WallStreetZen

NYSE: WORK
Slack Technologies Inc Stock Forecast, Predictions & Price Target

Analyst price target for WORK

Based on 16 analysts offering 12 month price targets for Slack Technologies Inc.
Min Forecast
$20.00-50.56%
Avg Forecast
$35.31-12.7%
Max Forecast
$46.00+13.72%

Should I buy or sell WORK stock?

Hold
Strong Buy
2 analysts 11.76%
Buy
3 analysts 17.65%
Hold
10 analysts 58.82%
Sell
1 analysts 5.88%
Strong Sell
1 analysts 5.88%

WORK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
David Hynes
Canaccord Genuity
Strong BuyMaintains$32.00-19.90%2020-09-09
Drew Kootman
Cantor Fitzgerald
Strong BuyMaintains$38.00-4.88%2020-06-05
Shebly Seyrafi
FBN Securities
BuyInitiates Coverage On$45.00+12.64%2020-07-17
J. Derrick Wood
Cowen & Co.
BuyInitiates Coverage On$45.00+12.64%2020-06-02
Alex Zukin
RBC Capital
BuyMaintains$28.00-29.91%2020-03-27
Keith Weiss
Morgan Stanley
HoldUpgrades$44.00+10.14%2020-12-09
Ryan Macwilliams
Stephens & Co.
HoldDowngradesN/AN/A2020-12-02
Anonymous
Credit Suisse
HoldMaintains$45.00+12.64%2020-12-02
Michael Turrin
Wells Fargo
HoldDowngrades$46.00+15.14%2020-12-02
Brent Bracelin
Piper Sandler
HoldDowngrades$45.00+12.64%2020-12-02

1 of 2

Forecast return on equity

Is WORK forecast to generate an efficient return?
Company
-21.35%
Industry
59.21%
Market
72.89%
WORK's Return on Equity is forecast to be low in 3 years (-21.35%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is WORK forecast to generate an efficient return on assets?
Company
-7.9%
Industry
4.61%
Market
13.19%
WORK is forecast to generate lower Return on Assets (-7.9%) than the US Software - Application industry average (4.61%)
Forecast

WORK earnings per share forecast

What is WORK's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
-$0.44+1.56%
Avg 2 year Forecast
-$0.32-25.58%

WORK revenue forecast

What is WORK's revenue in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.1B+37.59%
Avg 2 year Forecast
$1.4B+68.07%

WORK revenue growth forecast

How is WORK forecast to perform vs Software - Application companies and vs the US market?
Company
29.64%
Industry
19.73%
Market
15.8%

Slack Stock Forecast FAQ

Is Slack Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NYSE: WORK) stock is to Hold WORK stock.

Out of 17 analysts, 2 (11.76%) are recommending WORK as a Strong Buy, 3 (17.65%) are recommending WORK as a Buy, 10 (58.82%) are recommending WORK as a Hold, 1 (5.88%) are recommending WORK as a Sell, and 1 (5.88%) are recommending WORK as a Strong Sell.

What is WORK's Price Target?

According to 16 Wall Street analysts that have issued a 1 year WORK price target, the average WORK price target is $35.31, with the highest WORK stock price forecast at $46.00 and the lowest WORK stock price forecast at $20.00.

On average, Wall Street analysts predict that Slack's share price could stay at $35.31 by Dec 9, 2021. The average Slack stock price prediction forecasts a potential downside of N/A from the current WORK share price of $39.95.

What is WORK's earnings growth forecast for 2022-2023?

(NYSE: WORK) Slack's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 5.06%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 30.63%.

Slack's earnings in 2021 is -$307,464,000.On average, 3 Wall Street analysts forecast WORK's earnings for 2022 to be $-249,148,094, with the lowest WORK earnings forecast at $-296,672,793, and the highest WORK earnings forecast at $-205,388,857.

In 2023, WORK is forecast to generate $-182,567,873 in earnings, with the lowest earnings forecast at $-228,209,841 and the highest earnings forecast at $-136,925,904.

What is WORK's Earnings Per Share (EPS) forecast for 2022-2023?

(NYSE: WORK) Slack's current Earnings Per Share (EPS) is -$0.43. On average, analysts forecast that WORK's EPS will be $-0.44 for 2022, with the lowest EPS forecast at $-0.52, and the highest EPS forecast at $-0.36. In 2023, WORK's EPS is forecast to hit $-0.32 (min: $-0.40, max: $-0.24).

What is WORK's revenue growth forecast for 2022-2023?

(NYSE: WORK) Slack's forecast annual revenue growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.79%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 15.95%.

Slack's revenue in 2021 is $833,915,000.On average, 5 Wall Street analysts forecast WORK's revenue for 2022 to be $654,586,837,908, with the lowest WORK revenue forecast at $644,692,800,260, and the highest WORK revenue forecast at $681,851,067,588.

In 2023, WORK is forecast to generate $799,618,755,933 in revenue, with the lowest revenue forecast at $788,464,999,964 and the highest revenue forecast at $810,772,511,902.

What is WORK's forecast return on equity (ROE) for 2022-2023?

(NYSE: WORK) forecast ROE is -21.35%, which is considered weak.

What is WORK's forecast return on assets (ROA) for 2022-2023?

(NYSE: WORK) forecast ROA is -7.9%, which is lower than the forecast US Software - Application industry average of 4.61%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.