Should I buy or sell Weave Communications stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Weave Communications in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WEAV shares. View WEAV analyst ratings or view top-rated stocks .

What is Weave Communications' stock price target for 2024?

6 brokers have issued 12 month target prices for Weave Communications' shares. Their WEAV share price targets range from $11.00 to $18.00. On average, they predict the company's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price. View analysts price targets for WEAV or view top-rated stocks among Wall Street analysts .

How have WEAV shares performed in 2024?

Weave Communications' stock was trading at $11.47 at the beginning of the year. Since then, WEAV stock has decreased by 4.4% and is now trading at $10.97. View the best growth stocks for 2024 here .

When is Weave Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our WEAV earnings forecast .

How were Weave Communications' earnings last quarter?

Weave Communications, Inc. (NYSE:WEAV) issued its quarterly earnings data on Wednesday, February, 21st. The company reported ($0.10) earnings per share for the quarter, beating analysts' consensus estimates of ($0.11) by $0.01. The company earned $45.69 million during the quarter, compared to analysts' expectations of $44.24 million. Weave Communications had a negative trailing twelve-month return on equity of 31.93% and a negative net margin of 18.20%.

What ETF holds Weave Communications' stock?

AdvisorShares Dorsey Wright Micro-Cap ETF holds 3,132 shares of WEAV stock, representing 0.68% of its portfolio.

What guidance has Weave Communications issued on next quarter's earnings?

Weave Communications updated its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $45.2 million-$46.2 million, compared to the consensus revenue estimate of $45.6 million.

When did Weave Communications IPO?

Weave Communications (WEAV) raised $132 million in an initial public offering on Thursday, November 11th 2021. The company issued 5,000,000 shares at $25.00-$28.00 per share.

Who are Weave Communications' major shareholders?

Weave Communications' stock is owned by many different institutional and retail investors. Top institutional investors include Counterpoint Mutual Funds LLC (0.02%). Insiders that own company stock include Alan Taylor, Bessemer Venture Partners Ix L, Blake G Modersitzki, Erin Goodsell, Matthew C Hyde and Tiger Global Management Llc. View institutional ownership trends .

How do I buy shares of Weave Communications?

Shares of WEAV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:WEAV

Weave Communications (WEAV) Stock Price, News & Analysis

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$10.97

-0.12 (-1.08%)

(As of 04/17/2024 ET)

Compare

Today's Range: $10.96
▼
$11.21
50-Day Range: $10.64
▼
$13.39
52-Week Range: $4.04
▼
$13.80

Volume: 181,910 shs
Average Volume: 417,880 shs
Market Capitalization: $778.65 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.00

Get Weave Communications alerts:

Weave Communications MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 27.6% Upside
$14.00 Price Target
Short Interest: Healthy
2.30% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.58
Based on 11 Articles This Week
Insider Trading: Selling Shares
$180,000 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.37) to ($0.28) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.28 out of 5 stars

Computer And Technology Sector

285th out of 586 stocks

Prepackaged Software Industry

97th out of 196 stocks

3.4

Analyst's Opinion

Consensus Rating
Weave Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Weave Communications has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.30% of the float of Weave Communications has been sold short.
Short Interest Ratio / Days to Cover
Weave Communications has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Weave Communications has recently decreased by 1.01%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Weave Communications does not currently pay a dividend.
Dividend Growth
Weave Communications does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WEAV.

2.5

News and Social Media Coverage

News Sentiment
Weave Communications has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Weave Communications this week, compared to 5 articles on an average week.
Search Interest
Only 1 people have searched for WEAV on MarketBeat in the last 30 days. This is a decrease of -91% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Weave Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Weave Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $180,000.00 in company stock.
Percentage Held by Insiders
41.86% of the stock of Weave Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
86.83% of the stock of Weave Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Weave Communications are expected to grow in the coming year, from ($0.37) to ($0.28) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Weave Communications is -24.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Weave Communications is -24.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Weave Communications has a P/B Ratio of 9.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Weave Communications Stock (NYSE:WEAV)

Weave Communications, Inc. provides a customer experience and payments software platform in the United States and Canada. Its platform enables small and medium-sized healthcare businesses to maximize the value of their patient interactions and minimize the time and effort spent on manual or mundane tasks. The company's products include Unified Phone Number; Customized Phone System, a smarter phone system to identify whether incoming calls are from new or current patients, provide information at every call, and manages heavy call times; Softphones to make and receive calls from anywhere with an internet connection; Text Messaging to communicate with patients; Missed Call Text to take action in real time upon notification of a missed call; Missed Text Auto-Reply; Team Chat, a group messaging solution that helps practitioners and their staff communicate with each other from their work stations; and Weave Mobile App; It also offers Weave Reviews and Respond Assistant to request, collect, monitor, and respond to reviews; Weave Email Marketing and Email Assistant; Text Connect to interact with their existing and potential patients online directly through their websites; Weave Payments, a payment processing solution; Practice Analytics provides real-time data on patient retention, appointment scheduling, treatment acceptance rates, and revenue generation; and Call Intelligence. In addition, the company provides Digital Forms to collect patient information; Insurance Verification that provides patient insurance plan details; and Scheduling to send automatic scheduling reminders through text message. It serves customers in dental, optometry, veterinary, medical, plastic surgery, physical therapy, medical spa, and other medical specialty industries. The company was formerly known as Recall Solutions, LLC and changed its name to Weave Communications, Inc. in October 2015. Weave Communications, Inc. was founded in 2008 and is headquartered in Lehi, Utah.

WEAV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WEAV Stock News Headlines

April 17, 2024 | businesswire.com

Weave Announces Date of First Quarter 2024 Financial Results and Conference Call

April 16, 2024 | msn.com

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April 17, 2024 | Paradigm Press (Ad)

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April 16, 2024 | msn.com

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April 16, 2024 | finance.yahoo.com

Weave Communications, Inc. (WEAV) Flat As Market Gains: What You Should Know

April 16, 2024 | finance.yahoo.com

UiPath (PATH) and Weave Communications (WEAV) Are Aggressive Growth Stocks

April 15, 2024 | businesswire.com

Weave Now Integrates with Shepherd

April 17, 2024 | Paradigm Press (Ad)

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April 15, 2024 | msn.com

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April 12, 2024 | americanbankingnews.com

Weave Communications, Inc. (NYSE:WEAV) Given Consensus Rating of "Moderate Buy" by Analysts

April 11, 2024 | msn.com

Privacy talks are heating up in Congress. Here’s what to watch for.

April 11, 2024 | msn.com

Truth Social Losses Deal Humiliating Blow to Trump’s Biggest Brag

April 10, 2024 | businesswire.com

Weave Named to the 2024 Women Tech Council Shatter List for Third Consecutive Year

April 9, 2024 | msn.com

Here’s how to find a gentle laundry detergent if your skin is sensitive, per derms

April 7, 2024 | msn.com

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April 7, 2024 | msn.com

Author’s victory over inner demons is an inspiring redemption story

April 4, 2024 | finance.yahoo.com

KILL One-Third of Patients Delay Healthcare Due to Cost, New Weave Survey Reveals

April 4, 2024 | msn.com

Here's What You Need to Know About Autism Spectrum Disorder

April 4, 2024 | msn.com

Linda C. Black Horoscopes: April 4

April 4, 2024 | businesswire.com

One-Third of Patients Delay Healthcare Due to Cost, New Weave Survey Reveals

April 4, 2024 | msn.com

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April 3, 2024 | msn.com

Gemini, Horoscope Today, April 4, 2024: Embrace the lessons and opportunities learned

April 3, 2024 | businesswire.com

Weave Enhances Integration with DrChrono by EverHealth

April 2, 2024 | msn.com

Remember Travis Kelce’s Cheesecake Factory fit? It could beat Taylor Swift for an award

April 2, 2024 | businesswire.com

Weave Placed First in 30 Categories in G2 2024 Spring Report

April 1, 2024 | yahoo.com

Man shot multiple times in Ninth Ward

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NYSE:WEAV
CUSIP: N/A
CIK: 1609151
Web: www.getweave.com
Phone: 866-439-2826
Fax: N/A
Employees: 844
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.00
High Stock Price Target: $18.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +27.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.45)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-31,030,000.00
Net Margins: -18.20%
Pretax Margin: -18.05%
Return on Equity: -31.93%
Return on Assets: -12.26%

Debt

Debt-to-Equity Ratio: 0.08
Current Ratio: 1.78
Quick Ratio: 1.78

Sales & Book Value

Annual Sales: $170.47 million
Price / Sales: 4.57
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.14 per share
Price / Book: 9.62

Miscellaneous

Outstanding Shares: 70,980,000
Free Float: 41,268,000
Market Cap: $778.65 million
Optionable: Optionable
Beta: 2.24

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Key Executives

Mr. Brett T. White (Age 61)
CEO & Director
Comp: $735.36k
Ms. Erin Goodsell (Age 43)
Chief Legal Officer & Corporate Secretary
Comp: $462.6k
Mr. Alan Taylor (Age 62)
Chief Financial Officer
Comp: $341.18k
Mr. Branden Neish (Age 47)
Chief Product & Technology Officer
Mr. Mark McReynolds
Head of Investor Relations
Kali Geldis
Director of Communications
Mr. Chris Baird
Chief Marketing Officer
Ms. Brooke Shreeve
Chief People Officer
Mr. Marcus Bertilson
Chief Strategy & Services Officer
Mr. David McNeil
Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WEAV Stock Analysis - Frequently Asked Questions

Should I buy or sell Weave Communications stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Weave Communications in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WEAV shares.
View WEAV analyst ratings or view top-rated stocks.
What is Weave Communications' stock price target for 2024?: 6 brokers have issued 12 month target prices for Weave Communications' shares. Their WEAV share price targets range from $11.00 to $18.00. On average, they predict the company's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price.
View analysts price targets for WEAV or view top-rated stocks among Wall Street analysts.
How have WEAV shares performed in 2024?: Weave Communications' stock was trading at $11.47 at the beginning of the year. Since then, WEAV stock has decreased by 4.4% and is now trading at $10.97.
View the best growth stocks for 2024 here.
When is Weave Communications' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our WEAV earnings forecast.
How were Weave Communications' earnings last quarter?: Weave Communications, Inc. (NYSE:WEAV) issued its quarterly earnings data on Wednesday, February, 21st. The company reported ($0.10) earnings per share for the quarter, beating analysts' consensus estimates of ($0.11) by $0.01. The company earned $45.69 million during the quarter, compared to analysts' expectations of $44.24 million. Weave Communications had a negative trailing twelve-month return on equity of 31.93% and a negative net margin of 18.20%.
What ETF holds Weave Communications' stock?: AdvisorShares Dorsey Wright Micro-Cap ETF holds 3,132 shares of WEAV stock, representing 0.68% of its portfolio.

What guidance has Weave Communications issued on next quarter's earnings?: Weave Communications updated its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $45.2 million-$46.2 million, compared to the consensus revenue estimate of $45.6 million.
When did Weave Communications IPO?: Weave Communications (WEAV) raised $132 million in an initial public offering on Thursday, November 11th 2021. The company issued 5,000,000 shares at $25.00-$28.00 per share.
Who are Weave Communications' major shareholders?: Weave Communications' stock is owned by many different institutional and retail investors. Top institutional investors include Counterpoint Mutual Funds LLC (0.02%). Insiders that own company stock include Alan Taylor, Bessemer Venture Partners Ix L, Blake G Modersitzki, Erin Goodsell, Matthew C Hyde and Tiger Global Management Llc.
View institutional ownership trends.
How do I buy shares of Weave Communications?: Shares of WEAV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WEAV) was last updated on 4/17/2024 by MarketBeat.com Staff

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Weave Communications (WEAV) Stock Price, News & Analysis

Weave Communications MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Weave Communications Stock (NYSE:WEAV)

WEAV Stock Price History

WEAV Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

WEAV Stock Analysis - Frequently Asked Questions

Overall MarketRank^™