Weave Communications Inc [WEAV] stock is trading at $8.41, down -2.89%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WEAV shares have gain 5.39% over the last week, with a monthly amount drifted -14.88%, 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.
Weave Communications Inc [WEAV] stock has fluctuated between $7.91 and $17.63 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Weave Communications Inc [NYSE: WEAV] shares were valued at $8.41 at the most recent close of the market. An investor can expect a potential return of 90.25% based on the average WEAV price forecast.
Analyzing the WEAV fundamentals
Weave Communications Inc [NYSE:WEAV] reported sales of 212.95M for the trailing twelve months, which represents a growth of 18.31%. Gross Profit Margin for this corporation currently stands at 0.72% 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 -0.16, Equity is -0.44 and Total Capital is -0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.81.
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 8.27 points at the first support level, and at 8.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.64, and for the 2nd resistance point, it is at 8.86.
Ratios To Look Out For
For context, Weave Communications Inc’s Current Ratio is 1.44. Also, the Quick Ratio is 1.44, while the Cash Ratio stands at 0.71. Considering the valuation of this stock, the price to sales ratio is 2.97, the price to book ratio is 9.19.
Transactions by insiders
Recent insider trading involved Christiansen Jason Paul, Chief Financial Officer, that happened on Jun 16 ’25 when 4070.0 shares were sold. Chief Financial Officer, Christiansen Jason Paul completed a deal on Jun 17 ’25 to sell 3940.0 shares. Meanwhile, Officer Christiansen Jason Paul bought 3940.0 shares on Jun 20 ’25.