On May 23, 2025, Keybanc analyst Jason Celino updated the price target for Workday (WDAY, Financial), a prominent player in the enterprise cloud applications sector. The price target has been adjusted from $335.00 to $325.00, reflecting a 2.99% decrease. This adjustment was made while maintaining the current stock rating of "Overweight".
The decision to revise the price target comes amid various market dynamics influencing the sector. Despite the adjustment, the "Overweight" rating suggests that the analyst continues to see potential for growth in Workday (WDAY, Financial) compared to other stocks in the industry.
Investors may want to consider the implications of this updated price target when assessing their portfolios, as Workday (WDAY, Financial) remains a significant entity in the cloud-based enterprise solutions market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 35 analysts, the average target price for Workday Inc (WDAY, Financial) is $297.55 with a high estimate of $340.00 and a low estimate of $250.00. The average target implies an upside of 23.56% from the current price of $240.81. More detailed estimate data can be found on the Workday Inc (WDAY) Forecast page.
Based on the consensus recommendation from 41 brokerage firms, Workday Inc's (WDAY, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Workday Inc (WDAY, Financial) in one year is $306.16, suggesting a upside of 27.14% from the current price of $240.81. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Workday Inc (WDAY) Summary page.