Analysts Lift Workday (WDAY) Price Target But Say Growth Is Already Priced In

Workday, Inc. (NASDAQ:WDAY) is one of the AI Stocks on Market Radar. On September 18, DA Davidson analyst Gil Luria raised the price target on the stock to $260.00 (from $225.00) while maintaining a Neutral rating.

The rating affirmation follows DA Davidson’s virtual attendance at Workday’s 2025 Analyst Day featuring new product announcements and financial disclosures.

The firm said that it is “incrementally positive” towards Workday’s opportunity to benefit from Agentic AI adoption. However, since the growth is already priced in, the firm remains Neutral on the stock.

“We reiterate our NEUTRAL rating and raise our price target to $260 after virtually attending Workday’s 2025 Analyst Day where new product announcements and financial disclosures make us incrementally positive towards Workday’s opportunity to benefit from Agentic AI adoption. Workday is making it easier for customers to adopt new agents across the enterprise. AI Agent revenue is growing quickly, though represents a small portion of the base and an expected release date in 2026 limits upside to near term numbers. We view Workday positively but see growth adequately priced in.”

Workday, Inc. (NASDAQ:WDAY) provides enterprise cloud applications.

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