How to buy Slack (WORK) shares in Australia

Learn how to easily invest in Slack shares.

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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$44.29, 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 stock price (NYSE:WORK)

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

Slack shares at a glance

Information last updated 2021-09-19.
52-week rangeUS$18.4 - US$45.64
50-day moving average US$44.569
200-day moving average US$42.6661
Target priceUS$43.69
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) US$-0.442

Where to buy Slack stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European 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 currencies from the one account.
IG Share Trading
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.

Compare up to 4 providers

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.

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 share growth calculator


Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Slack shares?

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Slack price performance over time

Historical closes compared with the last close of $44.17

3 months (2021-06-25) -0.07%
6 months (2021-03-25) 10.29%
1 year (2020-09-25) 62.09%
2 years (2019-09-25) 94.32%

Slack financials

Revenue TTM US$974.3 million
Gross profit TTM US$780.9 million
Return on assets TTM -7.03%
Return on equity TTM -28.45%
Profit margin -25.98%
Book value 1.518
Market capitalisation US$26.5 billion

TTM: trailing 12 months

Shorting Slack shares

There are currently 44.4 million Slack shares held short by investors – that's known as Slack's "short interest". This figure is 5.4% up from 42.1 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 4.7 million). Slack's SIR currently stands at 9.4. In other words for every 100,000 Slack shares traded daily on the market, roughly 9400 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 0.08% of the outstanding shares (for every 100,000 Slack shares in existence, roughly 80 shares are currently held short) or 0.0901% of the tradable shares (for every 100,000 tradable Slack shares, roughly 90 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 share price volatility

Over the last 12 months, Slack's shares have ranged in value from as little as US$18.4 up to US$45.64. A popular way to gauge a stock's volatility is its "beta".

WORK.US volatility(beta: 0.96)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Slack's is 0.9555. This would suggest that Slack's shares are less volatile than average (for this exchange).

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 incorporated in 2009 and is headquartered in San Francisco, California.

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