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Do Analysts Expect Workday Inc (WDAY) Stock to Rise After It Is Lower By -7.86% in a Month?

Friday, March 22, 2024 11:31 AM | InvestorsObserver Analysts

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Do Analysts Expect Workday Inc (WDAY) Stock to Rise After It Is Lower By -7.86% in a Month?

Analysts who follow Workday Inc (WDAY) on average expect it to rise 9.64% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns the stock an Analyst Ranking of 52, which means it ranks higher than 52 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 4.3
Wall Street analysts are rating WDAY a Strong Buy today. Find out what this means to you and get the rest of the rankings on WDAY!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Workday Inc Stock Today?

Workday Inc (WDAY) stock is trading at $275.47 as of 11:27 AM on Friday, Mar 22, a drop of -$1.02, or -0.37% from the previous closing price of $276.49. The stock has traded between $274.26 and $276.61 so far today. Volume today is light. So far 208,242 shares have traded compared to average volume of 2,476,805 shares. Click Here to get the full Stock Report for Workday Inc stock.

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