Wall Street Analysts Predict a 25.09% Upside in Weave Communications (WEAV): Here's What You Should Know

Core Viewpoint - Weave Communications, Inc. (WEAV) shows potential for a solid upside based on Wall Street analysts' short-term price targets, with a mean estimate of $16.50 indicating a potential upside of 25.1% from the current price of $13.19 [1] Price Targets Analysis - The average of seven short-term price targets ranges from a low of $13 to a high of $20, with a standard deviation of $2.29, indicating variability among analysts [2] - The lowest estimate suggests a decline of 1.4%, while the most optimistic estimate indicates a 51.6% upside [2] - A low standard deviation signifies a strong agreement among analysts regarding the stock's price movement direction [7] Earnings Estimates and Analyst Sentiment - Analysts exhibit strong agreement in revising earnings per share (EPS) estimates higher, which correlates with potential stock price increases [9] - The Zacks Consensus Estimate for the current year has risen by 12.2% over the past month, with four estimates increasing and no negative revisions [10] - WEAV holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [11]