Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on Workday WDAY in the last three months.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 5 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 1 | 2 | 0 | 0 |
| 2M Ago | 1 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 4 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Workday, presenting an average target of $299.17, a high estimate of $330.00, and a low estimate of $260.00. Marking an increase of 2.9%, the current average surpasses the previous average price target of $290.75.
Investigating Analyst Ratings: An Elaborate Study
The analysis of recent analyst actions sheds light on the perception of Workday by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brent Bracelin | Piper Sandler | Raises | Neutral | $290.00 | $270.00 |
| Yun Kim | Loop Capital | Raises | Hold | $260.00 | $242.00 |
| Keith Weiss | Morgan Stanley | Lowers | Equal-Weight | $275.00 | $330.00 |
| Reni Benjamin | JMP Securities | Maintains | Market Outperform | $315.00 | $315.00 |
| Scott Berg | Needham | Maintains | Buy | $300.00 | $300.00 |
| Kash Rangan | Goldman Sachs | Raises | Buy | $310.00 | $300.00 |
| Steven Enders | Citigroup | Lowers | Neutral | $270.00 | $287.00 |
| Brad Zelnick | Deutsche Bank | Raises | Buy | $300.00 | $265.00 |
| Rishi Jaluria | RBC Capital | Raises | Outperform | $320.00 | $300.00 |
| Siti Panigrahi | Mizuho | Raises | Outperform | $320.00 | $280.00 |
| Michael Turrin | Wells Fargo | Raises | Overweight | $330.00 | $300.00 |
| Brian Schwartz | Oppenheimer | Maintains | Outperform | $300.00 | $300.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Workday. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Workday compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Workday's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Workday's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Workday analyst ratings.
Get to Know Workday Better
Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday was founded in 2005 and is headquartered in Pleasanton, California.
A Deep Dive into Workday's Financials
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Workday's remarkable performance in 3 months is evident. As of 31 October, 2024, the company achieved an impressive revenue growth rate of 15.76%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: Workday's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 8.94%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Workday's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.27%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.18%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.39, Workday adopts a prudent financial strategy, indicating a balanced approach to debt management.
Understanding the Relevance of Analyst Ratings
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
