Ghazal Ahmed
1 min read
In This Article:
We recently published a list of 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Workday, Inc. (NASDAQ:WDAY) stands against other AI stocks on Wall Street’s radar.
A group of finance professionals analyzing market trends on their computer screens.
Workday, Inc. (NASDAQ:WDAY) provides enterprise cloud applications. On May 23, DA Davidson raised the firm’s price target on the stock to $250 from $230 and kept a “Neutral” rating on the shares. The rating update follows Workday’s in-line Q1 results and 220bps margin beat. The company is significantly investing in growth. Additionally, it is working harder to become a leader in managing AI agents based on its experience in human capital management.
Overall, WDAY ranks 7th on our list of AI stocks on Wall Street’s radar. While we acknowledge the potential of WDAY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WDAY and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 12 AI Stocks Making Waves on Wall Street Today and 10 AI Stocks on Latest News and Ratings.
Disclosure: None. This article is originally published at Insider Monkey.
