Workday, Inc. (WDAY) Downgraded to Underweight by Morgan Stanley

Market Context

Workday, Inc. operates in the Technology sector. The stock currently trades at $142.81 with a market capitalization of $59.8B. The stock has declined 34.8% over the past 52 weeks.

Analyst downgrades can weigh on a stock in the short term as institutional investors who follow Morgan Stanley's research adjust their positions. However, downgrades also sometimes create buying opportunities if the market overreacts to the rating change. The reasoning behind the downgrade matters more than the rating itself.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Workday, Inc.

Among the 10 most recent ratings: 3 Buy, 5 Hold, 2 Sell.

Date	Firm	Rating	Price Target
Jul 21, 2026	Morgan Stanley	Underweight	N/A
Jul 20, 2026	CLSA	Underperform	N/A
May 26, 2026	Goldman Sachs	Neutral	N/A
May 22, 2026	Citigroup	Neutral	N/A
May 22, 2026	UBS	Neutral	N/A

Related Tools: Analyst Ratings Dashboard | View WDAY Stock Page