Reading PWP? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PWP free→Reading PWP? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PWP free→NASDAQFinancialsCapital MarketsSnapshot 2026-06-15
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak. Earnings quality is robust, cash backs up profits. Management's recent track record has been unsteady, with frequent changes. Risk is elevated, and the sector backdrop is a headwind. Peer multiples imply a price about 44% below where it trades (it looks expensive on this basis); the read is expensive, growth-justified. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 4 valuation methods, at three horizons. Current price $16.01. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $16 PWP trades at 36× p/e — 2.0× the 19× p/e peer median. The market is re-rating it beyond its own range; our $13 fair value is medium-confidence here. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 21% near-term growth, well above our forecast of about -41%. This describes what's priced in, not a forecast of the move.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 56% of the time over the next year (vs 59% for the rest of the cohort, n=3730).
Over the trailing year it converted 3.16x of net income into operating cash flow. Historically, Financials names rated robust grew net income 62% of the time over the next year (vs 54% for the rest of the cohort, n=3541).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.14 → $0.13 (-7.1% / 30d). 0 raised, 3 cut, 3 covering analysts.
0 upgrades, 0 downgrades / 30d. 75% of analysts rate Buy.
1 PT revisions / 30d. Avg target 3.4% above current price.
0 positive, 1 negative / 30d. See F4 management tile for the event list.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 0.0% avg surprise
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$182.
How much price usually moves either way.
On a bad day, this stock has moved -$410.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $3,911.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: If sector revenue growth drops, it may impact PWP's performance. This is key for investors.
Confirms:Sector revenue growth falls below its median for two consecutive months.
Disproves:Sector revenue growth remains above its median.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for PWP yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Unregistered Sales of Equity Securities On May 18, 2026 , Perella Weinberg Partners (the “Company”) issued 1,908,084 shares of its Class A common stock in exchange for 1,906,191 Class A partnership units of PWP Holdings LP (“PWP OpCo”) and 1,906,191 shares of Class B common stock of the Company that were held by certain limited partners of PWP OpCo pursuant to the Amended and Restated Limited Partnership Agreement of PWP OpCo (as amended, the “PWP OpCo LPA”). Pursuant to the terms of the PWP…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Investment Banking & Brokerage.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
PWP PERELLA WEINBERG PARTNERS | Below typical Show detailsSector percentile: 20 of 100 | expensive | elevated |
MS Morgan Stanley | Typical Show detailsSector percentile: 58 of 100 | full | moderate |
GS Goldman Sachs | Typical Show detailsSector percentile: 45 of 100 | full | moderate |
SCHW Charles Schwab Corporation | Above typical Show detailsSector percentile: 89 of 100 | fair | moderate |
IBKR Interactive Brokers | Typical Show detailsSector percentile: 58 of 100 | expensive | moderate |
8 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated volatile grew net income 54% of the time over the next year (vs 57% for the rest of the cohort, n=3774).
Not investment advice. As of 2026-06-15.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on sustaining a robust pipeline as momentum builds across the business.
Newly stated in 2026-Q1. Despite the strong pipeline claim, revenue declined from $219.16M in 2025-Q4 to $148.92M in 2026-Q1. This suggests limited progress in translating pipeline strength into revenue growth.
“Our pipeline entering 2026 stands at record levels and momentum continues to build across our business.”
Set an EPS guidance of $0.05 for the first quarter of 2026.
Newly stated in 2026-Q1. The EPS guidance of $0.05 was set for 2026-Q1, but the actual diluted EPS achieved was $0.02, indicating a shortfall in meeting the guidance.
“Adjusted net income per Class A share—diluted, if—converted $0.05.”
Engage in capital allocation by acquiring 100% of a limited liability partnership.
Newly stated in 2026-Q1. The company engaged in capital allocation by acquiring 100% of a limited liability partnership. However, the financial impact of this acquisition is not yet reflected in the revenue, which decreased from $219.16M in 2025-Q4 to $148.92M in 2026-Q1.
“Entered into a Sale and Purchase Deed to acquire 100% of the membership interests of a limited liability partnership.”
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Alexandra Gottschalk, Chief Financial Officer of the Company, has been appointed to the additional role of Chief Operating Officer of the Company, effective April 27, 2026. Ms. Gottschalk, 39, has served as our Chief Financial Officer since January 2024. Ms. Gottschalk is a seasoned financial executive, with nearly 20 years of finance and accountin…
Results of Operations and Financial Condition. On May 1, 2026 , Perella Weinberg Partners (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2026. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. The press release may contain hypertext links to information on the Company’s website. The information on the Company’s website is not incorporated by reference into and does not constitute a part of…
Unregistered Sales of Equity Securities On April 13, 2026 , as previously announced, Perella Weinberg Partners (together with its affiliates, the "Company") entered into a Sale and Purchase Deed to acquire 100% of the membership interests of a limited liability partnership organized under the laws of England and Wales (the "Acquisition"). In connection with the Acquisition, the Company agreed to issue shares of its Class A common stock, par value $0.0001 per share (the "Common Stock"), to sel…
Results of Operations and Financial Condition. On February 6, 2026 , Perella Weinberg Partners (the “Company”) issued a press release announcing its financial results for the full year and fourth quarter ended December 31, 2025. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. The press release may contain hypertext links to information on the Company’s website. The information on the Company’s website is not incorporated by reference into and does n…