Workday Inc (WDAY)
Workday, Inc. is a leader in enterprise cloud applications for finance and human resources, offering innovative solutions that empower organizations to manage their financial and workforce processes effectively. Headquartered in Pleasanton, California, Workday serves a diverse range of clients across various industries, enabling them to make data-driven decisions and enhance operational efficiency. With a commitment to continuous innovation and customer satisfaction, Workday stands out as a key player in the growing field of cloud-based business applications, making it a compelling investment opportunity for institutional investors.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 89.98% per annum.
- WDAY price at the close of March 13, 2026 was $133.09 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 14.46% per annum.
- WDAY price at the close of March 13, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of WDAY price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: December 8, 2025
End date: March 13, 2026
a = 16.3707
b = -0.0063
s = 0.0579
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0063) – 1
= -89.98%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0579) – 1
= 26.05%
December 8, 2025 calculations
Top border of price channel:
Exp(Y1,190)
= Exp(a + b × X1,190 + 2 × s)
= Exp(a + b × 1,729 + 2 × s)
= Exp(16.3707 + -0.0063 × 1,729 + 2 × 0.0579)
= Exp(5.5897)
= $267.64
Bottom border of price channel:
Exp(Y1,190)
= Exp(a + b × X1,190 – 2 × s)
= Exp(a + b × 1,729 – 2 × s)
= Exp(16.3707 + -0.0063 × 1,729 – 2 × 0.0579)
= Exp(5.3582)
= $212.34
March 13, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(16.3707 + -0.0063 × 1,824 + 2 × 0.0579)
= Exp(4.9909)
= $147.07
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(16.3707 + -0.0063 × 1,824 – 2 × 0.0579)
= Exp(4.7594)
= $116.68
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 89.98% per annum.
- WDAY price at the close of March 13, 2026 was $133.09 and was inside the primary price channel.
Secondary Trend
Start date: February 11, 2026
End date: March 13, 2026
a = 5.7142
b = -0.0004
s = 0.0443
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0004) – 1
= -14.46%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0443) – 1
= 19.37%
February 11, 2026 calculations
Top border of price channel:
Exp(Y1,234)
= Exp(a + b × X1,234 + 2 × s)
= Exp(a + b × 1,794 + 2 × s)
= Exp(5.7142 + -0.0004 × 1,794 + 2 × 0.0443)
= Exp(5.0349)
= $153.69
Bottom border of price channel:
Exp(Y1,234)
= Exp(a + b × X1,234 – 2 × s)
= Exp(a + b × 1,794 – 2 × s)
= Exp(5.7142 + -0.0004 × 1,794 – 2 × 0.0443)
= Exp(4.8579)
= $128.75
March 13, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(5.7142 + -0.0004 × 1,824 + 2 × 0.0443)
= Exp(5.0221)
= $151.73
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(5.7142 + -0.0004 × 1,824 – 2 × 0.0443)
= Exp(4.8451)
= $127.11
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 14.46% per annum.
- WDAY price at the close of March 13, 2026 was inside the secondary price channel.