Upside drivers include expanding ESG reporting modules, aligning with corporate compliance trends. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Analysts’ Workday stock forecast updates highlight positive momentum from AI-driven tools in workforce analytics. The integration boosts upsell opportunities with existing clients, potentially accelerating subscription revenue by 3-5% in FY2025.