From Nasdaq:

Weave Communications, Inc. (WEAV) closed at $12.97, marking a +0.15% move from the prior day. Shares gained 15.42% over the previous month, ahead of the Computer and Technology sector. Next earnings report is expected on February 21, 2024, with a projected EPS of -$0.03 and revenue of $44.24 million.

Recent shifts in analyst projections for Weave Communications, Inc reveal changing business trends. Such adjustments can impact stock prices. WEAV holds a Zacks Rank of #2 (Buy) and a Zacks Industry Rank of 36, placing it in the top 15% of the sector. This is confirmed by Zacks’ impressive track record that shows stocks at #1 have delivered an average annual return of +25% since 1988.

The Communication – Network Software industry has a Zacks Industry Rank of 36, putting it in the top 15% of all 250+ industries. Weave Communications, Inc. holds a Zacks Rank of #2 (Buy) currently. Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

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Read more: Weave Communications, Inc. (WEAV) Rises But Trails Market: What Investors Should Know