NASDAQ: WDAY

Workday (WDAY) Stock Analysis & Forecast

Workday, Inc. Technology services sector, information technology services industry. Market cap $50.78B.

$193.87−5.41 (−2.7%)

Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.

Gekko Brief

AI summary

Workday trades at $193.87, down 2.7% on the day, with the close sitting above both the 50-day average of $176.09 and the 200-day average of $158.74. The GekkoIndex reads 55.9, placing the stock in the Neutral zone. Price sits 15.8% above Gekko Fair Value of $167.41, a gap the checklist flags as a headwind.

This week's news centers on Workday's expanding AI platform and industry recognition, with the company named a Leader in the 2026 Gartner Magic Quadrant for Workforce Management Technology for its unified AI platform across HR, finance, and IT. A partnership news item notes OneSource Virtual's payroll and tax services becoming available through Workday Direct Sales. Separately, Workday shares rose alongside Adobe even as broader AI stocks declined, following calls to slow frontier AI development, a shift framed as potentially favorable for established software platforms integrating AI as a feature. A shareholder rights investigation announcement from a law firm also circulated.

Workday's next earnings date is 24 November 2026, after the close, 65 days out and beyond a typical 20-trading-day window; the last report on 27 August showed EPS of $2.75 against a $2.61 estimate, with a 7.3% reaction. Over the last 90 days, Congress recorded 2 buys and 0 sells, while the last 30 days show 2 unusual options signals, with put premium of $5,326,652 exceeding call premium of $1,371,525. Seasonality over the next 20 trading days has averaged -3% across 5 years, rising in 2 of them, a pattern worth noting.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $193.87200-day averageGekko Fair Value $167.41

Key stats

Market cap
$50.78B
P/E ratio
40.5
Forward P/E
17.3
EPS, TTM
$4.92
Revenue, TTM
$10.16B
Profit margin
12.3%
Dividend yield
Beta
1.08
Volume
7.80M avg 3.69M
1-year return
−17.5%
Typical daily move
±4.2%
Typical 20-day move
±6.8%
50-day average
$176.09
200-day average
$158.74
Next earnings
Nov 24 after close
Shares outstanding
196.0M
52-week range
$110.36$249.85

Workday swing-trade checklist

Workday scores 2 supportive, 2 mixed and 2 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive2 mixed2 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $193.87 is above the 50-day ($176.09) and 200-day ($158.74) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    55.9, Neutral

    Reading 55.9 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    15.8% above

    Price is 15.8% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneymixed

    Mixed

    Last 90 days: Congress 2 buys / 0 sales. Last 30 days: 2 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 65 days

    Next report Nov 24, 2026, 65 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −3.0% on average

    From this point in the calendar, the next 20 trading days averaged −3% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Workday stock chart and price history

Workday closed at $193.87 on Sep 18, 2026, −17.5% over the past year, inside a 52-week range of $110.36 to $249.85.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−2.3%
3 months
+65.8%
6 months
+45.4%
1 year
−17.5%
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About Workday

Workday provides cloud-based software that helps organizations plan, run, and review their business operations, with tools that also connect to other systems companies already use. It is widely recognized for its finance and human resources applications, which cover everything from general ledger accounting and financial close processes to hiring, payroll, and employee development. The company also offers spend management tools for handling supplier relationships and sourcing, along with planning applications and analytics that use machine learning to interpret data and benchmark performance.

Its customer base spans a wide range of areas, including professional services, financial services, healthcare, education, government, technology, media, retail, and hospitality. This breadth reflects how its financial management, human capital management, spend management, and analytics offerings are applied across very different kinds of organizations.

Workday was incorporated in 2005, initially under a different name before taking on its current one later that year, and it is headquartered in Pleasanton, California. Its shares are listed on the NASDAQ under the ticker WDAY.

Listed
NASDAQ
Sector
Technology services
Industry
Information technology services
Website
workday.com

Workday GekkoIndex: the smart money zone

Workday’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 55.9, in the Neutral zone, down 1.9 points over five sessions.

010055.9Neutral

Down 1.9 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying55−0.1%−3.0%−5.1%−9.0%
Accumulation278+0.2%+0.5%−0.5%−1.6%
Neutral (current zone)286−0.2%−0.1%+0.6%−1.6%
Distribution34−2.8%−4.0%−5.9%−8.9%
Selling9Too few readings yet

Average WDAY share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the WDAY price, zone by zone.Track WDAY in Gekko

Is Workday stock overvalued? Gekko Fair Value

Workday trades 15.8% above Gekko Fair Value of $167.41, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Workday shares are worth, recalculated every trading day.

$167.41

Gekko Fair Value, Sep 19, 2026

15.8% Overvalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open WDAY in Gekko

Workday insider and Congress trading

No open-market insider purchases were filed for Workday, and members of Congress disclosed 2 purchases and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for WDAY in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every WDAY insider filing, plotted on the chart in Gekko.Open WDAY in Gekko

Congress trades last 90 days

2trades disclosed: 2 purchases and 0 sales.

MemberTypeAmountDisclosed
Gilbert Cisneros
House, CA, purchase
Purchase$1,001 - $15,000Sep 11
traded Aug 18
Ro Khanna
House, CA, purchase
Purchase$1,001 - $15,000Aug 12
traded Jul 7

From congressional disclosures, which report amounts as ranges.

Buybacks

Workday has been buying back its own shares.

Latest authorization
$4.00B, Aug 27, 2026
Bought back, quarter ended Jul 31, 2026
$1.34B
As a share of market cap
2.63%
Trailing four quarters
$5.23B

From company filings.

Unusual options activity last 30 days

2signals, 20% of the flagged premium in calls.

Latest: Bearish flow on Aug 20, $4.97M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds WDAY.

0added0opened1trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Workday earnings: next date and track record

Workday reports on Nov 24, 2026, after the close (65 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±4.8%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−5.3%Nov ’24+2.1%Feb ’25−11.4%May ’25−2.7%Aug ’25−5.0%Nov ’25+3.0%Feb ’26+1.2%May ’26+7.3%Aug ’26

Last earnings call, Aug 27, 2026 AI summary

What they said
Workday reported a strong Q2 FY27 with AI products generating over $100M in new ACV, representing more than 25% of all new ACV closed. Customer adoption of organic AI agents reached 5,500+, up 35% quarter-over-quarter. Key wins include BMO deploying Workday's self-service agent to 55,000 employees. The company is expanding its platform through acquisitions (Paradox, HiredScore, Eversort) and the Lighthouse/Sana Enterprise program.
Guidance
Management expressed confidence in H2 momentum, noting AI adoption is expected to accelerate and impact the fiscal year 2028 outlook positively. Pipeline building under commercial leadership is expected to drive incremental new business growth.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 27, 2026$2.75
est $2.61
+5.4%$2.65B
est $2.64B
+0.5%+7.3%
May 21, 2026$2.66
est $2.51
+6.0%$2.54B
est $2.52B
+1.0%+1.2%
Feb 24, 2026$2.47
est $2.32
+6.5%$2.53B
est $2.52B
+0.3%+3.0%
Nov 25, 2025$2.32
est $2.17
+6.9%$2.43B
est $2.42B
+0.6%−5.0%
Aug 21, 2025$2.21
est $2.11
+4.7%$2.35B
est $2.34B
+0.3%−2.7%
May 22, 2025$2.23
est $2.01
+10.9%$2.24B
est $2.22B
+1.0%−11.4%
Feb 26, 2025$1.92
est $1.78
+7.9%$2.21B
est $2.18B
+1.2%+2.1%
Nov 26, 2024$1.89
est $1.76
+7.4%$2.16B
est $2.14B
+1.0%−5.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Workday stock forecast and analyst price targets

Analysts’ average 12-month price target for Workday is $208.68, +7.6% from the last close, from 32 firms rating the stock in the last 90 days.

$208.68consensus 12-month target, +7.6% from the last close
Low $92High $275
Buy15
Hold15
Sell2

Each firm’s latest rating in the last 90 days: 32 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 14BernsteinBuy, maintained$238+22.8%
Sep 8BernsteinBuy, reiterated$238+22.8%
Sep 8CitiHold, maintained$201+3.7%
Sep 1J.P. MorganBuy, maintained$225+16.1%
Aug 31Goldman SachsHold, maintained$164−15.4%
+0.6%average 20-day move after past Neutral readings
−3.0%average move over the next 20 trading days in the last 5 years
±4.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Workday seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Workday averaged −3.0% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+2.1%2021−3.9%2022−10.3%2023−1.7%2024+0.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.7%1 of 5
Next 10 trading days−5.0%1 of 5
Next 15 trading days−4.4%0 of 5
Next 20 trading days−3.0%2 of 5
Next 30 trading days−1.2%3 of 5

For scale, WDAY’s typical 20-trading-day move in either direction is about 6.8%.

Workday market cap and key statistics

Workday’s market cap is $50.78B, with a P/E ratio of 40.5 and revenue of $10.16B over the last twelve months.

Valuation

Market cap
$50.78B
P/E ratio
40.5
Forward P/E
17.3
EPS, TTM
$4.92
Gekko Fair Value
$167.41

Trading

Volume
7.80M
Avg volume, 20 days
3.69M
52-week high
$249.85
52-week low
$110.36
Shares outstanding
196.0M

Financials

Revenue, TTM
$10.16B
Profit margin
12.3%
Return on equity
16%
Quarterly earnings growth, YoY
+206.0%

Risk and income

Beta
1.08
Typical daily move
±4.2%
Typical 20-day move
±6.8%

Workday peers

Workday’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
IBMInternational Business Machines−3.5%Accumulation15.8% below
FTNTFortinet−1.5%Neutral29.1% above
NETCloudflare−4.3%Neutral14.0% above
ACNAccenture−3.9%Neutral5.3% below
CRDOCredo Technology+2.8%Accumulation26.9% below
HPQHP−1.0%Neutral9.3% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Workday stock FAQ

What is Workday’s market cap?

Workday’s market cap is $50.78B at the Sep 18, 2026 close of $193.87, with 196.0M shares outstanding. The shares trade on a P/E ratio of 40.5.

What is the Workday stock forecast?

The consensus analyst 12-month price target for Workday is $208.68, +7.6% from the last close. Of the 32 firms that rated the stock in the last 90 days, 15 rate it a buy, 15 a hold and 2 a sell. Gekko doesn’t publish price predictions of its own.

Is Workday stock overvalued or undervalued?

On Gekko’s estimate Workday is overvalued: the Sep 18, 2026 close of $193.87 is 15.8% above Gekko Fair Value of $167.41. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Workday report earnings next?

Workday is expected to report on Nov 24, 2026, after the market closes (65 days away). Analysts expect earnings of $2.74 per share on revenue of $2.69B. Workday beat the earnings estimate in 8 of its last 8 reports, moving 4.8% on average across the report.

What is Workday’s 52-week high and low?

Workday’s 52-week high is $249.85 and its 52-week low is $110.36; it closed at $193.87 on Sep 18, 2026, −17.5% over the past year.

Is Workday stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 6 items with data read as supportive (trend and earnings risk), 2 as mixed (gekkoindex and smart money) and 2 as headwinds (fair value and seasonality). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Workday?

Gekko flagged 2 unusual options signals in Workday over the last 30 days, with $1.37M of flagged premium in calls and $5.33M in puts. The latest, bearish flow, was on Aug 20, 2026 with $4.97M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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