10 AI Stocks That Are About to Explode

8. Workday, Inc. (NASDAQ:WDAY)

Average Price Target Upside Potential According to Analysts: 43.99%

Number of Hedge Fund Holders: 70

Workday, Inc. (NASDAQ:WDAY) ranks among AI stocks that are about to explode. The stock’s average analyst upside potential of 43.99% supports its inclusion on the list. On May 20, Cantor Fitzgerald cut its price target on Workday, Inc. (NASDAQ:WDAY) from $200 to $160 while keeping its Overweight rating on the stock ahead of the company’s first-quarter fiscal 2027 earnings report.

The research firm pointed out that Workday, Inc. (NASDAQ:WDAY) is down 40% so far this year and is now trading at 12.3 times its fiscal 2027 earnings per share estimate. Cantor Fitzgerald noted that channel checks were neutral to slightly negative. According to the firm, slower growth expectations for fiscal 2026 and fiscal 2027 are being driven more by saturation in the company’s core human capital management market than by concerns over AI disruption.

Cantor Fitzgerald said conversations with partners suggested that AI is affecting budgets for human capital management and financial software in some cases, especially as companies shift their spending priorities. The firm noted that investor expectations remain weak because of concerns about AI disruption and market saturation.

​Workday, Inc. (NASDAQ:WDAY) is a leading American company that provides cloud-based financial management, human capital management, and student information systems. It offers an enterprise AI platform for managing money, people, and agents.

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