Canaccord Genuity analyst David Hynes maintained a Buy rating on Workday (NASDAQ:WDAY) on Friday, setting a price target of $265, which is approximately 5.50% above the present share price of $251.19.
Hynes expects Workday to post earnings per share (EPS) of -$0.10 for the first quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Strong Buy rating of shares in Workday, with an average price target of $289.
The analysts price targets range from a high of $325 to a low of $245.
In its latest earnings report, released on 10/31/2020, the company reported a quarterly revenue of $1.11 billion and a net profit of -$14.08 million. The company's market cap is $60.29 billion.
According to TipRanks.com, Canaccord Genuity analyst David Hynes is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 37.9% and a 79.21% success rate.
Workday, Inc. engages in the development of enterprise cloud applications for finance and human resources. It delivers financial management, human capital management, and analytics applications designed for companies, educational institutions, and government agencies. The company was founded by David A. Duffield and Aneel Bhusri in March 2005 and is headquartered in Pleasanton, CA.