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.
Industry, Sector and Symbol
Industry Miscellaneous business services
Sub-IndustryN/A
SectorBusiness Services
CIKN/A
Phone855-980-5920
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$400.55 million
Profitability
Miscellaneous
Employees1,664
Next Earnings Date12/4/2019 (Estimated)
OptionableNot Optionable
Slack (NYSE:WORK) Frequently Asked Questions
What is Slack's stock symbol?
Slack trades on the New York Stock Exchange (NYSE) under the ticker symbol "WORK."
How were Slack's earnings last quarter?
Slack (NYSE:WORK) issued its earnings results on Wednesday, September, 4th. The company reported ($0.98) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.03) by $0.05. The business had revenue of $144.97 million for the quarter, compared to the consensus estimate of $140.60 million. View Slack's Earnings History.
When is Slack's next earnings date?
What guidance has Slack issued on next quarter's earnings?
Slack updated its third quarter earnings guidance on Wednesday, September, 4th. The company provided earnings per share (EPS) guidance of ($0.09-0.08) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.07). The company issued revenue guidance of $154-156 million, compared to the consensus revenue estimate of $153.55 million.
What price target have analysts set for WORK?
16 brokers have issued 1-year price objectives for Slack's shares. Their forecasts range from $26.00 to $44.00. On average, they expect Slack's stock price to reach $35.81 in the next twelve months. This suggests a possible upside of 59.0% from the stock's current price. View Analyst Price Targets for Slack.
What is the consensus analysts' recommendation for Slack?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Slack in the last year. There are currently 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Slack.
What are Wall Street analysts saying about Slack stock?
Here are some recent quotes from research analysts about Slack stock:
- 1. According to Zacks Investment Research, "Slack Technologies Inc. operates Slack, a business technology software platform primarily in the United States and internationally. Its platform sells software-as-a-service model. Slack Technologies Inc. is based in San Francisco, California. " (10/5/2019)
- 2. KeyCorp analysts commented, "We estimate revenue growth could exceed 53% y/y even with a slight drag from service outage credits. We remain buyers of WORK as a category pioneer with multi-billion-dollar revenue potential, particularly given shares have declined 26% from the opening direct listing price of $38.50 vs. Nasdaq -1%." (8/25/2019)
Has Slack been receiving favorable news coverage?
Media stories about WORK stock have trended somewhat positive on Monday, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Slack earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Slack.
Who are some of Slack's key competitors?
What other stocks do shareholders of Slack own?
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) served as the underwriter for the IPO.
When does the company's lock-up period expire?
Slack's lock-up period expires on Tuesday, December 17th. Slack had issued 118,429,640 shares in its public offering on June 20th. The total size of the offering was $4,559,541,140 based on an initial share price of $38.50. After the end of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.
Who are Slack's major shareholders?
Slack's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Coastal Investment Advisors Inc. (0.02%), Commerzbank Aktiengesellschaft FI (0.02%), Brio Consultants LLC (0.01%), Envestnet Asset Management Inc. (0.00%), Wedbush Securities Inc. (0.00%) and Baldwin Brothers Inc. MA (0.00%). Company insiders that own Slack stock include Allen Shim, Brandon Zell, Cal Henderson, Chamath Palihapitiya, David Schellhase, Parallel Fund Iv-A LP Ah, Robert Frati, Stewart Butterfield 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 Coastal Investment Advisors Inc.. Company insiders that have sold Slack company stock in the last year include Allen Shim, Brandon Zell, Cal Henderson, Chamath Palihapitiya, David Schellhase, Parallel Fund Iv-A LP Ah, Robert Frati, Stewart Butterfield and Thomas C Leonard. View Insider Buying and Selling for Slack.
Which institutional investors are buying Slack stock?
WORK stock was acquired by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Brio Consultants LLC, Wedbush Securities Inc., Baldwin Brothers Inc. MA, Envestnet Asset Management Inc. and Sterling Investment Advisors Ltd.. View Insider Buying and Selling 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 $22.52.
How big of a company is Slack?
What is Slack's official website?
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 855-980-5920.
MarketBeat Community Rating for Slack (NYSE WORK)
MarketBeat's community ratings are surveys of what our community members think about Slack and other stocks. Vote "Outperform" if you believe WORK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WORK will underperform the S&P 500 over the long term. You may vote once every thirty days.
