Why Did Perella Weinberg Soar 27.48% Ahead of Earnings?

On May 2, 2025, Perella Weinberg's stock surged by 27.48% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Analysts have projected that Perella Weinberg's stock may experience a decline of 37.43% over the next three months, with a 90% probability that the price will fall within a specific range. This forecast has added to the volatility surrounding the stock, as investors await the company's upcoming earnings report.

Investors are eagerly anticipating Perella Weinberg's earnings announcement, with analysts expecting an earnings per share (EPS) of $0.19. The company is also projected to report earnings of $0.21 per share and revenue of $200.29 million for the quarter, which could further influence the stock's performance.

JMP Securities recently adjusted their price objective for Perella Weinberg Partners, lowering it from $33.00 to $29.00 while maintaining a "market outperform" rating. This adjustment reflects the firm's assessment of the company's current market position and future prospects.