Weave Communications Inc [WEAV] stock prices are up 0.26% to $11.64 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WEAV shares have gain 5.91% over the last week, with a monthly amount drifted -31.65%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Weave Communications Inc [NYSE: WEAV] stock has seen the most recent analyst activity on February 26, 2024, when Raymond James upgraded its rating to a Strong Buy but kept the price target unchanged to $15 for it. Previously, Piper Sandler upgraded its rating to Overweight on January 02, 2024, and elevated its price target to $15. On June 26, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $13 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $6 on May 04, 2023. Loop Capital downgraded its rating to a Hold and reduced its price target to $5 on August 04, 2022. Raymond James downgraded its rating to Mkt Perform for this stock on March 03, 2022. In a note dated March 03, 2022, Piper Sandler downgraded an Neutral rating on this stock but restated the target price of $9.
The stock price of Weave Communications Inc [WEAV] has been fluctuating between $8.10 and $17.63 over the past year. Currently, Wall Street analysts expect the stock to reach $17.5 within the next 12 months. Weave Communications Inc [NYSE: WEAV] shares were valued at $11.64 at the most recent close of the market. An investor can expect a potential return of 50.34% based on the average WEAV price forecast.
Analyzing the WEAV fundamentals
The Weave Communications Inc [NYSE:WEAV] reported sales of 204.31M for trailing twelve months, representing a surge of 18.55%. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.14%, and Net Profit Margin reading is -0.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.41 and Total Capital is -0.28. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.84.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.32 points at the first support level, and at 11.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.96, and for the 2nd resistance point, it is at 12.28.
Ratios To Look Out For
It’s worth pointing out that Weave Communications Inc [NYSE:WEAV]’s Current Ratio is 1.42. Further, the Quick Ratio stands at 1.42, while the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 4.21, the price to book ratio is 12.73.
Transactions by insiders
Recent insider trading involved Taylor Alan, Chief Financial Officer, that happened on Mar 19 ’25 when 39498.0 shares were sold. Chief Financial Officer, Taylor Alan completed a deal on Mar 18 ’25 to sell 31262.0 shares. Meanwhile, Chief Revenue Officer McNeil Joseph David sold 51638.0 shares on Mar 18 ’25.
