Workday, Inc. (WDAY) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$128.88
Price Target
$197.90
Target Range
$125.00 — $298.00
Analyst Rating
Buy
Forward P/E12.3x
Trailing P/E50.0x
Forward PEG—
Implied Growth+298.7%
Median Target$195.00
Analyst Spread87.4%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$125
-3.0%
Consensus
$198
+53.6%
Bull Case
$298
+131.2%
WDAY Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Workday, Inc. (WDAY) has a Wall Street consensus price target of $197.90, based on estimates from 80 covering analysts. With the stock currently trading at $128.88, this represents a potential upside of +53.6%. The company has a market capitalization of $33.95B.
Analyst price targets range from a low of $125.00 to a high of $298.00, representing a 87% spread in expectations. The median target of $195.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 45 analysts rating the stock as a Buy or Strong Buy,34 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, WDAY trades at a trailing P/E of 50.0x and forward P/E of 12.3x. Analysts expect EPS to grow +298.7% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+56.0%
Avg Forward P/E17.2x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SAPSAP SE | $200.9B | $172.39 | $391.67 | +127.2% | Buy | 23.5x | 43 |
 ORCLOracle Corporation | $533.2B | $185.45 | $257.19 | +38.7% | Buy | 24.8x | 86 |
 NOWServiceNow, Inc. | $95.3B | $92.01 | $151.52 | +64.7% | Buy | 22.1x | 68 |
 INTUIntuit Inc. | $111.2B | $398.32 | $666.75 | +67.4% | Buy | 17.2x | 43 |
 PAYCPaycom Software, Inc. | $7.4B | $131.68 | $149.36 | +13.4% | Hold | 12.5x | 36 |
 PAYXPaychex, Inc. | $33.3B | $92.85 | $112.14 | +20.8% | Hold | 16.9x | 30 |
 ADSKAutodesk, Inc. | $53.4B | $249.43 | $338.00 | +35.5% | Buy | 20.1x | 51 |
 CNXCConcentrix Corporation | $1.7B | $23.85 | $52.00 | +118.0% | Buy | 2.0x | 9 |
 PCTYPaylocity Holding Corporation | $5.8B | $107.68 | $168.08 | +56.1% | Buy | 13.9x | 41 |
 ADPAutomatic Data Processing, Inc. | $84.8B | $210.60 | $249.00 | +18.2% | Hold | 19.1x | 36 |
Upside Potential Comparison
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Start ComparisonWDAY — Frequently Asked Questions
Quick answers to the most common questions about buying WDAY stock.
What is the WDAY stock price target for 2026?
The consensus Wall Street price target for WDAY is $197.9, representing 53.6% upside from the current price of $128.875. With 80 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is WDAY a buy, sell, or hold?
WDAY has a consensus rating of "Buy" based on 80 Wall Street analysts. The rating breakdown is predominantly bullish, with 45 Buy/Strong Buy ratings. The consensus 12-month price target of $197.9 implies 53.6% upside from current levels.
Is WDAY stock overvalued or undervalued?
With a forward P/E of 12.2861x, WDAY trades at a relatively low valuation. The consensus target of $197.9 implies 53.6% appreciation, suggesting meaningful undervaluation.
How high can WDAY stock go?
The most bullish Wall Street analyst has a price target of $298 for WDAY, while the most conservative target is $125. The consensus of $197.9 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover WDAY stock?
WDAY is heavily covered by Wall Street, with 80 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 45 have Buy ratings, 34 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the WDAY stock forecast?
The 12-month WDAY stock forecast based on 80 Wall Street analysts shows a consensus price target of $197.9, with estimates ranging from $125 (bear case) to $298 (bull case). The median consensus rating is "Buy".
What is WDAY's forward P/E ratio?
WDAY trades at a forward P/E ratio of 12.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 50.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy WDAY stock?
Wall Street analysts are very optimistic on WDAY, with a "Buy" consensus rating and $197.9 price target (53.6% upside). 45 of 80 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do WDAY price targets vary so much?
WDAY analyst price targets range from $125 to $298, a 87% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $197.9 consensus represents the middle ground.