Get the Finder app 🥳

Track your credit score, free

Free

How to buy Slack shares | $27.25

Own Slack shares in just a few minutes.

Updated

Fact checked
Slack logo

Slack Technologies (NYSE:WORK) is a software company that provides instant messaging and virtual collaboration software for workplaces all over the world. The platform allows employees to chat and collaborate with each other in real time, instead of relying on email.

You can have direct conversations with one other person or several people in a group message, as well as create team or project-specific channels for easy, effective and fast communication between co-workers. The use of emojis and icons means employees can react to and vote on different ideas or concepts virtually. You can also make video calls via the Slack platform, similar to Facebook Messenger.

How to buy shares in Slack

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Slack. Find the share by name or ticker symbol: WORK. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Slack reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$27.25, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Slack, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Slack. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Slack share price

Use our graph to track the performance of WORK stocks over time.

Slack shares at a glance

Information last updated 2020-09-25.
Latest market closeUSD$27.25
52-week rangeUSD$15.1 - USD$40.07
50-day moving average USD$28.394
200-day moving average USD$29.0699
Target priceUSD$30.19
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-2.558

Get $0 brokerage on US stocks with trades as little as $50 when you join the world’s biggest social trading network.

eToro Share Trading (US stocks)

USD 0

Standard brokerage - US shares

Get $0 brokerage on US stocks with trades as little as $50 when you join the world’s biggest social trading network.

  • $0 brokerage for US stocks
  • Trades starting from $50
  • Fractional shares
  • Copy top traders
Go to site
More info

Important: Share trading carries risk of capital loss.

Promoted

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data indicated here is updated regularly
Name Product Standard brokerage for US shares Inactivity fee Currency conversion fee Markets
eToro Share Trading (US stocks)
USD 0
USD 10 per month if there’s been no login for 12 months
0.50%
Forex, CFDs, US shares
Zero brokerage share trading on US stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and forex from the one account.
IG Share Trading
Finder Award
IG Share Trading
USD 0
AUD 50 per quarter if you make fewer than three trades in that period
0.70%
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
CMC Markets Stockbroking
USD 0
No
0.60%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
loading

Compare up to 4 providers

Is it a good time to buy Slack stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Slack price performance over time

Historical closes compared with the close of $27.25 on 2020-09-25

1 week (2020-09-22) 3.18%
1 month (2020-08-28) -14.60%
3 months (2020-06-29) -11.73%
6 months (2020-03-27) -4.65%
1 year (2019-09-27) 23.53%
2 years (2018-09-25) N/A
3 years (2017-09-25) N/A
5 years (2015-09-25) N/A

Slack financials

Revenue TTM US$768.1 million
Gross profit TTM US$533.2 million
Return on assets TTM -10.93%
Return on equity TTM -40.14%
Profit margin -42.73%
Book value 1.333
Market capitalisation US$15.2 billion

TTM: trailing 12 months

Shorting Slack shares

There are currently 57.9 million Slack shares held short by investors – that's known as Slack's "short interest". This figure is 8.3% up from 53.4 million last month.

There are a few different ways that this level of interest in shorting Slack shares can be evaluated.

Slack's "short interest ratio" (SIR)

Slack's "short interest ratio" (SIR) is the quantity of Slack shares currently shorted divided by the average quantity of Slack shares traded daily (recently around 11.4 million). Slack's SIR currently stands at 5.08. In other words for every 100,000 Slack shares traded daily on the market, roughly 5080 shares are currently held short.

However Slack's short interest can also be evaluated against the total number of Slack shares, or, against the total number of tradable Slack shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Slack's short interest could be expressed as 0.1% of the outstanding shares (for every 100,000 Slack shares in existence, roughly 100 shares are currently held short) or 0.1373% of the tradable shares (for every 100,000 tradable Slack shares, roughly 137 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Slack.

Find out more about how you can short Slack stock.

Slack share dividends

We're not expecting Slack to pay a dividend over the next 12 months.

Have Slack's shares ever split?

Slack's shares were split on a 2:3 basis on 11 March 2015. So if you had owned 3 shares the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Slack shares – just the quantity. However, indirectly, the new 50% higher share price could have impacted the market appetite for Slack shares which in turn could have impacted Slack's share price.

Slack overview

Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model. The company was formerly known as Tiny Speck, Inc. and changed its name to Slack Technologies, Inc. in 2014. Slack Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.

Frequently asked questions

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site