MAPS icon

WM Technology

0.9048 USD
-0.0302
3.23%
At close Jul 30, 4:00 PM EDT
After hours
0.9004
-0.0044
0.49%
1 day
-3.23%
5 days
-7.81%
1 month
0.98%
3 months
-29.86%
6 months
-34.91%
Year to date
-37.60%
1 year
-18.49%
5 years
-91.03%
10 years
-90.78%
 

About: WM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises the B2C platform Weedmaps, and B2B software WM Business. Its revenues are derived primarily from monthly subscriptions to Weedmaps for Business, featured and deal listings and other WM Ad solutions. The Weedmaps for Business subscriptions generally have one-month terms that automatically renew unless notice of cancellation is provided in advance. Featured and deal listings and other WM Ad solutions are offered as add-on products to the Weedmaps for Business subscriptions. Featured and deal listings provide customers with premium placement ad solutions and discount and promotion pricing tools. Other WM Ad solutions include banner ads and promotion tiles on marketplace ads.

Employees: 457

0
Funds holding %
of 7,323 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 10

17% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 29

9% more funds holding

Funds holding: 95 [Q4 2024] → 104 (+9) [Q1 2025]

1.01% more ownership

Funds ownership: 41.03% [Q4 2024] → 42.04% (+1.01%) [Q1 2025]

10% less capital invested

Capital invested by funds: $55.3M [Q4 2024] → $49.9M (-$5.45M) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$2.61
188%
upside
Avg. target
$2.61
188%
upside
High target
$2.61
188%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
WestPark Capital
Casey Ryan
188%upside
$2.61
Buy
Reiterated
9 May 2025

Financial journalist opinion

Neutral
Business Wire
6 days ago
WM Technology, Inc. to Announce Second Quarter 2025 Financial Results via Webcast
IRVINE, Calif.--(BUSINESS WIRE)--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 second quarter ended June 30, 2025 after market close on Thursday, August 7, 2025. Management will host a webcast to discuss the Company's financial results at 2 p.m. Pacific Time (or 5 p.m. Eastern Time) on the same day. A replay of the call will be avail.
WM Technology, Inc. to Announce Second Quarter 2025 Financial Results via Webcast
Positive
MarijuanaStocks
1 week ago
Top Ancillary Cannabis Stocks to Watch in July 2025
The cannabis industry continues expanding rapidly, especially online. Many consumers now rely on digital platforms to explore products and find local dispensaries. At the same time, ancillary sectors like technology, packaging, and paraphernalia have become essential. These businesses do not handle cannabis directly. Instead, they support the market from the sidelines. The U.S. cannabis industry is valued at over $45 billion in 2025. Analysts expect strong growth to continue over the next five years. As demand rises, so does the need for accessories and digital services. Retailers depend on software and secure packaging to stay compliant. Additionally, online traffic helps drive sales and brand visibility. Because of this, ancillary companies remain in focus. They serve critical functions and often face fewer legal risks than growers or dispensaries. Therefore, many investors see them as smart exposure to the cannabis sector.
Top Ancillary Cannabis Stocks to Watch in July 2025
Neutral
Business Wire
1 month ago
The Special Committee of the Board of Directors of WM Technology Updates Stockholders on the Status of Non-Binding Proposal from Co-Founders Regarding Potential Take-Private
IRVINE, Calif.--(BUSINESS WIRE)--The special committee (the “Special Committee”) of the Board of Directors (the “Board”) of WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, today confirmed that it received a letter, dated June 23, 2025, from Douglas Francis, a founder, Chief Executive Officer and Chairman of the Board, Justin Hartfield, a founder and stockholder of WM Technology, and entiti.
The Special Committee of the Board of Directors of WM Technology Updates Stockholders on the Status of Non-Binding Proposal from Co-Founders Regarding Potential Take-Private
Positive
Seeking Alpha
1 month ago
WM Technology Is A Good Stock For Cannabis Investors
I am upgrading WM Technology (MAPS) to Strong Buy, after recently making it a significant position in my model portfolio due to its attractive valuation. Despite sector headwinds, MAPS has outperformed peers, maintains a strong balance sheet, and generates positive cash flow with no debt. The stock trades at a low enterprise value-to-EBITDA multiple, offering substantial upside potential, with a year-end target of $2.24—120% above current levels.
WM Technology Is A Good Stock For Cannabis Investors
Neutral
Seeking Alpha
2 months ago
WM Technology, Inc. (MAPS) Q1 2025 Earnings Call Transcript
WM Technology, Inc. (NASDAQ:MAPS ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Simon Yao - Director, Investor Relations Doug Francis - Chief Executive Officer Susan Echard - Chief Financial Officer Conference Call Participants Operator Good afternoon, everyone, and welcome to WM Technology, Inc.'s First Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode for the duration of the call.
WM Technology, Inc. (MAPS) Q1 2025 Earnings Call Transcript
Neutral
Business Wire
2 months ago
WM Technology, Inc. Reports First Quarter 2025 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading marketplace and technology solutions provider to the cannabis industry, today announced its financial results for the first quarter ended March 31, 2025. “Our first quarter results reflect focused execution in what remains a challenging environment for the cannabis industry,” said Doug Francis, CEO of WM Technology. “While there's been renewed attention around rescheduling, we've se.
WM Technology, Inc. Reports First Quarter 2025 Financial Results
Positive
Seeking Alpha
3 months ago
WM Technology: Speculative Upside With Or Without Take-Private Offer
WM Technology, Inc. has 60% upside potential with a $1.70 take-private offer announced last December from the founders of the company. WM's Q4 2024 results show a notable turnaround in operating income, from a $13 million loss to a $5 million gain. Despite industry challenges, WM's strong cash flow and low valuation multiples make it a compelling investment for risk-tolerant microcap investors.
WM Technology: Speculative Upside With Or Without Take-Private Offer
Neutral
Business Wire
3 months ago
WM Technology, Inc. to Announce First Quarter 2025 Financial Results via Webcast
IRVINE, Calif.--(BUSINESS WIRE)--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 first quarter ended March 31, 2025 after market close on Thursday, May 8, 2025. Management will host a webcast to discuss the Company's financial results at 2 p.m. Pacific Time (or 5 p.m. Eastern Time) on the same day. A replay of the call will be availabl.
WM Technology, Inc. to Announce First Quarter 2025 Financial Results via Webcast
Positive
MarijuanaStocks
3 months ago
Top Ancillary Marijuana Stocks For The Diversified Investors
What is going to happen to marijuana stock and when will the sector bounce? This is the long-standing question and roadblock for many who hold shares of cannabis stocks. With the current political climate in the USA, it is not easy to have strong convictions of positive market outcomes. To further explain it is not that volatile pops can not happen as that is happening now. But with many issues in the way for investors and legal operators, it impacts the public sector in such a way.
Top Ancillary Marijuana Stocks For The Diversified Investors
Neutral
Seeking Alpha
4 months ago
WM Technology, Inc. (MAPS) Q4 2024 Earnings Call Transcript
WM Technology, Inc. (NASDAQ:MAPS ) Q4 2024 Results Conference Call March 13, 2025 5:00 PM ET Company Participants Simon Yao - Director, Investor Relations Doug Francis - Chief Executive Officer Susan Echard - Chief Financial Officer Operator Good afternoon, everyone, and welcome to WM Technology, Inc.'s Fourth Quarter and Full Year 2024 Earnings Conference Call. All participants will be in a listen-only mode for the duration of the call.
WM Technology, Inc. (MAPS) Q4 2024 Earnings Call Transcript
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