Selected Stock Price Target News — August 28, 2026
Three software companies reported on Thursday evening, and analyst actions followed before Friday’s open. Twenty-four of them are below. Ten landed on Workday ($WDAY) and ten on Elastic ($ESTC). Autodesk ($ADSK) drew four.
Workday Books $2.65 Billion In Quarterly Revenue And Draws The Only Rating Change Of The Twenty-Four
Workday sells cloud software for human resources and finance teams. Payroll, hiring and expense approvals all run through it. Revenue for the quarter ended 31 July was $2.649 billion. The consensus was $2.63 billion. Non-GAAP earnings also came in above, at $2.75 a share against $2.34 expected.
Workday’s Stock Price Target News Today
Scott Berg of Needham kept his Buy and raised his price target from $180 to $230.
Billy Fitzsimmons of Piper Sandler held Neutral and also raised his target, from $145 to $190.
Connor Murphy of Capital One, however, downgraded Workday to Equal-weight from Overweight, at $219.
Seven more desks moved on Workday the same morning. Rishi Jaluria of RBC raised his target from $220 to $240. Mark Moerdler of Bernstein raised his from $216 to $238. Daniel Jester of BMO also lifted his, from $182 to $230. Jason Celino of KeyBank then took his from $158 to $215. Keith Weiss of Morgan Stanley raised his from $145 to $180, though he kept Underweight. Lucky Schreiner of D.A. Davidson moved from $135 to $190. Matthew Vanvliet of Cantor Fitzgerald, meanwhile, cut his from $220 to $205.
What Berg, Fitzsimmons And Murphy’s Records Look Like
Fitzsimmons has met 100 percent of his price targets, in 72 days. AnaChart holds 26 targets and ratings from him, though, across 4 stocks. Murphy has met 73.96 percent, meanwhile, in 131 days. His record runs to 67 targets and ratings across 17 stocks. Deutsche Bank and TD Cowen appear in his AnaChart work history. Berg is at 48.14 percent, and he takes 266 days. His record is the largest of the three, at 1,655 targets and ratings across 64 stocks.
Workday’s covering analysts as a group have met 67.63 percent of their targets, in an average of 161.08 days. Berg is the only one of the three below that hit rate, and the only one slower than the group’s 161.08 days.
The average target across the 30 analysts AnaChart tracks on Workday stands at $191.43, and the board runs from $139 to $275. David Hynes of Canaccord carries Buy at $225, set on 24 August, at 20 of 26 targets met in 223 days. Brent Thill of Jefferies sits at Hold at the same $225, at 21 of 30 in 189 days. Brian Schwartz of Oppenheimer also carries Buy, at $220, at 29 of 37 in 123 days. Brad Zelnick of Deutsche Bank holds Buy at $220 too, at 22 of 28. He is the quickest of those four, at 79 days.
The last close AnaChart records for Workday is $193.57. AnaChart puts the current rating split at 63.41 percent Buy, 35.37 percent Hold and 1.22 percent Sell. The activity chart also holds 1,063 price targets and 758 ratings.
Autodesk Books $2.05 Billion In Quarterly Revenue And Draws A Target Cut Among Four Actions
Autodesk sells design and engineering software. Architects draw buildings in it and manufacturers model parts in it. AutoCAD and Revit are two of its products. Revenue for the quarter ended 31 July was $2.046 billion. The consensus was $2.01 billion. Non-GAAP earnings also came in above, at $3.30 a share against $2.97 expected.
Autodesk’s Stock Price Target News Today
Nick Altmann of BTIG reiterated his Buy and left his target at $300.
Clarke Jeffries of Piper Sandler kept Overweight but cut his target, from $369 to $338.
Two more followed. Tamjid Chowdhury of Guggenheim lifted his target from $277 to $283. Daniel Jester of BMO also raised his, from $262 to $283.
What Altmann And Jeffries’ Records Look Like
Altmann has met 65.91 percent of his price targets, in 93 days. AnaChart holds 271 targets and ratings from him, across 18 stocks. Jeffries is at 59.96 percent and 118 days, on a record of 606 targets and ratings across 27 stocks. Autodesk’s covering analysts have met 65.2 percent as a group. So Altmann sits above that and Jeffries below it. Both are quicker than the group’s 155.92 days, even so.
The average target across the 26 analysts AnaChart tracks on Autodesk stands at $328.10, and the board runs from $246 to $390. Steve Koenig of Macquarie carries Buy at $310, set on 25 August, at 26 of 36 targets met in 100 days. Joe Vruwink of Baird also holds Buy, at $325, at 18 of 29 in 242 days. Tyler Radke of Citi sits at Hold and $269, at 20 of 33 in 314 days. Salveen Richter of Goldman Sachs sits at Hold as well, at $260, at 6 of 10 in 148 days.
The last close AnaChart records for Autodesk is $270.58. AnaChart puts the current rating split at 84.93 percent Buy and 15.07 percent Hold. The activity chart holds 771 price targets and 563 ratings.
Elastic Books $478 Million In Quarterly Revenue And Draws Ten Target Raises
Elastic sells search and observability software. Its Elasticsearch engine indexes logs and documents so applications can query them. Revenue for the quarter ended 31 July was $478.11 million. The consensus was $469.63 million. Non-GAAP earnings also came in above, at $0.70 a share against $0.44 expected.
Elastic’s Stock Price Target News Today
Koji Ikeda of BofA Securities held Neutral and raised his price target from $90 to $108.
Shrenik Kothari of Baird also kept his rating, at Outperform, and took his target from $95 to $120.
Eight more desks moved on Elastic. Brent Thill of Jefferies raised his target from $100 to $120. Kingsley Crane of Canaccord also lifted his to that same $120, from $80. Howard Ma of Guggenheim arrived at $120 as well, from $106. Blair Abernethy of Rosenblatt then raised his from $83 to $115. Brian Essex of JPMorgan took his from $93 to $105. Thomas Blakey of Cantor Fitzgerald moved from $91 to $100. Lucky Schreiner of D.A. Davidson also moved to $100, from $80. Sanjit Singh of Morgan Stanley raised his from $66 to $75.
What Kothari And Ikeda’s Records Look Like
Both new numbers sit above the $84 average target across the 24 analysts AnaChart tracks on Elastic. Kothari has met 68.44 percent of his price targets, in 142 days. His record runs to 417 targets and ratings on 21 stocks. Ikeda, though, is at 64.93 percent and 111 days, on 473 targets and ratings across 39 stocks. Elastic’s covering analysts have met 55.91 percent as a group, in 123.81 days. That puts both men above the group on hit rate, but only Ikeda is quicker.
The board runs from $50 to $130. Among the coverage AnaChart records that did not move on Friday, Ryan Macwilliams of Wells Fargo sits at Hold and $80, set on 24 August, at 4 of 4 targets met in 35 days, well inside the group’s 123.81-day average. Andrew Sherman of TD Cowen carries Hold as well, at $70, set on 24 August, at 8 of 13 in 145 days.
The last close AnaChart records for Elastic is $83.74. AnaChart puts the current rating split at 70.73 percent Buy and 29.27 percent Hold. The activity chart also holds 552 price targets and 430 ratings.
Questions Readers Ask About These Numbers
Which of the seven analysts profiled here has met the highest share of targets? Fitzsimmons, at 100 percent, against Berg’s 48.14. His is also the smallest record of the seven, at 26 items against Berg’s 1,655.
How do the three groups compare? Workday’s covering analysts lead at 67.63 percent met, then Autodesk at 65.2 percent, then Elastic at 55.91 percent. Elastic’s group is the quickest, even so, at 123.81 days against Workday’s 161.08.
Was more than one rating changed among these twenty-four? No. Murphy’s downgrade of Workday is the only one. Of the other twenty-three, twenty-two are target changes at ratings the analysts already carried, and Altmann’s is a reiteration at an unchanged target.
The previous session’s actions are in the 27 August update. The analyst price target dataset holds the underlying record for every name above.
