Workday (WDAY) Stock Forecast & Price Target

$190.99 -1.39 (-0.72%)

Closing price 09/24/2026 04:00 PM Eastern

Extended Trading

$191.06 +0.06 (+0.03%)

As of 09/24/2026 07:45 PM Eastern

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Workday - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 40 Analyst Ratings

Sell
2

Hold
18

Buy
20

Based on 40 Wall Street analysts who have issued ratings for Workday in the last 12 months, the stock has a consensus rating of "Hold." Out of the 40 analysts, 2 have given a sell rating, 18 have given a hold rating, and 20 have given a buy rating for WDAY.

Consensus Price Target

$206.34
8.04% Upside

According to the 40 analysts' twelve-month price targets for Workday, the average price target is $206.34. The highest price target for WDAY is $315.00, while the lowest price target for WDAY is $92.00. The average price target represents a forecasted upside of 8.04% from the current price of $190.99.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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WDAY Analyst Ratings Over Time

Type	Current Forecast 9/25/25 to 9/25/26	1 Month Ago 8/26/25 to 8/26/26	3 Months Ago 6/27/25 to 6/27/26	1 Year Ago 9/25/24 to 9/25/25
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	3 Strong Buy rating(s)
Buy	20 Buy rating(s)	19 Buy rating(s)	19 Buy rating(s)	22 Buy rating(s)
Hold	18 Hold rating(s)	15 Hold rating(s)	14 Hold rating(s)	8 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$206.34	$189.86	$184.00	$287.83
Forecasted Upside	8.04% Upside	-0.47% Downside	48.14% Upside	18.57% Upside
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Moderate Buy

WDAY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

WDAY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Workday Stock vs. The Competition

Type	Workday	Technology Companies	Broader Market
Consensus Rating Score	2.45	2.23	2.53
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	8.04% Upside	941.58% Upside	19.68% Upside
News Sentiment Rating	Neutral News See Recent WDAY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/18/2026	Weiss Ratings 5 of 5 stars		Upgrade	Hold (C-) ➝ Hold (C)
9/9/2026	Dbs Bank 4 of 5 stars		Upgrade	Hold
8/31/2026	The Goldman Sachs Group 3 of 5 stars	Kash Rangan 1 of 5 stars	Boost Target	Neutral	$151.00 ➝ $164.00	-17.48%
8/28/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Rishi Jaluria Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$220.00 ➝ $240.00	+24.44%
8/28/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brent Thill Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$220.00	+9.29%
8/28/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Karl Keirstead Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$230.00	+19.26%
8/28/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mark Moerdler Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$216.00 ➝ $238.00	+22.95%
8/28/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brad Reback Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Hold	$115.00 ➝ $160.00	-17.34%
8/28/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Turrin Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$215.00 ➝ $225.00	+16.24%
8/28/2026	William Blair Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform
Get the Latest News and Ratings for WDAY and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Workday and its competitors with MarketBeat's FREE daily newsletter.
8/28/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Keith Weiss Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Underweight	$145.00 ➝ $180.00	-7.01%
8/28/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Steven Enders Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$139.00 ➝ $201.00	+3.84%
8/28/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Raimo Lenschow Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$200.00 ➝ $224.00	+15.72%
8/28/2026	Capital One Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target	Overweight ➝ Equal Weight	$219.00	+13.14%
8/28/2026	Freedom Broker Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Almas Almaganbetov Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Buy ➝ Hold	$180.00 ➝ $200.00	-2.01%
8/28/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Derrick Wood Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$220.00 ➝ $210.00	+3.46%
8/28/2026	DA Davidson Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lucky Schreiner Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$135.00 ➝ $190.00	-2.85%
8/28/2026	Monness Crespi & Hardt Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$202.00 ➝ $218.00	+12.62%
8/28/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jason Celino Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$158.00 ➝ $215.00	+11.07%
8/28/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Daniel Jester Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$182.00 ➝ $230.00	+18.82%
8/28/2026	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew VanVliet Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$220.00 ➝ $205.00	+5.90%
8/28/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Billy Fitzsimmons Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$145.00 ➝ $190.00	-1.84%
8/28/2026	Needham & Company LLC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Scott Berg Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$180.00 ➝ $230.00	+18.82%
8/25/2026	Canaccord Genuity Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Hynes Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$200.00 ➝ $225.00	+12.98%
8/24/2026	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ken Wong Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$165.00 ➝ $220.00	+9.99%
8/21/2026	Guggenheim Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy	$275.00	+39.37%
8/19/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tal Liani Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$140.00 ➝ $205.00	+2.89%
8/17/2026	BTIG Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Allan Verkhovski Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Buy ➝ Neutral
8/14/2026	Lake Street Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$205.00	-0.70%
8/14/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mark Marcon Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$190.00 ➝ $215.00	+4.14%
7/20/2026	CLSA Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bhavtosh Vajpayee Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Underperform	$92.00	-36.46%
5/27/2026	Summit Redstone Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$275.00	+119.45%
5/27/2026	HC Wainwright Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$140.00	+12.89%
5/22/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform	$160.00	+31.31%
3/12/2026	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Almas Almaganbetov Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$210.00	+53.01%
2/25/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Siti Panigrahi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperform	$275.00 ➝ $210.00	+59.68%
2/25/2026	Rosenblatt Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Robert Simmons Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$180.00 ➝ $150.00	+15.18%
2/25/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kirk Materne Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Outperform ➝ In-Line	$160.00	+22.86%
2/24/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mark Murphy Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$270.00 ➝ $230.00	+77.81%
2/18/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brad Zelnick Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$265.00 ➝ $190.00	+32.76%
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2/18/2026	Citizens Jmp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Patrick Walravens Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
2/9/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alexander Sklar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Market Perform
11/26/2025	Macquarie Infrastructure Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
10/30/2025	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
5/23/2025	Westpark Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Curtis Shauger Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$315.00 ➝ $328.00	+20.56%
3/17/2025	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	A. Verkhovski Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Sector Outperform	$355.00 ➝ $305.00	+23.71%
3/4/2025	Daiwa Securities Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	S. Tanaka Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Strong-Buy
2/19/2025	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Omar Sheikh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Neutral
2/14/2025	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Stefan Slowinski Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Strong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 02:00 AM ET.

Should I Buy Workday Stock? WDAY Pros and Cons Explained

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 Tuesday, September 22, 2026. Please send any questions or comments about these Workday pros and cons to contact@marketbeat.com.

Workday
Bull Case

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

Workday, Inc. demonstrated strong fundamental performance in its most recent quarter, reporting earnings per share of $2.75, which exceeded the analyst consensus estimate of $2.61 by $0.14. This beat, combined with revenue of $2.65 billion that surpassed the $2.64 billion consensus, indicates that the company is effectively executing its business strategy and generating higher-than-expected profits for shareholders.
The company is experiencing robust top-line growth, with revenue increasing by 12.8% on a year-over-year basis in the latest reported quarter. This consistent growth trajectory suggests that Workday, Inc. is successfully expanding its customer base or increasing spending per customer, which is a key driver for long-term value creation in the software sector.
Workday, Inc. has been named a Leader in the inaugural 2026 Gartner Magic Quadrant for Workforce Management Technology, a recent development that validates its market position. This recognition highlights the company's ability to unify workforce management, HR, and payroll on a single AI platform, potentially attracting new enterprise clients seeking integrated solutions.
Wall Street analysts have recently raised their outlook on the stock, with the consensus price target increasing to $209.42, which represents an 11.84% increase. This upward revision reflects growing confidence among institutional investors in the company's future earnings potential and its ability to capitalize on artificial intelligence trends in enterprise software.
As of September 22, 2026, the stock is trading at $188.23, which is below the current consensus price target of $209.42. This gap suggests that the stock may be undervalued relative to analyst expectations, offering potential upside for investors who believe the company's recent positive earnings and market leadership will drive future price appreciation.

Workday
Bear Case

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

Major shareholder David Duffield has been consistently selling shares, with a recent transaction on September 18, 2026, involving the sale of 94,089 shares at an average price of $194.69. This sale, executed under a pre-arranged trading plan, represents a 47.25% decrease in his position, which may signal a lack of confidence from a key insider or simply a desire to diversify, potentially creating selling pressure on the stock.
Workday, Inc. does not pay a dividend, as indicated by a dividend yield of 0.00%. For income-focused investors, this lack of cash flow distribution means that returns are dependent solely on capital appreciation, which may be less attractive compared to other software companies that offer regular dividend payments.
The company's price-to-earnings ratio stands at 38.18, which is relatively high. This valuation metric suggests that investors are paying a premium for each dollar of earnings, which can be risky if the company fails to sustain its high growth rates or if market sentiment shifts, leading to a potential correction in the stock price.
Short interest in Workday, Inc. has been increasing, with the number of shares shorted rising to 17,041,430 as of the most recent record date. This level of short interest, which represents 8.69% of the float, indicates that a significant portion of the market is betting against the stock, which could lead to volatility and downward pressure if the bearish sentiment continues to grow.
Despite recent positive news, the stock has experienced significant volatility, with a 52-week low of $110.36 and a high of $249.85. This wide range of trading prices reflects uncertainty in the market regarding the company's valuation and future performance, which may deter risk-averse investors from entering or holding positions in Workday, Inc.

WDAY Forecast - Frequently Asked Questions

According to the research reports of 40 Wall Street equities research analysts, the average twelve-month stock price forecast for Workday is $206.34, with a high forecast of $315.00 and a low forecast of $92.00.

40 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workday in the last year. There are currently 2 sell ratings, 18 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WDAY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WDAY, but not buy additional shares or sell existing shares.

According to analysts, Workday's stock has a predicted upside of 8.04% based on their 12-month stock forecasts.

Over the previous 90 days, Workday's stock had 4 upgrades and 4 downgrades by analysts.

Workday has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, BTIG Research, Canaccord Genuity Group, Cantor Fitzgerald, Capital One Financial, Citigroup, CLSA, DA Davidson, Dbs Bank, Freedom Broker, Guggenheim, Jefferies Financial Group, KeyCorp, Lake Street Capital, Monness Crespi & Hardt, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Robert W. Baird, Royal Bank Of Canada, Sanford C. Bernstein, Stifel Nicolaus, TD Cowen, The Goldman Sachs Group, UBS Group, Weiss Ratings, Wells Fargo & Company, and William Blair in the past 90 days.

Analysts like Workday more than other "technology" companies. The consensus rating score for Workday is 2.45 while the average consensus rating score for "technology" companies is 2.23. Learn more on how WDAY compares to other companies.

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MarketBeat monitors more than a dozen sources for Workday analyst ratings, with the most recent rating issued on 9/18/2026.

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Workday (WDAY) Stock Forecast & Price Target