Workday, Inc. (NASDAQ:WDAY) is featured as one of the AI Stocks Making Big Moves on Wall Street. BofA Securities Analyst Brad Sills reiterated a Buy rating and $265.00 price target following Workday’s analyst day at the Workday Rising user conference. The firm highlighted Workday’s acquisition of Sana for $1.1 billion, new partnership with Microsoft, and flex credit pricing model for Illuminate.

BofA is positive about Workday’s updated growth and margin targets, anticipating fast-paced, higher quality free cash flow. The company set a more achievable growth target of 12% to 15% and demonstrated better operating leverage with a 35% FY28 margin target. Stock-based compensation is expected to decrease to 13%-14% of revenue in FY28, down from 15%.

Workday, Inc. (NASDAQ:WDAY) provides enterprise cloud applications. While the company has potential as an investment, some AI stocks may offer greater upside potential with less downside risk. Investors seeking an undervalued AI stock benefiting from tariffs and onshoring trends can explore a free report on the best short-term AI stock.

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Read more at Yahoo Finance: BofA Reaffirms Buy on Workday (WDAY), Maintains $265 Price Target After Analyst Day