Log in

NYSE:WORKSlack Stock Price, Forecast & News

-5.38 (-14.18 %)
(As of 06/5/2020 04:00 PM ET)
Today's Range
Now: $32.56
50-Day Range
MA: $30.32
52-Week Range
Now: $32.56
Volume91.47 million shs
Average Volume18.89 million shs
Market Capitalization$18.13 billion
P/E RatioN/A
Dividend YieldN/A
Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model. The company was formerly known as Tiny Speck, Inc. and changed its name to Slack Technologies, Inc. in 2014. Slack Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
Read More

Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.30 out of 5 stars

Industry, Sector and Symbol

Industry Miscellaneous business services



Sales & Book Value

Annual Sales$630.42 million
Book Value$1.30 per share


Net Income$-571,060,000.00


Market Cap$18.13 billion
Next Earnings Date9/2/2020 (Estimated)
OptionableNot Optionable

Receive WORK News and Ratings via Email

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

Slack (NYSE:WORK) Frequently Asked Questions

How has Slack's stock been impacted by COVID-19 (Coronavirus)?

Slack's stock was trading at $23.62 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WORK stock has increased by 37.8% and is now trading at $32.56. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Slack?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Slack in the last year. There are currently 1 sell rating, 9 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Slack.

When is Slack's next earnings date?

Slack is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020. View our earnings forecast for Slack.

How were Slack's earnings last quarter?

Slack (NYSE:WORK) announced its quarterly earnings data on Thursday, June, 4th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.12. The company earned $201.65 million during the quarter, compared to analyst estimates of $188.12 million. Slack had a negative return on equity of 81.89% and a negative net margin of 87.91%. The business's revenue was up 49.6% on a year-over-year basis. View Slack's earnings history.

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

Slack issued an update on its second quarter earnings guidance on Thursday, June, 4th. The company provided earnings per share (EPS) guidance of $(0.04)-(0.03) for the period, compared to the Thomson Reuters consensus estimate of ($0.06). The company issued revenue guidance of $206-209 million, compared to the consensus revenue estimate of $199.86 million.

What price target have analysts set for WORK?

24 Wall Street analysts have issued 1-year target prices for Slack's stock. Their forecasts range from $20.00 to $45.00. On average, they anticipate Slack's stock price to reach $33.96 in the next year. This suggests a possible upside of 4.3% from the stock's current price. View analysts' price targets for Slack.

Has Slack been receiving favorable news coverage?

Headlines about WORK stock have trended neutral recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Slack earned a daily sentiment score of 0.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutSlack.

Who are some of Slack's key competitors?

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), salesforce.com (CRM), Zoom Video Communications (ZM), Alibaba Group (BABA), Walt Disney (DIS), Roku (ROKU), Shopify (SHOP), Netflix (NFLX), Square (SQ) and Tesla (TSLA).

When did Slack IPO?

(WORK) raised $4.8 billion in an initial public offering (IPO) on Thursday, June 20th 2019. The company issued 118,400,000 shares at $38.25-$42.00 per share. DPO (Direct Public Offering) acted as the underwriter for the IPO.

What is Slack's stock symbol?

Slack trades on the New York Stock Exchange (NYSE) under the ticker symbol "WORK."

Who are Slack's major shareholders?

Slack's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Morgan Stanley (10.40%), Wellington Management Group LLP (5.65%), SB Investment Advisers UK Ltd. (3.12%), Alliancebernstein L.P. (1.52%), Principal Financial Group Inc. (0.82%) and Eaton Vance Management (0.31%). Company insiders that own Slack stock include Allen Shim, Andrew Braccia, Brandon Zell, Cal Henderson, Chamath Palihapitiya, David Schellhase, John Ofarrell, Marc L Andreessen, Parallel Fund Iv-A LP Ah, Robert Frati, Stewart Butterfield, Tamar Yehoshua and Thomas C Leonard. View institutional ownership trends for Slack.

Which major investors are selling Slack stock?

WORK stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Occidental Asset Management LLC, AlpInvest Partners B.V., Hamilton Lane Advisors LLC, HarbourVest Partners LLC, SB Investment Advisers UK Ltd., Strategic Wealth Advisors Group LLC, and Regis Management CO LLC. Company insiders that have sold Slack company stock in the last year include Allen Shim, Andrew Braccia, Brandon Zell, Cal Henderson, Chamath Palihapitiya, David Schellhase, John Ofarrell, Marc L Andreessen, Parallel Fund Iv-A LP Ah, Robert Frati, Stewart Butterfield, Tamar Yehoshua, and Thomas C Leonard. View insider buying and selling activity for Slack.

Which major investors are buying Slack stock?

WORK stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Wellington Management Group LLP, Alliancebernstein L.P., Yale University, BlackRock Inc., KAMES CAPITAL plc, Ieq Capital LLC, and Baillie Gifford & Co.. View insider buying and selling activity 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 $32.56.

How big of a company is Slack?

Slack has a market capitalization of $18.13 billion and generates $630.42 million in revenue each year. The company earns $-571,060,000.00 in net income (profit) each year or ($1.42) on an earnings per share basis. Slack employs 2,045 workers across the globe.

What is Slack's official website?

The official website for Slack is slack.com.

How can I contact Slack?

Slack's mailing address is 500 HOWARD STREET, SAN FRANCISCO CA, 94105. The company can be reached via phone at 415-630-7943.

This page was last updated on 6/6/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.