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WDAY
Stock ticker:
NASDAQ
AS OF
Sep 23 closing price
Price
$151.24
Change
+$0.75 (+0.50%)
Capitalization
38.72B

WDAY Price Prediction, Workday AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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WDAY Trading results, last 6 months
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Sep 23, 2022

WDAY's Indicator enters downward trend

The Aroon Indicator for WDAY entered a downward trend on September 23, 2022. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 182 similar instances where the Aroon Indicator formed such a pattern. In 138 of the 182 cases the stock moved lower. This puts the odds of a downward move at 76%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for WDAY moved out of overbought territory on August 17, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on September 13, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on WDAY as a result. In of 98 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for WDAY turned negative on September 13, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .

WDAY moved below its 50-day moving average on September 15, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for WDAY crossed bearishly below the 50-day moving average on September 22, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 21 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WDAY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WDAY advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .

WDAY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to slightly better than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. WDAY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.553) is normal, around the industry mean (16.259). WDAY has a moderately high P/E Ratio (1428.571) as compared to the industry average of (155.252). Projected Growth (PEG Ratio) (1.974) is also within normal values, averaging (6.111). Dividend Yield (0.000) settles around the average of (0.034) among similar stocks. P/S Ratio (6.775) is also within normal values, averaging (86.954).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

WDAY is expected to report earnings to rise 1.23% to 84 cents per share on December 01

Workday WDAY Stock Earnings Reports
Q4'22
Est.
$0.84
Q3'22
Beat
by $0.04
Q2'22
Missed
by $0.02
Q1'22
Beat
by $0.07
Q4'21
Beat
by $0.23
The last earnings report on August 25 showed earnings per share of 82 cents, beating the estimate of 79 cents. With 3.05M shares outstanding, the current market capitalization sits at 38.72B.
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Activision Blizzard (NASDAQ:ATVI), Atlassian Corp (NASDAQ:TEAM), Uber Technologies (NYSE:UBER), NetEase (NASDAQ:NTES).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 5.6B. The market cap for tickers in the group ranges from 580 to 1.77T. MSFT holds the highest valuation in this group at 1.77T. The lowest valued company is NANN at 580.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was -5%. For the same Industry, the average monthly price growth was -11%, and the average quarterly price growth was -29%. CLPMF experienced the highest price growth at 717%, while PGY experienced the biggest fall at -74%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was -46%. For the same stocks of the Industry, the average monthly volume growth was 14% and the average quarterly volume growth was -63%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 71
Price Growth Rating: 73
SMR Rating: 68
Profit Risk Rating: 89
Seasonality Score: -6 (-100 ... +100)
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WDAY
Buy/Sell Ratings
 
 
Technical Analysis# Of IndicatorsAvg. Odds
   
   
 
AI
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published General Information

General Information

a provider of software based enterprise business solutions

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Information Technology Services
Address
6110 Stoneridge Mall Road
Phone
+1 925 951-9000
Employees
15200
Web
https://www.workday.com
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WDAY and

Correlation & Price change

A.I.dvisor indicates that over the last year, WDAY has been closely correlated with NOW. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if WDAY jumps, then NOW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WDAY
1D Price
Change %
WDAY100%
+0.50%
NOW - WDAY
77%
Closely correlated
-2.57%
CRM - WDAY
76%
Closely correlated
-2.09%
PAYC - WDAY
75%
Closely correlated
-0.83%
TEAM - WDAY
75%
Closely correlated
-1.42%
MANH - WDAY
73%
Closely correlated
-1.29%
More