Canaccord Genuity analyst David Hynes maintained a Buy rating on Slack Technologies (NYSE:WORK) Inc on Wednesday, setting a price target of $32, which is approximately 8.70% above the present share price of $29.44.
Hynes expects Slack Technologies Inc to post earnings per share (EPS) of -$0.13 for the fourth quarter of 2020.
The current consensus among 17 TipRanks analysts is for a Moderate Buy rating of shares in Slack Technologies, with an average price target of $32.27.
The analysts price targets range from a high of $45 to a low of $20.
In its latest earnings report, released on 07/31/2020, the company reported a quarterly revenue of $215.86 million and a net profit of -$68.63 million. The company's market cap is $15.85 billion.
According to TipRanks.com, Canaccord Genuity analyst David Hynes is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 33.2% and a 77.99% success rate.
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.