NASDAQ:WORK - Slack Stock Price, News & Analysis

$26.10
+1.61 (+6.57 %)
(As of 09/16/2019 04:00 PM ET)
Add
Today's Range
$24.20
Now: $26.10
$26.21
50-Day Range
$24.07
MA: $29.63
$34.09
52-Week Range
$23.93
Now: $26.10
$42.00
Volume8.22 million shs
Average Volume7.59 million shs
Market Capitalization$13.16 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
Current SymbolNASDAQ:WORK
CUSIPN/A
CIKN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$13.16 billion
Next Earnings Date12/4/2019 (Estimated)
OptionableNot Optionable

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Slack (NASDAQ:WORK) Frequently Asked Questions

What is Slack's stock symbol?

Slack trades on the NASDAQ under the ticker symbol "WORK."

When is Slack's next earnings date?

Slack is scheduled to release their next quarterly earnings announcement on Wednesday, December 4th 2019. View Earnings Estimates for Slack.

What guidance has Slack issued on next quarter's earnings?

Slack issued an update on its third quarter earnings guidance on Wednesday, September, 4th. The company provided earnings per share (EPS) guidance of ($0.09-0.08) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.07). The company issued revenue guidance of $154-156 million, compared to the consensus revenue estimate of $153.55 million.

What price target have analysts set for WORK?

17 equities research analysts have issued 12-month price targets for Slack's stock. Their predictions range from $26.00 to $44.00. On average, they anticipate Slack's stock price to reach $36.75 in the next year. This suggests a possible upside of 40.8% from the stock's current price. View Analyst Price Targets for Slack.

What is the consensus analysts' recommendation for Slack?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Slack in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Slack.

What are Wall Street analysts saying about Slack stock?

Here are some recent quotes from research analysts about Slack stock:
  • 1. KeyCorp analysts commented, "We estimate revenue growth could exceed 53% y/y even with a slight drag from service outage credits. We remain buyers of WORK as a category pioneer with multi-billion-dollar revenue potential, particularly given shares have declined 26% from the opening direct listing price of $38.50 vs. Nasdaq -1%." (8/25/2019)
  • 2. According to Zacks Investment Research, "Slack Technologies Inc. operates Slack, a business technology software platform primarily in the United States and internationally. Its platform sells software-as-a-service model. Slack Technologies Inc. is based in San Francisco, California. " (8/9/2019)

Has Slack been receiving favorable news coverage?

News headlines about WORK stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Slack earned a news impact score of 0.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Slack.

What other stocks do shareholders of Slack own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Slack investors own include NVIDIA (NVDA), Square (SQ), Alibaba Group (BABA), salesforce.com (CRM), Twilio (TWLO), Paypal (PYPL), Shopify (SHOP), Netflix (NFLX), Roku (ROKU) and Walt Disney (DIS).

When did Slack IPO?

(WORK) raised $0 in an IPO on Thursday, June 20th 2019. The company issued 118,400,000 shares at $0.00 per share. DPO (Direct Public Offering) acted as the underwriter for the IPO.

When does Slack's lock-up period expire?

Slack's lock-up period expires on Tuesday, December 17th. Slack had issued 118,429,640 shares in its initial public offering on June 20th. The total size of the offering was $4,559,541,140 based on an initial share price of $38.50. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Who are Slack's major shareholders?

Slack's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Morgan Stanley (4.05%), Price T Rowe Associates Inc. MD (2.07%), Vanguard Group Inc. (1.39%), Viking Global Investors LP (0.90%), JPMorgan Chase & Co. (0.65%) and OZ Management LP (0.44%). Company insiders that own Slack stock include Allen Shim, Brandon Zell, Cal Henderson, Chamath Palihapitiya, David Schellhase, Parallel Fund Iv-A LP Ah, Robert Frati and Stewart Butterfield. View Institutional Ownership Trends for Slack.

Which major investors are buying Slack stock?

WORK stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Price T Rowe Associates Inc. MD, Vanguard Group Inc., Viking Global Investors LP, JPMorgan Chase & Co., OZ Management LP, Institutional Venture Management XIV LLC and Dragoneer Investment Group LLC. View Insider Buying and Selling for Slack.

How do I buy shares of Slack?

Shares of WORK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Slack's stock price today?

One share of WORK stock can currently be purchased for approximately $26.10.

How big of a company is Slack?

Slack has a market capitalization of $13.16 billion. View Additional Information About Slack.


MarketBeat Community Rating for Slack (NASDAQ WORK)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  35 (Vote Outperform)
Underperform Votes:  35 (Vote Underperform)
Total Votes:  70
MarketBeat's community ratings are surveys of what our community members think about Slack and other stocks. Vote "Outperform" if you believe WORK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WORK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/16/2019 by MarketBeat.com Staff

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