Weave Communications Inc: Recent Developments and Financial Overview

Weave Communications, Inc., a software solution provider based in the United States, specializes in customer communications and engagement software platforms designed for small and medium-sized businesses. The company is listed on the New York Stock Exchange and can be accessed online at www.getweave.com .

Recent Acquisition Activity

The latest significant development for Weave Communications involves FMR LLC’s strategic acquisition of shares in the company. As of the most recent data, the stock price closed at $10.8 USD on May 1, 2025.

Financial Overview

Weave Communications operates within the Information Technology sector. The company’s market capitalization stands at approximately $799.93 million USD. Over the past year, the stock has experienced notable price fluctuations, reaching a 52-week high of $17.63 USD on February 17, 2025, and a 52-week low of $8.18 USD on June 3, 2024.

The company’s price-to-earnings ratio is currently -26.97, indicating that it is not generating positive earnings. Additionally, the price-to-book ratio is 11.68, reflecting a complex valuation scenario for investors.

Conclusion

Weave Communications continues to be a notable player in the software solutions market, particularly for small and medium-sized enterprises. The recent acquisition by FMR LLC highlights ongoing interest and strategic movements within the company’s shareholder base. Investors and stakeholders will likely monitor the company’s performance and strategic initiatives closely in the coming months.