WORKUS
After Hours
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Last Updated: Oct 18, 2019 7:58 p.m. EDT Delayed quote

$21.75

-0.06 -0.28%
After Hours Volume: 101.6K
Technology -0.61%
Close Chg Chg %
$21.81 -2.19 -9.13% -2.19 -9.13%
Advanced Charting
  • $
  • %
  • Vol
Advanced Charting
259.7% vs Avg.
Volume: 20.2M 65 Day Avg. - 7.8M
Open: 23.50
Close: 21.81
21.44 Day Low/High 23.60
Day Range
21.25 52 Week Low/High 42.00

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Key Data

  • Open $23.50
  • Day Range 21.44 - 23.60
  • 52 Week Range 21.25 - 42.00
  • Market Cap $11.87B
  • Shares Outstanding 194.09M
  • Public Float 212.34M
  • Beta 0.66
  • Rev. per Employee n/a
  • P/E Ratio n/a
  • EPS $-1.45
  • Yield n/a
  • Dividend n/a
  • Ex-Dividend Date n/a
  • Short Interest 29.15M 09/30/19
  • % of Float Shorted 13.73%
  • Average Volume 7.79M

Performance

5 Day
  • -16.08%
1 Month
  • -14.03%
3 Month
  • -30.32%
YTD n/a
1 Year n/a

Recent News

  • MarketWatch
  • WSJ

A German Banking Giant Bought Up Uber, Lyft, Beyond Meat, and Slack Stock

Commerzbank loaded up on newly public stocks that were slumping in the third quarter. All but Uber have continued to slip in October.

Tech Stocks Are Getting Shellacked as Investors Turn Cautious

Call it risk-off Friday. With huge uncertainty heading into the weekend on fronts from Brexit to the impeachment process to Syria, investors are dumping high-valuation tech shares.

Morgan Stanley Is Bullish on Microsoft Because IT Departments Love It

Microsoft has a key ally in its fight for business as companies move more software to the cloud: the people who run corporate information-technology departments.

Zoom’s CEO Says More Growth Is Coming, but the Valuation Is Still Sky High

Zoom Video Communications stock trades for more than 30 times forward revenues.

Read full story

Cloud software stocks slammed amid Workday fears, Morgan Stanley doubts

The Dow Is Going Nowhere Because Bad News Cancels Out Good Earnings

Data showed U.S. retail sales slumped in September, but earnings season continued its robust start.

Slack, ServiceNow, and Other Software Stocks Fall on Bearish Morgan Stanley Call

Keith Weiss trimmed his price targets on a host of high-multiple software stocks, and warned that growing competition and other factors will likely limit the multiple investors will pay for Slack.

Workday leads software stocks lower after analyst day

Workday Inc. shares are off more than 11% in Wednesday morning trading and pacing the declining software sector after the company held its user conference and analyst day. Several analysts flagged the company's commentary on its human-capital management product, which Workday expects to end the year with 20% growth, marking a slowdown. "Financials will need to continue to grow at healthy rates to offset this," wrote Jefferies analyst Brent Thill, though he said the attachment rate of financials to the core product is relatively low, suggesting opportunity. While Workday also announced some new products, Macquarie analyst Sarah Hindlian questioned the revenue potential for some of them. "For example, blockchain-enabled Workday Credentials allows verification of credentials such as employment and educational history," she wrote. "We think this is likely a limited market opportunity." Another issue for Workday is that its chief executive commented that the company has "definitely seen some delays" in deal activity, but Workday doesn't expect these to impact the business or result in cancellations. Other software stocks are getting hit in Wednesday trading as well, including Slack Technologies Inc. , which was the subject of a price-target cut at Morgan Stanley, and Adobe Systems Inc. , which received a Citi Research downgrade. Shares of Okta Inc. , Splunk Inc. , Zoom Video Communications Inc. , and Atlassian Corp. PLC are also down. The iShares Expanded Tech-Software ETF is off 2.3%, while the S&P 500 has lost 0.1%.

Slack has a 'tougher road to large opportunity,' says Morgan Stanley

Morgan Stanley analyst Keith Weiss lowered his price target on shares of Slack Technologies Inc. to $28 from $38 on Wednesday, writing that he expects a number of factors to impact Slack's trading multiple, including heightened competition, weakening IT spending, and mixed results in its most recently reported quarter. The stock is down 7% in Wednesday's session. Weiss sees a "tougher road to large opportunity" for the workplace messaging company, and because he doesn't forecast multiple expansion, he said any upside to the stock price will have to come from "more gradual outperformance over time." He rates the shares at equal weight. Slack's stock is off 33% over the past three months, as the S&P 500 has dropped 0.5%.

Is It Time to Buy SoftBank Stock? Wait for the Smoke to Clear, Analyst Says

The Japanese conglomerate has been ravaged in recent months by a toxic brew of bad investments and terrible press. LightShed Partners lays out the bull and bear cases.

Read full story

For hedge funds, software-as-a-service stocks are the new FAANG

Take Profits in CrowdStrike and Buy Some Workday Shares, Goldman Advises

CrowdStrike shares are trading sharply amid a broad market rally Friday, after Goldman Sachs analyst Heather Bellini cut her rating on the endpoint security software company to Sell from Neutral. Bellini also upped her rating on Workday to Buy from Neutral.

Slack Has 12 Million Daily Users, Up 37% From a Year Ago

The increase puts the user base close to the 13 million Microsoft has claimed for Teams, Slack’s most direct competitor.

Read full story

WeWork is a symptom of a disease that may not have a cure

Slack says it has more than 12 million active users

Slack Technologies Inc. said Thursday it had more than 12 million people "actively using Slack every day" in September, up about 37% year-on-year. The company also reported more than 6 million paid seats and said it had nearly 600,000 daily active registered developers. Slack last month reported second-quarter results that beat expectations, but shares fell after a weak earnings guidance for the third quarter stoked concerns about growth. Microsoft Corp. is July released statistics that suggested its Teams workplace chat app is more widely used than Slack. Shares of Slack rose 0.2% in the extended session after ending the regular trading day down 3%. The company went public in June.

Slack, Square and First Solar top a second round of stock ratings

Cody Willard completes his update of ‘Revolution’ stock ratings.

Buy Microsoft but Be ‘Selective’ on Pricey Enterprise Software Stocks

Brent Thill gives the software giant a new price target of $160, but he downgrades Oracle to a Hold from a Buy.

Read full story

Here’s where you can buy a home for $100,000 with monthly payments of $400

Shares of Zendesk drop 4% after it discloses security breach

Zendesk Inc. shares are down 4% Wednesday after it disclosed a security breach in a blog post. The service software company, whose customers include Uber Technologies Inc. and Slack Technologies Inc. , said it has notified some 10,000 accounts about a security incident that occurred before Nov. 1, 2016. "While our investigation is still ongoing, on September 24, 2019, we determined that information belonging to a small percentage of customers was accessed prior to November of 2016," Zendesk said in the post. Zendesk said some authentication information such as encryption keys was accessed for about 700 accounts. A Zendesk spokesperson was not immediately available for comment.

The Easy Ride Is Over for the IPO Market

Many high-profile stock debuts have disappointed in 2019. The good news is that investors have become more discriminating.

Fear Overtakes Greed in IPO Market After WeWork Debacle

Shares of newly public companies, earlier this year one of the hottest investments on Wall Street, are in a slump after investors soured on unprofitable startups from Uber Technologies to WeWork.

on The Wall Street Journal

Venture-Backed IPOs Hit Fundraising Record

Venture-backed companies going public so far this year have raised more money than in any full year on record, including during the dot-com boom.

on The Wall Street Journal

What Drove SoftBank’s Vision Fund Up Is Dragging It Down

SoftBank CEO Masayoshi Son is counting on five or six IPOs from the Vision Fund’s portfolio during the current fiscal year, but many of the fund’s companies are still burning through cash and losing money.

on The Wall Street Journal

Airbnb to Go Public Next Year

Airbnb expects to go public next year, the company said—the latest multibillion-dollar startup seeking to widen its investor base.

on The Wall Street Journal

SEC’s Clayton Says SEC Doesn’t Judge Direct Listings

The Securities and Exchange Commission doesn’t mind when companies go public using a cheaper ‘direct listing’ on exchanges instead of a more traditional underwritten IPO, the agency’s chairman said.

on The Wall Street Journal

WeWork’s Parent Postpones IPO

WeWork’s parent postponed its initial public offering after investors questioned how much the company is worth and raised concerns about its corporate governance.

on The Wall Street Journal

SoftBank to Buy at Least $750 Million of WeWork Parent Shares in IPO

SoftBank plans to buy at least $750 million of the shares in WeWork’s impending IPO, a move that could allow the office-sharing company to shore up an offering that has been plagued by tepid investor demand.

on The Wall Street Journal

WeWork to List on Nasdaq, Make Governance Changes

WeWork’s parent chose to list on Nasdaq and outlined sweeping governance changes as it speeds up IPO preparations in the face of tepid investor interest.

on The Wall Street Journal

Slack Intensifies War of Words With Microsoft

Competition is heating up between Microsoft and its smaller rival Slack Technologies, as the companies battle in the market for providing software that helps workers communicate and complete a range of office tasks.

on The Wall Street Journal

Stocks to Watch: Slack, Palo Alto Networks, MongoDB, and More

Slack Technologies, Palo Alto Networks, database-software provider MongoDB, software maker Smartsheet, Cloudera, and aerospace and defense company AeroVironment are among Thursday’s stocks to watch.

on The Wall Street Journal

Slack Was Too Tightly Wound

The company’s results showed predictable strong revenue growth, deeper operating losses and continued cash burn as it continues to prioritize its expansion. The stock slid nearly 14% after hours.

on The Wall Street Journal

Slack Shares Plunge Despite Raising Full-Year Outlook

Slack raised its outlook for the year after posting strong revenue growth in its first earnings report since its IPO in June. But it forecast a wider-than-expected loss excluding certain costs than analysts had forecast, sending shares down 13% in after-hours trading.

on The Wall Street Journal

Don’t Ignore This Message About Slack

Even if the communications technology company can achieve the growth that it expects, its stock looks overpriced.

on The Wall Street Journal

Alibaba Puts Hong Kong Listing on Hold as Protests Roil City

Alibaba has postponed plans for a multibillion-dollar share listing in Hong Kong, as protests now in their third month exact a deepening economic cost.

on The Wall Street Journal

Airbnb’s First-Quarter Financials Show Strong Growth Rate, Cash Reserves

The San Francisco-based travel company had about $3.5 billion in cash on its balance sheet as of March 31, according to multiple people familiar with Airbnb’s finances. Technology businesses often drown in marketing costs, but Airbnb has been able to grow while keeping these expenditures in line.

on The Wall Street Journal

WeWork IPO Filing Shows Revenue Growth, Wide Losses

WeWork’s parent company unveiled the papers for its initial public offering, depicting a firm whose revenue growth is steep but whose losses have grown substantially as well.

on The Wall Street Journal

AI Is Hot and SoftBank Is Offering Cash to Burn

SoftBank’s plans for a second technology megafund focused on artificial-intelligence startups is poised to flood an already-hyped sector with more money.

on The Wall Street Journal

SoftBank’s Vision Fund 2 Plans to Begin Investing as Soon as Next Month

The sequel to the world’s biggest technology investment fund could start investing billions of dollars as early as next month in a venture-capital market already awash with money.

on The Wall Street Journal

Why SoftBank Needs a Second Vision Fund

Softbank could use a second technology megafund following the success of its Vision Fund, which has added a powerful shot of growth to the company’s recent financial results.

on The Wall Street Journal

Enterprise-Tech IPOs Spark ‘Gold Rush’

Information-technology startups are seeing strong stock-market debuts thanks to increased corporate spending on cloud computing, artificial intelligence and other digital tools and services.

on The Wall Street Journal

Recent News

  • Other News
  • Press Releases

Slack Technologies (WORK) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Slack Technologies (WORK) closed at $24, marking a +1.52% move from the previous day.

on Zacks.com

Are Options Traders Betting on a Big Move in Slack Technologies (WORK) Stock?

Investors need to pay close attention to Slack Technologies (WORK) stock based on the movements in the options market lately.

on Zacks.com

4 Cybersecurity Stocks to Buy for Long-Term Gains

4 Cybersecurity Stocks to Buy for Long-Term Gains

on InvestorPlace.com

Mike Khouw Sees Unusual Options Activity In Slack

Mike Khouw Sees Unusual Options Activity In Slack

on benzinga.com

Mike Khouw Sees Unusual Options Activity In Slack

Mike Khouw Sees Unusual Options Activity In Slack

on benzinga.com

Shopify Stock Looks Ready for Another Pullback

Shopify Stock Looks Ready for Another Pullback

on InvestorPlace.com

Lockup Expirations Looming: Stocks To Focus On

The IPO frenzy earlier this year means that we are on the brink of a lockup expiration frenzy. This could either mean a buying opportunity or a signal to stay away.

on Zacks.com

Stock Market Today: Rate Cut or No Cut?

Stock Market Today: Rate Cut or No Cut?

on InvestorPlace.com

Slack -1.5% on Morgan Stanley trim

Slack -1.5% on Morgan Stanley trim

on Seeking Alpha

Slack: Awesome Company, But Wrong Price

Slack: Awesome Company, But Wrong Price

on Seeking Alpha

5 Stocks to Buy in the Mighty Middle

5 Stocks to Buy in the Mighty Middle

on InvestorPlace.com

IPO Lessons For Public Market Investors

IPO Lessons For Public Market Investors

on Seeking Alpha

Would Facebook Stock Benefit From a Workplace Spinoff?

Would Facebook Stock Benefit From a Workplace Spinoff?

on InvestorPlace.com

Cheaper Doesn’t Mean Cheap for Lyft Stock

Cheaper Doesn’t Mean Cheap for Lyft Stock

on InvestorPlace.com

Son plots cautious strategy for Vision Fund 2 - CNBC

Son plots cautious strategy for Vision Fund 2 - CNBC

on Seeking Alpha

Wall Street Breakfast: Crude Rallies After Latest Tanker Attack

Wall Street Breakfast: Crude Rallies After Latest Tanker Attack

on Seeking Alpha

SoftBank's Vision Fund Falls From Venture Capital Grace

SoftBank’s Vision Fund Falls From Venture Capital Grace

on GuruFocus.com

Slack's Poor Quality Of Customers (And 5 Other Reasons Not To Buy Shares)

Slack's Poor Quality Of Customers (And 5 Other Reasons Not To Buy Shares)

on Seeking Alpha

Is This a ‘Dead Cat Bounce’ for Okta Stock?

Is This a ‘Dead Cat Bounce’ for Okta Stock?

on InvestorPlace.com

Wall Street Breakfast: Tensions Deepen Ahead Of Trade Talks

Wall Street Breakfast: Tensions Deepen Ahead Of Trade Talks

on Seeking Alpha

Slack Technologies, Inc. (WORK), Eldorado Resorts, Inc. (ERI) & Sundial Growers Inc. (SNDL) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action

Slack Technologies, Inc. (WORK), Eldorado Resorts, Inc. (ERI) & Sundial Growers Inc. (SNDL) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action

on GlobeNewswire

Slack Technologies, Inc. (WORK), Eldorado Resorts, Inc. (ERI) & Sundial Growers Inc. (SNDL) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action

Slack Technologies, Inc. (WORK), Eldorado Resorts, Inc. (ERI) & Sundial Growers Inc. (SNDL) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action

on GlobeNewswire

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Ollie's, FarFetch, Slack, and Eldorado Resorts and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Ollie's, FarFetch, Slack, and Eldorado Resorts and Encourages Investors to Contact the Firm

on GlobeNewswire

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Ollie's, FarFetch, Slack, and Eldorado Resorts and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Ollie's, FarFetch, Slack, and Eldorado Resorts and Encourages Investors to Contact the Firm

on GlobeNewswire

SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against Against Altria Group, Inc.- MO

SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against Against Altria Group, Inc.- MO

on GlobeNewswire

SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against Against Altria Group, Inc.- MO

SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against Against Altria Group, Inc.- MO

on GlobeNewswire

Slack Technologies, Inc. (WORK), Eldorado Resorts, Inc. (ERI) & Sundial Growers Inc. (SNDL) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action

Slack Technologies, Inc. (WORK), Eldorado Resorts, Inc. (ERI) & Sundial Growers Inc. (SNDL) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action

on GlobeNewswire

Slack Technologies, Inc. (WORK), Eldorado Resorts, Inc. (ERI) & Sundial Growers Inc. (SNDL) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action

Slack Technologies, Inc. (WORK), Eldorado Resorts, Inc. (ERI) & Sundial Growers Inc. (SNDL) - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action

on GlobeNewswire

SLACK SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

SLACK SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

on Newsfile Corp

SLACK (WORK) DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

SLACK (WORK) DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

on Newsfile Corp

DEADLINE ALERT for PUMP, DXC, OLLI, and WORK: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

DEADLINE ALERT for PUMP, DXC, OLLI, and WORK: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

on GlobeNewswire

Enterprise Content Management (ECM) Market: Global Industry Analysis, Size, Share, Growth and Forecast 2017-2023

Enterprise Content Management (ECM) Market: Global Industry Analysis, Size, Share, Growth and Forecast 2017-2023

on AmericaNewsHour

SLACK DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

SLACK DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

on Newsfile Corp

Enterprise Content Management Market, Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2026

Enterprise Content Management Market, Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2026

on AmericaNewsHour

SLACK DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

SLACK DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

on Newsfile Corp

SLACK DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

SLACK DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

on Newsfile Corp

Slack Appoints Symantec SVP and CIO Sheila B. Jordan to Board of Directors

Slack Appoints Symantec SVP and CIO Sheila B. Jordan to Board of Directors

on BusinessWire - BZX

Global Enterprise Collaboration Market: Size, Share, Growth Analysis, Facilities & Services, Current Trends, Technology Demand and Forecast (2019-2024)

Global Enterprise Collaboration Market: Size, Share, Growth Analysis, Facilities & Services, Current Trends, Technology Demand and Forecast (2019-2024)

on The Express Wire

Work Flow Management System Market Overview, Current Trends, Size, Share, Global Industry Growth Analysis and Opportunities by Forecast to 2023

Work Flow Management System Market Overview, Current Trends, Size, Share, Global Industry Growth Analysis and Opportunities by Forecast to 2023

on Heraldkeepers

SLACK DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

SLACK DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Slack Technologies, Inc. To Contact The Firm

on Newsfile Corp

Slack Technologies Inc.

Slack Technologies, Inc. develops and publishes real-time collaboration applications and platforms. It provides engineering, sales, marketing, IT, project management and human resources solutions. The company was founded by Daniel Stewart Butterfield, Eric Costello, Callum James Henderson-Begg, and Serguei Mourachov in 2009 and is headquartered in San Francisco, CA. (See Full Profile)

Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 17 Full Ratings