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MarketScreener Homepage  >  Equities  >  Nyse  >  Slack Technologies, Inc.    WORK

SLACK TECHNOLOGIES, INC.

(WORK)
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Slack Technologies : Salesforce Has Held Talks to Buy Slack Technologies

11/25/2020 | 11:54am EST

By Cara Lombardo, Liz Hoffman and Dana Cimilluca

Salesforce.com Inc. has recently been in talks to buy Slack Technologies Inc., according to people familiar with the matter, a deal that would mark a big move by the corporate-software maker into office communications.

Any deal would likely value Slack at more than its current market capitalization of $17 billion and represent Salesforce's largest acquisition ever. There is no guarantee the talks will lead to a deal and Salesforce could ultimately settle on another target, some of the people said.

(More to come)

--Maureen Farrell contributed to this article.

Write to Cara Lombardo at cara.lombardo@wsj.com, Liz Hoffman at liz.hoffman@wsj.com and Dana Cimilluca at dana.cimilluca@wsj.com

(END) Dow Jones Newswires

11-25-20 1153ET

Stocks mentioned in the article
ChangeLast1st jan.
SALESFORCE.COM, INC. 3.08% 223.44 Delayed Quote.-2.59%
SLACK TECHNOLOGIES, INC. 1.33% 42.63 Delayed Quote.-0.40%
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More news
Financials (USD)
Sales 2021 888 M - -
Net income 2021 -320 M - -
Net cash 2021 606 M - -
P/E ratio 2021 -75,6x
Yield 2021 -
Capitalization 24 241 M 24 241 M -
EV / Sales 2021 26,6x
EV / Sales 2022 20,8x
Nbr of Employees 2 510
Free-Float 84,0%
Chart SLACK TECHNOLOGIES, INC.
Duration : Period :
Slack Technologies, Inc. Technical Analysis Chart | WORK | US83088V1026 | MarketScreener
Technical analysis trends SLACK TECHNOLOGIES, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 43,33 $
Last Close Price 42,07 $
Spread / Highest target 9,34%
Spread / Average Target 3,00%
Spread / Lowest Target -28,7%
EPS Revisions
Managers and Directors
NameTitle
Daniel Stewart Butterfield Chairman & Chief Executive Officer
Allen Sanghyun Shim Chief Financial Officer
Callum James Henderson-Begg Chief Technology Officer
John L. O'Farrell Lead Independent Director
Andrew G. Braccia Independent Director
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1st jan.Capitalization (M$)
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