Workday Stock To $170?
Workday (WDAY) stock has fallen by 10.8% in less than a month, from $154.56 on 9th Feb, 2026 to $137.84 now. What comes next? We believe there is a good chance of a stock rebound considering history of recovery post-dips and our current Attractive opinion of the stock. Read Buy or Sell Workday Stock to see how we arrive at this opinion.
Dip buying is a viable strategy for quality stocks that have a history of recovering from dips. As it turns out, WDAY stock passes basic quality checks. Historically, the median return for the 12-month period following sharp dips was 23%, with median peak return reaching 41%. We define sharp dip as stock going down 20% or more, in less than 30 day period.
Below, we get into details of historical dips and subsequent returns.
Historical Median Returns Post Dips
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| Period | Past Median Return |
|---|---|
| 1M | -8.2% |
| 3M | 9.4% |
| 6M | 12.8% |
| 12M | 23.1% |
Historical Dip-Wise Details
WDAY had 8 events since 1/1/2010 where the dip threshold of -20% within 30 days was triggered
- 41% median peak return within 1 year of dip event
- 294 days is the median time to peak return after a dip event
- -20% median max drawdown within 1 year of dip event
| 30 Day Dip | WDAY Subsequent Performance | |||||||
|---|---|---|---|---|---|---|---|---|
| Date | WDAY | SPY | 1Y | Peak Return |
Max Drop |
# Days to Peak |
||
| Median | 23% | 41% | -20% | 294 | ||||
| 2032026 | -26% | 2% | -14% | 6% | -20% | 1 | ||
| 5062022 | -21% | -9% | -6% | 8% | -30% | 329 | ||
| 3092020 | -23% | -17% | 72% | 97% | -20% | 340 | ||
| 9092019 | -21% | -1% | 22% | 43% | -33% | 354 | ||
| 10262018 | -20% | -8% | 31% | 86% | 0% | 258 | ||
| 12212016 | -21% | 6% | 52% | 71% | -3% | 338 | ||
| 1192016 | -21% | -8% | 24% | 39% | -26% | 260 | ||
| 4072014 | -22% | 0% | 13% | 22% | -14% | 210 | ||
Workday Passes Basic Financial Quality Checks
Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.
| Quality Metrics | Value | Quality Check |
|---|---|---|
| Revenue Growth (LTM) | 13.2% | Pass |
| Revenue Growth (3-Yr Avg) | 15.8% | Pass |
| Operating Cash Flow Margin (LTM) | 30.0% | Pass |
| Leverage (see below) | – | Pass |
| => Interest Coverage Ratio | 8.5 | |
| => Cash To Interest Expense Ratio | 59.5 |
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