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

SAP has made an offer to acquire WalkMe at a 45% premium to its closing share price on June 4, 2024. The deal is expected to close in the third quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 9:16 am

SAP's Executive and Supervisory Boards and the Board of Directors of WalkMe have approved a transaction where SAP will acquire WalkMe for $14.00 per share in an all-cash deal, valuing WalkMe at approximately $1.5 billion.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 9:15 am

SAP and Walkme have entered into a definitive agreement where SAP will acquire Walkme, a leader in digital adoption platforms.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 9:03 am

Citigroup analyst Tyler Radke maintains a Neutral rating on WalkMe (NASDAQ:WKME) but lowers the price target from $11 to $10.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:25 pm

BMO Capital analyst Keith Bachman maintains a Market Perform rating on WalkMe (NASDAQ:WKME) but lowers the price target from $11.5 to $10.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:22 pm

WalkMe Ltd. (NASDAQ:WKME) has announced new partnerships with Cognizant and UST to enhance their digital adoption solutions, particularly in the context of generative AI. These alliances aim to help customers effectively adopt and scale new technologies.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:08 pm

Barclays analyst Raimo Lenschow maintains an Underweight rating on WalkMe (NASDAQ:WKME) and lowers the price target from $8.5 to $8.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:57 pm

Needham analyst Scott Berg has reiterated a Buy rating on WalkMe (NASDAQ:WKME) and maintained a $20 price target.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:46 am

WalkMe shares are trading higher after the company reported better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:51 pm

WalkMe has reiterated its FY24 revenue outlook of $279M-$283M, aligning closely with the $281.12M estimate. For Q2 2024, the company expects revenue of $69M-$70M and non-GAAP operating income of $2.3M-$3.3M. Full-year non-GAAP operating income guidance has been increased to $12.5M-$15M.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:09 am

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