#2 - Weave Communications (NYSE:WEAV)
Weave Communications Inc. (NYSE: WEAV) offers a customer communications and engagement software platform for server message block (SMB) healthcare practitioners in the United States. These SMBs are often forced to deploy a series of platforms to handle messaging, payments, and the like. Weave's platform integrates it into an all-in-one system that makes offices more efficient and increases patient satisfaction.
With annual revenue of just over $1 billion, the company believes it's only scratching the surface of its total addressable market (TAM). Weave is not yet profitable, but it has had seven consecutive quarters of expanding margins, and the company is now reporting positive cash from operations and free cash flow (FCF).
WEAV stock is up 122% in the last 52 weeks. That has the stock near the top of the consensus price target of the Weave Communications analyst ratings on MarketBeat. However, as the company adds customers and becomes profitable, this stock will have significant room to run higher.
About Weave Communications
Weave Communications, Inc provides a customer experience and payments software platform in the United States and Canada. Its platform enables small and medium-sized healthcare businesses to maximize the value of their patient interactions and minimize the time and effort spent on manual or mundane tasks.
Read More - Current Price
- $16.12
- Consensus Rating
- Buy
- Ratings Breakdown
- 4 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $16.50 (2.4% Upside)
