May. 22 at 3:38 AM
$PWP — the most elite independent M&A advisory bank you're probably not watching. Q1 revenue -30% YoY. Stock dumped. But the CEO says the backlog and client engagement are at record highs — deals are just slow to close. Descending wedge coiling on the 8H. Wedge apex approaching. 8 analysts avg PT
$23.84 vs ~
$18 today.
🐂
$19.40 reclaim = wedge break,
$23 then
$26.58 ATH, M&A deal closings accelerate
🐻
$17.20 loses =
$14.80 floor, wedge resolves lower, deal drought extends
⚠️ Q4 2025 they printed
$219M. Q1 2026 they printed
$149M. The business is lumpy — one deal cluster closing and this re-rates fast. July 30 earnings is the trigger.
#PWP #PerellaWeinberg #MandA #InvestmentBanking #hovdid