Workday, Inc. (NASDAQ:WDAY) Stock Analysis and Price Target Update

• Karl Keirstead from UBS set a price target of $250 for Workday, Inc. (NASDAQ:WDAY), indicating a potential increase of about 17%.
• Workday's stock recently experienced a 3.54% decline, underperforming the broader market indices.
• The company is expected to report an EPS of $2.09, a 19.43% increase from the same quarter last year, with anticipated revenue of $2.34 billion, up 12.22% year-over-year.

Workday, Inc. (NASDAQ:WDAY) is a leading provider of enterprise cloud applications for finance and human resources. The company offers solutions that help businesses manage their financial and human capital resources effectively. Workday competes with other major players in the software industry, such as Oracle and SAP, which also provide enterprise resource planning (ERP) solutions.

On August 12, 2025, Karl Keirstead from UBS set a price target of $250 for Workday. At that time, the stock was priced at $213.69, suggesting a potential increase of about 17%. However, the stock recently closed at $220.98, marking a 3.54% decline from the previous session. This drop was more significant than the S&P 500's 0.08% loss and the Dow's 0.51% decline, while the Nasdaq saw a slight increase of 0.35%.

Over the past month, Workday's stock has fallen by 4.62%, underperforming the Computer and Technology sector's gain of 3.95% and the S&P 500's rise of 1.21%. Despite this, investors are eagerly awaiting Workday's upcoming earnings report on August 21, 2025. The company is expected to report earnings per share (EPS) of $2.09, a 19.43% increase from the same quarter last year.

The consensus estimate also anticipates revenue of $2.34 billion, representing a 12.22% increase compared to the previous year's corresponding quarter. Currently, Workday's stock price is $213.69, reflecting a decrease of 3.77% or $8.38. The stock has traded between a low of $211.76 and a high of $223.27 today, with a market capitalization of approximately $57.1 billion.