WDAY Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Workday shows strong customer retention and revenue growth, bolstered by recent federal contracts and a bullish options market.




Bearish Case: High implied volatility and recent legal concerns suggest ongoing risks, with potential price drops due to unresolved issues.




Potential Outcomes:

1. AI-driven growth continues amid strong fundamentals (60%).

2. Legal issues create sustained headwinds (30%).

3. Broader market downturn impacts stock (10%).



June 01, 2025


Workday Forecast

WDAY        Workday











Correlated Assets

Assets that tend to move strongly with WDAY



IWP Forecast + Options Trading Strategies   IWP  BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth (0.82)


CRH Forecast + Options Trading Strategies   CRH  CRH Plc (0.81)


HBAN Forecast + Options Trading Strategies   HBAN  Huntington Bancshares (0.81)


KEYS Forecast + Options Trading Strategies   KEYS  Keysight (0.81)


UPST Forecast + Options Trading Strategies   UPST  Upstart (0.79)



Uncorrelated Assets

Assets with little price relationship to WDAY



SAM Forecast + Options Trading Strategies   SAM  Boston Beer Co. (-0.0)


OUST Forecast + Options Trading Strategies   OUST  Ouster (-0.0)


EIX Forecast + Options Trading Strategies   EIX  Edison International (0.0)


HST Forecast + Options Trading Strategies   HST  Host Hotels & Resorts (0.0)


HL Forecast + Options Trading Strategies   HL  Hecla Mining (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against WDAY



TMDX Forecast + Options Trading Strategies   TMDX  Transmedics (-0.49)


PDD Forecast + Options Trading Strategies   PDD  Pinduoduo (-0.5)


MRUS Forecast + Options Trading Strategies   MRUS  Merus (-0.55)


EWW Forecast + Options Trading Strategies   EWW  iShares MSCI Mexico (-0.55)


UDN Forecast + Options Trading Strategies   UDN  Invesco DB US Dollar Index Bearish (-0.61)









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