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NYSE:WORKSlack Stock Price, Forecast & News

+2.51 (+7.71 %)
(As of 05/29/2020 04:00 PM ET)
Today's Range
Now: $35.05
50-Day Range
MA: $28.63
52-Week Range
Now: $35.05
Volume33.34 million shs
Average Volume12.86 million shs
Market Capitalization$19.52 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.
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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
SectorBusiness Services



Sales & Book Value

Annual Sales$630.42 million
Book Value$1.30 per share


Net Income$-571,060,000.00


Market Cap$19.52 billion
Next Earnings Date6/4/2020 (Confirmed)
OptionableNot Optionable

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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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WORK stock has increased by 48.4% and is now trading at $35.05. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Slack?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Slack in the last year. There are currently 1 sell rating, 8 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 Thursday, June 4th 2020. View our earnings forecast for Slack.

How can I listen to Slack's earnings call?

Slack will be holding an earnings conference call on Thursday, June 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Slack's earnings last quarter?

Slack (NYSE:WORK) released its earnings results on Thursday, March, 12th. The company reported ($0.04) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.02. The firm earned $181.90 million during the quarter, compared to the consensus estimate of $174.24 million. Slack had a negative net margin of 90.58% and a negative return on equity of 138.05%. Slack's revenue was up 49.1% on a year-over-year basis. View Slack's earnings history.

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

Slack updated its FY21 earnings guidance on Thursday, March, 12th. The company provided EPS guidance of $(0.21)-(0.19) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.22). The company issued revenue guidance of $842-862 million, compared to the consensus revenue estimate of $847.91 million.

What price target have analysts set for WORK?

23 analysts have issued 12 month price targets for Slack's shares. Their forecasts range from $14.00 to $44.00. On average, they expect Slack's stock price to reach $29.91 in the next twelve months. This suggests that the stock has a possible downside of 14.7%. View analysts' price targets for Slack.

Has Slack been receiving favorable news coverage?

News articles about WORK stock have been trending very negative on Saturday, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Slack earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect 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 IPO 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'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 many different institutional and retail 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 institutional 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 institutional investors are buying Slack stock?

WORK stock was acquired 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 $35.05.

How big of a company is Slack?

Slack has a market capitalization of $19.52 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 5/30/2020 by MarketBeat.com Staff

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