Recent Analysts’ Ratings Updates for Workday (WDAY)

Several analysts have recently updated their ratings and price targets for Workday (NASDAQ: WDAY):

• 8/23/2026 – Workday was given a new $225.00 price target by Jefferies Financial Group Inc..
• 8/21/2026 – Workday had its “overweight” rating reaffirmed by Cantor Fitzgerald.
• 8/21/2026 – Workday had its “buy” rating reaffirmed by Guggenheim. They now have a $275.00 price target on the stock.
• 8/20/2026 – Workday had its “hold” rating reaffirmed by TD Cowen.
• 8/19/2026 – Workday had its “overweight” rating reaffirmed by Barclays PLC.
• 8/19/2026 – Workday had its price target raised by Bank of America Corporation from $140.00 to $205.00. They now have a “neutral” rating on the stock.
• 8/17/2026 – Workday was downgraded by BTIG Research from “buy” to “neutral”.
• 8/14/2026 – Workday had its “outperform” rating reaffirmed by BMO Capital Markets.
• 8/14/2026 – Workday had its “overweight” rating reaffirmed by KeyCorp.
• 8/14/2026 – Workday had its “buy” rating reaffirmed by Needham & Company LLC.
• 8/14/2026 – Workday had its price target raised by UBS Group AG from $140.00 to $220.00. They now have a “neutral” rating on the stock.
• 8/14/2026 – Workday was given a new $205.00 price target by Lake Street Capital.
• 8/14/2026 – Workday had its price target raised by Jefferies Financial Group Inc. from $140.00 to $205.00. They now have a “hold” rating on the stock.
• 8/14/2026 – Workday had its “neutral” rating reaffirmed by Piper Sandler. They now have a $145.00 price target on the stock.
• 8/14/2026 – Workday had its price target raised by Robert W. Baird from $190.00 to $215.00. They now have an “outperform” rating on the stock.
• 8/13/2026 – Workday was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 8/12/2026 – Workday had its price target raised by Wells Fargo & Company from $185.00 to $215.00. They now have an “overweight” rating on the stock.
• 8/10/2026 – Workday had its price target raised by Monness Crespi & Hardt from $150.00 to $202.00. They now have a “buy” rating on the stock.
• 8/8/2026 – Workday was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/21/2026 – Workday was downgraded by Morgan Stanley from “equal weight” to “underweight”. They now have a $145.00 price target on the stock, down from $185.00.
• 7/20/2026 – Workday is now covered by CLSA. They set an “underperform” rating and a $92.00 price target on the stock.
• 7/20/2026 – Workday was upgraded by CLSA to “moderate sell”.
• 6/25/2026 – Workday was upgraded by Monness Crespi & Hardt from “neutral” to “buy”. They now have a $150.00 price target on the stock.

Insider Activity at Workday

In other Workday news, CAO Mark S. Garfield sold 918 shares of the company’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $142.19, for a total transaction of $130,530.42. Following the sale, the chief accounting officer owned 73,718 shares of the company’s stock, valued at approximately $10,481,962.42. This represents a 1.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder David A. Duffield sold 107,500 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $136.74, for a total value of $14,699,550.00. Following the sale, the insider directly owned 105,049 shares of the company’s stock, valued at $14,364,400.26. This 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. Insiders sold a total of 875,020 shares of company stock valued at $113,938,503 over the last 90 days. 18.64% of the stock is owned by company insiders.

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.