Workday Inc. (NASDAQ:WDAY) is a leading provider of enterprise cloud applications for finance and human resources, competing with giants like Oracle and SAP. On November 26, 2025, Barclays analyst Raimo Lenschow set a price target of $280 for Workday, suggesting a potential upside of 19.04% from its then trading price of $235.21.
In Q3 2026, Workday reported strong financial results, with subscription revenue reaching $2.244 billion, a 15% increase year-over-year. The company's total revenue grew by 13% to $2.432 billion. A key driver of this growth was the adoption of Workday's AI solutions, which contributed 1.5% to the annual recurring revenue (ARR). Notably, 75% of new sales included an AI component, highlighting the company's focus on integrating advanced technology into its offerings.
Workday's expansion efforts have been successful, with the company securing new customers in sectors like healthcare and the public sector. The acquisition of Paradox has further strengthened Workday's committed revenue performance obligation (CRPO) growth and is expected to enhance its AI capabilities. This strategic move aligns with Workday's goal to expand its market presence and improve its product offerings.
The company also announced the expansion of Workday GO, which now features global payroll and an AI-powered deployment agent. These enhancements are designed to cater to medium enterprises, broadening Workday's customer base. However, some institutions, particularly in higher education, faced challenges due to their reliance on federal grants, which led to isolated impacts.
Currently, Workday's stock is priced at $233.69, reflecting a 3.11% increase or $7.05. The stock has fluctuated between a low of $226.45 and a high of $236.80 today. Over the past year, Workday's stock has reached a high of $294 and a low of $205.33. With a market capitalization of approximately $62.4 billion and a trading volume of 5,314,743 shares, Workday remains a significant player on the NASDAQ exchange.
