On Nov 27, major Wall Street analysts update their ratings for $Workday (WDAY.US)$, with price targets ranging from $270 to $340.
Morgan Stanley analyst Keith Weiss maintains with a buy rating, and adjusts the target price from $315 to $330.
BofA Securities analyst Bradley Sills maintains with a buy rating, and adjusts the target price from $310 to $285.
Barclays analyst Raimo Lenschow maintains with a buy rating, and adjusts the target price from $314 to $305.
Wells Fargo analyst Michael Turrin maintains with a buy rating, and maintains the target price at $300.
TD Cowen analyst Derrick Wood maintains with a buy rating, and maintains the target price at $290.
Furthermore, according to the comprehensive report, the opinions of $Workday (WDAY.US)$'s main analysts recently are as follows:
After adjusting their medium term outlook from an anticipated 15% for FY26/FY27 to a 14% subscription revenue growth for FY26, Workday management may face a decline in investor confidence, reinforcing the bear case. Despite this, the fundamental strength and the potential for upselling a more diverse set of solutions remains undervalued, according to analysis.
Workday's Q4 and FY26 outlook were described as 'disappointing,' yet the variation mainly stems from some one-time items. Excluding these, a mid-teens growth and 200 basis points annual margin trajectory remain 'very much intact.' Despite a decreased outlook for FY26, the resilience of the business model is emphasized, suggesting limited downside with the revised growth projections.
The company's third-quarter performance did not majorly influence its market position as both its solid earnings report and slightly weaker guidance roughly balanced each other. The negative market reaction post-report was likely influenced by the lowered outlook. Despite this, it is suggested that the market may be nearing the lowest point in terms of expectations.
Here are the latest investment ratings and price targets for $Workday (WDAY.US)$ from 14 analysts:
Note:
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