Analysts predict WEAV shares will perform strongly in 2023

Samantha Gray

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Weave Communications Inc shares valued at $340,633 were sold by Newton Tyler on Nov 05 ’25. At $6.68 per share, Newton Tyler sold 50,993 shares. The insider’s holdings dropped to 50,992 shares worth approximately $0.32 million following the completion of this transaction.

Also, Tyler Newton purchased 50,993 shares, netting a total of over 340,607 in proceeds.

Before that, Christiansen Jason Paul had sold 3,897 shares from its account. In a trade valued at $29,228, the Chief Financial Officer traded Weave Communications Inc shares for $7.50 each. Upon closing the transaction, the insider’s holdings decreased to 3,897 shares, worth approximately $2.0 million.

As published in a research note from Raymond James on February 26, 2024, Weave Communications Inc [WEAV] has been rated up from an Outperform to a Strong buy and the price target has been revised to $15. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in early January. As of June 26, 2023, Loop Capital has increased its “Hold” rating to a “Buy” for WEAV. Earlier on May 04, 2023, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for WEAV stock which previously was a “a Mkt perform”.

Analyzing WEAV Stock Performance

On last trading session, Weave Communications Inc [NYSE: WEAV] rose 0.95% to $6.37. The stock’s lowest price that day was $6.25, but it reached a high of $6.455 in the same session. During the last five days, there has been a surge of approximately 12.94%. Over the course of the year, Weave Communications Inc shares have dropped approximately -54.21%. Shares of the company reached a 52-week high of $17.63 on 02/18/25 and a 52-week low of $5.64 on 11/19/25.

Support And Resistance Levels for Weave Communications Inc (WEAV)

According to the 24-hour chart, there is a support level at 6.26, which, if violated, would cause prices to drop to 6.15. In the upper region, resistance lies at 6.47. The next price resistance is at 6.57. RSI (Relative Strength Index) is 49.92 on the 14-day chart, showing neutral technical sentiment.

Is Weave Communications Inc subject to short interest?

Stocks of Weave Communications Inc saw a sharp steep in short interest on 2025-11-14 dropping by -0.83 million shares to 3.87 million. Data from Yahoo Finance shows that the short interest on 2025-10-15 was 4.7 million shares. A decline of -21.32% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.92 of the overall float, the days-to-cover ratio (short ratio) decline to 2.92.

Which companies own the most shares of Weave Communications Inc (WEAV)?

In terms of Weave Communications Inc share price expectations, FactSet research, analysts set an average price target of 17 in the next 12 months, up nearly 169.41% from the previous closing price of $6.31. Analysts anticipate Weave Communications Inc stock to reach 18 by 2025, with the lowest price target being 16. In spite of this, 4 analysts ranked Weave Communications Inc stock as Buy at the end of 2025. On August 04, 2022, Loop Capital assigned a price target of “a Hold” to the stock and downgraded coverage with a $5.

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.