tiprankstipranks
Blurbs

JMP Securities Sticks to Its Buy Rating for WalkMe (WKME)

In a report released yesterday, Patrick Walravens from JMP Securities maintained a Buy rating on WalkMe (WKMEResearch Report), with a price target of $28.00. The company’s shares closed yesterday at $12.26.

Walravens covers the Technology sector, focusing on stocks such as WalkMe, SAP AG, and MongoDB. According to TipRanks, Walravens has an average return of 10.4% and a 53.20% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for WalkMe with a $16.75 average price target, representing a 36.62% upside. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $20.00 price target.

See today’s best-performing stocks on TipRanks >>

Based on WalkMe’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $56.85 million and a GAAP net loss of $23.03 million. In comparison, last year the company earned a revenue of $42.65 million and had a GAAP net loss of $23.97 million

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More