NYSE:WE WeWork (WE) Stock Forecast, Price & News $3.05 +0.13 (+4.45%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$2.86▼$3.1050-Day Range$0.11▼$10.7452-Week Range$2.61▼$130.80Volume828,579 shsAverage Volume1.46 million shsMarket Capitalization$162.44 millionP/E RatioN/ADividend YieldN/APrice Target$143.60 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media WeWork MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside4,608.2% Upside$143.60 Price TargetShort InterestBearish6.98% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.04Based on 4 Articles This WeekInsider TradingSelling Shares$1.09 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.59 out of 5 starsBusiness Services Sector282nd out of 322 stocksNonresidential Building Operators Industry4th out of 4 stocks 3.3 Analyst's Opinion Consensus RatingWeWork has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $143.60, WeWork has a forecasted upside of 4,608.2% from its current price of $3.05.Amount of Analyst CoverageWeWork has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.98% of the outstanding shares of WeWork have been sold short.Short Interest Ratio / Days to CoverWeWork has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in WeWork has recently increased by 63.16%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldWeWork does not currently pay a dividend.Dividend GrowthWeWork does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WE. Previous Next 1.7 News and Social Media Coverage News SentimentWeWork has a news sentiment score of 0.04. 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 0.62 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for WeWork this week, compared to 6 articles on an average week.Search InterestOnly 24 people have searched for WE on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.MarketBeat Follows23 people have added WeWork to their MarketBeat watchlist in the last 30 days. This is an increase of 77% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, WeWork insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,087,168.00 in company stock.Percentage Held by InsidersOnly 6.00% of the stock of WeWork is held by insiders. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of WeWork is -0.04, 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. SectorThe P/E ratio of WeWork is -0.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About WeWork (NYSE:WE) StockWeWork Inc. provides flexible workspace solutions to individuals and organizations worldwide. The company offers workstation, private office, and customized floor solutions; and various amenities and services, such as private phone booths, internet, high-speed business printers and copiers, mail and package handling, front desk services, off-peak building access, common areas, and daily enhanced cleaning solutions. It also provides various value-add services; business and technical service solutions, including professional employer organization and payroll services, remote workforce solutions, human resources benefits, dedicated bandwidth, and IT equipment co-location solutions. In addition, the company offers WeWork All Access, a monthly subscription-based model that allows members to book workspaces, conference rooms, and private offices; WeWork On Demand, which enables users with pay-as-you-go access to book individual workspace or conference rooms at nearby WeWork locations; and WeWork Workplace, a turnkey workspace management solution for landlords, operators, and enterprises. WeWork Inc. was founded in 2010 and is headquartered in New York, New York.Read More WE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WE Stock News HeadlinesSeptember 16, 2023 | marketbeat.comMarketBeat Week in Review – 9/11 - 9/15 (WE)Markets continue to trade in a defined range, and some analysts believe something has to change; that may come next week after the Fed meetingSeptember 14, 2023 | marketbeat.comWeWork Stock Soars: Meme Stock Madness or Mirage?WeWork's stock skyrockets 62% on high trading volume as recent developments and financials raise questions about its meme stock potential.September 28, 2023 | Tradewins (Ad)Successful Options Trading Begins With…Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month! September 6, 2023 | marketbeat.comWeWork, shortly after warning about its future, seeks to renegotiate nearly all of its leasesWeWork will renegotiate nearly all of its leases, weeks after the workspace-sharing provder sounded the alarm on its future ability to stay in businessAugust 29, 2023 | marketbeat.com3 Reasons the Dick’s Sporting Goods Selloff Is a Steal (WE)As inventory shrink issues begin to fade, the market will gradually be reminded of Dick's growth prospects, shareholder-friendly moves and undervalued stock.September 25, 2023 | forbes.comLong-Term Contracts Can Go Bad: WeWork ExampleSeptember 22, 2023 | seekingalpha.comAshford Hospitality Trust, WeWork, Hudson Pacific Properties among real estate moversSeptember 20, 2023 | finance.yahoo.comDetroit Auto Show, UAW Strike, and Workers' Return to the OfficeSeptember 28, 2023 | Tradewins (Ad)Successful Options Trading Begins With…Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month! September 19, 2023 | finance.yahoo.comZIRP: good, actually!September 18, 2023 | msn.comWeWork Faces $30M lawsuit as DivcoWest demands full payment amid bankruptcy threatSeptember 13, 2023 | bizjournals.comWeWork financial woes have Raleigh-Durham tenants looking elsewhereSeptember 13, 2023 | 247wallst.comWeWork’s Shares Up 87% on Tuesday, Post Biggest 1-Day GainSeptember 13, 2023 | finance.yahoo.comWeWork stock, Citi reorganization, Adobe AI: Top StocksSeptember 13, 2023 | investorplace.comThe Cost to Borrow WeWork (WE) Stock Nearly Tripled in One DaySeptember 12, 2023 | benzinga.comWhat's Going On With WeWork Stock Today?September 12, 2023 | investorplace.comWE Stock: There Are No WeWork Shares Available to ShortSeptember 11, 2023 | finance.yahoo.comWeWork plans to renegotiate most of its office leases. Here's what that means for landlords, individual office markets.September 9, 2023 | thetimes.co.ukWeWork’s ‘unwelcome surprise’ for landlords marks its latest fall from graceSeptember 8, 2023 | bloomberg.comWeWork to Renegotiate Nearly All Leases, Exit ‘Unfit’ SitesSeptember 8, 2023 | ft.comWeWork tells landlords it will renegotiate most office leasesSeptember 8, 2023 | msn.comWeWork Will Renegotiate ‘Nearly All Leases’—After Warning It May Go Out Of BusinessSeptember 8, 2023 | nytimes.comWeWork Declares Intent to Renegotiate Almost All LeasesSeptember 8, 2023 | cnbc.comWeWork CEO says company is 'here to stay' as it renegotiates 'nearly all our leases'September 8, 2023 | msn.comWeWork to renegotiate most of its leases, weeks after bankruptcy warningSeptember 8, 2023 | finance.yahoo.comWeWork is out to negotiate 'nearly all' of its leases, and exit others. Here's what that could mean in the Bay AreaSeptember 8, 2023 | msn.comWeWork To Renegotiate Leases, Exit Weak Locations, but Investors Aren't ImpressedSee More Headlines Receive WE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for WeWork and its competitors with MarketBeat's FREE daily newsletter. Email Address WE Company Calendar Last Earnings8/08/2023Today9/28/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Nonresidential building operators Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:WE CUSIPN/A CIK1813756 Webwww.we.co Phone646-389-3922FaxN/AEmployees4,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$143.60 High Stock Price Forecast$320.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+4,655.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($75.60) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-2,034,000,000.00 Net Margins-48.69% Pretax Margin-54.97% Return on EquityN/A Return on Assets-9.59% Debt Debt-to-Equity RatioN/A Current Ratio0.34 Quick Ratio0.34 Sales & Book Value Annual Sales$3.25 billion Price / Sales0.05 Cash FlowN/A Price / Cash FlowN/A Book Value($188.71) per share Price / Book-0.02Miscellaneous Outstanding Shares53,260,000Free Float50,060,000Market Cap$160.85 million OptionableOptionable Beta1.96 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Anthony Yazbeck (Age 44)Pres, COO & Director Comp: $1.51MMs. Susan Catalano (Age 60)Chief People Officer Comp: $1.01MMr. David M. Tolley (Age 55)Interim CEO & Director Mr. Kurt T. Wehner (Age 61)Chief Accounting Officer, CFO & Treasurer Mr. Kevin BerrySr. VP of Investor RelationsMs. Pamela Swidler (Age 40)Chief Legal Officer, Chief Compliance Officer & Corp. Sec. Doug SmithHead of All Access & MarketplaceNick GiraudeauGlobal Head of Financial Services SalesMr. Peter Alan Greenspan (Age 48)Global Head of Real Estate More ExecutivesKey CompetitorsRCM TechnologiesNASDAQ:RCMTDLHNASDAQ:DLHCM3-Brigade Acquisition IINYSE:MBACBlackSky TechnologyNYSE:BKSYArbe RoboticsNASDAQ:ARBEView All CompetitorsInsiders & InstitutionsKurt WehnerSold 1,391 sharesTotal: $5,911.75 ($4.25/share)Wolverine Trading LLCSold 24,400 shares on 8/23/2023Ownership: 0.000%Goldman Sachs Group Inc.Sold 182,009 shares on 8/15/2023Ownership: 0.094%Citadel Advisors LLCSold 336,800 shares on 8/15/2023Ownership: 0.000%Y Intercept Hong Kong LtdBought 344,958 shares on 8/15/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions WE Stock - Frequently Asked Questions Should I buy or sell WeWork stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WeWork in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WE shares. View WE analyst ratings or view top-rated stocks. What is WeWork's stock price forecast for 2023? 4 analysts have issued 12-month price targets for WeWork's shares. Their WE share price forecasts range from $8.00 to $320.00. On average, they predict the company's share price to reach $143.60 in the next twelve months. This suggests a possible upside of 4,655.0% from the stock's current price. View analysts price targets for WE or view top-rated stocks among Wall Street analysts. How have WE shares performed in 2023? WeWork's stock was trading at $57.20 at the beginning of the year. Since then, WE stock has decreased by 94.7% and is now trading at $3.02. View the best growth stocks for 2023 here. Are investors shorting WeWork? WeWork saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,720,000 shares, an increase of 63.2% from the August 31st total of 2,280,000 shares. Based on an average trading volume of 3,470,000 shares, the short-interest ratio is currently 1.1 days. View WeWork's Short Interest. When is WeWork's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our WE earnings forecast. How were WeWork's earnings last quarter? WeWork Inc. (NYSE:WE) issued its quarterly earnings data on Tuesday, August, 8th. The company reported ($8.40) earnings per share (EPS) for the quarter. The business had revenue of $844 million for the quarter. What ETFs hold WeWork's stock? ETFs with the largest weight of WeWork (NYSE:WE) stock in their portfolio include Global X PropTech ETF (PTEC). When did WeWork's stock split? Shares of WeWork reverse split on the morning of Tuesday, September 5th 2023. The 1-40 reverse split was announced on Friday, August 18th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, September 4th 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. What is WeWork's stock symbol? WeWork trades on the New York Stock Exchange (NYSE) under the ticker symbol "WE." Who are WeWork's major shareholders? WeWork's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Softbank Group CORP. (67.48%), King Street Capital Management L.P. (2.45%), Capital World Investors (0.90%), Sycale Advisors NY LLC (0.86%), Brigade Capital Management LP (0.79%) and BlackRock Inc. (0.31%). Insiders that own company stock include Andre J Fernandez, Bruce Dunlevie, Jeffrey Sine, Kurt Wehner, Peter Greenspan and Sandeep Mathrani. View institutional ownership trends. How do I buy shares of WeWork? Shares of WE 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 WeWork's stock price today? One share of WE stock can currently be purchased for approximately $3.02. How much money does WeWork make? WeWork (NYSE:WE) has a market capitalization of $160.85 million and generates $3.25 billion in revenue each year. The company earns $-2,034,000,000.00 in net income (profit) each year or ($75.60) on an earnings per share basis. How many employees does WeWork have? The company employs 4,300 workers across the globe. How can I contact WeWork? The official website for the company is www.we.co. The company can be reached via phone at 646-389-3922 or via email at investor@wework.com. This page (NYSE:WE) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding WeWork Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 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. 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