William Blair analyst Jake Roberge has reiterated their bullish stance on WDAY stock, giving a Buy rating yesterday.
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Jake Roberge has given his Buy rating due to a combination of factors tied to Workday’s fundamentals and valuation. Despite near-term softness from delayed deals and a conservative fiscal 2027 outlook, he views these headwinds as timing-related rather than structural, with management already converting some slipped opportunities and reaffirming longer-term subscription growth ambitions.
At the same time, he highlights Workday’s strategic role as a core system of record for HR and finance as a key lever to capture growing AI-driven demand, underscored by triple-digit growth and over $100 million in new ACV from emerging AI products in the latest quarter. Roberge also argues that the current share price, at roughly 9x his 2026 free cash flow estimate, already discounts execution and margin risks, creating an attractive risk‑reward profile that supports his Outperform recommendation.
According to TipRanks, Roberge is an analyst with an average return of -13.2% and a 30.69% success rate. Roberge covers the Technology sector, focusing on stocks such as Workday, DocuSign, and PagerDuty.
In another report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $195.00 price target.