Workday (NASDAQ:WDAY) Price Target Raised to $145.00 at Piper Sandler

Posted by Brenda Bartman on May 22nd, 2026

Workday (NASDAQ:WDAY – Get Free Report) had its price objective upped by investment analysts at Piper Sandler from $135.00 to $145.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the software maker’s stock. Piper Sandler’s price objective indicates a potential upside of 19.00% from the company’s current price.

Several other equities research analysts have also commented on WDAY. Morgan Stanley lowered their price target on shares of Workday from $280.00 to $200.00 and set an “equal weight” rating on the stock in a report on Monday, February 23rd. DA Davidson lowered their price target on shares of Workday from $250.00 to $125.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. JPMorgan Chase & Co. lowered their price target on shares of Workday from $270.00 to $230.00 and set an “overweight” rating on the stock in a report on Tuesday, February 24th. Guggenheim lowered their price target on shares of Workday from $285.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Workday in a report on Monday, February 9th. Twenty analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $193.69.

Get Our Latest Analysis on WDAY

Workday Price Performance

Shares of WDAY opened at $121.85 on Friday. The firm has a market capitalization of $31.32 billion, a PE ratio of 47.23, a price-to-earnings-growth ratio of 1.23 and a beta of 1.04. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.32 and a quick ratio of 1.32. Workday has a 1-year low of $110.36 and a 1-year high of $273.80. The company’s fifty day moving average price is $126.10 and its 200-day moving average price is $169.57.

Workday (NASDAQ:WDAY – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The software maker reported $2.66 earnings per share for the quarter, beating analysts’ consensus estimates of $2.49 by $0.17. Workday had a net margin of 7.26% and a return on equity of 13.37%. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the company earned $2.23 earnings per share. The business’s quarterly revenue was up 13.5% compared to the same quarter last year. On average, equities research analysts predict that Workday will post 5.11 EPS for the current year.

Insider Transactions at Workday

In other Workday news, insider Gerrit S. Kazmaier sold 9,356 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $128.39, for a total value of $1,201,216.84. Following the completion of the transaction, the insider owned 165,074 shares in the company, valued at approximately $21,193,850.86. This represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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. Also, major shareholder David A. Duffield sold 107,500 shares of the company’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $129.76, for a total transaction of $13,949,200.00. Following the completion of the transaction, the insider owned 105,049 shares of the company’s stock, valued at approximately $13,631,158.24. This trade represents a 50.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 989,814 shares of company stock valued at $131,576,291. Insiders own 18.64% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WDAY. Auto Owners Insurance Co raised its position in shares of Workday by 25,412.8% in the fourth quarter. Auto Owners Insurance Co now owns 10,230,616 shares of the software maker’s stock worth $2,197,332,000 after acquiring an additional 10,190,516 shares during the period. Vanguard Group Inc. raised its position in shares of Workday by 14.7% in the fourth quarter. Vanguard Group Inc. now owns 25,009,288 shares of the software maker’s stock worth $5,371,495,000 after acquiring an additional 3,210,232 shares during the period. Janus Henderson Group PLC raised its position in shares of Workday by 101.4% in the fourth quarter. Janus Henderson Group PLC now owns 5,017,905 shares of the software maker’s stock worth $1,077,537,000 after acquiring an additional 2,525,821 shares during the period. First Eagle Investment Management LLC acquired a new position in shares of Workday during the 3rd quarter worth about $556,252,000. Finally, Norges Bank acquired a new position in shares of Workday during the 4th quarter worth about $448,804,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

More Workday News

Here are the key news stories impacting Workday this week:

Positive Sentiment: Workday delivered a clear Q1 beat on earnings and revenue, which is helping drive the stock higher. Workday shares jump as AI demand eases investor concerns
Positive Sentiment: The company highlighted strong AI momentum, including new agentic AI offerings such as Sana for ITSM and a travel agent, suggesting a path to better monetization and customer adoption. Workday Announces Sana for IT Service Management and New Travel Agent
Positive Sentiment: Management also raised its margin outlook, and analysts such as William Blair reiterated bullish views, reinforcing confidence that the business can expand profits while growing. Workday: Buy Rating Reaffirmed on Strong Q1 Beat, Rapid AI Monetization, Margin Upgrade and Attractive Valuation
Neutral Sentiment: Aneel Bhusri returned as CEO during the quarter, a leadership change that may help execution, but investors will still want to see sustained progress in coming quarters.
Negative Sentiment: Some pre-earnings commentary had flagged execution risk, slower growth trends, and concerns about AI rivals, so the rally may depend on Workday proving this quarter is the start of a stronger trend rather than a one-time beat. Workday execution risk flagged by Jefferies ahead of quarterly earnings

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.