PWP Stock Forecast & Price Target

Perella Weinberg Partners is experiencing growth in its financial outlook, as evidenced by rising revenue estimates for 2025 and 2026, which are supported by lower non-compensation expenses and a reduced share count. The improvement in these financial metrics indicates a robust performance, highlighting a beat in earnings per share driven by increased revenues. Additionally, the expectation of an improving M&A environment throughout the latter half of 2025 and into 2026 suggests a positive trajectory for the firm’s advisory services amidst ongoing market challenges.

Perella Weinberg Partners reported second-quarter revenues of $155 million, surpassing the consensus estimate of $141 million; however, this figure still indicates a substantial sequential decline of 27% and a year-over-year drop of 43% compared to the record levels of the prior year. Projections for 2025 and 2026 revenues were modestly adjusted downward to $172 million and $183 million, reflecting minimal year-over-year growth of 6.0% and 6.1%, respectively. Additionally, despite some optimistic commentary on overall activity levels, the near-term realization outlook appears uncertain, with public announcement and completion data trailing behind both prior-year and first-quarter 2025 metrics.