Weave Communications, Inc. (WEAV)
NYSE: WEAV · IEX Real-Time Price · USD
8.65
+0.09 (1.05%)
May 31, 2024, 4:00 PM EDT - Market closed
Weave Communications Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for WEAV stock have an average target of 14, with a low estimate of 11 and a high estimate of 18. The average target predicts an increase of 61.85% from the current stock price of 8.65.
Analyst Consensus: Buy
* Price targets were last updated on Feb 26, 2024.
Analyst Ratings
The average analyst rating for WEAV stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 3 | 3 | 3 | 3 |
| Buy | 1 | 2 | 1 | 1 | 1 | 1 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy → Strong Buy Upgrades $15 | Buy → Strong Buy | Upgrades | $15 | +73.41% | Feb 26, 2024 |
| Stifel | Stifel | Strong Buy Maintains $15 → $18 | Strong Buy | Maintains | $15 → $18 | +108.09% | Feb 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $15 | Buy | Reiterates | $15 | +73.41% | Feb 22, 2024 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $8 → $15 | Hold → Buy | Upgrades | $8 → $15 | +73.41% | Jan 2, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $8 | Hold | Reiterates | $8 | -7.51% | Nov 2, 2023 |
Financial Forecast
Revenue This Year
202.48M
from 170.47M
Increased by 18.78%
Revenue Next Year
233.01M
from 202.48M
Increased by 15.08%
EPS This Year
-0.03
from -0.46
EPS Next Year
0.10
from -0.03
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 210.0M | 245.6M | 277.1M |
| Avg | 202.5M | 233.0M | 261.9M |
| Low | 191.1M | 216.3M | 239.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.2% | 21.3% | 18.9% |
| Avg | 18.8% | 15.1% | 12.4% |
| Low | 12.1% | 6.8% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.01 | 0.20 | 0.34 |
| Avg | -0.03 | 0.10 | 0.20 |
| Low | -0.07 | 0.04 | 0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 243.6% |
| Avg | - | - | 105.2% |
| Low | - | - | -9.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.