Morgan Stanley has revised its price target for Workday (WDAY, Financial), adjusting it downwards from $275 to $250. Despite this change, the investment firm maintains an Equal Weight rating on the company's shares. This adjustment is part of Morgan Stanley's broader strategy to reassess risk and reward scenarios across a range of software companies. The firm has been closely analyzing tariff risk uncertainties and evaluating how these factors have been reflected in current share prices.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 34 analysts, the average target price for Workday Inc (WDAY, Financial) is $307.18 with a high estimate of $360.00 and a low estimate of $250.00. The average target implies an upside of 31.75% from the current price of $233.15. More detailed estimate data can be found on the Workday Inc (WDAY) Forecast page.
Based on the consensus recommendation from 40 brokerage firms, Workday Inc's (WDAY, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Workday Inc (WDAY, Financial) in one year is $303.01, suggesting a upside of 29.96% from the current price of $233.15. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Workday Inc (WDAY) Summary page.
