The Latest Breaking News from Weber Inc

Potential short squeeze plays gained steam in 2021 and have continued through 2022 with new traders looking for the next huge move. Here’s a look at the top five short squeeze candidates for the week of Sept. 12, according to Fintel Data:

Outdoor cooking company Weber (WEBR) reported deteriorating third-quarter financials. Moreover, the company has suspended its quarterly cash dividend and withdrawn its fiscal 2022 net sales and earnings outlook, as high consumer prices and other uncertainties are crushing in-store and online traffic and margins. While the stock witnessed a short squeeze-driven…

Shares of Weber (WEBR) and Traeger (COOK) surged last week. However, can these stocks sustain the price rally amid the ongoing supply chain challenges, persistent inflationary environment, and increasing labor costs? Let’s discuss.

Weber Inc (NYSE: WEBR) shares are surging on abnormally-high volume Thursday amid increased retail investor interest.

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move.

Weber Inc (NYSE:WEBR) reported a second-quarter FY22 sales decline of 7% year-on-year to $607.3 million, missing the consensus of $659.06 million. Sales in the Americas decreased 18% Y/Y, EMEA rose 9%, and APAC fell 6%. The gross profit declined 27% Y/Y to $209 million, and the profit margin contracted 940 basis points to…

Weber Inc (NYSE: WEBR) shares are trading lower Monday after the company reported worse-than-expected top-line results and issued guidance below analyst estimates.

Analysts lowered their price targets on Weber Inc (NYSE:WEBR) following its Q1 results. JPMorgan analyst Megan Alexander downgraded Weber to Neutral from Overweight with a price target of $9.50, down from $13, implying an 8% downside. The analyst sees high sales uncertainty ahead with risk in the second half of 2022 on price elasticity and do-it-yourself…