Workday, Inc. (WDAY) shares fell 3.8% to $198.68 as of August 15, 2026, a moderate decline from the prior close of $206.45. BestStocks flagged the session as a major change for WDAY. The move is tied to price move up. Below, we break down what changed for WDAY, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
WDAY fell 3.8% to $198.68
WDAY fell 3.8% in its latest session, moving from $206.45 to $198.68.
Material / EarningsLow confidence
Rel. volume
1.6×
Above Avg
Vs peers
—
No comparable peers
Market cap
$52.0B
NASDAQ Global Select
Analyst target
$179
-9.9% vs price
Price chart
Jul 15 – Aug 14
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Workday, Inc. investors
For Workday, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Workday, Inc. (WDAY) moved +2.55% from $141.82 to $145.43 on 2026-07-16, reaching a new 30-day high; Positive price momentum. Weighing against that: Material negative event; Negative session, down 3.8%. Wall Street's consensus price target sits at $178.95, implying -9.9% downside from $198.68. Over the past 90 days analysts logged 0 upgrades and 1 downgrade. BestStocks rates the overall signal quality low (57/100). With earnings roughly 12 days out, the next report is the most likely near-term test of the move.
WDAY price reaction
WDAY last traded at $198.68, down $7.77 (-3.76%) from the previous close of $206.45. The session traded on 1.6× average volume (above avg), so the move carried above-average conviction. Over the past month the stock has ranged between $127.87 and $206.45, and it currently sits about 90% of the way up that band.
Bullish and bearish analyst opinions on Workday, Inc. (WDAY)
The consensus analyst price target on Workday, Inc. (WDAY) is $178.95, 9.9% below the recent $198.68. Over the past 90 days analysts logged 0 upgrades, 11 maintains, and 1 downgrade. Here is how the bullish and bearish cases on WDAY line up.
▲ The bullish case
+The Street's most bullish target is $275.00 (+38.4%).
+Workday, Inc. (WDAY) moved +2.55% from $141.82 to $145.43 on 2026-07-16, reaching a new 30-day high.
+Positive price momentum.
▼ The bearish case
−The consensus analyst price target of $178.95 sits 9.9% below the recent $198.68, so the average target sees limited room to run.
−The most bearish analyst target is $135.00 (-32.1%).
−1 analyst downgrade in the past 90 days, most recently Morgan Stanley to Underweight (2026-07-21).
−Material negative event.
−Negative session, down 3.8%.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Aug 15, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Analyst expectations
Consensus target: $179-9.9%
= 11 maintains↓ 1 downgrades
Morgan Stanley downgraded to Underweight · 2026-07-21
Workday, Inc. (WDAY) moved -4.41% from $207.85 to $198.68 on 2026-08-14. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average at 1.2x, indicating the move occurred on ordinary trading activity.
Material / Earnings2026-08-10+2.5%
Workday, Inc. (WDAY) moved +4.21% from $176.75 to $184.19 on August 10, 2026. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with a new 30-day high and modestly elevated volume (1.3x the 5-day average), suggesting technical momentum rather than event-driven activity.
Material / Earnings2026-08-07+5.5%
Workday, Inc. (WDAY) moved +3.06% from $174.30 to $179.64 on 2026-08-07. We checked news, earnings announcements, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move coincides with WDAY reaching a new 30-day high, though volume remained near its 5-day average.
Material / Earnings2026-08-06-0.2%
WDAY moved +3.99% from its $163.71 open to a $170.24 close on 2026-08-06.
Material / Earnings2026-08-04+3.8%
Workday, Inc. (WDAY) moved +5.12% from $162.93 to $171.28 on August 4, 2026, reaching a new 30-day high. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move occurred on volume near the 5-day average.
Material / Earnings2026-07-31+1.4%
Workday, Inc. (WDAY) moved +3.13% from $155.48 to $160.34 on 2026-07-31. We checked news, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, indicating the move occurred on typical trading activity.
Material / Earnings2026-07-29+5.2%
Workday, Inc. (WDAY) moved +5.01% from $159.99 to $168.01 on 2026-07-29, reaching a new 30-day high on modestly elevated volume (1.3x the 5-day average). We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
Material / Earnings2026-07-28+8.2%
Workday, Inc. (WDAY) moved +5.59% from $151.24 to $159.69 on 2026-07-28, reaching a new 30-day high on modestly elevated volume (1.6x the 5-day average). We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
In-depth WDAY event analyses
Permanent, dated analyses of WDAY's most significant sessions.
WDAY fell 3.8% to $198.68. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did WDAY stock fall?
WDAY lost 3.76% ($7.77) versus the prior close of $206.45, last trading at $198.68 on 1.6× average volume.
When is Workday, Inc.'s next earnings date?
WDAY's next earnings report is estimated for 2026-08-27 — about 12 days away.
What is the analyst price target for WDAY?
The consensus analyst price target for WDAY is $178.95, about 9.9% below the current $198.68. Over the past 90 days, analysts recorded 0 upgrades, 11 maintains, and 1 downgrade.
How BestStocks tracks WDAY
This page is generated automatically by BestStocks' change-detection system after price move up was detected and verified against independent data sources. It draws on 20 tracked change events for WDAY, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 15, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
