Analysts Predict Workday Stock Could Reach $340-385/Share in Five Years If Not Acquired
Workday's stock price surged by nearly 18% last Thursday following a Reuters report that private equity firm Silver Lake was in talks to take it private. Analysts predict that even without an acquisition, based on an average annual revenue growth of 10% and a free cash flow margin of 30%, Workday's valuation could reach $85 billion to $95 billion over the next five years, equivalent to $340 to $385 per share.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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