Weave CommunicationsWEAV
WEAV
About: Weave Communications Inc is a customer experience and payments software platform tailored for SMB healthcare businesses, that revolutionizes patient interaction from initial contact to billing. It integrates diverse workflows into a unified solution, minimizing manual tasks and maximizing patient engagement. Weave democratizes enterprise-level communication tools, simplifying them for SMBs in a singular platform. Offering varied communication channels, appointment scheduling, payment processing, and more, it enhances practitioner-patient relationships and optimizes practice operations. The company has a singular operating segment and revenue primarily from subscription services.
Employees: 844
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
45% more capital invested
Capital invested by funds: $462M [Q2] → $669M (+$207M) [Q3]
25% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 5 (+1) [Q3]
11% more funds holding
Funds holding: 140 [Q2] → 156 (+16) [Q3]
6% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 49
0.88% more ownership
Funds ownership: 72.02% [Q2] → 72.9% (+0.88%) [Q3]
19% less call options, than puts
Call options by funds: $635K | Put options by funds: $782K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14.50
8%
downside
Avg. target
$16.50
5%
upside
High target
$18
14%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Goldman Sachs Kash Rangan 60% 1-year accuracy 18 / 30 met price target | 8%downside $14.50 | Neutral Maintained | 1 Nov 2024 |
Loop Capital Mark Schappel 71% 1-year accuracy 22 / 31 met price target | 14%upside $18 | Buy Maintained | 31 Oct 2024 |
Piper Sandler Brent Bracelin 61% 1-year accuracy 74 / 122 met price target | 8%upside $17 | Overweight Maintained | 31 Oct 2024 |
Financial journalist opinion
Based on 3 articles about WEAV published over the past 30 days
Positive
Seeking Alpha
2 weeks ago
Weave Communications: Upgrading To Strong Buy, Here's Why
Weave's introduction of the New Weave platform and early success of Weave Enterprise demonstrate strategic maturity and long-term growth potential. Q3 results show strong revenue retention with gross and net retention levels at 92% and 98%, respectively, driven by successful product upsells. Continued gross margin expansion to 72% in Q3, with long-term targets of 75%-80%, indicates sustainable profitability improvements.
Positive
Zacks Investment Research
3 weeks ago
Are You Looking for a Top Momentum Pick? Why Weave Communications, Inc. (WEAV) is a Great Choice
Does Weave Communications, Inc. (WEAV) have what it takes to be a top stock pick for momentum investors? Let's find out.
Positive
Zacks Investment Research
4 weeks ago
2 Network Software Stocks to Watch From a Challenging Industry
Communication-Network Software providers like Weave Communications (WEAV) and Ribbon Communications (RBBN) benefit from the ongoing digitalization efforts, including a shift to cloud computing and the rapid deployment of 5G-based networks.
Neutral
Business Wire
1 month ago
Weave-Commissioned Survey Reveals How Patients Use Online Resources in Healthcare Decisions
LEHI, Utah--(BUSINESS WIRE)--A survey commissioned by Weave (NYSE: WEAV) reveals how patients across different generations depend on the internet for health research and how it influences their interactions with healthcare providers. From self-diagnosing symptoms to leveraging digital tools for decision-making, the study of 1,000 U.S.-based consumers underscores the growing role of the internet in shaping the healthcare journey. Key Findings Include: Generational Trends: Millennials are the mos.
Positive
Seeking Alpha
1 month ago
Weave Communications Is Turning The Corner To A Positive 2025 (Upgrade)
Weave Communications beat Q3 2024 revenue and earnings estimates, showing strong growth in revenue, bookings, and net revenue retention rate. The healthcare marketing and communications market is projected to grow significantly, benefiting Weave's SaaS offerings targeting healthcare and home service SMBs. Weave's strategic partnership with Patterson Dental and increased vendor interest enhance its growth prospects and valuation remains reasonable at a forward EV/Sales multiple of 5.5x.
Positive
Zacks Investment Research
1 month ago
Weave Communications, Inc. (WEAV) Soars to 52-Week High, Time to Cash Out?
Weave Communications (WEAV) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Neutral
Business Wire
1 month ago
Weave Wins 2024 Top Workplaces Culture Excellence Awards
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, has been named a 2024 Top Workplaces Culture Excellence winner in five categories. These awards are based entirely on verified employee feedback and are part of Energage's 17-year tradition of surveying and celebrating organizations nationwide and across 60 regional markets. The Top Workplaces awards honor organizations that p.
Neutral
Business Wire
1 month ago
Inc. Names Weave as a 2024 Power Partner Award Winner
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, was named a 2024 Inc. Power Partner Award winner. The prestigious list honors B2B organizations with proven track records supporting entrepreneurs. Weave received top marks from customers for being instrumental in helping their customers' businesses grow. "Healthcare providers, who often operate without the support of dedicate.
Neutral
Business Wire
1 month ago
Weights & Biases Announces General Availability of W&B Weave for Enterprises to Deliver Generative AI Applications with Confidence
LAS VEGAS--(BUSINESS WIRE)--Weights & Biases, the AI developer platform, today announced the general availability of W&B Weave at the AWS re:Invent annual conference. Weave helps developers evaluate, monitor, and iterate continuously to deliver high-quality and performant generative AI applications. Weave is a lightweight, developer-friendly toolkit that supports the entire generative AI workflow from experimentation to production and systematic iteration. Since the emergence of large l.
Neutral
GlobeNewsWire
1 month ago
CoreNest Capital Ignites Next-Gen Tech with New Investments in OpenAI, xAI, Weave Robotics, Blaze Money, Domu, Phonely, Andromeda Surgical, and Texture Capital
DUBAI, United Arab Emirates, Nov. 22, 2024 (GLOBE NEWSWIRE) -- CoreNest Capital , one of the most dynamic emerging players in venture capital, has announced its latest round of investments, backing seven innovative companies: OpenAI, xAI, Weave Robotics, Blaze Money, Domu, Phonely, Andromeda Surgical, and Texture Capital. These strategic investments underscore CoreNest's commitment to driving transformative growth across AI, robotics, MedTech, and fintech sectors.
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