Streetbeat News

WKME

WalkMe Ltd.

https://www.walkme.com

Industry

Software - Application

WalkMe Ltd. provides cloud-based digital adoption platform in the United States and internationally. Its digital adoption platform enables organizations to measure, drive, and act to maximize the impact of their digital transformation and accelerate the return on their software investment. The company was formerly known as Make Tutorial Ltd. and changed its name to WalkMe Ltd. in March 2012. WalkMe Ltd. was incorporated in 2011 and is headquartered in Tel Aviv-Yafo, Israel.

Open

13.96

Mkt cap

1.3B

Volume

1.1M

High

13.96

P/E Ratio

-27.92

52-wk high

14.09

Low

13.94

Div yield

N/A

52-wk low

7.60

WalkMe (NASDAQ:WKME) reported Q2 2024 adjusted EPS of $0.08, beating the $0.04 estimate, while sales of $69.50M missed the $69.61M estimate. Sales increased by 5.05% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:22 pm

WalkMe has launched WalkMeX, an AI-driven copilot that provides contextual guidance for workflows across various applications, aiming to enhance digital adoption.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:01 pm

Needham analyst Scott Berg has downgraded WalkMe (NASDAQ:WKME) from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:35 am

U.S. stocks traded higher with the Dow Jones gaining over 100 points. Dollar Tree shares fell over 5% after Q1 results. Actelis Networks, Moving iMage Technologies, and WalkMe saw significant gains, while Silo Pharma, Volcon, and SPAR Group experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 6:37 pm

Lands' End, Inc. (NASDAQ:LE) shares fell 9.3% to $12.60 after reporting a quarterly adjusted loss of 20 cents per share, which beat the analyst consensus estimate of 26 cents per share. The company also reported quarterly sales of $285.47 million, surpassing the analyst consensus estimate of $269.82 million. Other notable stock movements include Actelis Networks, Inc. (NASDAQ:ASNS) jumping 512% after announcing orders for cyber-hardened networking technology, and WalkMe Ltd. (NASDAQ:WKME) gaining 42.1% after entering into a definitive agreement to be acquired by SAP.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 5:04 pm

U.S. stocks traded higher with the Nasdaq Composite surging over 1% on Wednesday. The ISM services PMI climbed to 53.8 in May, the highest level in nine months. Actelis Networks, Inc. (ASNS) shares shot up 655% after announcing orders for cyber-hardened networking technology. Moving iMage Technologies, Inc. (MITQ) surged 64% after being awarded a multi-million dollar contract. WalkMe Ltd. (WKME) gained 42% after announcing it will be acquired by SAP. Silo Pharma, Inc. (SILO) dropped 31% following a $2 million registered direct offering. Volcon, Inc. (VLCN) fell 19% after announcing a 1-for-100 reverse stock split. SPAR Group, Inc. (SGRP) declined 22% after entering a letter of intent to go private.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 4:00 pm

Ollie's Bargain Outlet reported better-than-expected first-quarter earnings, leading to a 7.8% rise in its stock price. Other notable gainers include WalkMe, Stitch Fix, Vir Biotechnology, 3D Systems, Verint Systems, Hewlett Packard Enterprise, Guidewire Software, United Natural Foods, agilon health, GameStop, CureVac, Novavax, Axcelis Technologies, Twist Bioscience, MakeMyTrip, ASML Holding, ZIM Integrated Shipping, Aspen Aerogels, Taiwan Semiconductor Manufacturing, and CrowdStrike.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 2:23 pm

WalkMe shares are trading higher after the company announced it entered into a definitive agreement to be acquired by SAP.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:36 am

SAP SE is acquiring WalkMe Ltd. for $1.5 billion in an all-cash deal, representing a 45% premium to WalkMe's closing share price on June 4, 2024. The acquisition is expected to enhance SAP's Business Transformation Management portfolio and is anticipated to close in Q3 2024. WalkMe shares surged 41.6% premarket following the announcement.

Portfolio Pulse from Lekha Gupta

June 05, 2024 | 10:33 am

Stitch Fix (NASDAQ:SFIX) shares surged 18% in pre-market trading after reporting better-than-expected Q3 financial results. Other notable pre-market movers include Actelis Networks (NASDAQ:ASNS) up 794%, mF International (NASDAQ:MFI) up 108.4%, and Hewlett Packard Enterprise (NYSE:HPE) up 14.7%.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 9:27 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.