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Walkme Ltd. - WKME STOCK NEWS

Welcome to our dedicated page for Walkme Ltd. news (Ticker: WKME), a resource for investors and traders seeking the latest updates and insights on Walkme Ltd. stock.

WalkMe Ltd. (NASDAQ: WKME) is a leading enterprise-class digital adoption platform that helps organizations realize the full potential of their software investments. Founded in Tel Aviv, Israel, WalkMe provides a cloud-based platform that offers a GPS-like experience for navigating websites, SaaS applications, and mobile apps. The platform delivers step-by-step interactive guidance through a series of on-screen tip balloons, enabling users to complete tasks efficiently without the guesswork typically associated with software usage.

WalkMe’s primary focus is on enhancing productivity, reducing costs, and ensuring software is adopted effectively across organizations. The company's AI-driven platform sits atop an organization's tech stack, identifying friction points and providing personalized guidance and automation to streamline workflows.

WalkMe’s clientele includes global giants like IBM, Nestle, ThermoFisher Scientific, and the U.S. Department of Defense. These organizations trust WalkMe to improve user experiences and maximize the return on their software investments.

Recent milestones underline WalkMe’s commitment to innovation and leadership in the digital adoption space. For instance, the company recently filed its annual report for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission. Additionally, WalkMe has been recognized by industry analysts, including being named a leader in the IDC MarketScape Worldwide Digital Adoption Platforms 2024 report, and winning multiple industry awards.

WalkMe is set to host its annual Realize conference on June 18, 2024. This event will spotlight the company's latest advancements in AI-driven digital adoption and its new generative AI offering, which aims to shape the future of work.

Financially, WalkMe has shown robust growth. In the first quarter of 2024, the company reported record high free cash flow and achieved the high end of its revenue guidance. Strategic partnerships with industry leaders like Cognizant and UST further bolster WalkMe’s position, enhancing its capabilities to assist organizations in navigating digital transformations.

In a significant development, WalkMe and SAP SE have entered into an agreement for SAP to acquire WalkMe for approximately $1.5 billion, a move that promises to expand WalkMe’s market reach and enhance its product offerings.

For more information, visit the Investor Relations site or the WalkMe website.

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WalkMe Ltd. unveils Workflow Accelerators, a set of predefined solutions to eliminate friction in key workflows, enhancing software adoption and driving business outcomes. The 2024 State of Digital Adoption Report highlights the importance of optimizing digital assets for increased productivity. Customer testimonials showcase significant results in improving sales processes and employee productivity.
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WalkMe Ltd. (WKME) released The State of Digital Adoption 2024 report, revealing that investment in digital adoption technology has risen 63% year-over-year. The report highlights the significant impact of digital adoption on enterprise productivity, with employees spending 44 working days a year compensating for technology issues. Enterprises that have fully embraced digital adoption best practices save on average $4.9M a month compared to those that only follow some. The study also shows that organizations that prioritize digital adoption have 14% less spend on digital transformation projects that fail to meet ROI, 18% higher ROI from digital transformation projects, and 30% higher application utilization.
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WalkMe Ltd. (WKME) will release its Q4 and full year 2023 financial results on February 21, 2024, followed by a webcast to discuss business and financial performance. The webcast will be available on the Company’s investor relations website. The company's stock is listed on NASDAQ under the ticker symbol WKME.
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WalkMe Inc. (NASDAQ: WKME) announced that Jim Nairn, Senior Vice President of Strategic Alliances, has been named to the prestigious 2024 CRN Channel Chiefs list. Nairn has been instrumental in growing the company’s partner initiatives, including the launch of WalkMe’s new Propel Partner Program, aimed at harnessing the Digital Adoption Platform market and delivering personalized digital experiences to joint customers. The recognition showcases the dedication of WalkMe's leadership to supporting partners and achieving growth through robust partner programs and unique business strategies.
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WalkMe Inc. (NASDAQ: WKME) reveals 49.7% of workers worldwide do not file expense reports, leaving billions of dollars behind annually. Unreimbursed expenses cause job stress (48%) and financial tension during the holidays (28%).
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WalkMe Inc. (NASDAQ: WKME) announces the availability of its Digital Adoption Platform (DAP) on the AWS Marketplace, allowing customers to invest in DAP using their AWS account credits. The company aims to address the growing recognition of the importance of DAPs in driving successful digital transformation, with organizations planning to invest an average of $30M USD in digital adoption solutions by 2025. WalkMe's platform enables organizations to embrace digital innovation, resulting in increased efficiency, employee satisfaction, cost savings, and software investment value.
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WalkMe Ltd. (NASDAQ:WKME) management team to participate in Wells Fargo TMT Summit on November 29, 2023, at 9:30 a.m. Pacific. The presentations will be webcast live on the investor relations section of WalkMe’s website at ir.walkme.com.
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WalkMe Inc. (NASDAQ: WKME) Announces Winners of Realizer Awards 2023, Celebrating Digital Adoption Achievements
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WalkMe Ltd. (NASDAQ:WKME) achieved a record Non-GAAP operating income of $1.6M, a significant improvement from last year's loss. The company also reported positive Free Cash Flow of $6.2M and a 9% FCF margin. Revenue increased by 6% year-over-year to $67.0 million, with a GAAP Gross margin of 85%. WalkMe's Financial Outlook for Q4 2023 expects revenue of $67 to $68 million and Non-GAAP Operating income of $1.3 to $2.3 million.
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WalkMe Inc. (NASDAQ: WKME) appoints Ofir Hatsor as Senior Vice President of EMEA Sales to meet the rising demand for its Digital Adoption Platform (DAP) in line with the 3.7% increase in IT spending across EMEA forecasted by Gartner for 2023. Hatsor, with extensive experience, will lead sales teams in London, Paris, and Munich, aiming to bring WalkMe's substantial business value to EMEA organizations.
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FAQ

What is the current stock price of Walkme Ltd. (WKME)?

The current stock price of Walkme Ltd. (WKME) is $13.95 as of February 7, 2025.

What is the market cap of Walkme Ltd. (WKME)?

The market cap of Walkme Ltd. (WKME) is approximately 1.3B.

What does WalkMe Ltd. do?

WalkMe Ltd. provides a digital adoption platform that guides users through websites, SaaS applications, and mobile apps with step-by-step interactive instructions to complete tasks efficiently.

Who are some of WalkMe’s key clients?

WalkMe’s key clients include IBM, Nestle, ThermoFisher Scientific, and the U.S. Department of Defense.

What recent achievements has WalkMe accomplished?

WalkMe recently filed its annual report for FY2023 with the SEC, was named a leader in the IDC MarketScape 2024 report, and won multiple industry awards.

When is WalkMe’s annual Realize conference?

WalkMe’s annual Realize conference is scheduled for June 18, 2024.

What is WalkMe’s financial outlook for 2024?

WalkMe reported a strong start to 2024 with record high free cash flow in Q1 and aims to double its net new ARR by the end of the year.

What are some of the partnerships WalkMe has formed?

WalkMe has formed strategic partnerships with industry leaders like Cognizant and UST to enhance digital adoption capabilities and expand its market reach.

What is the significance of SAP’s acquisition of WalkMe?

SAP’s acquisition of WalkMe for $1.5 billion is set to expand WalkMe’s market reach, enhance product offerings, and drive significant growth opportunities.

How does WalkMe help organizations with digital transformations?

WalkMe’s platform provides personalized guidance and automation to streamline workflows, helping organizations adopt new technologies efficiently and improve productivity.

Where can I find more information about WalkMe’s financial results?

Detailed financial results can be accessed on WalkMe’s Investor Relations website at https://ir.walkme.com.

What new innovations has WalkMe introduced?

WalkMe recently introduced AI Answers and AI SmartTips to enhance user productivity and ensure high-quality data entry across business environments.
Walkme Ltd.

Nasdaq:WKME

WKME Rankings

WKME Stock Data

1.31B
76.50M
1.2%
87.18%
0.48%
Software - Application
Technology
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Israel
Tel Aviv