WDAY Price Prediction Next Week
Based on the provided data and upcoming earnings report, here's the analysis and prediction for WDAY's stock price next week:
Technical Analysis
- Current price: $256.39 (as of Feb 21, 2025)
- RSI (14) at 45.06 indicates neutral territory but slightly oversold
- MACD shows bearish divergence with MACD at 0.14 and MACDH at -0.94
- Price is trading below all key SMAs (5,10,20-day), suggesting short-term bearish momentum
- Bollinger Bands (20,3) show:
- Upper: $282.11
- Middle: $263.98
- Lower: $245.85
- Current price near lower band indicates potential support level
Fundamental Catalysts
- Earnings release scheduled for February 25th after market close
- Analysts expect:
- Revenue: $2.23 billion
- EPS: $1.81 per share
- Insider trading activity shows concerning pattern with 153 sales and 0 purchases in past 6 months
- Mixed institutional sentiment with 594 institutions adding shares vs 513 reducing positions
Price Targets for Next Week
Bearish Scenario ($245-250):
- Disappointing earnings guidance
- Break below current support at $255
- Probability: 60%
Neutral Scenario ($255-265):
- In-line earnings
- Consolidation within recent range
- Probability: 30%
Bullish Scenario ($270-280):
- Strong earnings beat
- Positive guidance
- Probability: 10%
Trading Recommendation SELL with target price of $245. Key reasons:
- Negative technical indicators
- Heavy insider selling
- High expectations for earnings create downside risk
- Morgan Stanley's recent downgrade citing concerns about investments not driving growth
- Support level at $245.85 (lower Bollinger Band)
Set stop loss at $270 to manage risk if earnings surprise positively.
WDAY Similar Chart Price Prediction
The price of WDAY is predicted to go up 14.26%, based on the high correlation periods with COKE. The similarity of these two price pattern on the periods is 93.85%.
WDAY
COKE
Up: 14.26%Similarity: 93.85%
WDAY Revenue Forecast
WDAY EPS Forecast
WDAY FAQs
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WDAY VS S&P500
Workday's planning and analytics solutions should take off after covid-19 has enterprises placing more importance on top-down planning. This should drive further customer and ACV growth, and thus revenue growth.
Quicker expansion into markets outside of North America should allow for more operating leverage than previously expected.
Increasing attach rates among Workday's offerings, such as its core HCM software and its emerging financials business, should allow Workday to exert further pricing power, driving revenue growth.
WDAY Analyst's Forecast
Kash Rangan
Goldman Sachs
Strong Buy
2025-02-26
Price Target
$310 → $345
Upside
+27.26%
Goldman Sachs raised the firm's price target on Workday to $345 from $310 and keeps a Buy rating on the shares. Workday reported "solid" Q4 results, reflective of the preannouncement for in-line to above guidance, and reiterated FY26 revenue guidance with backlog validating second half revenue re-acceleration, the analyst tells investors in a research note. The firm is encouraged by Workday's pace of AI innovation and potential for agent-specific pricing leverage, and believes that with the help of AI tools, the company should be able to retain their base and drive increased monetization.
David Hynes
Canaccord Genuity
Strong Buy
2025-02-26
Price Target
$300 → $330
Upside
+21.73%
Rishi Jaluria
RBC Capital
Buy
2025-02-26
Price Target
$320 → $340
Upside
+25.42%
