Slack Technologies Stock Forecast, Price & News

Slack Technologies (NYSE:WORK) Frequently Asked Questions

Is Slack Technologies a buy right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Slack Technologies in the last year. There are currently 13 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Slack Technologies stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WORK, but not buy additional shares or sell existing shares.
View analyst ratings for Slack Technologies or view top-rated stocks.

What stocks does MarketBeat like better than Slack Technologies?

Wall Street analysts have given Slack Technologies a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Slack Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How were Slack Technologies' earnings last quarter?

Slack Technologies, Inc. (NYSE:WORK) announced its quarterly earnings results on Wednesday, June, 2nd. The company reported $0.08 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.01) by $0.09. The business earned $273.40 million during the quarter, compared to analysts' expectations of $264.98 million. Slack Technologies had a negative trailing twelve-month return on equity of 23.43% and a negative net margin of 25.98%. Slack Technologies's revenue was up 35.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.02) earnings per share.
View Slack Technologies' earnings history.

What price target have analysts set for WORK?

14 brokers have issued 12 month price objectives for Slack Technologies' stock. Their forecasts range from $36.00 to $46.00. On average, they anticipate Slack Technologies' share price to reach $43.25 in the next year. This suggests that the stock has a possible downside of 4.3%.
View analysts' price targets for Slack Technologies or view top-rated stocks among Wall Street analysts.

Who are Slack Technologies' key executives?

Slack Technologies' management team includes the following people:

• Mr. Daniel Stewart Butterfield, Co-Founder, CEO & Chairman (Age 47, Pay $715.42k)
• Mr. Allen Shim, CFO & Treasurer (Age 39, Pay $419.63k) (LinkedIn Profile)
• Mr. Robert Frati, Sr. VP of Sales & Customer Success (Age 52, Pay $737.46k)
• Mr. Cal Henderson, Co-Founder & CTO (Age 40)
• Brandon Zell, Chief Accounting Officer
• Mr. Jesse Wade Hulsing, VP of Fin. & Investor Relations
• Mr. David R. Schellhase, Gen. Counsel & Corp. Sec. (Age 57)
• Ms. Julie Liegl, Chief Marketing Officer
• Mr. Brad Armstrong, VP of Bus. Devel. & Corp. Devel.
• Ms. Nadia Nicole Rawlinson, Chief People Officer (Age 41)

What is Stewart Butterfield's approval rating as Slack Technologies' CEO?

487 employees have rated Slack Technologies CEO Stewart Butterfield on Glassdoor.com. Stewart Butterfield has an approval rating of 98% among Slack Technologies' employees. This puts Stewart Butterfield in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. 95.0% of employees surveyed would recommend working at Slack Technologies to a friend.

Who are some of Slack Technologies' key competitors?

Some companies that are related to Slack Technologies include Snowflake (SNOW), Dassault Systèmes (DASTY), Autodesk (ADSK), VMware (VMW), Twilio (TWLO), CrowdStrike (CRWD), Activision Blizzard (ATVI), Atlassian (TEAM), Palantir Technologies (PLTR), NetEase (NTES), DocuSign (DOCU), Synopsys (SNPS), Veeva Systems (VEEV), Datadog (DDOG) and Cadence Design Systems (CDNS).
View all of WORK's competitors.

What other stocks do shareholders of Slack Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Slack Technologies investors own include NVIDIA (NVDA), Zoom Video Communications (ZM), Tesla (TSLA), Square (SQ), salesforce.com (CRM), Advanced Micro Devices (AMD), DocuSign (DOCU), PayPal (PYPL), The Walt Disney (DIS) and Alibaba Group (BABA).

When did Slack Technologies IPO?

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

What is Slack Technologies' stock symbol?

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

Who are Slack Technologies' major shareholders?

Slack Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.48%), Franklin Resources Inc. (1.40%), FMR LLC (1.32%), Morgan Stanley (1.13%), Morgan Stanley (1.13%) and Renaissance Technologies LLC (1.01%). Company insiders that own Slack Technologies stock include Allen Shim, Andrew Braccia, Brandon Zell, Cal Henderson, David Schellhase, Graham Smith, John Ofarrell, Marc L Andreessen, Robert Frati, Stewart Butterfield, Tamar Yehoshua and Thomas C Leonard.
View institutional ownership trends for Slack Technologies.

Which institutional investors are selling Slack Technologies stock?

WORK stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., BNP Paribas Arbitrage SA, Susquehanna International Group LLP, PEAK6 Investments LLC, Credit Suisse AG, Alpine Associates Management Inc., Citadel Advisors LLC, and Public Sector Pension Investment Board. Company insiders that have sold Slack Technologies company stock in the last year include Allen Shim, Brandon Zell, Cal Henderson, David Schellhase, Graham Smith, Robert Frati, Stewart Butterfield, and Tamar Yehoshua.
View insider buying and selling activity for Slack Technologies or view top insider-selling stocks.

Which institutional investors are buying Slack Technologies stock?

WORK stock was acquired by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Toronto Dominion Bank, Toronto Dominion Bank, Alyeska Investment Group L.P., Melqart Asset Management UK Ltd, Renaissance Technologies LLC, Balyasny Asset Management LLC, and Segantii Capital Management Ltd.
View insider buying and selling activity for Slack Technologies or or view top insider-buying stocks.

What is Slack Technologies' stock price today?

One share of WORK stock can currently be purchased for approximately $45.20.

How much money does Slack Technologies make?

Slack Technologies has a market capitalization of $26.52 billion and generates $902.61 million in revenue each year. The company earns $-300,420,000.00 in net income (profit) each year or ($0.46) on an earnings per share basis.

How many employees does Slack Technologies have?

Slack Technologies employs 2,545 workers across the globe.

Does Slack Technologies have any subsidiaries?

The following companies are subsidiares of Slack Technologies: Astro Technology, HipChat, Missions, Rimeto, Screenhero Inc, Slack Australia Pty Limited, Slack Canada Ltd, Slack France, Slack Fund L.L.C., Slack India LLP, Slack Japan KK, Slack Netherlands B.V., Slack Singapore PTE LTD, Slack Sweden AB, Slack Technologies GmbH, Slack Technologies Korea LLC, Slack Technologies Limited, Slack UK Limited, and Stride.

When was Slack Technologies founded?

Slack Technologies was founded in 2009.

What is Slack Technologies' official website?

The official website for Slack Technologies is slack.com.

Where are Slack Technologies' headquarters?

Slack Technologies is headquartered at 500 HOWARD STREET, SAN FRANCISCO CA, 94105.

How can I contact Slack Technologies?

Slack Technologies' mailing address is 500 HOWARD STREET, SAN FRANCISCO CA, 94105. The company can be reached via phone at 415-630-7943 or via email at [email protected].