Rosenblatt Securities analyst Yun Kim maintained a Sell rating on Workday (NASDAQ:WDAY) Inc on Wednesday, setting a price target of $110, which is approximately 34.58% below the present share price of $168.15.
Kim expects Workday Inc to post earnings per share (EPS) of -$0.56 for the second quarter of 2020.
The current consensus among 24 TipRanks analysts is for a Moderate Buy rating of shares in Workday, with an average price target of $180.3.
The analysts price targets range from a high of $260 to a low of $110.
In its latest earnings report, released on 01/31/2020, the company reported a quarterly revenue of $976.3 million and a net profit of -$146.1 million. The company's market cap is $39.22 billion.
According to TipRanks.com, Rosenblatt Securities analyst Yun Kim is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.2% and a 66.67% 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.