Zacks Industry Outlook Highlights Weave Communications and Ribbon Communications [Yahoo! Finance]
Weave Communications, Inc. (WEAV)
Company Research
Source: Yahoo! Finance
Chicago, IL – October 1, 2024 – Today, Zacks Equity Research discusses Weave Communications WEAV and Ribbon Communications RBBN. Industry: Network Software Link: https://www.zacks.com/commentary/2343492/2-network-software-stocks-to-watch-from-a-challenging-industry The Zacks Communication-Network Software industry players are suffering from challenging macroeconomic conditions and steep inflation. Small and medium businesses have deferred capital spending on infrastructure buildout due to higher interest rates and inflation, which does not bode well for industry players. Nevertheless, industry players like Weave Communications and Ribbon Communications are gaining from the ongoing digitalization efforts that include a shift to cloud computing and the rapid deployment of 5G-based networks. The strong demand for network security benefits industry participants as a secure environment is required to run cloud-based applications. Industry players are leveraging AI and machine lear
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WEAV
News
- Weave Communications, Inc. (WEAV) Is Up 8.08% in One Week: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Why Weave Communications (WEAV) Might be Well Poised for a Surge [Yahoo! Finance]Yahoo! Finance
- Weave Communications, Inc. (NYSE: WEAV) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $13.00 to $14.50. They now have a "neutral" rating on the stock.MarketBeat
- Weave Communications, Inc. (NYSE: WEAV) had its price target raised by analysts at Loop Capital from $15.00 to $18.00. They now have a "buy" rating on the stock.MarketBeat
- Weave Communications, Inc. (NYSE: WEAV) had its price target raised by analysts at Piper Sandler from $16.00 to $17.00. They now have an "overweight" rating on the stock.MarketBeat
WEAV
Earnings
- 10/30/24 - Beat
WEAV
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- WEAV's page on the SEC website