Analyst Rating Update on Workday (WDAY)

Workday (WDAY) : 16 brokerage houses believe that Workday (WDAY) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 18 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Workday (WDAY). Zacks Investment Research suggests a Hold with a rank of 3. 3 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 39 Wall Street Analysts endorse the stock as a Buy with a rating of 2.28.

Workday (WDAY) : The highest short term price target forecast on Workday (WDAY) is $99 and the lowest target price is $49. A total of 39 equity analysts are currently covering the company. The average price of all the analysts is $79.15 with a standard deviation of $11.76.

Company shares have received an average consensus rating of Hold for the current week


Workday (NYSE:WDAY): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $79.80 and $79.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $82.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $82.03, notching a gain of 2.04% for the day. The total traded volume was 791,891 . The stock had closed at $80.39 on the previous day.

Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for a range of companies, educational institutions and government agencies. The Companys applications include Workday Financial Management, Workday Human Capital Management (Workday HCM) and Workday Insight Applications. Workday Financial Management is a unified application built on a single, global core with a range of financial capabilities, relevant analytics and metrics, and an auditable process management built to help manage financial processes for global organizations. Workday HCM enables an organization to staff, pay, organize, and develop its global workforce. Workday Insight Applications is a suite of applications that leverage advanced data science and machine learning methodologies to help customers make financial and workforce decisions.

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