During the last session, Weave Communications Inc (NYSE:WEAV)’s traded shares were 1.37 million, with the beta value of the company hitting 1.98. At the end of the trading day, the stock’s price was $10.13, reflecting an intraday gain of 7.20% or $0.68. The 52-week high for the WEAV share is $17.63, that puts it down -74.04 from that peak though still a striking 19.25% gain since the share price plummeted to a 52-week low of $8.18. The company’s market capitalization is $758.74M, and the average trade volume was 969.09K shares over the past three months.
Weave Communications Inc (WEAV) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.57. WEAV has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 2 recommend a Buy rating for it.
Weave Communications Inc (NYSE:WEAV) trade information
Weave Communications Inc (WEAV) registered a 7.20% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 7.20% in intraday trading to $10.13, hitting a weekly high. The stock’s 5-day price performance is -4.43%, and it has moved by 9.28% in 30 days. Based on these gigs, the overall price performance for the year is 21.75%.
The consensus price target of analysts on Wall Street is $16, which implies an increase of 36.69% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $16 and $16 respectively. As a result, WEAV is trading at a discount of -57.95% off the target high and -57.95% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 5.67%. While earnings are projected to return 15.60% in 2025, the next five years will return 84.62% per annum.
WEAV Dividends
Weave Communications Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 6.0 million shares, is of DEER MANAGEMENT CO. LLC’s that is approximately 8.4166% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $54.12 million.
Also, the Mutual Funds coming in first place with the largest holdings of Weave Communications Inc (WEAV) shares are Fidelity Securities Fund-Fidelity Small Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Feb 28, 2025 indicates that Fidelity Securities Fund-Fidelity Small Cap Growth Fund owns about 2.1 shares. This amounts to just over 2.80 percent of the company’s overall shares, with a $21.28 million market value. The same data shows that the other fund manager holds slightly less at 1.91, or about 2.55% of the stock, which is worth about $19.37 million.
