
WM Technology (MAPS) Stock Forecast & Price Target
WM Technology (MAPS) Analyst Ratings
Bulls say
WM Technology Inc. continues to demonstrate robust growth, with a consistent increase in total customers, rising to 5,225 in the latest quarter, indicating strong demand for its services in the cannabis industry. The stability in average revenue per customer at $3,041 per month suggests a solid retention strategy, despite earlier fluctuations. The company's proactive investments in R&D and marketing are anticipated to enhance revenue generation and market share, positioning it favorably for expansion into new product areas and markets, such as hemp, in the upcoming years.
Bears say
WM Technology Inc's revised financial outlook anticipates a decrease in revenues, projecting FY25 at $178 million and FY26 at $209 million, compared to earlier estimates of $196 million and $203 million, respectively. The entry of major market competitors is poised to jeopardize Weedmaps' long-term business prospects, alongside potential shifts in customer acquisition strategies from leading cannabis retailers that could diminish demand for its offerings. Additionally, significant regulatory changes could further hinder WM Technology's ability to establish itself as a leading digital marketing platform in the cannabis industry.
This aggregate rating is based on analysts' research of WM Technology and is not a guaranteed prediction by Public.com or investment advice.
WM Technology (MAPS) Analyst Forecast & Price Prediction
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