B+
Bull case
25%
Probability
Target price
$23.50
Analysis reference price unavailable
Analysis 2026-09-01 · RankAlpha Sentiment Codex
PWP
Perella Weinberg PartnersANasdaq / Financial Services
Last Price
Quote time unavailable
Current thesis
The Q2 beat, accelerating announced transactions, expanding backlog, continued senior hiring, debt-free balance sheet, and $73 million returned to equity holders support a cautiously positive medium-term setup. [#SEC-8K-2026-07-31]
Posture
Constructive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta 0.0.
What can break
Backlog may convert slowly or not at expected fee levels because deal completion timing is difficult to predict.
Momentum
24
Value
50
Sentiment
81
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $19.50 · Bull $23.50 · Bear $13.50Analysis 2026-09-01; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-29 • Vendor: Data Vendor v1
Scores
As of 2026-10-28 • Model: HYBRID_IC_RP
AI Memo
As of 2026-09-01 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-28
Investment thesis
As of 2026-10-28
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-28. Definitions
Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $21.63
Why
Momentum24 · Δ7d -8.5
Value50 · Δ7d -0.3
Sentiment81 · Δ7d 0.0
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta 0.0.
Contradictions & invalidation
- • Backlog may convert slowly or not at expected fee levels because deal completion timing is difficult to predict.
- • Buyer-seller valuation disconnects may constrain M&A volume.
- • The first-half revenue decline, lower operating margin, uncertain deal completion timing, and exposure to buyer-seller valuation gaps could delay backlog conversion.
Catalyst clock
2026-08-10
Q2 earnings beat and transaction momentum
Lead driver: Sentiment · See AI snapshot
Momentum
24
8% active weight
Current posture
7d trendSoftening
Δ7d
-8.5
Δ21d
-7.5
Value
50
47% active weight
Current posture
7d trendFlat
Δ7d
-0.3
Δ21d
+1.1
Sentiment
81
45% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
+8.2
Why this grade
Composite grade A. Momentum 23.9 / Value 50.5 / Sentiment 80.6
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-09-01. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$19.50
Analysis reference price unavailable
Analysis 2026-09-01 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$13.50
Analysis reference price unavailable
Analysis 2026-09-01 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-29
Fundamentals (TTM)
As of 2026-10-29
Market Cap
$1.33B
Beta
1.63
Shares Out
77.29M
P/E (TTM)
24.5
P/S (TTM)
2.22
P/FCF (TTM)
40.54
Rev YoY
+0.8%
EPS YoY
+52.2%
Gross Margin
+96.7%
Op Margin
+2.8%
Net Debt
-$70.98M
Current Ratio
1.94
As of 2026-10-28 • Updated nightlySource: Internal modelMethods & Data