MAPS stock icon

WM Technology

0.8933 USD
-0.0267
2.90%
At close Oct 18, 4:00 PM EDT
1 day
-2.90%
5 days
3.87%
1 month
-7.51%
3 months
-8.86%
6 months
-21.64%
Year to date
11.80%
1 year
-23.65%
5 years
-95.65%
 

About: WM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises B2C platform Weedmaps, and B2B software WM Business. Its revenues are derived primarily from monthly subscriptions to Weedmaps for Business, featured and deal listings and other WM Ad solutions. The Weedmaps for Business subscriptions generally have one-month terms that automatically renew unless notice of cancellation is provided in advance. Featured and deal listings and other WM Ad solutions are offered as add-on products to the Weedmaps for Business subscriptions. Featured and deal listings provide customers with premium placement ad solutions and discount and promotion pricing tools. Other WM Ad solutions include banner ads and promotion tiles on our marketplace ads.

Employees: 440

0
Funds holding %
of 6,740 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

19,433% more call options, than puts

Call options by funds: $586K | Put options by funds: $3K

127% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 15

86% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 14

30% more funds holding

Funds holding: 64 [Q1] → 83 (+19) [Q2]

4.25% less ownership

Funds ownership: 39.66% [Q1] → 35.41% (-4.25%) [Q2]

28% less capital invested

Capital invested by funds: $48.5M [Q1] → $35M (-$13.5M) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$2.61
192%
upside
Avg. target
$2.61
192%
upside
High target
$2.61
192%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
WestPark Capital
Casey Ryan
23% 1-year accuracy
3 / 13 met price target
192%upside
$2.61
Buy
Reiterated
12 Aug 2024

Financial journalist opinion

Based on 83 articles about MAPS published over the past 30 days

Charts implemented using Lightweight Charts™