NASDAQ:WKME

WalkMe (WKME) Stock Forecast, Price & News

$9.61

+0.07 (+0.73%)

(As of 05/26/2023 08:48 PM ET)

Compare

Today's Range: $9.41
▼
$9.99
50-Day Range: $8.40
▼
$11.15
52-Week Range: $6.87
▼
$14.80

Volume: 103,500 shs
Average Volume: 80,461 shs
Market Capitalization: $794.27 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.21

WalkMe MarketRank™ Forecast

Analyst Rating: Hold
2.43 Rating Score
Upside/Downside: 27.1% Upside
$12.21 Price Target
Short Interest: Healthy
1.38% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.29
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.69) to ($0.50) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.10 out of 5 stars

Computer And Technology Sector

248th out of 618 stocks

Prepackaged Software Industry

71st out of 217 stocks

3.2

Analyst's Opinion

Consensus Rating
WalkMe has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.21, WalkMe has a forecasted upside of 27.1% from its current price of $9.61.
Amount of Analyst Coverage
WalkMe has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.38% of the float of WalkMe has been sold short.
Short Interest Ratio / Days to Cover
WalkMe has a short interest ratio ("days to cover") of 4.
Change versus previous month
Short interest in WalkMe has recently decreased by 13.20%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
WalkMe does not currently pay a dividend.
Dividend Growth
WalkMe does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WKME.

2.4

News and Social Media Coverage

News Sentiment
WalkMe has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for WalkMe this week, compared to 3 articles on an average week.
Search Interest
10 people have searched for WKME on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, WalkMe insiders have not sold or bought any company stock.
Percentage Held by Institutions
61.04% of the stock of WalkMe is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for WalkMe are expected to grow in the coming year, from ($0.69) to ($0.50) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of WalkMe is -8.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of WalkMe is -8.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
WalkMe has a P/B Ratio of 3.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About WalkMe (NASDAQ:WKME) Stock

WalkMe Ltd. provides cloud-based digital adoption platform in the United States and internationally. Its digital adoption platform enables organizations to measure, drive, and act to maximize the impact of their digital transformation and accelerate the return on their software investment. The company was formerly known as Make Tutorial Ltd. and changed its name to WalkMe Ltd. in March 2012. WalkMe Ltd. was incorporated in 2011 and is headquartered in Tel Aviv-Yafo, Israel.

Receive WKME Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for WalkMe and its competitors with MarketBeat's FREE daily newsletter.

WKME Stock News Headlines

May 24, 2023 | americanbankingnews.com

WalkMe Sees Unusually High Options Volume (NASDAQ:WKME)

May 22, 2023 | americanbankingnews.com

WalkMe's (WKME) "Maintains" Rating Reiterated at 51job

May 29, 2023 | Stocks To Trade (Ad)

3 Free Stock Picks per Day

Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.

May 21, 2023 | americanbankingnews.com

WalkMe (NASDAQ:WKME) Price Target Cut to $10.00 by Analysts at Citigroup

May 21, 2023 | americanbankingnews.com

Brokerages Set WalkMe Ltd. (NASDAQ:WKME) PT at $12.57

May 20, 2023 | msn.com

Why WalkMe Stock Was Blasting Higher This Week

May 19, 2023 | americanbankingnews.com

WalkMe (NASDAQ:WKME) Price Target Cut to $10.50 by Analysts at BMO Capital Markets

May 18, 2023 | msn.com

Morgan Stanley Maintains WalkMe (WKME) Equal-Weight Recommendation

May 29, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

May 17, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: ServiceNow (NOW) and WalkMe (WKME)

May 17, 2023 | seekingalpha.com

WalkMe GAAP EPS of -$0.30 misses by $0.08, revenue of $65.89M beats by $0.85M

May 17, 2023 | finanznachrichten.de

WalkMe Inc.: WalkMe Ltd. Announces First Quarter 2023 Financial Results

May 17, 2023 | finance.yahoo.com

WalkMe Ltd. Announces First Quarter 2023 Financial Results

May 17, 2023 | apnews.com

WalkMe: Q1 Earnings Snapshot

May 17, 2023 | theglobeandmail.com

WalkMe (NASDAQ:WKME) Posts Better-Than-Expected Sales In Q1 But Stock Drops 19.3%

May 17, 2023 | msn.com

WalkMe: Q1 Earnings Insights

May 17, 2023 | msn.com

WalkMe (WKME) Reports Q1 Loss, Tops Revenue Estimates

May 17, 2023 | theglobeandmail.com

Why WalkMe (WKME) Shares Are Sliding Today

May 17, 2023 | seekingalpha.com

WalkMe Ltd. 2023 Q1 - Results - Earnings Call Presentation

May 16, 2023 | msn.com

WalkMe's Earnings: A Preview

May 16, 2023 | theglobeandmail.com

WalkMe (WKME) To Report Earnings Tomorrow: Here Is What To Expect

May 16, 2023 | americanbankingnews.com

WalkMe (WKME) Set to Announce Earnings on Wednesday

May 15, 2023 | americanbankingnews.com

WalkMe (WKME) Scheduled to Post Quarterly Earnings on Wednesday

May 9, 2023 | msn.com

BMO Capital Downgrades WalkMe (WKME)

May 9, 2023 | finance.yahoo.com

Both private equity firms who control a good portion of WalkMe Ltd. (NASDAQ:WKME) along with institutions must be dismayed after last week's 7.4% decrease

May 8, 2023 | msn.com

Warner Bros. Discovery To Rally Around 62%? Here Are 10 Other Analyst Forecasts For Monday

May 8, 2023 | markets.businessinsider.com

BMO Capital Remains a Hold on WalkMe (WKME)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive WKME Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for WalkMe and its competitors with MarketBeat's FREE daily newsletter.

WKME Company Calendar

Last Earnings: 11/10/2021
Today: 5/29/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:WKME
CUSIP: N/A
CIK: 1847584
Web: www.walkme.com
Phone: 972-3763-0333
Fax: N/A
Employees: 1,200
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $12.21
High Stock Price Forecast: $20.00
Low Stock Price Forecast: $9.00
Forecasted Upside/Downside: +27.1%
Consensus Rating: Hold
Rating Score (0-4): 2.43
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.12)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-92,630,000.00
Net Margins: -37.68%
Pretax Margin: -38.57%
Return on Equity: -107.88%
Return on Assets: -22.63%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.98
Quick Ratio: 1.98

Sales & Book Value

Annual Sales: $245.01 million
Price / Sales: 3.24
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.08 per share
Price / Book: 3.12

Miscellaneous

Outstanding Shares: 82,650,000
Free Float: N/A
Market Cap: $794.27 million
Optionable: Not Optionable
Beta: -0.23

Key Executives

Mr. Dan Adika (Age 36)
Co-Founder, Chairman & CEO

Mr. Rafael Sweary (Age 50)
Co-Founder, Pres & Director

Ms. Hagit Ynon (Age 50)
Interim CFO & Exec. VP of Operations

Mr. John Lewis Streppa C.F.A.
Head of Investor Relations

Mr. Paul Bradley Shinn Esq. (Age 52)
Gen. Counsel

Mr. Adriel Sanchez
Chief Marketing Officer

Ms. Chelsea J. Pyrzenski (Age 37)
Chief People Officer

Mr. Amir M. Farhi
Chief Bus. Devel. Officer

Mr. Wayne McCulloch
Chief Customer Officer

Mr. Scott Little
Chief Revenue Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

WKME Stock - Frequently Asked Questions

Should I buy or sell WalkMe stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WalkMe in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WKME shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WKME, but not buy additional shares or sell existing shares.
View WKME analyst ratings or view top-rated stocks.
What is WalkMe's stock price forecast for 2023?: 7 equities research analysts have issued 12 month price objectives for WalkMe's stock. Their WKME share price forecasts range from $9.00 to $20.00. On average, they expect the company's share price to reach $12.21 in the next twelve months. This suggests a possible upside of 27.1% from the stock's current price.
View analysts price targets for WKME or view top-rated stocks among Wall Street analysts.
How have WKME shares performed in 2023?: WalkMe's stock was trading at $11.18 at the start of the year. Since then, WKME shares have decreased by 14.0% and is now trading at $9.61.
View the best growth stocks for 2023 here.
Are investors shorting WalkMe?: WalkMe saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 296,000 shares, a drop of 13.2% from the April 30th total of 341,000 shares. Based on an average trading volume of 73,200 shares, the short-interest ratio is currently 4.0 days. Approximately 1.4% of the company's shares are sold short.
View WalkMe's Short Interest.
When is WalkMe's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our WKME earnings forecast.
How were WalkMe's earnings last quarter?: WalkMe Ltd. (NASDAQ:WKME) issued its quarterly earnings data on Wednesday, November, 10th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.20) by $0.07. The company had revenue of $50.59 million for the quarter, compared to analysts' expectations of $49.30 million. WalkMe had a negative net margin of 37.68% and a negative trailing twelve-month return on equity of 107.88%.
What ETFs hold WalkMe's stock?: ETFs with the largest weight of WalkMe (NASDAQ:WKME) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL).BlueStar Israel Technology ETF (ITEQ).
What guidance has WalkMe issued on next quarter's earnings?: WalkMe issued an update on its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $65.00 million-$66.00 million, compared to the consensus revenue estimate of $66.93 million.

When did WalkMe IPO?: (WKME) raised $284 million in an initial public offering on Wednesday, June 16th 2021. The company issued 9,300,000 shares at a price of $29.00-$32.00 per share. Morgan Stanley, Goldman Sachs and Citigroup served as the underwriters for the IPO and Wells Fargo Securities, Barclays, BMO Capital Markets, JMP Securities, KeyBanc Capital Markets and Needham & Co. were co-managers.
What is WalkMe's stock symbol?: WalkMe trades on the NASDAQ under the ticker symbol "WKME."
Who are WalkMe's major shareholders?: WalkMe's stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.42%), FMR LLC (1.33%), Clearbridge Investments LLC (1.13%), B. Riley Asset Management LLC (1.10%), Portolan Capital Management LLC (0.89%) and Boothbay Fund Management LLC (0.42%).
How do I buy shares of WalkMe?: Shares of WKME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is WalkMe's stock price today?: One share of WKME stock can currently be purchased for approximately $9.61.
How much money does WalkMe make?: WalkMe (NASDAQ:WKME) has a market capitalization of $794.27 million and generates $245.01 million in revenue each year. The company earns $-92,630,000.00 in net income (profit) each year or ($1.12) on an earnings per share basis.
How many employees does WalkMe have?: The company employs 1,200 workers across the globe.
How can I contact WalkMe?: The official website for the company is www.walkme.com. The company can be reached via phone at 972-3763-0333 or via email at investors@walkme.com.

This page (NASDAQ:WKME) was last updated on 5/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial