Workday stock forecast 2027–2029What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Workday is 201.85, 5.6% above the current price of 191.15. Their targets range from 140.00 to 275.00.
Of the 31 firms that rated Workday in the past 12 months, 15 rate it buy or strong buy, 14 hold and 2 sell or strong sell (each firm at its latest rating): a Hold consensus.
Analysts' 1-year price targets range from 140.00 to 275.00, with an average of 201.85.
| Buy | 15 | |
| Hold | 14 | |
| Sell | 2 |
12-month price target
| Highest target | 275.00 |
| Average target | 201.85 |
| Lowest target | 140.00 |
| Current price | 191.15 |
Workday price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Workday price target and rating?
How analysts rate Workday, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
15 of 31 firms rate it buy now, against 25 of 32 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Workday analyst upgrades, downgrades and price targets
The latest rating change came on 16 October 2026, when Keybanc downgraded Workday from Overweight to Sector Perform. The most recent new target came from UBS on 15 October 2026: 175.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 16 Oct 2026 | Keybanc | Downgraded · Overweight → Sector Perform | — | — | — |
| 15 Oct 2026 | UBS | — | 210.00 → 175.00 | -16.7% | 188.77 |
| 14 Oct 2026 | Mizuho Securities Siti Panigrahi | — | 210.00 | — | 186.02 |
| 8 Oct 2026 | Jefferies Brent Thill | Reiterated · Hold | 220.00 → 210.00 | -4.5% | 184.26 |
| 7 Oct 2026 | UBS | — | 230.00 → 210.00 | -8.7% | 184.26 |
| 31 Aug 2026 | Goldman Sachs | Reiterated · Neutral | 151.00 → 164.00 | +8.6% | 198.08 |
| 28 Aug 2026 | Jefferies Brent Thill | — | 225.00 → 220.00 | -2.2% | 194.31 |
| 28 Aug 2026 | D.A. Davidson | — | 135.00 → 190.00 | +40.7% | 194.37 |
| 28 Aug 2026 | BMO Capital | Reiterated · Outperform | 182.00 → 230.00 | +26.4% | 195.43 |
| 28 Aug 2026 | Cantor Fitzgerald | Reiterated · Overweight | 160.00 → 205.00 | +28.1% | 194.71 |
| 28 Aug 2026 | UBS | — | 215.00 → 230.00 | +7.0% | 193.57 |
| 28 Aug 2026 | UBS | — | 190.00 → 215.00 | +13.2% | 193.57 |
| 28 Aug 2026 | UBS | — | 220.00 → 190.00 | -13.6% | 193.57 |
| 28 Aug 2026 | Bernstein | Reiterated · Outperform | 216.00 → 238.00 | +10.2% | 193.57 |
| 28 Aug 2026 | Stifel Nicolaus | Reiterated · Hold | 175.00 → 160.00 | -8.6% | 193.57 |
| 28 Aug 2026 | Needham Scott Berg | Reiterated · Buy | 180.00 → 230.00 | +27.8% | 193.57 |
| 28 Aug 2026 | Wells Fargo Michael Turrin | Reiterated · Overweight | 215.00 → 225.00 | +4.7% | 193.57 |
| 28 Aug 2026 | Morgan Stanley Adam Wood | Reiterated · Underweight | 145.00 → 180.00 | +24.1% | 193.57 |
| 28 Aug 2026 | Barclays | Reiterated · Overweight | 275.00 → 224.00 | -18.5% | 193.57 |
| 28 Aug 2026 | Capital One Financial | — | 219.00 | — | 193.57 |
| 28 Aug 2026 | Freedom Broker | Downgraded · Buy → Hold | — | — | — |
| 25 Aug 2026 | Canaccord Genuity | Reiterated · Buy | 225.00 | — | 199.15 |
| 24 Aug 2026 | Oppenheimer Ken Wong | Reiterated · Outperform | 165.00 → 220.00 | +33.3% | 200.01 |
| 23 Aug 2026 | Jefferies Brent Thill | — | 140.00 → 225.00 | +60.7% | 200.01 |
| 21 Aug 2026 | Guggenheim John DiFucci | — | 285.00 → 275.00 | -3.5% | 197.32 |
| 17 Aug 2026 | Deutsche Bank | — | 190.00 → 220.00 | +15.8% | 198.68 |
| 17 Aug 2026 | BTIG | Downgraded · Buy → Neutral | — | — | — |
| 14 Aug 2026 | Robert W. Baird | — | 190.00 → 215.00 | +13.2% | 206.45 |
| 14 Aug 2026 | UBS | Reiterated · Neutral | 140.00 → 220.00 | +57.1% | 206.45 |
| 14 Aug 2026 | Lake Street | — | 205.00 | — | 206.45 |
| 12 Aug 2026 | Wells Fargo Michael Turrin | Reiterated · Overweight | 185.00 → 215.00 | +16.2% | 181.27 |
| 21 Jul 2026 | Morgan Stanley Adam Wood | Downgraded · Equal Weight → Underweight | 200.00 → 145.00 | -27.5% | 147.22 |
| 25 Jun 2026 | Monness | — | 150.00 | — | 118.09 |
| 27 May 2026 | Summit Redstone Partners | — | 275.00 | — | 124.02 |
| 27 May 2026 | H.C. Wainwright | — | 140.00 | — | 124.02 |
| 26 May 2026 | D.A. Davidson | — | 125.00 → 135.00 | +8.0% | 125.48 |
| 26 May 2026 | Goldman Sachs | Reiterated · Neutral | 238.00 → 151.00 | -36.6% | 128.14 |
| 22 May 2026 | UBS | Reiterated · Neutral | 170.00 → 140.00 | -17.6% | 128.46 |
| 22 May 2026 | Needham | Reiterated · Buy | 180.00 | — | 121.85 |
| 22 May 2026 | Piper Sandler Billy Fitzsimmons | Reiterated · Neutral | 135.00 → 145.00 | +7.4% | 121.85 |
| 22 May 2026 | Wells Fargo Michael Turrin | Reiterated · Overweight | 255.00 → 185.00 | -27.5% | 121.85 |
| 22 May 2026 | Oppenheimer Ken Wong | — | 200.00 → 165.00 | -17.5% | 121.85 |
| 22 May 2026 | KeyBanc | Reiterated · Overweight | 155.00 → 158.00 | +1.9% | 121.85 |
| 22 May 2026 | Wolfe Research Alex Zukin | — | 160.00 | — | 121.85 |
| 22 May 2026 | Bernstein Mark Moerdler | — | 298.00 → 216.00 | -27.5% | 121.85 |
| 22 May 2026 | Jefferies | Reiterated · Hold | 150.00 → 140.00 | -6.7% | 121.85 |
| 20 May 2026 | Cantor Fitzgerald | Reiterated · Overweight | 200.00 → 160.00 | -20.0% | 129.34 |
| 15 May 2026 | BWG Global | Downgraded · Mixed → Negative | — | — | — |
| 12 Mar 2026 | Loop Capital Markets Almas Almaganbetov | — | 280.00 → 210.00 | -25.0% | 137.83 |
| 25 Feb 2026 | Robert W. Baird Mark Marcon | — | 195.00 → 190.00 | -2.6% | 133.29 |
Workday EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Revenue
EPS
Does Workday beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 7.3% off the result, either way, and their revenue estimate 0.7%, over the last 12 quarters.
- EPS beats
- 51 / 56
- Revenue beats
- 39 / 56
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +7.3%
- Since
- November 2012
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 27 Aug 2026 | 2.61 | 2.75 | +5.4% | 2.64B | 2.65B | +0.5% |
| Q1 FY2027 | 21 May 2026 | 2.51 | 2.66 | +6.0% | 2.52B | 2.54B | +1.0% |
| Q4 FY2026 | 24 Feb 2026 | 2.32 | 2.47 | +6.5% | 2.52B | 2.53B | +0.3% |
| Q3 FY2026 | 25 Nov 2025 | 2.17 | 2.32 | +6.9% | 2.42B | 2.43B | +0.6% |
| Q2 FY2026 | 21 Aug 2025 | 2.11 | 2.21 | +4.7% | 2.34B | 2.35B | +0.3% |
| Q1 FY2026 | 22 May 2025 | 2.01 | 2.23 | +10.9% | 2.22B | 2.24B | +1.0% |
| Q4 FY2025 | 26 Feb 2025 | 1.78 | 1.92 | +7.9% | 2.18B | 2.21B | +1.2% |
| Q3 FY2025 | 26 Nov 2024 | 1.76 | 1.89 | +7.4% | 2.14B | 2.16B | +1.0% |
| Q2 FY2025 | 22 Aug 2024 | 1.65 | 1.75 | +6.1% | 2.07B | 2.09B | +0.6% |
| Q1 FY2025 | 23 May 2024 | 1.58 | 1.74 | +10.1% | 1.98B | 1.99B | +0.7% |
| Q4 FY2024 | 26 Feb 2024 | 1.47 | 1.57 | +6.8% | 1.92B | 1.92B | +0.3% |
| Q3 FY2024 | 28 Nov 2023 | 1.41 | 1.53 | +8.5% | 1.85B | 1.87B | +1.0% |
Workday stock price 2027–2029: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
There are no price scenarios for Workday: its P/E has been above 60, or from losses, too often in the last five years to price its earnings at, and similar companies' P/Es put its value too far from its price to stand in. The earnings analysts expect are in the estimates above.
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 64.525 | 127.9762Price 64.53185 | +98.3% | |
| 28.410 | 56.3234Price 28.4196 | +98.2% | |
| 153.725 | 297.58169Price 153.73471 | +93.6% | |
| 243.002 | 464.71205Price 243.00627 | +91.2% | |
| 160.085 | 305.52160Price 160.09396 | +90.8% | |
| 37.565 | 71.4258Price 37.57193 | +90.1% | |
| 160.240 | 300.28225Price 160.24375 | +87.4% |
Furthest below the fair value on each stock's page, updated every day.
