Workday (NASDAQ:WDAY) Price Target Raised to $202.00 at Monness Crespi & Hardt

Posted by Brian Himes on Aug 10th, 2026

Workday (NASDAQ:WDAY – Get Free Report) had its target price boosted by stock analysts at Monness Crespi & Hardt from $150.00 to $202.00 in a report issued on Monday. The brokerage presently has a “buy” rating on the software maker’s stock. Monness Crespi & Hardt’s target price points to a potential upside of 12.45% from the company’s previous close.

WDAY has been the subject of several other reports. Bank of America initiated coverage on Workday in a research note on Wednesday, May 27th. They set a “neutral” rating and a $140.00 target price for the company. Wells Fargo & Company lifted their price target on Workday from $180.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, May 22nd. Sanford C. Bernstein reissued an “outperform” rating and set a $216.00 price target on shares of Workday in a report on Friday, May 22nd. BMO Capital Markets reaffirmed an “outperform” rating on shares of Workday in a research note on Friday, May 22nd. Finally, Jefferies Financial Group lifted their target price on Workday from $115.00 to $140.00 and gave the company a “hold” rating in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $181.29.

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Workday Stock Performance

WDAY opened at $179.64 on Monday. The stock has a market capitalization of $44.37 billion, a price-to-earnings ratio of 56.14, a P/E/G ratio of 1.91 and a beta of 1.08. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.30. Workday has a twelve month low of $110.36 and a twelve month high of $249.85. The company has a 50-day simple moving average of $140.39 and a 200 day simple moving average of $138.86.

Workday (NASDAQ:WDAY – Get Free Report) last released its earnings results on Thursday, May 21st. The software maker reported $2.66 EPS for the quarter, beating the consensus estimate of $2.51 by $0.15. Workday had a net margin of 8.60% and a return on equity of 14.75%. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period last year, the firm earned $2.23 EPS. The business’s quarterly revenue was up 13.5% compared to the same quarter last year. Analysts predict that Workday will post 5.38 EPS for the current fiscal year.

Insider Activity

In related news, major shareholder David A. Duffield sold 107,500 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $122.04, for a total transaction of $13,119,300.00. Following the sale, the insider owned 105,049 shares in the company, valued at $12,820,179.96. The trade was a 50.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Zane Rowe sold 6,000 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $143.70, for a total value of $862,200.00. Following the sale, the chief financial officer owned 288,460 shares in the company, valued at approximately $41,451,702. This trade represents a 2.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 875,020 shares of company stock worth $113,938,503. Insiders own 18.64% of the company’s stock.

Institutional Investors Weigh In On Workday

Institutional investors have recently added to or reduced their stakes in the business. Rakuten Securities Inc. bought a new stake in shares of Workday in the second quarter worth $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Workday in the third quarter valued at $26,000. DT Investment Partners LLC bought a new position in Workday during the 4th quarter worth $27,000. LRI Investments LLC bought a new position in Workday during the 4th quarter worth $29,000. Finally, JPL Wealth Management LLC acquired a new position in Workday during the 3rd quarter worth about $30,000. 89.81% of the stock is owned by institutional investors.

Workday Company Profile

(Get Free Report)

Workday, Inc (NASDAQ: WDAY) is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday’s platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company’s product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.