Perella Weinberg Partners (PWP) AI Stock Analysis

• Market Cap: $1.89B
• Dividend Yield: 1.62%
• Average Volume (3M): 862.80K
• Price to Earnings (P/E): 38.0
• Beta (1Y): 1.51
• Revenue Growth: -12.44%
• EPS Growth: N/A
• Country: US
• Employees: 700
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.17
• Shares Outstanding: 66,670,740
• 10 Day Avg. Volume: 834,478
• 30 Day Avg. Volume: 862,798
• PEG Ratio: -0.09
• Price to Book (P/B): -3.01
• Price to Sales (P/S): 1.44
• P/FCF Ratio: 6.13
• Enterprise Value/Market Cap: 1.38
• Enterprise Value/Revenue: 3.45
• Enterprise Value/Gross Profit: 7.87
• Enterprise Value/Ebitda: 36.81
• 1Y Price Target: $21.83
• Price Target Upside: 8.50% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: $22.00 ▲(9.34% Upside)

The score is held back primarily by weak financial performance signals—negative equity, declining revenue, and sharply weaker free cash flow growth. These risks are partially offset by constructive technical trend signals and a positive earnings-call outlook (record pipeline, strong Europe growth, Devon Park expansion, and a strong cash/no-debt position), while valuation remains only middling due to a higher P/E and modest yield.

Positive Factors

Advisory-focused, fee-based model

Perella Weinberg’s pure advisory business is structurally less capital intensive than lending/trading banks, generating fee revenue tied to strategic mandates. This model preserves capital flexibility, aligns incentives with clients, and supports durable margins when deal flow normalizes.

Strong cash position and no debt

A cash-rich, debt-free balance sheet provides a durable liquidity buffer to fund investments, hires, acquisitions, and dividends through cyclical downturns in deal markets. It reduces refinancing risk and preserves strategic optionality for long-term growth initiatives.

Record pipeline and strategic acquisition

A record pipeline and accelerating Europe growth indicate sustained future fee opportunities, while the Devon Park acquisition expands capabilities into secondaries and broadens the addressable market. Together these structural initiatives can lift long-term revenue potential and cross-sell scope.

Negative Factors

Negative stockholders' equity

Negative shareholders’ equity signals accumulated losses or capital structure stress and undermines financial resilience. This condition can impair borrowing capacity, limit strategic flexibility, and requires earnings retention or capital actions to restore a healthy equity base over the medium term.

Declining revenue trend

Sustained revenue declines shrink the fee pool available to cover fixed costs and incentive compensation, putting pressure on margins and retention. If not reversed by pipeline conversion or market recovery, the trend can erode competitive positioning and limit reinvestment capacity over several quarters.

Sharp drop in free cash flow growth

A large decline in free cash flow growth diminishes the firm’s ability to self-fund strategic hires, acquisitions, dividends, or buybacks. Even with high FCF-to-income conversion, persistent FCF contraction constrains capital allocation flexibility and increases reliance on external funding or equity issuance.

Perella Weinberg Partners Business Overview & Revenue Model

Company Description

Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally. The company offers advice services related to mission-critical strategic and financial decisions, mergers and acquisition execution, shareholder and defense advisory, capital raising, structure and restructuring, capital markets advisory, energy underwriting, and equity research. It serves public multinational corporations, mid-sized public and private companies, individual entrepreneurs, private and institutional investors, creditor committees, and government institutions in various industries comprising consumer and retail; energy; financial institutions; healthcare; industrials; and technology, media, and telecommunications. The company was founded in 2006 and is based in New York, New York.

How the Company Makes Money

Perella Weinberg Partners generates revenue primarily through advisory fees earned from its M&A and restructuring services. The firm charges clients a fee for its advisory services, which can be structured as a retainer or a success fee based on the completion of a transaction. Additionally, PWP earns revenue from capital raising activities, which may involve underwriting fees or commissions from securities offerings. The company's revenue model is heavily reliant on the volume and value of transactions it advises on, meaning that fluctuations in market activity can significantly impact earnings. PWP also benefits from strategic partnerships and relationships with major financial institutions, enhancing its ability to secure advisory mandates and expand its client base.

Perella Weinberg Partners Financial Statement Overview

Summary

Overall fundamentals are pressured by declining TTM revenue growth (-13.04%) and a highly concerning negative stockholders’ equity (financial instability despite no debt noted elsewhere). Operating margins improved from negative to positive, but free cash flow growth fell sharply (-65.63%), limiting the strength of the recovery.

Income Statement

The income statement shows a declining revenue trend with a negative revenue growth rate of -13.04% in the TTM period. Gross profit margin improved to 43.85%, but net profit margin remains low at 6.19%. EBIT and EBITDA margins have improved from negative to positive, indicating some operational recovery.

Balance Sheet

The balance sheet reveals a concerning negative stockholders' equity, leading to an undefined debt-to-equity ratio. The return on equity is negative, reflecting financial instability. The equity ratio is not directly calculable due to negative equity, highlighting potential financial distress.

Cash Flow

Cash flow analysis shows a significant decline in free cash flow growth at -65.63% in the TTM period. However, the free cash flow to net income ratio is strong at 98.79%, indicating efficient cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	757.41M	878.04M	648.65M	631.51M	801.66M	518.99M
Gross Profit	332.09M	352.10M	222.08M	240.17M	297.30M	144.65M
EBITDA	70.99M	-58.15M	-100.42M	-37.04M	45.05M	10.38M
Net Income	46.85M	-64.73M	-17.22M	17.88M	-9.42M	-24.34M
Balance Sheet
Total Assets	650.24M	876.75M	761.11M	717.09M	718.33M	542.95M
Cash, Cash Equivalents and Short-Term Investments	185.53M	408.60M	341.28M	314.28M	504.77M	330.91M
Total Debt	184.82M	187.35M	175.90M	165.60M	43.45M	205.19M
Total Liabilities	449.72M	646.99M	492.86M	456.95M	446.98M	468.77M
Stockholders Equity	-302.40M	-421.38M	152.66M	137.46M	126.32M	74.18M
Cash Flow
Free Cash Flow	74.19M	206.98M	88.28M	-44.33M	233.45M	80.39M
Operating Cash Flow	78.19M	223.36M	145.88M	-17.77M	234.91M	85.91M
Investing Cash Flow	70.90M	-98.00K	-5.82M	-166.23M	-2.44M	-5.52M
Financing Cash Flow	-225.53M	-137.25M	-67.02M	-136.77M	-55.02M	-21.99M

Perella Weinberg Partners Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 20.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PWP, the sentiment is Neutral. The current price of 20.12 is below the 20-day moving average (MA) of 22.03, above the 50-day MA of 20.04, and above the 200-day MA of 19.75, indicating a neutral trend. The MACD of 0.15 indicates Positive momentum. The RSI at 42.02 is Neutral, neither overbought nor oversold. The STOCH value of 6.73 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PWP.

Perella Weinberg Partners Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MC	71 Outperform	$5.15B	21.73	―	3.69%	51.19%	456.59%
PJT	71 Outperform	$7.48B	23.03	―	0.58%	23.16%	64.04%
EVR	70 Outperform	$12.80B	23.56	31.66%	0.95%	27.00%	63.47%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
LPLA	63 Neutral	$26.59B	30.42	20.86%	0.32%	35.19%	-18.62%
PIPR	62 Neutral	$5.82B	20.78	21.65%	1.63%	12.77%	36.43%
PWP	53 Neutral	$1.89B	38.01	―	1.62%	-12.44%	―

Perella Weinberg Partners Corporate Events

Perella Weinberg Partners Issues 1.3 Million Shares

On November 17, 2025, Perella Weinberg Partners issued over 1.3 million shares of Class A common stock in exchange for Class A partnership units and Class B common stock held by certain limited partners of PWP Holdings LP. This transaction, conducted under the Amended and Restated Limited Partnership Agreement, allows holders of Class A partnership units to exchange them for Class A common stock or cash, with the company retaining the option to determine the form of exchange. The issuance was executed as a private transaction exempt from public offering registration, potentially impacting the company’s capital structure and market positioning.

The most recent analyst rating on (PWP) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Perella Weinberg Partners stock, see the PWP Stock Forecast page.