10 Stocks That Could Skyrocket in 2026

6. Workday, Inc. (NASDAQ:WDAY)

Upside potential: 39.40%

On February 26, Citi lowered the firm’s price target on Workday, Inc. (NASDAQ:WDAY) to $148 from $247 while maintaining a Neutral rating. The day prior, Morgan Stanley reduced its price target to $185 from $200 and reiterated an Equal Weight rating, noting that investor focus on near-term margin pressures and the extended timeline for realizing AI-driven returns may keep shares range-bound in the near term.

On February 24, Workday, Inc. (NASDAQ:WDAY) reported fourth-quarter results, generating $2.53 billion in revenue and $2.47 in adjusted earnings per share, exceeding analyst expectations. However, fiscal first-quarter guidance of $2.335 billion in subscription revenue and a 30.5% adjusted operating margin fell below consensus estimates, reflecting ongoing investment in artificial intelligence initiatives. Earlier in the month, BTIG reduced its price target to $230 from $285 while maintaining a Buy rating, citing elevated investment requirements tied to Workday’s AI strategy. While near-term margin expansion may be tempered by these investments, the company’s continued revenue growth and product innovation suggest a deliberate effort to strengthen its competitive positioning in cloud-based enterprise software.

Workday, Inc. (NASDAQ:WDAY), founded in 2005 and headquartered in Pleasanton, California, provides cloud-based financial management, human capital management, and student information systems. Its strong enterprise client base, recurring subscription revenue model, and strategic AI investments position it to capture long-term digital transformation spending, supporting a balanced yet growth-oriented investment outlook.