TSX closed
Loading markets…

Advertisement

Stocks

Why Workday stock is gaining today

By Wealth Awesome -

Follow live quotes and coverage.

Stocks & ETFs:WDAY.US

Follow WDAY

Photos provided by Pexels

Workday Inc. is experiencing a positive surge in its stock price, reflecting investor optimism amid recent developments.

Workday Inc. (NASDAQ:WDAY) is rising today, with shares up by 1.36% to close at CA$188.68. This uptick comes as the company continues to navigate the evolving landscape of AI and workforce management.

Advertisement

Workday Inc

WDAY.US

Full stock page →

WDAY.US

Workday Inc

Source:WealthAwesomeWealthAwesome
↑ $64.92 (53.29%)
74 day period
$113.04$159.98$206.92Jun 17Aug 11Oct 1

Market cap

$45.01B

P/E

38.3x

52W high

$247.40

52W low

$110.36

1W change

-2.22%

Beta

1.08

Analyst Price Targets

Based on 41 analysts covering WDAY · as of Oct 1, 2026

📈

Wall Street analysts forecast WDAY stock price to rise 11.5% over the next 12 months.

Consensus

Buy

4.05 / 5.00

Avg. Target

C$208.26

+11.5% Upside

Previously C$208.68 on Sep 17, 2026

Current Price

C$186.75

Last close

Analyst Breakdown (41 analysts)

Strong Buy 18
Buy 7
Hold 16
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on WDAY's historical volatility

HistoricalForecast68%95%
C$109.65C$164.13C$218.62C$273.10C$327.59C$382.08TodayJun 17Aug 11Oct 1Nov 13Dec 27Feb 8

30-Day Vol

42.5%

Annualized

90-Day Vol

63.0%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$223.26

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$198.20C$171.18 – C$229.49
60 trading daysC$210.36C$170.98 – C$258.81
90 trading daysC$223.26C$173.21 – C$287.78

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Advertisement

Investor takeaway: Investors are showing renewed confidence in Workday as it adapts to the changing demands of the job market and leverages its AI capabilities.

1.36% Increase

Workday's stock price has seen a 1.36% increase today, reflecting positive market sentiment and potential growth opportunities.

Bull case

The recent Global Workforce Report from Workday shows the company's commitment to adapting job roles in the era of AI. This focus could strengthen its market position and attract more clients looking for innovative HR solutions.

Bear case

Despite today's gains, Workday faces challenges in maintaining growth. Analysts point out that its annual revenue increase of 13.6% over the past two years is slower than that of its competitors in the software sector.

Advertisement

Positive Market Response to AI Developments

Workday's recent Global Workforce Report indicates that business leaders expect AI to boost employee productivity instead of reducing headcount. This outlook could drive more demand for Workday's services as companies aim to utilize AI effectively.

Challenges Ahead for Sustained Growth

While today's gains are promising, analysts remain cautious about Workday's growth path. The company's revenue growth hasn't kept up with industry leaders, and future projections suggest a slowdown in demand, which could affect long-term performance.


Advertisement

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: October 5, 2026
Last Updated: October 5, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26

Sponsored links

Advertisement