Evercore ISI Adjusts Price Target on Workday to $215 From $160, Keeps In Line Rating
Evercore ISI raised its price target for Workday to $215 from $160 while maintaining an in-line rating. The company's stock is currently trading at $205.66, up 6.25% on the day and 2.22% year-to-date. UBS noted that Workday's fiscal 2028 growth guidance reflects delayed AI payoff.
How this was made
The 30-second read
Why it matters
The target increase reflects a more optimistic view but lacks fresh company‑specific catalysts.
Market read
Analyst target revisions can influence short‑term trading decisions for the stock.
What to watch
No new earnings or guidance data accompany the upgrade.
Background
Evercore ISI periodically updates price targets based on valuation and visibility metrics.
Ticker impact
Evercore ISI raised Workday's price target to $215 from $160.
Potential modest price increase.
Target raise signals improved outlook, but no new fundamental data.
Market effects
May lift sentiment for enterprise‑software peers.
U.S. tech sector could see slight positive bias.
Limited to investors tracking U.S. software stocks.
Counterpoint
Target raise could be premature without earnings beat.
Key entities
- CompanyWorkday
Enterprise‑software provider (ticker WDAY).
- Research FirmEvercore ISI
Equity research boutique issuing the target change.



