Workday (WDAY)

• Market cap: $72.5B
• 1 day: 0.43%
• 5 days: 7.43%
• 1 month: 16.71%
• 3 months: 5.08%
• 6 months: -0.12%
• Year to date: 7.68%
• 1 year: 9.84%
• 5 years: 74.69%
• 10 years: 198.48%
• Sector: Technology
• Industry: Software - Application

About: Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions for enterprises. Known for being a cloud-only software provider, Workday was founded in 2005 and is headquartered in Pleasanton, California.

Employees: 20,400

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

60% more first-time investments, than exits

New positions opened: 179 | Existing positions closed: 112

42% more repeat investments, than reductions

Existing positions increased: 467 | Existing positions reduced: 329

14% more capital invested

Capital invested by funds: $44B [Q3] → $50.3B (+$6.28B) [Q4]

6% more funds holding in top 10

Funds holding in top 10: 33 [Q3] → 35 (+2) [Q4]

5.76% more ownership

Funds ownership: 84.98% [Q3] → 90.73% (+5.76%) [Q4]

5% more funds holding

Funds holding: 1,060 [Q3] → 1,108 (+48) [Q4]

34% less call options, than puts

Call options by funds: $890M | Put options by funds: $1.35B

Research analyst outlook

20 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $230 15% downside
• Avg. target: $302 11% upside
• High target: $345 27% upside

20 analyst ratings

• positive: 14 70%
• neutral: 6 30%
• negative: 0 0%

WestPark Capital Curtis Shauger 88% 1-year accuracy 7 / 8 met price target	16% upside $315	Buy Initiated	6 May 2025
Piper Sandler Brent Bracelin 62% 1-year accuracy 80 / 129 met price target	15% downside $230	Neutral Maintained	23 Apr 2025
Wells Fargo Michael Turrin 59% 1-year accuracy 57 / 97 met price target	20% upside $325	Overweight Maintained	22 Apr 2025
Morgan Stanley Keith Weiss 78% 1-year accuracy 29 / 37 met price target	8% downside $250	Equal-Weight Maintained	16 Apr 2025
Mizuho Siti Panigrahi 66% 1-year accuracy 21 / 32 met price target	1% upside $275	Outperform Maintained	15 Apr 2025