Highlights

  • DA Davidson revises price objective and maintains hold stance on Workday
  • Multiple brokerages update ratings and targets during recent review cycle
  • Analysts track revenue trends, quarterly earnings, and application portfolio

DA Davidson issued a report on Wednesday lowering its price objective for Workday (NASDAQ:WDAY) from USD 260.00 to USD 250.00. The brokerage kept a hold rating on the software maker. DA Davidson also released its estimate for Q4 2026 earnings at USD 1.10 EPS.

Several firms issued research views around the same period.
Key updates included:

  • Cantor Fitzgerald reaffirmed overweight in a research note.
  • Deutsche Bank Aktiengesellschaft moved its target from USD 330.00 to USD 280.00 and set a buy rating on August 22.
  • Bank of America adjusted its target from USD 295.00 to USD 278.00 and kept a buy rating on August 19.
  • Sanford C. Bernstein revised its price target from USD 304.00 to USD 298.00 with an outperform rating.
  • JPMorgan Chase & Co. shifted its price objective from USD 290.00 to USD 270.00 and assigned an overweight rating.

According to MarketBeat.com, the analyst group currently includes two Strong Buy, twenty-five Buy, and eleven Hold ratings. The average price target sits at USD 282.70 with an overall Moderate Buy consensus.

Earnings Snapshot

Workday released its quarterly results on November 25th. The company reported USD 2.32 EPS, higher than the consensus estimate of USD 2.17. Revenue came in at USD 2.43 billion, slightly above analyst expectations of USD 2.42 billion.

Additional metrics included:

  • Net margin: 6.95%
  • Return on equity: 10.45%
  • Year-over-year EPS: USD 1.89 in the same quarter last year
  • Revenue growth: 12.6% compared with the previous year

Analysts expect Workday to post USD 2.63 EPS for the current fiscal year.

Business Overview

Workday provides enterprise cloud applications in the United States and international markets. Its platforms support planning, execution, analytics, and integration across various business functions.

WDAY last traded at USD 215.34 on November 26 2025.