NYSE:WE WeWork (WE) Stock Forecast, Price & News $0.18 +0.02 (+12.12%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$0.16▼$0.1950-Day Range$0.17▼$0.7852-Week Range$0.16▼$7.67Volume25.11 million shsAverage Volume21.03 million shsMarket Capitalization$394.01 millionP/E RatioN/ADividend YieldN/APrice Target$5.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media WeWork MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside3,075.7% Upside$5.88 Price TargetShort InterestHealthy4.36% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.11Based on 5 Articles This WeekInsider TradingN/AProj. 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.1.81 out of 5 starsBusiness Services Sector247th out of 337 stocksNonresidential Building Operators Industry4th out of 4 stocks 3.3 Analyst's Opinion Consensus RatingWeWork has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.88, WeWork has a forecasted upside of 3,075.7% from its current price of $0.19.Amount of Analyst CoverageWeWork has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.36% 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 8.Change versus previous monthShort interest in WeWork has recently decreased by 3.85%, indicating that investor sentiment is improving. 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 1.6 News and Social Media Coverage News SentimentWeWork has a news sentiment score of -0.11. 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 0.47 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for WeWork this week, compared to 6 articles on an average week.Search Interest28 people have searched for WE on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added WeWork to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, WeWork insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.00% of the stock of WeWork is held by insiders.Percentage Held by Institutions81.61% of the stock of WeWork is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of WeWork is -0.08, 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 -0.08, 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 offers 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 workspace management solutions, which enable landlords and operators to power flexible spaces and provide direct access to an established customer base. As of December 31, 2021, its real estate portfolio includes 756 locations. WeWork Inc. was founded in 2010 and is headquartered in New York, New York.Read More 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 Stock News HeadlinesJune 2, 2023 | marketwatch.comWeQuit: WeWork bonds sink after top executives resign from cash-burning companyJune 1, 2023 | msn.comWeWork India's Valuation On The Verge Of Outshining Troubled US ParentJune 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 30, 2023 | bloomberg.comWeWork’s Woes Show Return-to-Office Is No PartyMay 28, 2023 | afr.comAustralia’s top WeWork still an ‘Old Farts Club’May 27, 2023 | nasdaq.comWeWork Says CEO and CFO Both Planning to Step DownMay 25, 2023 | finance.yahoo.comWeWork CFO Andre Fernandez to resignMay 25, 2023 | msn.comWeWork CFO Fernandez to resign, company reaffirms Q2 guidanceJune 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 24, 2023 | marketwatch.comWeWork Reaffirms 2Q GuidanceMay 24, 2023 | ca.finance.yahoo.comWeWork CFO resignation marks second major exit in a weekMay 24, 2023 | msn.comAmazon to Expand in UK With WeWork Space for 1,000 StaffMay 20, 2023 | msn.comWeWork short-sellers have made $440 million in profits as shares have plunged 96% in a yearMay 19, 2023 | businessinsider.comWill WeWork file for bankruptcy? One of its bonds trades at 56 cents on the dollar, and Fitch Ratings thinks default is a real possibility.May 19, 2023 | msn.comWeWork short-sellers scoop up $440 million in profits as shares plunge 96% over the past yearMay 18, 2023 | msn.comTraders Who Bet Against WeWork Reaped $440 Million in Gains This Past YearMay 18, 2023 | msn.comIs WeWork Doomed?May 17, 2023 | msn.comWhy WeWork Stock Was Falling TodayMay 17, 2023 | finance.yahoo.comWeWork Plunges as ‘Disruptive’ CEO Change Prompts DowngradeMay 17, 2023 | markets.businessinsider.com4 Analysts Have This to Say About WeWorkMay 17, 2023 | msn.comWeWork downgraded to Neutral at Mizuho on CEO exit, mounting headwindsMay 17, 2023 | markets.businessinsider.comThis WeWork Analyst Moves To The Sidelines, Citing Prospects Of Higher Cash BurnMay 17, 2023 | msn.comWeWork stock tumbles to record low after news of CEO departureMay 17, 2023 | msn.comWeWork CEO Mathrani to step downMay 17, 2023 | msn.comWeWork CEO Sandeep Mathrani will step down after three-year tenureMay 17, 2023 | finance.yahoo.comRajeev Misra Has Two Jobs. He Backs WeWork at Both.May 17, 2023 | americanbankingnews.comWeWork (NYSE:WE) Downgraded by Mizuho to "Neutral"See More Headlines WE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WE Company Calendar Last Earnings5/09/2023Today6/04/2023Next Earnings (Estimated)8/03/2023Fiscal 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$5.88 High Stock Price Forecast$11.00 Low Stock Price Forecast$1.75 Forecasted Upside/Downside+3,075.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($2.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-2,034,000,000.00 Net Margins-55.96% Pretax Margin-62.66% Return on EquityN/A Return on Assets-10.24% Debt Debt-to-Equity RatioN/A Current Ratio0.37 Quick Ratio0.37 Sales & Book Value Annual Sales$3.25 billion Price / Sales0.12 Cash FlowN/A Price / Cash FlowN/A Book Value($1.77) per share Price / Book-0.10Miscellaneous Outstanding Shares2,129,780,000Free Float2,001,996,000Market Cap$394.01 million OptionableOptionable Beta1.57 Key ExecutivesMr. Sandeep Lakhmi Mathrani (Age 61)Exec. Chairman & CEO Comp: $12.25MMr. Anthony Yazbeck (Age 45)Pres & COO Comp: $5.25MMr. Jared DeMatteis (Age 40)Chief Legal Officer, Chief Compliance Officer & Corp. Sec. Comp: $2.68MMr. Andre J. Fernandez (Age 55)Chief Financial Officer Mr. Kurt T. Wehner (Age 61)Chief Accounting Officer Mr. Kevin BerrySr. VP of Investor RelationsMs. Lauren Fritts (Age 40)Chief Corp. Affairs and Marketing Officer Ms. Susan Catalano (Age 60)Chief People Officer Doug SmithHead of All Access & MarketplaceNick GiraudeauGlobal Head of Financial Services SalesMore ExecutivesKey CompetitorsXiao-INASDAQ:AIXIGogoroNASDAQ:GGRMicrovastNASDAQ:MVSTCantaloupeNASDAQ:CTLPConcrete PumpingNASDAQ:BBCPView All CompetitorsInsiders & InstitutionsSkyView Investment Advisors LLCBought 467,810 shares on 5/18/2023Ownership: 0.064%KB Financial Partners LLCBought 387,651 shares on 5/17/2023Ownership: 0.053%Susquehanna International Group LLPBought 2,600 shares on 5/16/2023Ownership: 0.000%AQR Capital Management LLCBought 35,108 shares on 5/16/2023Ownership: 0.006%Jane Street Group LLCBought 26,700 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions WE Stock - Frequently Asked Questions Should I buy or sell WeWork stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WeWork in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WE shares. View WE analyst ratings or view top-rated stocks. What is WeWork's stock price forecast for 2023? 6 brokers have issued 12 month price objectives for WeWork's stock. Their WE share price forecasts range from $1.75 to $11.00. On average, they predict the company's share price to reach $5.88 in the next twelve months. This suggests a possible upside of 3,075.7% 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 $1.43 at the beginning of 2023. Since then, WE stock has decreased by 87.1% and is now trading at $0.1850. View the best growth stocks for 2023 here. When is WeWork's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our WE earnings forecast. How were WeWork's earnings last quarter? WeWork Inc. (NYSE:WE) posted its earnings results on Tuesday, May, 9th. The company reported ($0.34) earnings per share for the quarter, beating analysts' consensus estimates of ($0.40) by $0.06. The firm had revenue of $849 million for the quarter, compared to the consensus estimate of $849.42 million. WeWork's quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the firm earned ($0.57) EPS. What ETFs hold WeWork's stock? ETFs with the largest weight of WeWork (NYSE:WE) stock in their portfolio include Amplify Inflation Fighter ETF (IWIN), Fidelity Blue Chip Growth ETF (FBCG), Fidelity Growth Opportunities ETF (FGRO) and Vanguard Real Estate ETF (VNQ).Fidelity MSCI Real Estate Index ETF (FREL). What guidance has WeWork issued on next quarter's earnings? WeWork issued an update on its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $840.00 million-$865.00 million, compared to the consensus revenue estimate of $872.05 million. 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 many different retail and institutional investors. Top institutional shareholders include Softbank Group CORP. (44.35%), FMR LLC (5.03%), Slate Path Capital LP (2.48%), Balyasny Asset Management L.P. (1.84%), BlackRock Inc. (1.25%) and American Assets Capital Advisers LLC (1.17%). Insiders that own company stock include Andre J Fernandez, Jeffrey Sine, 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 $0.19. How much money does WeWork make? WeWork (NYSE:WE) has a market capitalization of $394.01 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 ($2.44) 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 6/4/2023 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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