WalkMe (WKME) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for WalkMe in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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.
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7 equities research analysts have issued 1-year target prices for WalkMe's stock. Their WKME share price forecasts range from $9.00 to $20.00. On average, they predict the company's share price to reach $12.07 in the next twelve months. This suggests a possible upside of 47.2% from the stock's current price.
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WalkMe's stock was trading at $11.18 at the start of the year. Since then, WKME stock has decreased by 26.7% and is now trading at $8.20.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 21st 2023.
View our WKME earnings forecast.

WalkMe Ltd. (NASDAQ:WKME) released its earnings results on Thursday, August, 10th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.05. The company had revenue of $66.20 million for the quarter, compared to analysts' expectations of $65.72 million. WalkMe had a negative trailing twelve-month return on equity of 115.55% and a negative net margin of 31.29%. The firm's revenue for the quarter was up 10.5% on a year-over-year basis. During the same period last year, the firm posted ($0.35) earnings per share.

ARK Israel Innovative Technology ETF holds 257,296 shares of WKME stock, representing 2.30% of its portfolio.

WalkMe updated its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $66.00 million-$68.00 million, compared to the consensus revenue estimate of $69.15 million.

(WKME) raised $284 million in an IPO on Wednesday, June 16th 2021. The company issued 9,300,000 shares at $29.00-$32.00 per share. Morgan Stanley, Goldman Sachs and Citigroup acted 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.

WalkMe trades on the NASDAQ under the ticker symbol "WKME."

WalkMe's stock is owned by many different retail and institutional investors. Top institutional investors include EVR Research LP (0.00%), B. Riley Asset Management LLC (0.00%), Allspring Global Investments Holdings LLC (0.00%), Allspring Global Investments Holdings LLC (0.00%), Clearbridge Investments LLC (0.00%) and Boothbay Fund Management LLC (0.00%).

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.
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One share of WKME stock can currently be purchased for approximately $8.20.

The company employs 1,200 workers across the globe.

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.