Wall Street Zen Upgrades Weave Communications (NYSE:WEAV) to Buy

Posted by on Aug 17th, 2026

Weave Communications (NYSE:WEAV – Get Free Report) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Weave Communications in a research report on Wednesday, July 8th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $8.33.

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Weave Communications Stock Performance

Shares of WEAV opened at $5.47 on Friday. Weave Communications has a 1 year low of $4.24 and a 1 year high of $8.11. The company has a market cap of $438 million, a price-to-earnings ratio of -21.90 and a beta of 1.67. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a fifty day moving average of $6.17 and a 200-day moving average of $5.67.

Weave Communications (NYSE:WEAV – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.04 EPS for the quarter, hitting the consensus estimate of $0.04. Weave Communications had a negative net margin of 7.97% and a negative return on equity of 21.14%. The business had revenue of $67.54 million during the quarter, compared to analyst estimates of $67.88 million. As a group, equities analysts anticipate that Weave Communications will post -0.27 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WEAV. BlackRock Inc. acquired a new stake in shares of Weave Communications in the 2nd quarter worth approximately $31,807,000. Gumshoe Capital Management LLC acquired a new position in shares of Weave Communications during the fourth quarter valued at approximately $22,705,000. Pale Fire Capital SE acquired a new position in shares of Weave Communications during the first quarter valued at approximately $6,897,000. Disciplined Growth Investors Inc. MN bought a new stake in Weave Communications during the third quarter worth approximately $8,453,000. Finally, Engine Capital Management LP bought a new stake in Weave Communications during the first quarter worth approximately $4,858,000. 86.83% of the stock is owned by institutional investors and hedge funds.

About Weave Communications

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Weave Communications is a technology company that provides integrated communications and customer management solutions tailored for small- to medium-sized local businesses. Headquartered in Lehi, Utah, the company developed a cloud-based platform that unifies voice calling, business texting, appointment reminders and payment processing within a single interface.

The platform’s core offerings include a unified business phone system, two-way texting, automated appointment and recall reminders, secure payment acceptance and a basic customer relationship management module.

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Analyst Recommendations for Weave Communications (NYSE:WEAV)

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