Jefferies (NYSE:JEF) analyst Philip Ng maintained a Buy rating on Slack Technologies (NYSE:WORK) Inc on Monday, setting a price target of $75, which is approximately 69.38% above the present share price of $44.28.
Ng expects Slack Technologies Inc to post earnings per share (EPS) of -$0.05 for the second quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Slack Technologies, with an average price target of $60.
The analysts price targets range from a high of $75 to a low of $45.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $273.36 million and a net profit of -$55.28 million. The company's market cap is $25.98 billion.
According to TipRanks.com, Jefferies analyst Philip Ng is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.5% and a 71.43% success rate.
Incorporated in 2009 and based in California, Slack Technologies, Inc. operates Slack, a business technology software platform, which brings together people, applications, and data, as well as sells its offering under a software-as-a-service model.