17 analysts have expressed a variety of opinions on Workday WDAY over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 7 | 4 | 0 | 0 |
| Last 30D | 2 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 3 | 0 | 0 | 0 |
| 3M Ago | 3 | 4 | 3 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $299.53, a high estimate of $340.00, and a low estimate of $242.00. Observing a 2.38% increase, the current average has risen from the previous average price target of $292.56.
Decoding Analyst Ratings: A Detailed Look
In examining recent analyst actions, we gain insights into how financial experts perceive Workday. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| 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 |
| Keith Weiss | Morgan Stanley | Raises | Overweight | $330.00 | $315.00 |
| Yun Kim | Loop Capital | Lowers | Hold | $242.00 | $270.00 |
| Raimo Lenschow | Barclays | Lowers | Overweight | $305.00 | $314.00 |
| Brad Sills | B of A Securities | Lowers | Buy | $285.00 | $310.00 |
| Scott Berg | Needham | Maintains | Buy | $300.00 | $300.00 |
| Brent Bracelin | Piper Sandler | Lowers | Neutral | $270.00 | $285.00 |
| Scott Berg | Needham | Maintains | Buy | $300.00 | $300.00 |
| Allan Verkhovski | Scotiabank | Announces | Sector Outperform | $340.00 | - |
| Yun Kim | Loop Capital | Raises | Hold | $270.00 | $255.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Workday. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Workday compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Workday's stock. This analysis reveals shifts in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Workday's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Workday analyst ratings.
Delving into Workday's Background
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.
Workday's Economic Impact: An Analysis
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Workday displayed positive results in 3 months. As of 31 October, 2024, the company achieved a solid revenue growth rate of approximately 15.76%. This indicates a notable 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 net margin is impressive, surpassing industry averages. With a net margin of 8.94%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Workday's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.27%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Workday's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.18%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Workday's debt-to-equity ratio is below the industry average at 0.39, reflecting a lower dependency on debt financing and a more conservative financial approach.
What Are Analyst Ratings?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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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.
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