Workday, Inc. (NASDAQ:WDAY) earns a place in our list of the 8 most undervalued cloud stocks to buy according to analysts.

As of March 20, 2026, 60% of analysts covering the stock retain bullish ratings for Workday, Inc. (NASDAQ:WDAY), with a consensus price target of $180, indicating a 32.45% upside potential.

On March 17, 2026, Workday, Inc. (NASDAQ:WDAY) revealed in a press release that Sana, a new AI-powered platform designed to automate enterprise workflows in HR and finance, is now available globally. Along with Sana for Workday, a conversational AI interface, and Sana Enterprise, which integrates with applications such as Gmail, Microsoft Outlook, Salesforce, and Slack, the release also included the Sana Self-Service Agent, which boasts over 300 skills across areas like pay, time, and absence.

Workday, Inc. (NASDAQ:WDAY) added that the platform has been built to maintain compliance and enterprise-grade security. The platform achieves this by allowing users to carry out tasks, find information, and automate workflows within current systems. Sana is currently being utilized by customers worldwide to manage routine HR and finance functions, thereby enhancing efficiency and reducing support duties. According to Workday, Sana is integrated directly into its core platform, enabling organizations to use unified data and AI-driven automation across business processes to improve decision-making and expedite operations.

Workday, Inc. (NASDAQ:WDAY) offers cloud-based enterprise applications for finance and human resources. These applications are designed to help organizations manage their workforce, financial operations, and analytics through integrated, data-driven solutions that are specifically engineered for the education, government, and business sectors.

While we acknowledge the potential of WDAY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years  Disclosure: None. Follow Insider Monkey on Google News.