Top Wall Street Forecasters Revamp Workday Price Expectations Ahead Of Q4 Earnings

Workday, Inc. WDAY will release its fourth-quarter financial results, after the closing bell, on Tuesday, Feb. 25, 2025.

Analysts expect the Pleasanton, California-based company to report quarterly earnings at $1.78 per share, up from $1.57 per share in the year-ago period. Workday projects quarterly revenue of $2.18 billion, compared to $1.92 billion a year earlier, according to data from Benzinga Pro.

On Feb. 5, Workday announced plans to cut its workforce by 8.5% to lean further into AI.

Workday shares gained 2.1% to close at $261.81 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Loop Capital analyst Yun Kim maintained a Hold rating and raised the price target from $242 to $260 on Feb. 19, 2025. This analyst has an accuracy rate of 80%.
• Morgan Stanley analyst Keith Weiss downgraded the stock from Overweight to Equal-Weight and cut the price target from $330 to $275 on Feb. 19, 2025. This analyst has an accuracy rate of 76%.
• Needham analyst Scott Berg reiterated a Buy rating with a price target of $300 on Feb. 6, 2025. This analyst has an accuracy rate of 62%.
• Goldman Sachs analyst Kash Rangan maintained a Buy rating and increased the price target from $300 to $310 on Feb. 6, 2025. This analyst has an accuracy rate of 66%.
• Citigroup analyst Steven Enders maintained a Neutral rating and cut the price target from $287 to $270 on Jan. 16, 2025. This analyst has an accuracy rate of 75%.

Considering buying WDAY stock? Here’s what analysts think:

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