WeWork (WE) Stock Forecast, Price Target & Predictions
WE Stock Forecast
WeWork stock forecast is as follows: an average price target of $16.00K (represents a 2908990.91% upside from WE’s last price of $0.55) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
WE Price Target
The average price target for WeWork (WE) is $16.00K based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $17.60K to $14.40K. This represents a potential 2908990.91% upside from WE's last price of $0.55.
WE Analyst Ratings
According to 4 Wall Street analysts, WeWork's rating consensus is 'Buy'. The analyst rating breakdown for WE stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
WeWork Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 29, 2022 | Tayo Okusanya | Credit Suisse | $17.60K | $8.14K | 116.11% | 3199900.00% |
| Apr 22, 2022 | Vikram Malhotra | Mizuho Securities | $14.40K | $10.78K | 33.53% | 2618081.82% |
| Apr 19, 2022 | Alexander Goldfarb | Piper Sandler | $16.00K | $10.54K | 51.86% | 2908990.91% |
The latest WeWork stock forecast, released on Jun 29, 2022 by Tayo Okusanya from Credit Suisse, set a price target of $17.60K, which represents a 116.11% increase from the stock price at the time of the forecast ($8.14K), and a 3199900.00% increase from WE last price ($0.55).
WeWork Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $0.55 | $0.55 | $0.55 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of WeWork stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to WeWork's last price of $0.55. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 17, 2023 | Mizuho Securities | - | Positive | Downgrade |
| Oct 24, 2022 | Cantor Fitzgerald | - | Overweight | Initialise |
| Jun 29, 2022 | Credit Suisse | - | Outperform | Initialise |
| Apr 19, 2022 | Piper Sandler | - | Overweight | Initialise |
WeWork's last stock rating was published by Mizuho Securities on May 17, 2023. The company Downgrade its WE rating from "null" to "Positive".
WeWork Financial Forecast
WeWork Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | - | $794.00M |
| Avg Forecast | $972.88M | $924.69M | $878.90M | $835.37M | $833.03M |
| High Forecast | $972.88M | $924.69M | $878.90M | $835.37M | $836.07M |
| Low Forecast | $972.88M | $924.69M | $878.90M | $835.37M | $829.99M |
| # Analysts | 1 | 1 | 1 | 1 | 2 |
| Surprise % | - | - | - | - | 0.95% |
WeWork's average Quarter revenue forecast for Dec 23 based on 1 analysts is $835.37M, with a low forecast of $835.37M, and a high forecast of $835.37M. WE's average Quarter revenue forecast represents a 5.21% increase compared to the company's last Quarter revenue of $794.00M (Sep 23).
WeWork EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 |
| EBITDA | - | - | - | - | $-69.00M |
| Avg Forecast | $-568.42M | $-540.27M | $-513.51M | $-488.08M | $-486.71M |
| High Forecast | $-568.42M | $-540.27M | $-513.51M | $-488.08M | $-484.94M |
| Low Forecast | $-568.42M | $-540.27M | $-513.51M | $-488.08M | $-488.49M |
| Surprise % | - | - | - | - | 0.14% |
undefined analysts predict WE's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than WeWork's previous annual EBITDA (undefined) of $NaN.
WeWork Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 |
| Net Income | - | - | - | - | $-788.00M |
| Avg Forecast | $83.34M | $72.59M | $85.23M | $112.92M | $-275.64M |
| High Forecast | $83.34M | $72.59M | $85.23M | $112.92M | $-259.42M |
| Low Forecast | $83.34M | $72.59M | $85.23M | $112.92M | $-291.85M |
| Surprise % | - | - | - | - | 2.86% |
WeWork's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. WE's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
WeWork SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 |
| SG&A | - | - | - | - | $134.00M |
| Avg Forecast | $513.30M | $487.88M | $463.72M | $440.75M | $439.52M |
| High Forecast | $513.30M | $487.88M | $463.72M | $440.75M | $441.12M |
| Low Forecast | $513.30M | $487.88M | $463.72M | $440.75M | $437.91M |
| Surprise % | - | - | - | - | 0.30% |
WeWork's average Quarter SG&A projection for Dec 23 is $440.75M, based on 1 Wall Street analysts, with a range of $440.75M to $440.75M. The forecast indicates a 228.92% rise compared to WE last annual SG&A of $134.00M (Sep 23).
WeWork EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 |
| EPS | - | - | - | - | $-14.57 |
| Avg Forecast | $1.54 | $1.34 | $1.58 | $2.09 | $-5.10 |
| High Forecast | $1.54 | $1.34 | $1.58 | $2.09 | $-4.80 |
| Low Forecast | $1.54 | $1.34 | $1.58 | $2.09 | $-5.40 |
| Surprise % | - | - | - | - | 2.86% |
According to undefined Wall Street analysts, WeWork's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to WE previous annual EPS of $NaN (undefined).
WeWork Peer Comparison by Price Target
WE Forecast FAQ
Is WeWork a good buy?
Yes, according to 4 Wall Street analysts, WeWork (WE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of WE's total ratings.
What is WE's price target?
WeWork (WE) average price target is $16K with a range of $14.4K to $17.6K, implying a 2908990.91% from its last price of $0.55. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will WeWork stock go up soon?
According to Wall Street analysts' prediction for WE stock, the company can go up by 2908990.91% (from the last price of $0.55 to the average price target of $16K), up by 3199900.00% based on the highest stock price target, and up by 2618081.82% based on the lowest stock price target.
Can WeWork stock reach $1?
WE's average twelve months analyst stock price target of $16K supports the claim that WeWork can reach $1 in the near future.
What are WeWork's analysts' financial forecasts?
WE's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $1.67B (high $1.67B, low $1.67B), average EBITDA is $-975M (high $-973M, low $-977M), average net income is $-163M (high $-147M, low $-179M), average SG&A $880.27M (high $881.87M, low $878.67M), and average EPS is $-3.01 (high $-2.71, low $-3.309).
Did the WE's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (Sep 2023), WeWork's revenue was $794M, missing the average analysts' forecast of $833.03M by -4.69%. The company's EBITDA was $-69M, missing the average prediction of $-487M by -85.82%. WeWork's net income was $-788M, beating the average estimation of $-276M by 185.88%. The company's SG&A was $134M, missing the average forecast of $439.52M by -69.51%. Lastly, the company's EPS was $-14.57, beating the average prediction of $-5.098 by 185.80%