Weave Communications Reports Buyout Deal and Strong Q1 Results

By EC Assets · Published 18 August 2026

Weave Communications shares surged following news of a $650 million buyout deal. The company, traded under the NYSE ticker WEAV, has been the subject of recent analyst assessments. These assessments have presented a range of viewpoints on the company's performance and outlook. Weave Communications is expected to announce its quarterly earnings on Wednesday, 2024, 10, 30. The company's Q4 and Full Year 2024 earnings conference call has already taken place. Weave Communications reported Q1 revenue growth of 17.4% year, over, year, reaching $65.5 million. Gross margin also rose to 73.2% in the first quarter. Analysts have rated Weave Communications, with some assigning a Strong Buy rating. One such rating included a $9.60 per share target. This rating was driven by a shift to hybrid, usage, based AI pricing. This article is intended for informational purposes only. It does not constitute investment advice.