NASDAQ:MAPS

WM Technology (MAPS) Stock Forecast, Price & News

$0.86

+0.01 (+1.18%)

(As of 06/7/2023 ET)

Compare

Today's Range: $0.81
▼
$0.89
50-Day Range: $0.62
▼
$1.12
52-Week Range: $0.60
▼
$5.79

Volume: 517,998 shs
Average Volume: 463,353 shs
Market Capitalization: $127.24 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.29

WM Technology MarketRank™ Forecast

Analyst Rating: Hold
2.29 Rating Score
Upside/Downside: 282.8% Upside
$3.29 Price Target
Short Interest: Bearish
6.82% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: Selling Shares
$34,305 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.20) to ($0.19) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.69 out of 5 stars

Business Services Sector

266th out of 329 stocks

Prepackaged Software Industry

161st out of 214 stocks

3.1

Analyst's Opinion

Consensus Rating
WM Technology has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.29, WM Technology has a forecasted upside of 282.8% from its current price of $0.86.
Amount of Analyst Coverage
WM Technology has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.82% of the float of WM Technology has been sold short.
Short Interest Ratio / Days to Cover
WM Technology has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.
Change versus previous month
Short interest in WM Technology has recently decreased by 6.85%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
WM Technology does not currently pay a dividend.
Dividend Growth
WM Technology does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MAPS.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for WM Technology this week, compared to 1 article on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, WM Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $34,305.00 in company stock.
Percentage Held by Insiders
41.89% of the stock of WM Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 31.72% of the stock of WM Technology is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for WM Technology are expected to grow in the coming year, from ($0.20) to ($0.19) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of WM Technology is -0.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of WM Technology is -0.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
WM Technology has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About WM Technology (NASDAQ:MAPS) Stock

WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase. It also provides monthly subscription-based business software solutions, including WM Listings, WM Orders, WM Store, WM Connectors, and WM Insights as well as other add-on products, such as WM Ads, WM AdSuite, WM Customer Relationship Management, WM Dispatch, and WM Screens. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.

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MAPS Stock News Headlines

June 7, 2023 | americanbankingnews.com

WM Technology, Inc. (NASDAQ:MAPS) Receives $3.29 Average Price Target from Brokerages

May 30, 2023 | americanbankingnews.com

Head-To-Head Comparison: WM Technology (NASDAQ:MAPS) vs. AudioEye (NASDAQ:AEYE)

June 8, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 26, 2023 | americanbankingnews.com

WM Technology (NASDAQ:MAPS) Coverage Initiated at Westpark Capital

May 24, 2023 | msn.com

WestPark Capital Initiates Coverage of WM Technology Inc - (MAPS) with Hold Recommendation

May 20, 2023 | americanbankingnews.com

Arden Lee Sells 27,043 Shares of WM Technology, Inc. (NASDAQ:MAPS) Stock

May 18, 2023 | finance.yahoo.com

The past three years for WM Technology (NASDAQ:MAPS) investors has not been profitable

May 9, 2023 | finance.yahoo.com

WM Technology, Inc. (MAPS) Reports Q1 Loss, Tops Revenue Estimates

June 8, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 9, 2023 | finance.yahoo.com

WM Technology, Inc. Reports First Quarter 2023 Financial Results

May 1, 2023 | markets.businessinsider.com

Cantor Fitzgerald Discontinues Research Coverage Of The Cannabis Sector

April 26, 2023 | finance.yahoo.com

WM Technology, Inc. Announces First Quarter 2023 Financial Results Conference Call

April 20, 2023 | americanbankingnews.com

Analysts Set WM Technology, Inc. (NASDAQ:MAPS) Price Target at $3.29

April 17, 2023 | msn.com

This Fast-Food Chain Is Partnering With Online Cannabis Marketplace Weedmaps To Celebrate 4/20

April 6, 2023 | benzinga.com

Weedmaps Celebrates Power of Weed This 420 Through Launch of '20 Days of Deals'

April 6, 2023 | finance.yahoo.com

Weedmaps Celebrates Power of Weed This 420 Through Launch of ‘20 Days of Deals’

March 28, 2023 | americanbankingnews.com

WM Technology, Inc. (NASDAQ:MAPS) Given Average Rating of "Hold" by Brokerages

March 23, 2023 | americanbankingnews.com

Piper Sandler Lowers WM Technology (NASDAQ:MAPS) Price Target to $1.50

March 20, 2023 | finance.yahoo.com

WM Technology, Inc. (NASDAQ:MAPS) Q4 2022 Earnings Call Transcript

March 17, 2023 | benzinga.com

WM Technology's Return On Capital Employed Overview

March 17, 2023 | benzinga.com

Weedmaps Stock Trading Higher On FY22 Revenue Growth Of 11%

March 16, 2023 | finance.yahoo.com

WM Technology, Inc. (MAPS) Reports Q4 Loss, Tops Revenue Estimates

March 16, 2023 | finance.yahoo.com

WM Technology, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

March 15, 2023 | msn.com

Earnings Outlook For WM Technology

February 24, 2023 | businesswire.com

WM Technology, Inc. Announces Fourth Quarter 2022 Financial Results Conference Call

January 17, 2023 | nz.finance.yahoo.com

With 58% ownership of the shares, WM Technology, Inc. (NASDAQ:MAPS) is heavily dominated by institutional owners

January 4, 2023 | finance.yahoo.com

WM Technology, Inc. Announces Participation at ICR Conference

See More Headlines

MAPS Price History

30 days | 90 days | 365 days | Advanced Chart

MAPS Company Calendar

Last Earnings: 3/16/2023
Today: 6/08/2023
Next Earnings (Estimated): 8/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Software—Application
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:MAPS
CUSIP: N/A
CIK: 1779474
Web: www.weedmaps.com
Phone: 844-933-3627
Fax: N/A
Employees: 580
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.29
High Stock Price Forecast: $5.00
Low Stock Price Forecast: $1.50
Forecasted Upside/Downside: +282.8%
Consensus Rating: Hold
Rating Score (0-4): 2.29
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.15)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-115,990,000.00
Net Margins: -50.74%
Pretax Margin: 60.87%
Return on Equity: -29.12%
Return on Assets: -13.99%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.21
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: $215.53 million
Price / Sales: 0.59
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.78 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 148,060,000
Free Float: 86,038,000
Market Cap: $127.24 million
Optionable: Optionable
Beta: 0.98

Key Executives

Mr. Douglas Francis (Age 45)
Co-Founder, Exec. Chair & Principal Exec. Officer
Comp: $69.7k

Mr. Justin Ross Hartfield (Age 38)
Co-Founder & Director
Comp: $50k

Mr. Arden Lee (Age 47)
Chief Financial Officer
Comp: $539.23k

Mr. Duncan Blake Grazier (Age 36)
Chief Technology Officer
Comp: $567.32k

Mr. Brian Camire (Age 43)
Gen. Counsel & Sec.
Comp: $434.92k

Mr. Greg Stolowitz
VP of Corp. Devel., Investor Relations & Treasury

Ms. Randa McMinn CMD (Age 46)
Chief Marketing Officer

Ms. Meera Pisharody
VP of People

Mr. Steven Jung (Age 45)
Advisor

Mike Grishaver
Sr. VP of Product

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MAPS Stock - Frequently Asked Questions

Should I buy or sell WM Technology stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for WM Technology in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MAPS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MAPS, but not buy additional shares or sell existing shares.
View MAPS analyst ratings or view top-rated stocks.
What is WM Technology's stock price forecast for 2023?: 7 brokerages have issued 1 year price objectives for WM Technology's stock. Their MAPS share price forecasts range from $1.50 to $5.00. On average, they predict the company's share price to reach $3.29 in the next year. This suggests a possible upside of 282.8% from the stock's current price.
View analysts price targets for MAPS or view top-rated stocks among Wall Street analysts.
How have MAPS shares performed in 2023?: WM Technology's stock was trading at $1.01 on January 1st, 2023. Since then, MAPS shares have decreased by 14.9% and is now trading at $0.8594.
View the best growth stocks for 2023 here.
When is WM Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our MAPS earnings forecast.
How were WM Technology's earnings last quarter?: WM Technology, Inc. (NASDAQ:MAPS) posted its quarterly earnings data on Thursday, March, 16th. The company reported ($0.25) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by $0.12. The firm had revenue of $49.29 million for the quarter, compared to analyst estimates of $47.68 million. WM Technology had a negative net margin of 50.74% and a negative trailing twelve-month return on equity of 29.12%.
What ETFs hold WM Technology's stock?: ETFs with the largest weight of WM Technology (NASDAQ:MAPS) stock in their portfolio include AXS Cannabis ETF (THCX), Global X Cannabis ETF (POTX), Amplify Seymour Cannabis ETF (CNBS), ETFMG U.S. Alternative Harvest ETF (MJUS), ETFMG Alternative Harvest ETF (MJ) and AdvisorShares Pure Cannabis ETF (YOLO).Cambria Cannabis ETF (TOKE) and

What guidance has WM Technology issued on next quarter's earnings?: WM Technology issued an update on its first quarter 2023 earnings guidance on Thursday, March, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $47.00 million-$47.00 million, compared to the consensus revenue estimate of $49.25 million.
What is WM Technology's stock symbol?: WM Technology trades on the NASDAQ under the ticker symbol "MAPS."
Who are WM Technology's major shareholders?: WM Technology's stock is owned by many different retail and institutional investors. Top institutional investors include ETF Managers Group LLC (3.46%), BlackRock Inc. (3.11%), Mirae Asset Global Investments Co. Ltd. (1.84%), Polar Asset Management Partners Inc. (1.52%), Requisite Capital Management LLC (0.86%) and Penserra Capital Management LLC (0.75%). Insiders that own company stock include Arden Lee, Brian Camire, Christopher Beals, Duncan Grazier, Juan Jose Feijoo-Osorio, Justin Dean, Justin Hartfield and Luxor Capital Group, Lp.
View institutional ownership trends.
How do I buy shares of WM Technology?: Shares of MAPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is WM Technology's stock price today?: One share of MAPS stock can currently be purchased for approximately $0.86.
How much money does WM Technology make?: WM Technology (NASDAQ:MAPS) has a market capitalization of $127.24 million and generates $215.53 million in revenue each year. The company earns $-115,990,000.00 in net income (profit) each year or ($1.15) on an earnings per share basis.
How many employees does WM Technology have?: The company employs 580 workers across the globe.
How can I contact WM Technology?: WM Technology's mailing address is MAPLES CORPORATE SERVICES LIMITED PO BOX 309 UGLAND HOUSE, GRAND CAYMAN E9, KY1-1104. The official website for the company is www.weedmaps.com. The company can be reached via phone at 844-933-3627 or via email at ir@silverspikecap.com.

This page (NASDAQ:MAPS) was last updated on 6/8/2023 by MarketBeat.com Staff

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