Cantor Fitzgerald Begins Coverage on Workday (WDAY) with Overweight Rating and $265 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: Aug 18 20250mins
Workday Stock Coverage: Cantor Fitzgerald has initiated coverage on Workday, Inc. (NASDAQ: WDAY) with an Overweight rating and a price target of $265.00, amidst concerns about slowing growth and macroeconomic uncertainties.
Market Concerns: Despite worries regarding potential AI disruption to Workday's business model, the firm believes that the market is overly pessimistic about the company's prospects.
Investment Potential: The report highlights Workday as a high-quality asset with strong management and competitive positioning, suggesting it is trading at attractive multiples for investors.
Comparison with Other AI Stocks: While acknowledging Workday's potential, the commentary suggests that other AI stocks may offer better upside potential and lower downside risk.
WDAY.O
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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 282.12 USD with a low forecast of 235.00 USD and a high forecast of 340.00 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.
28 Analyst Rating
21 Buy
7 Hold
0 Sell
Strong Buy
Current: 216.620
Low
235.00
Averages
282.12
High
340.00
Current: 216.620
Low
235.00
Averages
282.12
High
340.00
Rosenblatt
Neutral
initiated
$235
2025-12-02
Reason
Rosenblatt
Price Target
$235
2025-12-02
initiated
Neutral
Reason
Rosenblatt initiated coverage of Workday with a Neutral rating and $235 price target. The firm believes the company will continue to see solid growth in its core U.S. human capital management business while driving margins higher. Workday's growth path likely to continue to decelerate, but offset by the increasing earnings power, the analyst tells investors in a research note. Rosenblatt seeks a better entry point into the name.
RBC Capital
Rishi Jaluria
Outperform
to
NULL
downgrade
$340 -> $320
2025-11-26
Reason
RBC Capital
Rishi Jaluria
Price Target
$340 -> $320
2025-11-26
downgrade
Outperform
to
NULL
Reason
RBC Capital analyst Rishi Jaluria lowered the firm's price target on Workday to $320 from $340 and keeps an Outperform rating on the shares. The company reported mixed results with Revenue up 12.6%, Subscription Revenue up 14.5%, and cRPO up 17.7% - all above consensus, the analyst tells investors in a research note. FY26 Subscription Revenue guidance was also raised by more than the beat, but it may have come in below consensus organically while non-GAAP EBIT margin guidance was reiterated, leading shares down 7% after market close, the the firm adds. RBC notes that it remains encouraged by early AI adoption trends and Workday's momentum with the partner network.
UBS
Neutral
downgrade
$250 -> $240
2025-11-26
Reason
UBS
Price Target
$250 -> $240
2025-11-26
downgrade
Neutral
Reason
UBS lowered the firm's price target on Workday to $240 from $250 and keeps a Neutral rating on the shares.
Morgan Stanley
Equal Weight
maintain
$255 -> $280
2025-11-26
Reason
Morgan Stanley
Price Target
$255 -> $280
2025-11-26
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Workday to $280 from $255 and keeps an Equal Weight rating on the shares. Workday printed a "solid" Q3 report, but while an accelerated M&A strategy well leverages core assets and "adds to the AI toolkit," it does little to improve investor sentiment on the durability of growth, says the analyst, who thinks an outsized beat in cRPO "likely gets discounted by investors for being M&A driven."
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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
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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.
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