WE - WeWork Inc. Stock Price, Fair Value and News

0.83USD-3.55 (-81.05%)Market Closed

Market Summary

USD0.83-3.55

Market Closed

-81.05%

WE RSI Chart

WE Valuation

Market Cap

11.4M

Price/Earnings (Trailing)

-0.01

Price/Sales (Trailing)

EV/EBITDA

-3.8

Price/Free Cashflow

-0.01

WE Price/Sales (Trailing)

WE Profitability

Operating Margin

-5.51%

EBT Margin

-54.97%

Return on Equity

-14.62%

Return on Assets

-12.62%

Free Cashflow Yield

-8.7K%

WE Fundamentals

WE Revenue

Revenue (TTM)

3.4B

Rev. Growth (Yr)

3.56%

Rev. Growth (Qtr)

-0.59%

WE Earnings

Earnings (TTM)

-1.9B

Earnings Growth (Yr)

39.51%

Earnings Growth (Qtr)

-32.2%

Breaking Down WE Revenue

How does WE drawdown profile look like?

WE Financial Health

Current Ratio

0.34

Debt/Equity

0.22

Debt/Cashflow

-0.24

WE Investor Care

Shares Dilution (1Y)

57.46%

Diluted EPS (TTM)

-75.6

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	3.3B	3.4B	0	0
2022	2.7B	3.0B	3.1B	3.2B
2021	3.0B	2.7B	2.5B	2.6B
2020	3.4B	3.4B	3.4B	3.4B
2019	0	0	0	3.5B
2018	0	0	0	1.8B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of WeWork Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Oct 15, 2023	wehner kurt	sold (taxes)	-75.52	2.36	-32.00	chief financial officer
Sep 15, 2023	wehner kurt	sold	-5,911	4.25	-1,391	chief financial officer
Aug 16, 2023	benchmark capital management co. vii, l.l.c.	sold	-687,069	0.1587	-4,329,360	-
Aug 16, 2023	dunlevie bruce	sold	-687,069	0.1587	-4,329,360	-
Aug 15, 2023	dunlevie bruce	sold	-1,082,880	0.2003	-5,406,300	-
Aug 15, 2023	benchmark capital management co. vii, l.l.c.	sold	-1,082,880	0.2003	-5,406,300	-
Jul 15, 2023	swidler pamela	sold (taxes)	-778	0.2804	-2,775	chief legal officer
Jul 15, 2023	wehner kurt	sold (taxes)	-348	0.2804	-1,242	chief financial officer
Jul 10, 2023	wehner kurt	sold (taxes)	-1,516	0.2524	-6,009	chief financial officer
May 05, 2023	svf ii ww holdings (cayman) ltd	acquired	-	-	1,112,900,000	-

Which funds bought or sold WE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	Coston, McIsaac & Partners	unchanged	-	-	-	-%
Mar 22, 2024	PNC Financial Services Group, Inc.	sold off	-100	-4,575	-	-%
Mar 11, 2024	VANGUARD GROUP INC	sold off	-100	-3,965,290	-	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-404,568	-	-%
Feb 16, 2024	HARBOUR INVESTMENTS, INC.	sold off	-100	-21.00	-	-%
Feb 15, 2024	JANE STREET GROUP, LLC	sold off	-100	-692,471	-	-%
Feb 15, 2024	BARCLAYS PLC	new	-	-	-	-%
Feb 14, 2024	Royal Bank of Canada	sold off	-100	-5,000	-	-%
Feb 14, 2024	STATE STREET CORP	sold off	-100	-167,919	-	-%
Feb 14, 2024	AMERIPRISE FINANCIAL INC	sold off	-100	-186,756	-	-%

Are Funds Buying or Selling WE?

Are funds buying WE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WE

No. of Funds

Unveiling WeWork Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Nov 08, 2023	sb global advisers ltd	-	0	SC 13D/A
Nov 01, 2023	sb global advisers ltd	68.3%	36,553,696	SC 13D/A
Aug 17, 2023	benchmark capital management co. vii, l.l.c.	0.4%	7,737,465	SC 13D/A
Jun 12, 2023	fmr llc	-	0	SC 13G/A
May 10, 2023	sb global advisers ltd	78.9%	1,462,147,904	SC 13D/A
May 10, 2023	sb investment advisers (uk) ltd	-	0	SC 13D/A
May 09, 2023	benchmark capital management co. vii, l.l.c.	2.2%	15,474,934	SC 13D/A
Apr 11, 2023	sb global advisers ltd	47.2%	349,247,299	SC 13D/A
Apr 11, 2023	sb investment advisers (uk) ltd	-	0	SC 13D/A
Mar 20, 2023	benchmark capital management co. vii, l.l.c.	2.2%	15,474,934	SC 13D/A

Recent SEC filings of WeWork Inc.

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	8-K	Current Report
Apr 04, 2024	8-K	Current Report
Apr 02, 2024	8-K	Current Report
Mar 19, 2024	NT 10-K	NT 10-K
Mar 07, 2024	8-K	Current Report
Feb 06, 2024	8-K	Current Report

Peers (Alternatives to WeWork Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSGP	37.6B	2.5B	-11.60%	20.44%	100.22	15.3	12.49%	1.41%
CBRE	26.5B	31.9B	-9.83%	22.56%	26.9	0.83	3.64%	-29.92%
Z	10.1B	1.9B	-14.16%	-1.87%	-64.2	5.22	-0.66%	-56.44%
MID-CAP
JLL	8.7B	20.8B	-4.49%	40.69%	38.38	0.42	-0.49%	-65.56%
JOE	3.3B	389.3M	3.54%	38.34%	42.72	8.53	54.28%	9.57%
DBRG	2.7B	821.4M	-6.04%	46.10%	14.8	3.34	18.22%	157.58%
CWK	2.2B	9.5B	-3.60%	2.77%	-61.78	0.23	-6.06%	-118.02%
SMALL-CAP
EXPI	1.6B	4.3B	8.21%	-9.75%	-178.23	0.37	-6.90%	-158.11%
ARL	224.5M	50.5M	-19.18%	-19.44%	56.58	4.45	34.51%	-98.94%
AXR	110.7M	44.5M	2.96%	41.06%	49.66	2.49	-24.76%	-93.06%
CHCI	60.5M	44.7M	20.77%	42.40%	7.77	1.35	13.76%	5.95%
ASPS	44.1M	145.1M	-32.52%	-56.77%	-0.79	0.3	-5.26%	-6.11%

WeWork Inc. News

Latest updates

WeWork Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																(In Thousands)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Revenue	-0.6%	844,000,000	849,000,000	848,000,000	817,000,000	815,000,000	765,000,000	718,000,000	661,000,000	593,000,000	598,000,000	666,631,000	810,752,000	881,734,000	-	-	-
Cost Of Revenue	-	-	-	-	-	-	-	-	752,493,000	780,489,000	-	813,753,000	924,363,000	881,468,000	-	-	-
Costs and Expenses	13.5%	1,195,000,000	1,053,000,000	1,429,000,000	1,153,000,000	1,131,000,000	1,123,000,000	1,419,500,000	1,301,000,000	1,444,000,000	2,104,000,000	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	1,301,079,000	1,443,473,000	2,321,680	49,161,494	1,842,905,000	1,909,272,000	-	-	-
S&GA Expenses	-3.2%	150,000,000	155,000,000	157,000,000	181,000,000	189,000,000	208,000,000	276,500,000	234,000,000	227,000,000	274,000,000	-47,188,614	387,248,000	392,818,000	-	-	-
EBITDA Margin	25.6%	-0.21	-0.29	-0.35	-0.45	-0.54	-0.70	-1.35	-0.86	-0.94	-0.98	-0.79	-0.89	-0.88	-0.88	-0.88	-0.95
Interest Expenses	-	-	-	128,000,000	116,000,000	159,000,000	113,000,000	116,000,000	121,000,000	113,000,000	105,000,000	99,954,000	92,956,000	93,249,000	-	-	-
Income Taxes	266.7%	5,000,000	-3,000,000	1,000,000	3,000,000	3,000,000	-1,000,000	-2,000,000	-2,000,000	4,000,000	3,000,000	-3,654,505	5,586,000	7,095,000	-	-	-
Earnings Before Taxes	-29.8%	-392,000,000	-302,000,000	-526,000,000	-626,000,000	-632,000,000	-505,000,000	-805,000,000	-846,000,000	-919,000,000	-2,059,000,000	-90,539,153	-993,874,000	-1,103,343,000	-	-	-
EBT Margin	12.3%	-0.55	-0.63	-0.71	-0.82	-0.94	-1.12	-1.80	-1.55	-1.52	-1.44	-1.12	-1.09	-1.08	-1.08	-1.08	-1.06
Net Income	-32.2%	-349,000,000	-264,000,000	-720,000,000	-568,000,000	-577,000,000	-435,000,000	-876,500,000	-802,000,000	-889,000,000	-2,032,000,000	-437,293,158	-941,263,000	-863,829,000	-	-	-
Net Income Margin	11.5%	-0.57	-0.64	-0.71	-0.79	-0.91	-1.10	-1.79	-1.65	-1.61	-1.45	-1.11	-0.95	-0.95	-0.95	-0.94	-0.88
Free Cashflow	17.8%	-324,306,000	-394,306,000	-149,306,000	-204,306,000	-291,306,000	-432,306,000	-455,306,000	-429,447,000	-806,399,000	-729,399,000	-429,576,691	-268,370,409	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q3	2020Q2	2019Q4
Assets	-11.1%	15,063	16,949	17,863	18,339	19,638	20,686	21,756	21,956	23,089	24,223	25,356	26,804	28,252	29,700	31,148
Current Assets	-11.2%	744	838	689	866	1,211	1,119	1,472	1,013	1,398	1.00	1,329	1.00	-	-	2,128
Cash Equivalents	-8.5%	205	224	287	460	625	519	935	477	844	719	800	876	-	714	2,201
Net PPE	-	-	-	-	-	-	-	-	5,707	5,991	-	6,859	-	-	-	8,400
Goodwill	-	-	-	-	682	685	685	677	677	679	-	679	344	-	-	698
Liabilities	-10.0%	18,656	20,735	21,318	21,094	21,955	22,546	23,169	23,971	24,474	24,728	24,982	25,994	27,005	-	28,017
Current Liabilities	-3.8%	2,189	2,275	2,230	2,094	2,100	2,121	2,133	2,413	2,337	2.00	2,189	0.00	1.00	0.00	3,088
Long Term Debt	-18.6%	2,910	3,576	3,208	-	-	-	-	659	659	-	688	-	-	-	1,389
LT Debt, Non Current	-18.6%	2,910	3,576	3,208	-	-	-	-	659	659	-	688	-	-	-	1,389
Shareholder's Equity	-	-	-	-	-	-	-	-	10,677	5.00	5.00	5.00	5.00	5.00	0.00	-
Retained Earnings	-2.1%	-16,790	-16,441	-16,177	-15,723	-15,155	-14,578	-14,143	-13,427	-21.61	-10.43	-9,703	-1.34	-83.98	-0.02	-6,574
Additional Paid-In Capital	5.0%	13,004	12,390	12,387	12,377	12,360	12,348	12,321	2,777	-26.61	15.00	2,188	6.00	-5.06	0.00	1,880
Shares Outstanding	56.5%	30.00	19.00	19.00	19.00	19.00	19.00	7.00	4.00	4.00	4.00	4.00	-	-	4.00	3.00
Minority Interest	-21.4%	158	201	235	291	346	376	433	6.00	6.00	-	2.00	-	-	-	322

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Cashflow From Operations	23.3%	-230	-300	-55.00	-110	-197	-338	-361	-380	-618	-541	-241	-0.55	-	-	-	-
Share Based Compensation	0%	3.00	3.00	10.00	13.00	13.00	13.00	50.00	4.00	4.00	156	7.00	11.00	-	-	-	-
Cashflow From Investing	1.6%	-60.00	-61.00	-70.00	-51.00	-85.00	-88.00	-103	-57.00	-50.00	-137	-123	-483	-	-	-	-
Cashflow From Financing	-31.7%	241	353	-10.00	-1.00	386	22.00	919	69.00	761	589	275	485	-	-	-	-

WE Income Statement

2023-06-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2023

Jun. 30, 2022

Jun. 30, 2023

Jun. 30, 2022

Income Statement [Abstract]

Revenue

^[1]

$ 844,000

$ 815,000

$ 1,693,000

$ 1,580,000

Expenses:

Location operating expenses—cost of revenue (exclusive of depreciation and amortization of $149 and $150 for the three months ended and $290 and $308 for the six months ended June 30, 2023 and 2022, respectively, shown separately below)

725,000

736,000

1,449,000

1,472,000

Pre-opening location expenses

8,000

38,000

15,000

85,000

Selling, general and administrative expenses

150,000

189,000

305,000

397,000

Restructuring and other related (gains) costs

(107,000)

(26,000)

(165,000)

(156,000)

Impairment expense/(gain on sale)

263,000

36,000

340,000

127,000

Depreciation and amortization

156,000

158,000

304,000

329,000

Total expenses

^[1]

1,195,000

1,131,000

2,248,000

2,254,000

Loss from operations

(351,000)

(316,000)

(555,000)

(674,000)

Interest and other income (expenses), net:

Interest expense

^[1]

(102,000)

(159,000)

(223,000)

(272,000)

Foreign currency gain (loss)

20,000

(157,000)

51,000

(201,000)

Other income (expense), net

41,000

33,000

10,000

Total interest and other income (expenses), net

(41,000)

(316,000)

(139,000)

(463,000)

Pre-tax loss

(392,000)

(632,000)

(694,000)

(1,137,000)

Income tax benefit (provision)

(5,000)

(3,000)

(2,000)

Net loss

(397,000)

(635,000)

(696,000)

(1,139,000)

Net loss attributable to noncontrolling interests:

Redeemable noncontrolling interests — mezzanine

10,000

15,000

16,000

36,000

Noncontrolling interest — equity

38,000

43,000

67,000

91,000

Net loss attributable to WeWork Inc.

$ (349,000)

$ (577,000)

$ (613,000)

$ (1,012,000)

Net loss per share attributable to Class A common stockholders (see Note 17):

Basic (in usd per share)

$ (0.21)

$ (0.76)

$ (0.51)

$ (1.33)

Diluted (in usd per share)

$ (0.21)

$ (0.76)

$ (0.51)

$ (1.33)

Weighted-average shares used to compute net loss per share attributable to Class A and Class B common stockholders, basic (in shares)

1,626,430,041

761,552,438

1,199,105,476

760,620,470

Weighted-average shares used to compute net loss per share attributable to Class A and Class B common stockholders, diluted (in shares)

1,626,430,041

761,552,438

1,199,105,476

760,620,470

[1]	See Note 19 for disclosure of related party amounts.

WE Balance Sheet

2023-06-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Jun. 30, 2023

Dec. 31, 2022

Current assets:

Cash and cash equivalents

$ 205

$ 287

Accounts receivable and accrued revenue, net of allowance

^[1]

118

109

Prepaid expenses

^[1]

135

138

Other current assets

^[1]

286

155

Total current assets

744

689

Total property and equipment, net

3,860

4,391

Lease right-of-use assets, net

9,275

11,243

Equity method and other investments

Goodwill and intangible assets, net

735

737

Other assets

^[1]

400

740

Total assets

15,063

17,863

Current liabilities:

Accounts payable and accrued expenses

^[1]

455

526

Members’ service retainers

434

445

Deferred revenue

^[1]

112

151

Current lease obligations

^[1]

883

936

Other current liabilities

^[1]

305

172

Total current liabilities

2,189

2,230

Long-term lease obligations

^[1]

13,280

15,598

Long-term debt, net

^[1]

2,910

3,208

Other liabilities

277

282

Total liabilities

18,656

21,318

Commitments and contingencies (Note 18)

Redeemable noncontrolling interests

(33)

(20)

WeWork Inc. shareholders' equity (deficit):

Preferred stock; par value $0.0001; 100,000,000 shares authorized, zero issued and outstanding as of June 30, 2023 and December 31, 2022

Treasury stock, at cost; 2,944,212 shares held as of June 30, 2023 and December 31, 2022

(29)

Additional paid-in capital

13,004

12,387

Accumulated other comprehensive income (loss)

149

Accumulated deficit

(16,790)

(16,177)

Total WeWork Inc. shareholders' deficit

(3,718)

(3,670)

Noncontrolling interests

158

235

Total equity

(3,560)

(3,435)

Total liabilities and equity

15,063

17,863

Common stock Class A; par value $0.0001; 4,874,958,334 shares authorized, 2,112,965,359 shares issued and 2,110,021,147 shares outstanding as of June 30, 2023, and 1,500,000,000 shares authorized, 711,106,961 shares issued and 708,162,749 shares outstanding as of December 31, 2022

WeWork Inc. shareholders' equity (deficit):

Common stock

Common stock Class C; par value $0.0001; 25,041,666 shares authorized, 19,938,089 shares issued and outstanding as of June 30, 2023 and December 31, 2022

WeWork Inc. shareholders' equity (deficit):

Common stock

$ 0

[1]	See Note 19 for disclosure of related party amounts.

About WeWork Inc.

WeWork Inc. provides flexible workspace solutions to individuals and organizations worldwide. The company offers workstation, private office, and customized floor solutions; and various amenities and services, such as private phone booths, internet, high-speed business printers and copiers, mail and package handling, front desk services, off-peak building access, common areas, and daily enhanced cleaning solutions. It also provides various value-add services; business and technical service solutions, including professional employer organization and payroll services, remote workforce solutions, human resources benefits, dedicated bandwidth, and IT equipment co-location solutions. In addition, the company offers WeWork All Access, a monthly subscription-based model that allows members to book workspaces, conference rooms, and private offices; WeWork On Demand, which enables users with pay-as-you-go access to book individual workspace or conference rooms at nearby WeWork locations; and WeWork Workplace, a turnkey workspace management solution for landlords, operators, and enterprises. WeWork Inc. was founded in 2010 and is headquartered in New York, New York.

CEO	Mr. David M. Tolley
WEBSITE	wework.com
INDUSTRY	Real Estate Services
EMPLOYEES	4300

WeWork Inc. Frequently Asked Questions

What is the ticker symbol for WeWork Inc.? What does WE stand for in stocks?

WE is the stock ticker symbol of WeWork Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of WeWork Inc. (WE)?

As of Thu Jan 04 2024, market cap of WeWork Inc. is 11.39 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WE stock?

You can check WE's fair value in chart for subscribers.

What is the fair value of WE stock?

You can check WE's fair value in chart for subscribers. The fair value of WeWork Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of WeWork Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is WeWork Inc. a good stock to buy?

The fair value guage provides a quick view whether WE is over valued or under valued. Whether WeWork Inc. is cheap or expensive depends on the assumptions which impact WeWork Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WE.

What is WeWork Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Jan 04 2024, WE's PE ratio (Price to Earnings) is -0.01 and Price to Sales (PS) ratio is 0. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WE PE ratio will change depending on the future growth rate expectations of investors.