Weave Communications (NYSE:WEAV – Get Free Report) had its target price cut by stock analysts at Stifel Nicolaus from $11.00 to $9.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 65.29% from the company’s current price.
Several other research firms have also commented on WEAV. Raymond James Financial lowered Weave Communications from a “strong-buy” rating to a “moderate buy” rating in a research note on Tuesday, January 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Weave Communications in a report on Monday, December 29th. Piper Sandler decreased their price objective on Weave Communications from $12.00 to $8.00 and set an “overweight” rating on the stock in a research note on Friday. Finally, Citigroup dropped their target price on shares of Weave Communications from $9.00 to $8.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $10.00.
View Our Latest Stock Report on WEAV
Weave Communications Price Performance
Weave Communications (NYSE:WEAV – Get Free Report) last announced its earnings results on Thursday, February 19th. The company reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03. Weave Communications had a negative net margin of 11.74% and a negative return on equity of 33.83%. The company had revenue of $63.40 million during the quarter, compared to analyst estimates of $63.19 million. Research analysts predict that Weave Communications will post -0.33 earnings per share for the current year.
Insider Activity
In other Weave Communications news, insider Erin Goodsell sold 9,615 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $6.89, for a total value of $66,247.35. Following the completion of the sale, the insider directly owned 527,055 shares of the company’s stock, valued at $3,631,408.95. The trade was a 1.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 18.40% of the company’s stock.
Institutional Investors Weigh In On Weave Communications
Institutional investors have recently added to or reduced their stakes in the business. Hilton Head Capital Partners LLC acquired a new position in shares of Weave Communications during the fourth quarter valued at about $26,000. Amundi increased its stake in Weave Communications by 27.1% during the 1st quarter. Amundi now owns 5,301 shares of the company’s stock valued at $59,000 after purchasing an additional 1,130 shares in the last quarter. Ameritas Investment Partners Inc. raised its holdings in shares of Weave Communications by 43.7% in the second quarter. Ameritas Investment Partners Inc. now owns 5,955 shares of the company’s stock worth $50,000 after buying an additional 1,812 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Weave Communications by 119.7% during the second quarter. Tower Research Capital LLC TRC now owns 8,683 shares of the company’s stock worth $72,000 after buying an additional 4,731 shares during the period. Finally, CWM LLC lifted its stake in shares of Weave Communications by 1,125.6% during the fourth quarter. CWM LLC now owns 9,033 shares of the company’s stock worth $69,000 after buying an additional 8,296 shares during the period. Institutional investors and hedge funds own 86.83% of the company’s stock.
Trending Headlines about Weave Communications
Here are the key news stories impacting Weave Communications this week:
- Positive Sentiment: Q4 results: EPS met consensus and revenue slightly beat estimates, signaling stable execution and revenue growth. Business Wire: Q4 Results
- Positive Sentiment: Company raised FY‑2026 revenue target to $273M–$276M and emphasized accelerating AI platform expansion and record gross margins/operating income — positive for longer‑term revenue mix and margin outlook. MSN: Revenue Target & AI Expansion
- Neutral Sentiment: Q1 and FY revenue guidance roughly in line with Street consensus (Q1: $64.2M–$64.8M; FY: $273M–$276M) — guidance reduces upside surprise risk but does not materially change near‑term expectations. Yahoo Finance: Earnings Call Summary
- Neutral Sentiment: Full earnings materials and call transcript are available for investors to review management commentary and slide details (useful for judging AI cadence and margin drivers). Seeking Alpha: Call Transcript
- Negative Sentiment: Analyst price‑target cuts: Stifel lowered its PT from $11 to $9 (still a Buy) and Piper Sandler cut from $12 to $8 (still Overweight) — trims upside expectations and likely pressured the stock despite positive ratings. TickerReport / Benzinga: Stifel PT Cut StreetInsider: Piper Sandler PT Cut
- Negative Sentiment: Still unprofitable on a GAAP basis: negative net margin (~‑14%) and negative return on equity remain investor concerns for sustainable profitability despite margin improvements. Zacks: Earnings Match & Metrics
Weave Communications Company Profile
Weave Communications is a technology company that provides integrated communications and customer management solutions tailored for small- to medium-sized local businesses. Headquartered in Lehi, Utah, the company developed a cloud-based platform that unifies voice calling, business texting, appointment reminders and payment processing within a single interface.
The platform’s core offerings include a unified business phone system, two-way texting, automated appointment and recall reminders, secure payment acceptance and a basic customer relationship management module.
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