Weave Communications, Inc. (WEAV)

Several events have influenced Weave Communications, Inc.'s stock performance in the past six months. The company reported strong financial results for Q1 2025, with total revenue increasing by 18.3% year-over-year, followed by the announcement of an agreement to acquire TrueLark. Weave continued its positive financial trajectory, with Q2 2025 revenue jumping 16%. Loop Capital Markets upgraded Weave to a "Strong Buy" with an $18 price target. The consensus target price for the stock saw a slight decrease from $17 to $16 over the past year, with the average one-year price target standing at $12.46 as of September 25, 2025. The share price as of September 25, 2025, was $7.01, marking an 8.84% decrease from the prior week. Despite reporting a Q4 2024 EPS of -$0.4, which was an improvement from previous years, it fell below analyst expectations of $0.01 per share. The company's Q1 2025 EPS guidance ranged from -$0.70 to $0.30. Over the past year, WEAV's stock underperformed both the US Software industry and the broader US Market, though its weekly volatility remained stable.

Weave Communications, Inc. experiences some demand seasonality for its products and services. The company noted "elevated seasonality in our variable costs, as customers usage of the platform increased significantly" in Q1, indicating that customer engagement with the platform and associated costs can fluctuate with seasonal patterns, particularly impacting the first quarter.

Weave Communications, Inc. is a leading provider of an all-in-one customer experience and payments software platform primarily serving small and medium-sized healthcare businesses. Its core business revolves around offering a unified platform that streamlines various aspects of patient interaction and practice management. Major products and services include a customized phone system, text messaging capabilities, payment processing solutions (Weave Payments), patient relationship management software, and Practice Analytics, which provides real-time data on patient retention, appointment scheduling, treatment acceptance rates, and revenue generation. The company also offers features like Softphones, Missed Call Text, Missed Text Auto-Reply, Team Chat, Weave Mobile App, Weave Reviews and Respond Assistant, Call Intelligence, Weave Email Marketing and Email Assistant, Text Connect, Weave Digital Forms, Insurance Verification, Online Scheduling, and Weave Enterprise for multi-location practices. Weave acquired TrueLark, a provider of AI-powered front-desk automation, to advance its AI roadmap.

Weave Communications, Inc. primarily serves small and medium-sized businesses across the U.S. and Canada.

Weave Communications, Inc. has garnered positive recognition for its brand and offerings in the past year. The company was named an Inc. Power Partner and recognized as a G2 leader in Patient Relationship Management software and was also listed as a Top 50 Product for Small Business. Weave was included in the Forbes Cloud 100, the Inc. 5000 list of fastest-growing companies in America, and Glassdoor's Best Places to Work. A strategic partnership with Patterson Dental has also enhanced its market position.

Major institutional and individual owners of Weave Communications, Inc. have engaged in various trading activities. Insider trading data from mid-2024 shows sales by entities and individuals including Catalyst Investors Partners IV, L.P., Alan Taylor, Tyler Newton, Branden Neish, and Brett T. White. In Q2 2025, institutional investor activity indicated that 65 institutional investors added WEAV shares to their portfolios, while 57 decreased their positions. Notable reductions in holdings were made by KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC, BLUE OWL CAPITAL HOLDINGS LP, and BAMCO INC /NY/.