
Workday (WDAY) Stock Forecast & Price Target
Workday (WDAY) Analyst Ratings
Bulls say
Workday is a leader in the enterprise software industry, and the positive outlook for the stock is due to its strong financial performance in the most recent quarter, with revenue and operating income exceeding expectations. The company continues to see growth in its subscription revenue and is expanding its offerings beyond human capital management and financials with new AI-driven products. Despite facing competition from larger companies, Workday remains well-positioned with its SaaS delivery model and a growing customer base. Furthermore, the raise in operating margin guidance and strong outlook for the rest of the year indicate that the company is executing well on its growth strategy.
Bears say
Workday is expected to see modest growth with total revenue projected to increase by 12.2% Y/Y and subscription revenue by 13.2% Y/Y in the upcoming quarter. While the company boasts a strong AI platform and a large customer base, there are concerns about the depth of their products in the ITSM and travel software spaces, which may limit their potential for growth in those areas. Additionally, with a price target based on 12x CY27E EV/FCF and competition from other software providers, there are risks that the stock may face downward pressure.
This aggregate rating is based on analysts' research of Workday and is not a guaranteed prediction by Public.com or investment advice.
Workday (WDAY) Analyst Forecast & Price Prediction
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