Workday hits 52-week low amid market weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 02 Jan 26
Source: Coinmarketcap
Workday Inc. experienced a price decline of 5.01%, hitting a 52-week low. This movement occurred as the Nasdaq-100 fell by 0.23% and the S&P 500 decreased by 0.04%, indicating a broader market weakness.
The decline in Workday's stock price is attributed to sector rotation, as investors are shifting their focus away from technology stocks amid the overall market downturn. The broader market conditions have contributed to the stock's performance, reflecting a cautious sentiment among investors.
This price movement may signal a challenging period for Workday, as it navigates through a tough market environment. Investors will be closely monitoring future developments and any potential catalysts that could influence the stock's recovery.
Analyst Views on WDAY
Wall Street analysts forecast WDAY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WDAY is 275.19 USD with a low forecast of 235.00 USD and a high forecast of 325.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
31 Analyst Rating
22 Buy
9 Hold
0 Sell
Moderate Buy
Current: 188.580
Low
235.00
Averages
275.19
High
325.00
Current: 188.580
Low
235.00
Averages
275.19
High
325.00
About WDAY
Workday, Inc. is a provider of an artificial intelligence (AI) platform to help organizations manage their people, money, and agents. The Company provides over 11,000 organizations with cloud solutions powered by AI to help solve business challenges, including supporting and empowering their workforce, managing their finances and spending in an ever-changing environment, and planning for the unexpected. It offers Financial Management, Spend Management, Human Capital Management (HCM), Planning, and Analytics applications. The Company sells its solutions worldwide primarily through direct sales. It also offers professional services, both directly and through its Workday Services Partners, to help customers deploy its solutions. It offers businesses flexible solutions to help them adapt to their industry-specific needs and respond to change. It serves various industries, including professional and business services, financial services, healthcare, education, government, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
