Fintel reports that on September 28, 2023, Barclays maintained coverage of Workday Inc - (NASDAQ:WDAY) with a Overweight recommendation.
Analyst Price Forecast Suggests 13.12% Upside
As of August 31, 2023, the average one-year price target for Workday Inc - is 261.09. The forecasts range from a low of 170.69 to a high of $325.50. The average price target represents an increase of 13.12% from its latest reported closing price of 230.81.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Workday Inc - is 7,413MM, an increase of 10.37%. The projected annual non-GAAP EPS is 4.78.
What is the Fund Sentiment?
There are 1652 funds or institutions reporting positions in Workday Inc -. This is an increase of 28 owner(s) or 1.72% in the last quarter. Average portfolio weight of all funds dedicated to WDAY is 0.55%, a decrease of 2.09%. Total shares owned by institutions increased in the last three months by 0.10% to 214,405K shares. 
The put/call ratio of WDAY is 1.44, indicating a bearish outlook.
What are Other Shareholders Doing?
Janus Henderson Group holds 8,157K shares representing 3.11% ownership of the company. In it's prior filing, the firm reported owning 8,856K shares, representing a decrease of 8.58%. The firm decreased its portfolio allocation in WDAY by 6.20% over the last quarter.
Baillie Gifford holds 7,178K shares representing 2.74% ownership of the company. In it's prior filing, the firm reported owning 7,328K shares, representing a decrease of 2.10%. The firm increased its portfolio allocation in WDAY by 0.92% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 6,364K shares representing 2.43% ownership of the company. In it's prior filing, the firm reported owning 6,255K shares, representing an increase of 1.71%. The firm increased its portfolio allocation in WDAY by 2.67% over the last quarter.
Jpmorgan Chase holds 5,135K shares representing 1.96% ownership of the company. In it's prior filing, the firm reported owning 5,952K shares, representing a decrease of 15.91%. The firm increased its portfolio allocation in WDAY by 570.32% over the last quarter.
Sustainable Growth Advisers holds 4,147K shares representing 1.58% ownership of the company. In it's prior filing, the firm reported owning 3,811K shares, representing an increase of 8.09%. The firm increased its portfolio allocation in WDAY by 1.95% over the last quarter.
Workday Background Information
(This description is provided by the company.)
Workday, Inc., is an American on-demand financial management and human capital management software vendor. Workday was founded by David Duffield, founder and former CEO of ERP company PeopleSoft, and former PeopleSoft chief strategist Aneel Bhusri following Oracle's hostile takeover of PeopleSoft in 2005.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
