Workday (WDAY)

• Market cap: $63.4B
• 1 day: -2.48%
• 5 days: -5.69%
• 1 month: -9.44%
• 3 months: -8.97%
• 6 months: -2.42%
• Year to date: -5.30%
• 1 year: -12.56%
• 5 years: 73.70%
• 10 years: 176.86%
• Sector: Information Technology
• Industry: Computer Processing & Data Preparation

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

57% more first-time investments, than exits

New positions opened: 177 | Existing positions closed: 113

42% more repeat investments, than reductions

Existing positions increased: 465 | Existing positions reduced: 328

14% more capital invested

Capital invested by funds: $44.3B [Q3] → $50.3B (+$6.06B) [Q4]

6% more funds holding in top 10

Funds holding in top 10: 33 [Q3] → 35 (+2) [Q4]

5.33% more ownership

Funds ownership: 85.51% [Q3] → 90.83% (+5.33%) [Q4]

4% more funds holding

Funds holding: 1,059 [Q3] → 1,103 (+44) [Q4]

34% less call options, than puts

Call options by funds: $890M | Put options by funds: $1.35B

Research analyst outlook

19 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $270 13% upside
• Avg. target: $311 30% upside
• High target: $360 51% upside

19 analyst ratings

• positive: 13 68%
• neutral: 6 32%
• negative: 0 0%

Needham Scott Berg 34% 1-year accuracy 55 / 164 met price target	26% upside $300	Buy Reiterated	24 Mar 2025
Scotiabank Allan Verkhovski 42% 1-year accuracy 5 / 12 met price target	28% upside $305	Sector Outperform Maintained	17 Mar 2025
BMO Capital Daniel Jester 54% 1-year accuracy 14 / 26 met price target	32% upside $314	Outperform Maintained	27 Feb 2025
UBS Karl Keirstead 31% 1-year accuracy 5 / 16 met price target	20% upside $285	Neutral Maintained	26 Feb 2025
Goldman Sachs Kash Rangan 41% 1-year accuracy 11 / 27 met price target	45% upside $345	Buy Maintained	26 Feb 2025