WDAY
Workday Inc. Technology - Enterprise Software Investor Relations →
Workday Inc. (WDAY) closed at $135.96 as of 2026-03-20, trading 37.8% below its 200-week moving average of $218.63. This places WDAY in the extreme value zone. The stock moved further from the line this week, up from -39.2% last week. With a 14-week RSI of 18, WDAY is in oversold territory.
Trading volume is running at 1.5x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.73 ratio) is neutral — neither side is clearly dominating.
Over the past 653 weeks of data, WDAY has crossed below its 200-week moving average 17 times. On average, these episodes lasted 8 weeks. Historically, investors who bought WDAY at the start of these episodes saw an average one-year return of +22.3%.
With a market cap of $35.8 billion, WDAY is a large-cap stock. The company generates a free cash flow yield of 8.4%, which is notably high. Return on equity stands at 8.2%. The stock trades at 4.5x book value.
Over the past 12.6 years, a hypothetical investment of $100 in WDAY would have grown to $165, compared to $480 for the S&P 500. WDAY has returned 4.1% annualized vs 13.3% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 29.1% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: WDAY vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After WDAY Crosses Below the Line?
Across 17 historical episodes, buying WDAY when it crossed below its 200-week moving average produced an average return of +23.8% after 12 months (median +18.0%), compared to +19.5% for the S&P 500 over the same periods. 85% of those episodes were profitable after one year. After 24 months, the average return was +57.9% vs +39.7% for the index.
Each line shows $100 invested at the moment WDAY crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
WDAY has crossed below its 200-week MA 17 times with an average 1-year return of +22.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 2014 | May 2014 | 3 | 3.6% | +30.9% | +101.1% |
| Jun 2015 | Jul 2015 | 1 | 0.8% | -1.9% | +79.4% |
| Aug 2015 | Oct 2015 | 7 | 8.4% | +14.3% | +89.3% |
| Jan 2016 | Mar 2016 | 12 | 35.4% | +3.9% | +91.3% |
| Apr 2016 | May 2016 | 4 | 7.0% | +16.6% | +81.3% |
| Jun 2016 | Jul 2016 | 3 | 2.5% | +39.6% | +83.7% |
| Nov 2016 | Jan 2017 | 6 | 16.6% | +40.8% | +90.4% |
| Mar 2020 | Apr 2020 | 3 | 12.1% | +101.0% | +8.8% |
| May 2022 | May 2023 | 55 | 35.2% | -4.2% | -28.2% |
| Oct 2023 | Oct 2023 | 1 | 0.9% | +15.4% | -34.0% |
| May 2024 | Jun 2024 | 5 | 6.1% | +7.7% | -38.5% |
| Jul 2024 | Aug 2024 | 2 | 5.2% | +3.4% | -36.7% |
| Mar 2025 | Apr 2025 | 3 | 3.9% | N/A | -37.4% |
| Jul 2025 | Jul 2025 | 1 | 1.1% | N/A | -39.1% |
| Jul 2025 | Aug 2025 | 4 | 1.5% | N/A | -38.8% |
| Sep 2025 | Sep 2025 | 1 | 0.1% | N/A | -39.1% |
| Nov 2025 | Ongoing | 17+ | 39.2% | Ongoing | -36.9% |
| Average | 8 | — | +22.3% | — |
Frequently Asked Questions
Is WDAY below its 200-week moving average?
Yes. As of 2026-03-20, Workday Inc. (WDAY) is trading 37.8% below its 200-week moving average of $218.63. The current price is $135.96.
What is WDAY's 200-week moving average price?
Workday Inc.'s 200-week moving average is $218.63 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when WDAY drops below its 200-week moving average?
WDAY has crossed below its 200-week moving average 17 times in our data. On average, buying at that moment produced a one-year return of +22.3%. These dips have historically been decent entry points. These episodes lasted 8 weeks on average.
Is WDAY a good value right now?
Here's what our data says about WDAY as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 18 (oversold). Free cash flow yield is 8.4%. Return on equity is 8.2%. Price-to-book is 4.5x. This is not a buy or sell recommendation — always do your own research.
How does WDAY compare to the S&P 500?
Over the past 12.6 years, $100 invested in WDAY would have grown to $165, compared to $480 for the S&P 500. That's 4.1% annualized vs 13.3% for the index. WDAY has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20