Workday, Inc. (WDAY) Price Target Lowered to $148 at Citi

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Workday, Inc. (NASDAQ:WDAY) is among the 10 Stocks That Could Skyrocket successful 2026.

Workday, Inc. (WDAY) Price Target Lowered to $148 astatine  Citi

Workday, Inc. (WDAY) Price Target Lowered to $148 astatine Citi

On February 26, Citi lowered the firm’s terms people connected Workday, Inc. (NASDAQ:WDAY) to $148 from $247 portion maintaining a Neutral rating. The time prior, Morgan Stanley reduced its terms people to $185 from $200 and reiterated an Equal Weight rating, noting that capitalist absorption connected near-term borderline pressures and the extended timeline for realizing AI-driven returns whitethorn support shares range-bound successful the adjacent term.

On February 24, Workday, Inc. (NASDAQ:WDAY) reported fourth-quarter results, generating $2.53 cardinal successful gross and $2.47 successful adjusted net per share, exceeding expert expectations. However, fiscal first-quarter guidance of $2.335 cardinal successful subscription gross and a 30.5% adjusted operating borderline fell beneath statement estimates, reflecting ongoing concern successful artificial quality initiatives. Earlier successful the month, BTIG reduced its terms people to $230 from $285 portion maintaining a Buy rating, citing elevated concern requirements tied to Workday’s AI strategy. While near-term borderline enlargement whitethorn beryllium tempered by these investments, the company’s continued gross maturation and merchandise innovation suggest a deliberate effort to fortify its competitory positioning successful cloud-based endeavor software.

Workday, Inc. (NASDAQ:WDAY), founded successful 2005 and headquartered successful Pleasanton, California, provides cloud-based fiscal management, quality superior management, and pupil accusation systems. Its beardown endeavor lawsuit base, recurring subscription gross model, and strategical AI investments presumption it to seizure semipermanent integer translation spending, supporting a balanced yet growth-oriented concern outlook.

While we admit the imaginable of WDAY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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