Workday, Inc. (NASDAQ:WDAY) Receives $205.19 Average Target Price from Brokerages

Shares of Workday, Inc. (NASDAQ:WDAY) have earned a consensus rating of “Moderate Buy” from the thirty-five ratings firms that are covering the stock, MarketBeat reports. Fifteen research analysts have rated the stock with a hold recommendation and twenty have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $203.00.

A number of brokerages have recently weighed in on WDAY. Royal Bank Of Canada dropped their price target on Workday from $220.00 to $180.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Robert W. Baird set a $195.00 price objective on shares of Workday in a research note on Tuesday, February 24th. Needham & Company LLC restated a “buy” rating and set a $300.00 target price on shares of Workday in a report on Wednesday, February 25th. Mizuho cut their target price on shares of Workday from $275.00 to $210.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Finally, Evercore downgraded shares of Workday from an “outperform” rating to an “in-line” rating and set a $160.00 price target on the stock. in a report on Wednesday, February 25th.

Insider Transactions at Workday

In related news, major shareholder David A. Duffield sold 107,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $142.18, for a total value of $15,284,350.00. Following the sale, the insider owned 105,049 shares of the company’s stock, valued at approximately $14,935,866.82. This represents a 50.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Mark S. Garfield sold 953 shares of the firm’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $209.56, for a total value of $199,710.68. Following the transaction, the chief accounting officer directly owned 35,336 shares of the company’s stock, valued at $7,405,012.16. The trade was a 2.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 610,796 shares of company stock worth $107,013,566 in the last quarter. Insiders own 19.31% of the company’s stock.

Institutional Trading of Workday

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WDAY. Meadowbrook Advisors Group LLC acquired a new position in Workday in the 4th quarter valued at about $320,000. Larry Mathis Financial Planning LLC acquired a new stake in shares of Workday during the 4th quarter worth about $216,000. Green Ridge Wealth Planning LLC purchased a new stake in shares of Workday during the fourth quarter worth about $237,000. Auto Owners Insurance Co grew its holdings in shares of Workday by 25,412.8% during the fourth quarter. Auto Owners Insurance Co now owns 10,230,616 shares of the software maker’s stock worth $2,197,332,000 after buying an additional 10,190,516 shares in the last quarter. Finally, Reflection Asset Management acquired a new position in shares of Workday in the fourth quarter valued at approximately $66,000. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Workday Stock Down 2.7%

WDAY stock opened at $134.14 on Tuesday. The stock has a market capitalization of $35.28 billion, a PE ratio of 51.99, a price-to-earnings-growth ratio of 1.34 and a beta of 1.16. The company has a fifty day moving average of $166.12 and a 200-day moving average of $206.73. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.83 and a current ratio of 1.32. Workday has a one year low of $117.76 and a one year high of $276.00.

Workday (NASDAQ:WDAY) last issued its quarterly earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.15. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. Workday had a net margin of 7.26% and a return on equity of 13.37%. The business’s revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.92 earnings per share. As a group, analysts expect that Workday will post 2.63 EPS for the current year.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Fairview Health Services selected Workday’s AI‑powered HR, finance and supply‑chain suite — a notable enterprise customer win that validates Workday’s platform strategy and could contribute recurring subscription revenue over time. Read More.
• Positive Sentiment: Partnerships with Lyra Health (mental‑health integration) and Insperity (HRScale for SMBs) expand Workday’s HCM ecosystem and open cross‑sell/up‑sell opportunities in wellness and mid‑market segments. Read More.
• Positive Sentiment: Industry recognition — named a strategic partner of the year — helps channel credibility and partner momentum for services/implementations. Read More.
• Neutral Sentiment: Third‑party integrations and partnerships (Persona candidate verification; Kognitiv + Syndio for EU pay transparency) increase Workday’s ecosystem stickiness but are incremental and not immediate revenue catalysts. Read More.
• Neutral Sentiment: Broader software‑industry commentary around AI automation frames a favorable narrative for platform vendors like Workday, but it’s high level and doesn’t change near‑term revenue/earnings. Read More.
• Negative Sentiment: Major insider selling: co‑founder David A. Duffield sold 107,500 shares (~$15.3M at ~$142.18), cutting his stake roughly in half — a headline that can weigh on investor confidence even if for personal/liquidity reasons. Read More.
• Negative Sentiment: Analyst/valuation and guidance pressure: recent commentary has trimmed fair‑value estimates (~20% cut cited) and flagged softer subscription guidance plus higher planned investment — a combination that has pressured sentiment and the stock multiple. Read More.
• Negative Sentiment: Negative narratives on user experience/recruiting friction surfaced in commentary pieces, which can amplify short‑term sentiment risk though they are less directly tied to revenue. Read More.

About Workday

Workday, Inc (NASDAQ: WDAY) is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday’s platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company’s product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.