NYSE:WE WeWork (WE) Stock Forecast, Price & News $0.13 -0.08 (-38.83%) (As of 08/9/2023 ET) Add Compare Share Share Today's Range$0.12▼$0.1750-Day Range$0.13▼$0.2952-Week Range$0.12▼$5.94Volume130.62 million shsAverage Volume14.93 million shsMarket Capitalization$268.35 millionP/E RatioN/ADividend YieldN/APrice Target$3.59 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media WeWork MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside2,749.2% Upside$3.59 Price TargetShort InterestHealthy2.35% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.26Based on 33 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.77 out of 5 starsBusiness Services Sector227th out of 320 stocksNonresidential Building Operators Industry4th out of 4 stocks 3.3 Analyst's Opinion Consensus RatingWeWork has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.59, WeWork has a forecasted upside of 2,749.2% from its current price of $0.13.Amount of Analyst CoverageWeWork has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.35% of the outstanding shares of WeWork have been sold short.Short Interest Ratio / Days to CoverWeWork has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in WeWork has recently increased by 2.96%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldWeWork does not currently pay a dividend.Dividend GrowthWeWork does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WE. Previous Next 1.5 News and Social Media Coverage News SentimentWeWork has a news sentiment score of -0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 33 news articles for WeWork this week, compared to 5 articles on an average week.Search Interest41 people have searched for WE on MarketBeat in the last 30 days. This is an increase of 86% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added WeWork to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, WeWork insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.00% of the stock of WeWork is held by insiders.Percentage Held by Institutions81.61% of the stock of WeWork is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of WeWork is -0.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of WeWork is -0.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About WeWork (NYSE:WE) StockWeWork Inc. provides flexible workspace solutions to individuals and organizations worldwide. The company offers workstation, private office, and customized floor solutions; and various amenities and services, such as private phone booths, internet, high-speed business printers and copiers, mail and package handling, front desk services, off-peak building access, common areas, and daily enhanced cleaning solutions. It also provides various value-add services; business and technical service solutions, including professional employer organization and payroll services, remote workforce solutions, human resources benefits, dedicated bandwidth, and IT equipment co-location solutions. In addition, the company offers WeWork All Access, a monthly subscription-based model that allows members to book workspaces, conference rooms, and private offices; WeWork On Demand, which enables users with pay-as-you-go access to book individual workspace or conference rooms at nearby WeWork locations; and WeWork Workplace, a turnkey workspace management solution for landlords, operators, and enterprises. WeWork Inc. was founded in 2010 and is headquartered in New York, New York.Read More WE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WE Stock News HeadlinesAugust 8, 2023 | marketbeat.comWeWork warns there's 'substantial doubt' about its ability to stay in businessWeWork is warning there’s “substantial doubt” about its ability stay in business over the next year because of its financial losses and its need for cash, among other factorsAugust 9, 2023 | msn.comOnce worth $47 billion, WeWork shares near zero after bankruptcy warningAugust 10, 2023 | Altimetry (Ad)Biden's latest bailout--terrible for America?And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—August 9, 2023 | nytimes.comWeWork Has Sent a Distress Signal. Here’s What to Know.August 9, 2023 | businessinsider.comWeWork could head to the scrapyard of American dreams. There's stark warning in there for AI.August 9, 2023 | reuters.comWeWork multitasked when it had just one jobAugust 9, 2023 | msn.comWeWork bonds crater as investors shift into sell mode on ‘going concern’ warningAugust 9, 2023 | finance.yahoo.comWeWork stock plunges after company raises 'substantial doubt' about its futureAugust 10, 2023 | Altimetry (Ad)Biden's latest bailout--terrible for America?And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—August 9, 2023 | finance.yahoo.comWeWork Taps Directors With Bankruptcy Chops After Board ResignationsAugust 9, 2023 | investorplace.comWE Stock Alert: Is WeWork About to Go Bankrupt?August 9, 2023 | msn.comStocks making the biggest moves premarket: Penn Gaming, Lyft, WeWork and moreAugust 9, 2023 | reuters.comWeWork shares sink after warning of bankruptcy riskAugust 9, 2023 | bloomberg.comWeWork’s Glass Walls Are Starting to Close InAugust 9, 2023 | markets.businessinsider.comWeWork just warned it might fail, signaling commercial real estate is in serious troubleAugust 9, 2023 | finance.yahoo.comWeWork Stock Tumbles. It Warned It Has ‘Substantial Doubt’ About Staying in Business.August 9, 2023 | uk.finance.yahoo.comWeWork warns of collapse as work-from-home boom hitsAugust 9, 2023 | finance.yahoo.comInflation print, Penn-ESPN deal, WeWork operations: 3 ThingsAugust 9, 2023 | finance.yahoo.comWeWork warns of possible collapse after $700 million net lossAugust 9, 2023 | msn.comWeWork warns of bankruptcy risk after years of lossesAugust 9, 2023 | finance.yahoo.comWeWork Raises Doubt About Its SurvivalAugust 8, 2023 | marketwatch.comWeWork Posts Wider-Than-Expected Loss Amid Low DemandAugust 8, 2023 | ca.finance.yahoo.comWeWork goes from a $47B valuation to 'substantial doubts' about its 'ability to continue as a going concern'August 8, 2023 | ft.comNobody wants to WeWork these daysAugust 8, 2023 | cnbc.comFrom $40 billion to 'going concern' — WeWork warns of possible bankruptcyAugust 8, 2023 | finance.yahoo.comWeWork Announces Board UpdatesAugust 8, 2023 | finance.yahoo.comWeWork Reports Second Quarter 2023 ResultsSee More Headlines Receive WE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for WeWork and its competitors with MarketBeat's FREE daily newsletter. Email Address WE Company Calendar Last Earnings5/09/2023Today8/09/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Nonresidential building operators Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:WE CUSIPN/A CIK1813756 Webwww.we.co Phone646-389-3922FaxN/AEmployees4,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.59 High Stock Price Forecast$8.00 Low Stock Price Forecast$0.20 Forecasted Upside/Downside+2,749.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($2.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-2,034,000,000.00 Net Margins-55.96% Pretax Margin-62.66% Return on EquityN/A Return on Assets-10.24% Debt Debt-to-Equity RatioN/A Current Ratio0.37 Quick Ratio0.37 Sales & Book Value Annual Sales$3.25 billion Price / Sales0.08 Cash FlowN/A Price / Cash FlowN/A Book Value($4.72) per share Price / Book-0.03Miscellaneous Outstanding Shares2,129,780,000Free Float2,001,996,000Market Cap$268.35 million OptionableOptionable Beta1.86 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Anthony Yazbeck (Age 44)Pres, COO & Director Comp: $1.51MMs. Susan Catalano (Age 60)Chief People Officer Comp: $1.01MMr. David M. Tolley (Age 55)Interim CEO & Director Mr. Kurt T. Wehner (Age 61)Chief Accounting Officer, CFO & Treasurer Mr. Kevin BerrySr. VP of Investor RelationsMs. Pamela Swidler (Age 40)Chief Legal Officer, Chief Compliance Officer & Corp. Sec. Ms. Lauren Fritts (Age 40)Chief Corp. Affairs & Marketing Officer Doug SmithHead of All Access & MarketplaceNick GiraudeauGlobal Head of Financial Services SalesMr. Peter Alan Greenspan (Age 48)Global Head of Real Estate More ExecutivesKey CompetitorsTuSimpleNASDAQ:TSPBowman Consulting GroupNASDAQ:BWMNConcrete PumpingNASDAQ:BBCPGogoroNASDAQ:GGRIntchains GroupNASDAQ:ICGView All CompetitorsInsiders & InstitutionsSycale Advisors NY LLCBought 18,412,668 shares on 8/9/2023Ownership: 0.865%Belvedere Trading LLCSold 19,400 shares on 8/8/2023Ownership: 0.000%Verde Servicos Internacionais S.A.Bought 973,026 shares on 8/7/2023Ownership: 0.046%Simplex Trading LLCBought 31,600 shares on 8/4/2023Ownership: 0.000%Bank of New York Mellon CorpSold 272,339 shares on 8/3/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions WE Stock - Frequently Asked Questions Should I buy or sell WeWork stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WeWork in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WE shares. View WE analyst ratings or view top-rated stocks. What is WeWork's stock price forecast for 2023? 4 Wall Street analysts have issued 1 year target prices for WeWork's stock. Their WE share price forecasts range from $0.20 to $8.00. On average, they expect the company's stock price to reach $3.59 in the next year. This suggests a possible upside of 2,749.2% from the stock's current price. View analysts price targets for WE or view top-rated stocks among Wall Street analysts. How have WE shares performed in 2023? WeWork's stock was trading at $1.43 on January 1st, 2023. Since then, WE stock has decreased by 91.2% and is now trading at $0.1260. View the best growth stocks for 2023 here. Are investors shorting WeWork? WeWork saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 48,630,000 shares, a decrease of 24.8% from the June 15th total of 64,650,000 shares. Based on an average trading volume of 18,200,000 shares, the short-interest ratio is presently 2.7 days. View WeWork's Short Interest. When is WeWork's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our WE earnings forecast. How were WeWork's earnings last quarter? WeWork Inc. (NYSE:WE) released its quarterly earnings data on Tuesday, May, 9th. The company reported ($0.34) earnings per share for the quarter, beating analysts' consensus estimates of ($0.40) by $0.06. The business had revenue of $849 million for the quarter, compared to analyst estimates of $849.42 million. The company's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.57) earnings per share. What ETFs hold WeWork's stock? ETFs with the largest weight of WeWork (NYSE:WE) stock in their portfolio include Global X PropTech ETF (PTEC). What is WeWork's stock symbol? WeWork trades on the New York Stock Exchange (NYSE) under the ticker symbol "WE." Who are WeWork's major shareholders? WeWork's stock is owned by a variety of institutional and retail investors. Top institutional investors include Sycale Advisors NY LLC (0.86%), Verde Servicos Internacionais S.A. (0.05%), Bank of New York Mellon Corp (0.02%), Harbor Capital Advisors Inc. (0.01%), Simplex Trading LLC (0.00%) and Belvedere Trading LLC (0.00%). Insiders that own company stock include Andre J Fernandez, Jeffrey Sine, Peter Greenspan and Sandeep Mathrani. View institutional ownership trends. How do I buy shares of WeWork? Shares of WE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is WeWork's stock price today? One share of WE stock can currently be purchased for approximately $0.13. How much money does WeWork make? WeWork (NYSE:WE) has a market capitalization of $268.35 million and generates $3.25 billion in revenue each year. The company earns $-2,034,000,000.00 in net income (profit) each year or ($2.44) on an earnings per share basis. How many employees does WeWork have? The company employs 4,300 workers across the globe. How can I contact WeWork? The official website for the company is www.we.co. The company can be reached via phone at 646-389-3922 or via email at investor@wework.com. This page (NYSE:WE) was last updated on 8/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding WeWork Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.