WalkMe Ltd. (NASDAQ:WKME – Get Free Report) has received a consensus rating of “Hold” from the eight brokerages that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $12.86.
Several analysts have recently weighed in on WKME shares. Citigroup decreased their price objective on WalkMe from $11.00 to $10.00 and set a “neutral” rating on the stock in a report on Thursday, May 23rd. Needham & Company LLC reiterated a “hold” rating on shares of WalkMe in a research note on Thursday, June 6th. Barclays dropped their price objective on shares of WalkMe from $8.50 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, May 23rd. Wells Fargo & Company decreased their target price on shares of WalkMe from $14.00 to $12.00 and set an “overweight” rating on the stock in a research report on Friday, May 3rd. Finally, BMO Capital Markets cut their price target on shares of WalkMe from $11.50 to $10.00 and set a “market perform” rating for the company in a research note on Thursday, May 23rd.
Read Our Latest Stock Analysis on WKME
Institutional Inflows and Outflows
WalkMe Price Performance
NASDAQ:WKME opened at $13.82 on Thursday. WalkMe has a one year low of $7.60 and a one year high of $14.09. The company has a fifty day moving average price of $13.86 and a 200 day moving average price of $10.71. The stock has a market cap of $1.20 billion, a P/E ratio of -31.41 and a beta of 0.15.
WalkMe (NASDAQ:WKME – Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04. WalkMe had a negative net margin of 16.55% and a negative return on equity of 9.60%. The business had revenue of $69.51 million during the quarter, compared to analyst estimates of $69.61 million. The business’s quarterly revenue was up 5.1% compared to the same quarter last year.
About WalkMe
WalkMe Ltd. provides cloud-based digital adaption platform and associated professional services in the United States and internationally. The company's AI-driven digital adoption platform helps companies to effectively navigate change brought by technology, which stack, identifies, and delivers the personalized guidance and automation.
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