Should You Buy Workday Inc (WDAY) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
189.120
1 Day change
0.29%
52 Week Range
283.680
Analysis Updated At
2026/01/26
Workday Inc (WDAY) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has demonstrated solid financial growth and is positioned well for AI adoption, the technical indicators are bearish, and the stock lacks strong positive trading signals. Additionally, the options data suggests a neutral to slightly bullish sentiment, but not enough to warrant immediate action. Given the investor's impatience and unwillingness to wait for optimal entry points, holding off for now is prudent.
Technical Analysis
The technical indicators for WDAY are bearish. The MACD is below zero and negatively contracting, the RSI is neutral at 35.231, and the moving averages are bearish (SMA_200 > SMA_20 > SMA_5). The stock is trading below the key pivot level of 194.922, with support at 183.294 and resistance at 206.55.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
The options data indicates a slightly bullish sentiment with a low option volume put-call ratio (0.26) and a balanced open interest put-call ratio (0.9). However, the implied volatility is high at 47.23%, suggesting elevated risk.
Technical Summary
Sell
9
Buy
3
Positive Catalysts
Strong financial performance in Q3 2026, with revenue up 12.59% YoY and net income up 30.57% YoY.
Positive sentiment around AI adoption and strategic investments in AI-driven innovation.
Analysts note stabilization in enterprise spending and potential AI tailwinds in 2026.
Neutral/Negative Catalysts
Bearish technical indicators and lack of upward momentum.
Mixed analyst ratings with several firms lowering price targets.
Concerns about the durability of growth and conservative guidance for Q4
No recent congress trading data or significant insider/hedge fund activity.
Financial Performance
In Q3 2026, Workday reported revenue of $2.432 billion, up 12.59% YoY. Net income increased by 30.57% YoY to $252 million, and EPS grew by 29.07% YoY to $1.11. Gross margin improved slightly to 75.7%. These figures indicate strong financial growth and operational efficiency.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Analyst sentiment is mixed. RBC Capital and BTIG maintain positive ratings with price targets of $300 and $285, respectively, citing AI adoption and subscription revenue growth. However, firms like UBS and Rosenblatt have neutral ratings with lower price targets, citing concerns about growth deceleration and conservative guidance. The average sentiment leans cautiously optimistic but not overwhelmingly bullish.
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 USD and a high forecast of 325 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
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 USD and a high forecast of 325 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.
22 Buy
9 Hold
0 Sell
Moderate Buy
Current: 188.580
Low
235
Averages
275.19
High
325
Current: 188.580
Low
235
Averages
275.19
High
325
RBC Capital
Outperform
to
NULL
downgrade
$320 -> $300
AI Analysis
2026-01-05
Reason
RBC Capital
Price Target
$320 -> $300
AI Analysis
2026-01-05
downgrade
Outperform
to
NULL
Reason
RBC Capital lowered the firm's price target on Workday to $300 from $320 and keeps an Outperform rating on the shares. 2026 is likely to be a year when AI tailwinds become more evident for companies well positioned for enterprise AI adoption, while less prepared peers may remain pressured by the "AI is the death of software" narrative, the analyst tells investors in a research note. Enterprise spending appears to be stabilizing and improving in select areas, with GenAI driving innovation even as management teams remain conservative in early 2026 guidance, the firm says.
BTIG
initiated
$285
2025-12-16
Reason
BTIG
Price Target
$285
2025-12-16
initiated
Reason
BTIG initiated coverage of Workday with a Buy rating and $285 price target.
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