Weave Communications, Inc. (WEAV)

Weave Communications' stock (WEAV) has experienced a notable decline over the past year. The company reported strong financial results for Q2 and Q3 2025, exceeding revenue guidance. In Q2 2025, Weave acquired TrueLark, an AI-powered workflow automation solution. On January 7, 2026, Raymond James downgraded Weave Communications' stock to "Outperform" from "Strong Buy," lowering its price target.

Weave Communications has not highlighted any particular seasonality dynamics in its payments business. The company's business model suggests a relatively stable demand for its services due to its focus on essential communication and operational efficiency tools for healthcare providers.

Weave Communications, Inc. (WEAV) is a leading SaaS provider of an all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses. Its offerings streamline communication, engagement, and payment workflows, including VoIP phone systems, two-way text messaging, online reviews management, integrated payment solutions, online scheduling, and practice management tools. The company generates revenue through a subscription-based SaaS model, with a growing portion from payments processing.

Weave Communications primarily serves small and medium-sized healthcare practices across the United States and Canada, with a significant market presence throughout North America. The company is actively exploring opportunities to expand into international markets.

In the past year, Weave Communications has garnered several accolades and recognitions, indicating a strong brand reputation. It was named an Inc. Power Partner, recognized as a G2 leader in Patient Relationship Management software, listed as a Top 50 Product for Small Business, received a Top Workplaces USA award for the third consecutive year, and acknowledged by G2 in its Spring 2024 report for its dedication to customer service.

Weave Communications, Inc. is predominantly owned by institutional investors, who hold approximately 84.06% to 87% of the company's shares. Major institutional shareholders include FMR LLC, Crosslink Capital Inc, Wasatch Advisors Inc (or LP), The Vanguard Group, Inc., BlackRock, Inc., Pelion, Inc. (or Pelion Venture Partners VI, L.P.), and State Street Corp (or State Street Global Advisors, Inc.). Significant individual and insider owners include Tyler Newton, Catalyst Investors Partners IV LP, Bessemer Venture Partners IX LP, and Tiger Global Management LLC. Insider selling has been observed over the past three months.