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How to Buy Weave Communications Stock

Weave Communications Inc

Weave Communications is a app company located in Utah, United States, which is part of the Technology sector, and is traded under the ticker WEAV on the NYSE exchange.

Weave Communications stock last closed at $11.48, up 2.87% from the previous day, and has increased 141.18% in one year. It has overperformed other stocks in the Software - Application industry by 1.04 percentage points. Weave Communications stock is currently +184.16% from its 52-week low of $4.04, and -16.81% from its 52-week high of $13.80.

At the moment, there are 70.56M shares of WEAV outstanding. The market cap of WEAV is $810.05M. In the last 24 hours, 641,773 WEAV shares were traded.

How to Buy Weave Communications Stock

Not sure how to invest in Weave Communications stock? Here's how.
  1. Figure out where to buy Weave Communications stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Weave Communications stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Select your method of payment and add your info.
  4. Research Weave Communications stock: The Weave Communications ticker symbol is WEAV. Is Weave Communications stock a good investment? Should you buy shares of WEAV? How do WEAV's underlying business fundamentals look? Do top analysts think Weave Communications is a good buy? Why has WEAV's stock price moved recently? (Hint: Our stock market research website can help you decide if WEAV is a good stock to buy).
  5. Execute your WEAV buy order: Decide if you will purchase WEAV shares at the current market price or use a limit order to purchase WEAV shares at a particular price.
  6. Watch your WEAV position: Create a watchlist to keep track of your position in Weave Communications stock.

Step 1: Figure out where to buy Weave Communications stock

You need an online brokerage account in order to access the NYSE market and buy WEAV stock.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to invest in WEAV stock today.

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Step 3: Deposit money your brokerage account

Now that you have filled out your info on our top ranked stock market app, you need to deposit funds:

Check out the walkthrough below for more details depositing funds into your new investment account.

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Step 4: Research Weave Communications stock

Once you have decided on the best place to buy Weave Communications stock, it's important to analyze their stock before you buy, so you truly wrap your head around the risk as well as the upside.

Overview of key WEAV info

WEAV Price
$11.48
1w %
-3.93%
1y %
141.18%
5y %
N/A
P/E
-24.96x
P/B
10.26x
P/S
4.56x
PEG
N/A
Revenue
$170.47M
Earnings
-$31.03M
Fore. Rev. Growth
15.55%
Fore. Earn. Growth
N/A
Market Cap
$810.05M
Next Earnings
May 4, 2024
Next Dividend
N/A

WEAV Fundamentals

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on WEAV's stock page.

Is WEAV stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge WEAV's true value.

Using relative valuations ratios:

  • WEAV may be overvalued based on its P/B ratio of 10.26x, relative to Software - Application industry P/B ratio of 6.92x

You can access more valuation analysis on WEAV's stock here.

A quick look at WEAV Financials

Positive Health Checks:

  • There are more short-term assets than long-term liabilities on the WEAV balance sheet.
  • There are more short-term assets than short-term liabilities on the WEAV balance sheet.
  • WEAV profit margin has gone up from -35% to -18.2% in the past year.

Negative Health Checks:

  • WEAV has a relatively high debt to equity ratio of 1.55.
  • WEAV's operating cash flow of $10.22M allows it to safely service it's debt of $59.54M.
  • WEAV earnings of -$28.85M is not sufficient to cover its interest payments.

Is WEAV stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 Equities analysts who give forecasts on WEAV, the consensus analyst rating on WEAV is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Weave Communications stock forecast page.

WEAV Technicals

SMA10
11.52
SMA20
11.79
SMA50
12.19
SMA100
11.16
SMA200
10.25
MACD
-0.21
MACD Signal
-0.17
MACD Histogram
-0.04
RSI
45.76
Stochastic %K
16.32
Stochastic %D
17.81
StochRSI %K
17.49
StochRSI %D
19.21

How are WEAV Revenues/Earnings doing?

Last year, WEAV revenue was $170.47M. In the past four year, WEAV's revenue has increased by 38.94% per year. This was faster than the Software - Application industry average of 27.52%.

You can analyze WEAV's earnings and revenue performance here.

Are WEAV insiders buying or selling the stock?

In the past 12 months, insiders at WEAV have sold more shares than they have bought.

Erin Goodsell, Chief Legal Officer Corp.Sec of WEAV, was the latest WEAV insider to sell. They sold $143,598.78 worth of WEAV stock on Mar 15, 2024.

Research more about who owns WEAV shares here.

Does WEAV stock generate passive income?

No, Weave Communications doesn't provide an income stream by paying out dividends.

What do other traders have to say about WEAV?

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your WEAV buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, place a limit order.

Press the Open Trade button and your broker will place the order.

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Step 6: Watch your WEAV position

Now that you own some WEAV stock, you'll want to keep up with your new shares.

Start a watchlist to monitor your WEAV stock.

WEAV Feed

How to Buy Stock in Weave Communications

To summarize, here are the 6 steps to buy stock in Weave Communications:

  1. Figure out where to buy Weave Communications stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Research Weave Communications stock
  5. Execute your WEAV buy order
  6. Watch your WEAV position

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If you want to get updates on your investment in Weave Communications, create your watchlist below.

NYSE: WEAV
$11.48+0.32 (+2.87%)
Updated Mar 28, 2024
Open eToro Account
NYSE: WEAV
$11.48+0.32 (+2.87%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Weave Communications share?

As of Mar 28, 2024, it costs $11.48 to buy one share of Weave Communications stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.436 shares of WEAV.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Weave Communications stock?

According to 3 Wall Street analysts who monitor Weave Communications, their consensus recommendation is to buy Weave Communications stock.

What is the best way to buy Weave Communications stock?

One way to place an order for Weave Communications stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.