Analysts have been tracking Workday (NASDAQ:WDAY), and their ratings over the last quarter reveal a wide range of opinions. A total of 20 analysts have provided their recent ratings, as displayed in the table below.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | Total Ratings |
|---|---|---|---|---|---|
| 5 | 10 | 4 | 0 | 1 | 20 |
Last 30 days have been interesting for Workday, with 1 'bullish' rating, 0 'somewhat bullish' ratings, 0 'somewhat bearish' ratings, and 0 'bearish' ratings. Compared to the preceding months, the sentiments have evolved accordingly:
| Last 30 days | 1 month ago | 2 months ago | 3 months ago |
|---|---|---|---|
| 1-0-0-0 | 4-8-4-0-2 | 0-0-0-0-3 | 0-2-0-0-1 |
An average 12-month price target of $283.8 is established by analysts, along with a high estimate of $350.00 and a low estimate of $190.00. Observing a 2.49% increase, the current average has risen from the previous average price target of $276.90.
An in-depth analysis of analyst ratings and actions can provide deeper insights into how financial experts perceive Workday. A summary of key analysts, their recent evaluations, and adjustments to ratings and price targets are outlined below.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| David Hynes | Canaccord Genuity | Maintains | Buy | $300.00 | $300.00 |
| Michael Turrin | Wells Fargo | Raises | Overweight | $300.00 | $260.00 |
| Raimo Lenschow | Barclays | Raises | Overweight | $289.00 | $286.00 |
| Jason Celino | Keybanc | Raises | Overweight | $305.00 | $275.00 |
| Kirk Materne | Evercore ISI Group | Raises | Outperform | $310.00 | $290.00 |
| Gil Luria | DA Davidson | Raises | Neutral | $270.00 | $255.00 |
| David Hynes | Canaccord Genuity | Raises | Buy | $300.00 | $270.00 |
| Yun Kim | Loop Capital | Raises | Hold | $255.00 | $240.00 |
| Scott Berg | Needham | Maintains | Buy | $350.00 | $350.00 |
| Brad Reback | Stifel | Raises | Hold | $270.00 | $250.00 |
| Keith Weiss | Morgan Stanley | Lowers | Overweight | $315.00 | $325.00 |
| Brad Zelnick | Deutsche Bank | Raises | Hold | $275.00 | $265.00 |
| Brad Sills | B of A Securities | Raises | Buy | $310.00 | $265.00 |
| Brent Bracelin | Piper Sandler | Raises | Overweight | $285.00 | $262.00 |
| Kirk Materne | Evercore ISI Group | Lowers | Outperform | $290.00 | $300.00 |
| Brad Sills | B of A Securities | Lowers | Buy | $265.00 | $275.00 |
| Michael Turrin | Wells Fargo | Lowers | Overweight | $260.00 | $275.00 |
| Brent Bracelin | Piper Sandler | Lowers | Overweight | $262.00 | $280.00 |
| John Difucci | Guggenheim | Maintains | Sell | $190.00 | $190.00 |
| Michael Turrin | Wells Fargo | Lowers | Overweight | $275.00 | $325.00 |