Workday Inc. is experiencing a notable rise in its stock price, reflecting positive investor sentiment.
Workday Inc. (NASDAQ:WDAY) is rising today by 1.19%, closing at CA$188.24. This upward movement follows a series of positive developments and strong financial performance, showcasing the company's resilience in a competitive market.
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Workday Inc
WDAY.US
WDAY.US
Workday Inc
WealthAwesomeMarket cap
$44.83B
P/E
37.9x
52W high
$247.40
52W low
$110.36
1W change
-0.28%
Beta
1.07
Analyst Price Targets
Based on 42 analysts covering WDAY · as of Oct 14, 2026
Wall Street analysts forecast WDAY stock price to rise 11.9% over the next 12 months.
Consensus
Buy3.74 / 5.00
Avg. Target
C$208.08
+11.9% Upside
Previously C$208.00 on Oct 9, 2026
Current Price
C$186.02
Last close
Analyst Breakdown (42 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on WDAY's historical volatility
30-Day Vol
37.4%
Annualized
90-Day Vol
59.2%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$222.39
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$197.43 | C$173.51 – C$224.64 |
| 60 trading days | C$209.54 | C$174.56 – C$251.52 |
| 90 trading days | C$222.39 | C$177.82 – C$278.13 |
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.
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Investor takeaway: Investors may find Workday's consistent revenue growth and strategic initiatives appealing as they indicate a strong business foundation and potential for future success.
Workday Reports 12.8% Revenue Growth Year-Over-Year
With total revenues reaching $2.649 billion in the fiscal second quarter, Workday is demonstrating strong financial health amidst a competitive landscape.
Bull case
In its recent fiscal second-quarter results, Workday reported a solid 12.8% year-over-year revenue increase, proving it can grow even in tough conditions. The upcoming Rising 2026 Conference is set to showcase Workday's innovations and customer successes, which could further boost investor confidence.
Bear case
Despite the positive momentum, there are concerns about market volatility and macroeconomic factors that could impact Workday's stock performance. Investors should stay cautious about external pressures that might affect the company's growth trajectory.
Strong Financial Performance
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Workday's fiscal second-quarter results, released on August 27, 2026, revealed total revenues of $2.649 billion, marking a 12.8% increase compared to the previous year. This impressive growth reflects the company's ability to adapt and thrive in a challenging economic environment, which has positively influenced investor confidence.
Upcoming Rising 2026 Conference
Scheduled for October 12-15, 2026, in Las Vegas, the Rising 2026 Conference will feature keynotes from Workday leaders and over 400 sessions, including product demonstrations and customer stories. This event is expected to highlight Workday's innovations and strengthen its market position, further driving interest in the stock.
Strategic Acquisitions and Market Expansion
Workday's recent acquisition of Sana aims to enhance its platform by integrating AI-powered search and learning tools, which could improve employee experiences and operational efficiency. Additionally, the company's expansion into Canada's public sector showcases its commitment to leveraging technology for better HR, finance, and IT solutions.
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