares. Their WDAY share price forecasts range from $142.00 to $325.00. On average, they predict the company's share price to reach $214.47 in the next year. This suggests a possible upside of 15.4% from the stock's current price.
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Workday's stock was trading at $167.33 at the beginning of 2023. Since then, WDAY shares have increased by 11.1% and is now trading at $185.85.
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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) issued its quarterly earnings results on Tuesday, November, 29th. The software maker reported $0.03 EPS 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 analyst estimates of $1.59 billion. Workday had a negative trailing twelve-month return on equity of 2.11% and a negative net margin of 5.29%. Workday's quarterly revenue was up 20.5% on a year-over-year basis. During the same period last year, the business posted $0.97 EPS.

Workday announced that its board has authorized a stock repurchase program on Tuesday, November 29th 2022, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 1.2% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its stock is undervalued.

Workday updated 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 number of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (2.87%), Sustainable Growth Advisers LP (1.56%), Parnassus Investments LLC (0.50%), Assenagon Asset Management S.A. (0.32%), Montrusco Bolton Investments Inc. (0.29%) and Sumitomo Mitsui Trust Holdings Inc. (0.24%). 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 $185.85.

Workday (NASDAQ:WDAY) has a market capitalization of $47.76 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.