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NYSE:WEAV

Weave Communications (WEAV) Stock Price, News & Analysis

$8.85
+0.20 (+2.31%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
$8.61
$8.90
50-Day Range
$8.32
$12.18
52-Week Range
$6.67
$13.80
Volume
314,100 shs
Average Volume
437,756 shs
Market Capitalization
$629.41 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.00

Weave Communications MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
58.2% Upside
$14.00 Price Target
Short Interest
Healthy
1.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.21mentions of Weave Communications in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.39) to ($0.32) 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.

2.46 out of 5 stars

Computer And Technology Sector

376th out of 595 stocks

Prepackaged Software Industry

128th out of 203 stocks

WEAV stock logo

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

WEAV Stock News Headlines

Weave Now Integrates with InfiniteVT
Q1 2024 Weave Communications Inc Earnings Call
Lantheus earnings: here's what Wall Street expects
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/26/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
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
+58.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-31,030,000.00
Pretax Margin
-16.92%

Debt

Sales & Book Value

Annual Sales
$178.08 million
Book Value
$1.03 per share

Miscellaneous

Free Float
45,305,000
Market Cap
$629.44 million
Optionable
Optionable
Beta
2.23
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Key Executives

  • Mr. Brett T. White (Age 61)
    CEO & Director
    Comp: $1.38M
  • Mr. Alan Taylor (Age 61)
    Chief Financial Officer
    Comp: $613.05k
  • Mr. Branden Neish (Age 48)
    Chief Product & Technology Officer
    Comp: $602.11k
  • Mr. Marcus Bertilson (Age 39)
    Chief Operating Officer
  • Mr. Mark McReynolds
    Head of Investor Relations
  • Ms. Erin Goodsell (Age 43)
    Chief Legal Officer & Corporate Secretary
    Comp: $462.6k
  • Mr. Chris Baird
    Chief Marketing Officer
  • Ms. Brooke Shreeve
    Chief People Officer
  • Mr. David McNeil (Age 55)
    Chief Revenue Officer

WEAV Stock Analysis - Frequently Asked Questions

Should I buy or sell Weave Communications stock right now?

6 Wall Street 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 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 Wall Street research analysts have issued 1 year price targets for Weave Communications' stock. 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 year. This suggests a possible upside of 58.2% 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 start of the year. Since then, WEAV stock has decreased by 22.8% and is now trading at $8.85.
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, August 7th 2024.
View our WEAV earnings forecast
.

How were Weave Communications' earnings last quarter?

Weave Communications, Inc. (NYSE:WEAV) issued its earnings results on Wednesday, May, 1st. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.08. The business earned $47.17 million during the quarter, compared to analyst estimates of $45.89 million. Weave Communications had a negative trailing twelve-month return on equity of 31.74% and a negative net margin of 17.06%. During the same period in the prior year, the company posted ($0.12) earnings per share.

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 issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $48.2 million-$49.2 million, compared to the consensus revenue estimate of $48.2 million.

When did Weave Communications IPO?

Weave Communications (WEAV) raised $132 million in an IPO 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 Vanguard Group Inc. (4.71%), Wasatch Advisors LP (2.75%), Lord Abbett & CO. LLC (1.83%), Acadian Asset Management LLC (1.10%), Silvercrest Asset Management Group LLC (0.71%) and Jacobs Levy Equity Management Inc. (0.22%). 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 5/27/2024 by MarketBeat.com Staff

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