BTIG Research initiated coverage on WM Technology with a new price target
$MAPS
Computer Software: Prepackaged Software
Technology
BTIG Research initiated coverage of WM Technology with a rating of Buy and set a new price target of $17.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2022 | $5.00 → $2.00 | Buy → Hold | Truist |
| 8/10/2022 | Buy → Neutral | BTIG Research | |
| 8/10/2022 | $8.00 → $4.00 | Overweight → Neutral | Piper Sandler |
| 8/10/2022 | $10.00 → $3.20 | Buy → Hold | Stifel |
| 2/24/2022 | $14.00 → $9.00 | Overweight | Piper Sandler |
| 2/24/2022 | $6.25 → $7.65 | Overweight | Cantor Fitzgerald |
| 1/25/2022 | $11.00 → $6.25 | Overweight | Cantor Fitzgerald |
| 11/23/2021 | $11.00 | Overweight | Cantor Fitzgerald |
Weedmaps (NASDAQ:MAPS), a prominent online cannabis marketplace, announced a partnership with NuggMD, the leading telemedicine platform for medical cannabis patients. This collaboration aims to streamline the medical cannabis education and application process for patients through a new pilot program. Initial Phase And Target States The program seeks to improve access to medical cannabis by connecting potential patients on Weedmaps with NuggMD’s telehealth platform, according to a press release. The initial phase is active in Florida, Oklahoma, Pennsylvania, West Virginia and Louisiana, five states served by NuggMD. Patient Education And Convenience “We’re seeing more and more po
WM Technology's (NASDAQ:MAPS) sales declined by 4.5% year-over-year and quarter-over-quarter in Q1 2024. Average monthly paying clients decreased by 1.5% sequentially to 4,937, while average monthly revenue per client fell 1.5% to $2,997. Nevertheless, in his latest report, senior analyst Pablo Zuanic from Zuanic & Associates finds a bull case for the cannabis tech stock. Q1 2024: Highlights EBITDA margins remained above 20%, reaching 21.6% in Q1 2024 due to reduced sales and marketing expenses and improved cost efficiencies. California accounted for approximately 55% of sales, with Colorado, Michigan and Oklahoma contributing about 30%. The company generated $10 million in EBITDA f
10-Q - WM TECHNOLOGY, INC. (0001779474) (Filer)
8-K - WM TECHNOLOGY, INC. (0001779474) (Filer)
8-K - WM TECHNOLOGY, INC. (0001779474) (Filer)
4 - WM TECHNOLOGY, INC. (0001779474) (Issuer)
4 - WM TECHNOLOGY, INC. (0001779474) (Issuer)
4 - WM TECHNOLOGY, INC. (0001779474) (Issuer)
Net Income Increased 312% Year-Over-Year to $5.3 million Cash Increased 31% from Year-End to $45.0 million Adjusted EBITDA of $11.3 million Represents Eighth Consecutive Quarter of Adjusted EBITDA Profitability WM Technology, Inc. ("WM Technology" or the "Company") (NASDAQ:MAPS), a leading technology and software infrastructure provider to the cannabis industry, today announced its financial results for the third quarter ended September 30, 2024. "Our third quarter results mark yet another consecutive period of strong financial performance and positive cash flow, underscoring the solid foundation our team has built," said Doug Francis, CEO of WM Technology. "In the two years since I
WM Technology, Inc. ("WM Technology" or the "Company") (NASDAQ:MAPS), a leading marketplace and technology solutions provider to the cannabis industry, today announced it will report financial results for its third quarter ended September 30, 2024 after market close on Tuesday, November 12, 2024. Management will host a webcast to discuss the Company's financial results at 2:00 p.m. Pacific Time (or 5:00 p.m. Eastern Time) on the same day. A replay of the call will be available at ir.weedmaps.com by the end of the day on November 13. WM Technology Third Quarter 2024 Financial Results Webcast When Tuesday, November 12, 2024 Time 2 p.m. PT / 5 p.m. ET Webcast Link
The Company Reported Net Revenues of $45.9 million, Net Income of $1.2 million, Adjusted EBITDA of $10.1 million, and Cash of $41.3 million WM Technology, Inc. ("WM Technology" or the "Company") (NASDAQ:MAPS), a leading technology and software infrastructure provider to the cannabis industry, today announced its financial results for the second quarter ended June 30, 2024. "We are extremely pleased with our accomplishments this quarter, which reflect the hard work and dedication of our entire team," said Doug Francis, Executive Chair of WM Technology. "Through our commitment to operational discipline, we have strengthened our financial position, enabling us to invest and build for the f
SC 13G/A - WM TECHNOLOGY, INC. (0001779474) (Subject)
SC 13G/A - WM TECHNOLOGY, INC. (0001779474) (Subject)
SC 13G/A - WM TECHNOLOGY, INC. (0001779474) (Subject)
Net Income Increased 312% Year-Over-Year to $5.3 million Cash Increased 31% from Year-End to $45.0 million Adjusted EBITDA of $11.3 million Represents Eighth Consecutive Quarter of Adjusted EBITDA Profitability WM Technology, Inc. ("WM Technology" or the "Company") (NASDAQ:MAPS), a leading technology and software infrastructure provider to the cannabis industry, today announced its financial results for the third quarter ended September 30, 2024. "Our third quarter results mark yet another consecutive period of strong financial performance and positive cash flow, underscoring the solid foundation our team has built," said Doug Francis, CEO of WM Technology. "In the two years since I
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Nov. 04, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises WM Technology, Inc. ("WM Technology" or the "Company") (NASDAQ: MAPS) investors of a class action representing investors that bought securities between May 25, 2021 and September 24, 2024, inclusive (the "Class Period"). WM Technology investors have until December 16, 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a compli
WM Technology, Inc. ("WM Technology" or the "Company") (NASDAQ:MAPS), a leading marketplace and technology solutions provider to the cannabis industry, today announced it will report financial results for its third quarter ended September 30, 2024 after market close on Tuesday, November 12, 2024. Management will host a webcast to discuss the Company's financial results at 2:00 p.m. Pacific Time (or 5:00 p.m. Eastern Time) on the same day. A replay of the call will be available at ir.weedmaps.com by the end of the day on November 13. WM Technology Third Quarter 2024 Financial Results Webcast When Tuesday, November 12, 2024 Time 2 p.m. PT / 5 p.m. ET Webcast Link
Truist downgraded WM Technology from Buy to Hold and set a new price target of $2.00 from $5.00 previously
BTIG Research downgraded WM Technology from Buy to Neutral
Piper Sandler downgraded WM Technology from Overweight to Neutral and set a new price target of $4.00 from $8.00 previously
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Nov. 04, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises WM Technology, Inc. ("WM Technology" or the "Company") (NASDAQ: MAPS) investors of a class action representing investors that bought securities between May 25, 2021 and September 24, 2024, inclusive (the "Class Period"). WM Technology investors have until December 16, 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a compli
Weedmaps (NASDAQ:MAPS) a leading online cannabis marketplace for consumers, today announced the appointment of Glen Ibbott to the Company's Board of Directors, effective October 1. "Glen is an accomplished leader with deep experience in the cannabis industry and we are excited to have him join WM Technology's Board of Directors," said Doug Francis, Executive Chair, WM Technology. "He brings a wealth of insight to our Board as we continue to grow both as a business and an industry, and pursue our mission of enabling safe, legal access to cannabis for consumers worldwide." A seasoned executive with more than 25 years of experience, Ibbott is the founder of GK Financial Ventures, a financial
Sunderland Capital Has Deep Knowledge and Investment Success in the Cannabis SectorTORONTO, ON / ACCESSWIRE / April 21, 2022 / CordovaCann Corp. (CSE:CDVA) (OTCQB:LVRLF) ("Cordova" or the "Company"), a cannabis-focused consumer products company, is pleased to announce the closing of a non-brokered private placement financing (the "Offering"), pursuant to which the Company issued 6,718,000 units ("Units") of Cordova priced at $0.25 USD per unit for gross proceeds of $1,679,500 USD. Each Unit is comprised of one common share of the Company and one warrant ("Warrant") that entitles the holder to purchase one share of common stock in the Company at a price of $1.25 CDN per share for a period of