JMP Securities analyst Patrick Walravens maintained a Buy rating on WalkMe (WKME – Research Report) today and set a price target of $19.00. The company’s shares closed yesterday at $10.10.
According to TipRanks, Walravens is an analyst with an average return of -8.1% and a 39.47% success rate. Walravens covers the Technology sector, focusing on stocks such as Sprinklr, Vertex, and WalkMe.
The word on The Street in general, suggests a Hold analyst consensus rating for WalkMe with a $13.75 average price target, a 36.14% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $14.00 price target.
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WKME market cap is currently $896.6M and has a P/E ratio of -13.25.
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WalkMe (WKME) Company Description:
WalkMe Ltd is the defining solution enabling organizations to better realize the value of software investments. It is a cloud-based digital adoption platform, users employees and customers of organizations can navigate websites, SaaS applications, and mobile apps through a digital, GPS-like experience to accomplish any task from simple, online transactions, to complex cross-application software processes, to fully autonomous experiences that require no manual clicks or entries.
Read More on WKME:
- WalkMe Ltd. Announces Fourth Quarter and Full Year 2023 Financial Results
- Enterprises losing more than $1M a week through inefficient technology use, WalkMe report reveals
- Jim Nairn of WalkMe Recognized as 2024 CRN® Channel Chief
- #SocialStocks: Instagram cuts jobs amid Meta pivot to AI focus
- WalkMe downgraded to Underweight from Equal Weight at Barclays
