Market Reaction to Fed Chair's Speech: Wall Street indexes surged following Jerome Powell's speech at the Jackson Hole Symposium, indicating a potential interest-rate cut in September.
Increased Rate Cut Expectations: Traders raised their bets on a rate cut to nearly 90% after Powell's remarks, up from about 75%.
Stock Performance Highlights: The Dow Jones rose over 900 points to an all-time high, while the S&P 500 and Nasdaq also saw significant gains, with ten of eleven S&P sectors trading higher.
Corporate Earnings and Economic Optimism: Positive earnings reports and expectations of easing trade tensions contributed to the market rebound, with UBS raising its year-end target for the S&P 500.
WDAY
$214.9+Infinity%1D
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
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.
21 Buy
7 Hold
0 Sell
Strong Buy
Current: 224.490
Low
235.00
Averages
282.12
High
340.00
Current: 224.490
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."
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.
