Piper Sandler Has Lowered Expectations for Weave Communications (NYSE:WEAV) Stock Price

Weave Communications (NYSE:WEAV) had its price objective lowered by Piper Sandler from $12.00 to $8.00 in a note issued to investors on Friday, MarketBeat.com reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s price target suggests a potential upside of 46.92% from the stock’s previous close.

Several other equities analysts have also recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Weave Communications in a research note on Monday, December 29th. Raymond James Financial cut shares of Weave Communications from a “strong-buy” rating to a “moderate buy” rating in a report on Tuesday, January 6th. Stifel Nicolaus dropped their price target on Weave Communications from $13.00 to $11.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Finally, Citigroup cut their price objective on Weave Communications from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $10.00.

Weave Communications Stock Performance

Shares of NYSE WEAV opened at $5.45 on Friday. Weave Communications has a 1 year low of $5.15 and a 1 year high of $15.71. The firm has a market cap of $424.85 million, a P/E ratio of -15.13 and a beta of 1.69. The stock has a fifty day moving average price of $6.69 and a two-hundred day moving average price of $6.89. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.24 and a current ratio of 1.24.

Weave Communications (NYSE:WEAV) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.03 earnings per share for the quarter, meeting the consensus estimate of $0.03. Weave Communications had a negative return on equity of 33.83% and a negative net margin of 11.74%.The business had revenue of $63.40 million during the quarter, compared to analyst estimates of $63.19 million. Research analysts forecast that Weave Communications will post -0.33 EPS for the current fiscal year.

Insider Buying and Selling

In other Weave Communications news, insider Erin Goodsell sold 9,615 shares of Weave Communications stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $6.89, for a total transaction of $66,247.35. Following the transaction, the insider directly owned 527,055 shares in the company, valued at approximately $3,631,408.95. The trade was a 1.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 18.40% of the company’s stock.

Institutional Trading of Weave Communications

Several hedge funds and other institutional investors have recently modified their holdings of the business. Corient Private Wealth LLC acquired a new position in Weave Communications during the fourth quarter valued at $129,000. XTX Topco Ltd purchased a new position in Weave Communications during the 4th quarter valued at about $649,000. Stoic Point Capital Management LLC purchased a new position in Weave Communications during the 4th quarter valued at about $87,000. Polymer Capital Management US LLC increased its holdings in shares of Weave Communications by 25.5% in the 4th quarter. Polymer Capital Management US LLC now owns 19,134 shares of the company’s stock valued at $145,000 after purchasing an additional 3,884 shares during the period. Finally, Potrero Capital Research LLC purchased a new stake in shares of Weave Communications in the fourth quarter worth approximately $5,893,000. Institutional investors and hedge funds own 86.83% of the company’s stock.

Key Stories Impacting 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

About Weave Communications

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.