WallStSmart
WDAY

Workday Inc

NASDAQ: WDAY · TECHNOLOGY · SOFTWARE - APPLICATION

$122.43
+1.03% today

Updated 2026-04-29

Market cap
$31.47B
P/E ratio
47.09
P/S ratio
3.30x
EPS (TTM)
$2.60
Dividend yield
—
52W range
$110 – $276
Volume
5.6M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Workday Inc (WDAY) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$122.43
Consensus
$202.50
+65.40%
2030 Target
$806.79
+558.98%
DCF
$583.98
+75.25% MoS
34 analysts:
10 Buy14 Hold0 Sell

Management guidance

No specific CEO revenue targets disclosed in available data. Management has guided to continued AI-driven growth with new 'Sana' platform launch (March 2026) as major catalyst. Company projects significant revenue and earnings growth through 2029 based on AI adoption, but specific dollar targets not stated in provided materials.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,335.83
$17.6B Rev × 20x P/S
Base case (2030)
$806.79
$17.6B Rev × 12x P/S
Bear case (2030)
$529.04
$17.6B Rev × 8x P/S

Financial forecast — research-backed

Metric2024202520262027 (E)2028 (E)2029 (E)2030 (E)
Revenue$7.3B$8.4B$9.6B$12.1B$13.7B$15.5B$17.6B
Revenue growth—16.4%13.1%11.3%12.8%13.4%13.5%
EPS$5.84$6.76$5.88$12.73$15.20$18.50$21.80
P/S ratio———12.0x12.0x12.0x12.0x
Implied price———$555.49$621.62$700.98$806.79

Catalysts & risks

Growth catalysts
+ Sana AI platform adoption and revenue contribution starting 2026-2027
+ HRScale SMB product (announced April 2026) expanding TAM into mid-market
+ Gartner Magic Quadrant Leader status (consecutive year) driving enterprise deal flow
+ Adobe partnership for AI-powered marketing expanding platform ecosystem
Key risks
- AI disruption concerns causing software sector volatility and estimate cuts (multiple analyst downgrades Feb 2026)
- SaaS-pocalypse narrative pressuring multiples despite solid fundamentals
- Execution risk on AI feature adoption; if customer adoption falls short, margin improvement delayed
- Competitive pressure from Oracle, SAP, and emerging AI-native competitors in HR/Finance
- Macroeconomic sensitivity and discretionary IT budget pressure in recessionary environment

Methodology

Workday Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 34 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.